All Posts

CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M

Carrier Management

CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M Cyber analytics...

Posted: Oct 27, 2025

AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B

Insurance Journal

American International Group today said it has a definite agreement to acquire the renewal rights for most of the Everest Group’s retail commercial insurance business. Everest will focus on its global wholesale and specialty insurance businesse...

Posted: Oct 27, 2025

Prudential partners with Dylan Harper to promote financial planning

coverager

Harper will appear in Prudential’s social media and live events.

Posted: Oct 27, 2025

Wright Flood to acquire assets of Poulton Associates

coverager

This acquisition makes Wright Flood the largest provider of flood insurance in the U.S.

Posted: Oct 27, 2025

How compensation influences agent decision making

coverager

Money talks and carriers should start listening

Posted: Oct 27, 2025

Klarna introduces membership program

coverager

The program has two tiers.

Posted: Oct 27, 2025

A Conversation with Alan Rook of MyMatrixx by Evernorth

Risk & Insurance

Explore the evolving landscape of presumptive coverage in workers’ compensation as Alan Rook of MyMatrixx by Evernorth® discusses legislative trends, chronic condition management, and strategies for improving patient outcomes while controlling cos...

Posted: Oct 27, 2025

Recovery Unlikely for Jewels Stolen From the Louvre Museum

Carrier Management

Recovery Unlikely for Jewels Stolen From the Louvre Museum Just days after a stunning heist at the Louv...

Posted: Oct 27, 2025

Exxon Mobil Sues California Over Climate Disclosure Laws

Carrier Management

Exxon Mobil Sues California Over Climate Disclosure Laws Exxon Mobil s...

Posted: Oct 27, 2025

Employees With Positive Leave Experience 75% More Likely to Stay at Job 5+ Years

Carrier Management

Employees With Positive Leave Experience 75% More Likely to Stay at Job 5+ Years A new...

Posted: Oct 27, 2025

Canada’s P&C insurers weather record cat losses while maintaining stable outlook: AM Best

Reinsurance News

According to a new report from the credit rating agency AM Best, Canada’s property and casualty (P&C) insurers drew on strong capital reserves, prudent pricing, and sound risk management practices to absorb the financial effects of the country...

Posted: Oct 27, 2025

Restaurant Worker Safety: Understanding the Hidden Costs Behind Kitchen Injuries

Risk & Insurance

New data from AmTrust Financial reveals that while cuts dominate restaurant injury statistics, muscle strains create the heaviest financial burden—costing nearly 500% more per claim than the industry's most common injuries. The post

Posted: Oct 27, 2025

AM Best Assigns Credit Rating to Texas’ Dallas Specialty

Insurance Journal

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Dallas Specialty Insurance Company (Dallas Specialty), based in Dallas, Texas. The outlook assigned to these Cr...

Posted: Oct 27, 2025

Banks Rocked by ‘Extreme’ Car Loan Costs Gear Up for FCA Fight

Insurance Journal

The UK’s biggest banks are gearing up for yet another fight with regulators over how they’ll compensate consumers who were missold car loans — even after they set aside an additional £1.5 billion to resolve the saga in recent weeks. &#823...

Posted: Oct 27, 2025

Malcolm Barnes to lead IGI’s Specialty Treaty business

Reinsurance News

International General Insurance Holdings Ltd. (IGI) has appointed Malcolm Barnes as the Head of Specialty Treaty, based in its London office. In his new role, Barnes is responsible for building and managing the IGI’s specialty treaty reinsurance b...

Posted: Oct 27, 2025

Staff Member Dies After Being Kicked at Residential School

Insurance Journal

A staff member at a residential school in Massachusetts died after being kicked in the chest while trying to restrain a 14-year-old student, and the girl is charged with assault, a prosecutor said. The incident happened last Wednesday night at &#8230...

Posted: Oct 27, 2025

NHTSA to Expand Probe Into 286,000 GM Vehicles Over Possible Engine Failure

Insurance Journal

The National Highway Traffic Safety Administration is expanding its probe into 286,000 General Motors vehicles in the U.S. over a possible engine failure issue, the safety regulator said on Monday, following several complaints, despite a recall. The...

Posted: Oct 27, 2025

AXA XL supports CCRS report on rising wildfire risks and role of re/insurance

Reinsurance News

AXA XL supported the publication of a new report by the Cambridge Centre for Risk Studies (CCRS), which highlighted the increasing frequency and severity of wildfires in California and the critical role of the re/insurance industry in enabling an...

Posted: Oct 27, 2025

Remote Work Drives 40% Drop in Workers’ Comp Claims for Office Workers, but Overall Impact Remains L...

Risk & Insurance

NCCI study reveals dramatic frequency declines in remote-friendly jobs, though these workers represent just 11% of total workers' compensation premium. The post

Posted: Oct 27, 2025

GIC Re names Hitesh Joshi as interim Chairman and Managing Director

Reinsurance News

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has appointed Hitesh Ramesh Chandra Joshi as interim Chairman-cum-Managing Director (CMD), effective October 1st, 2025. The appointment was approved by the Minist...

Posted: Oct 27, 2025

Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations

Insurance Journal

U.S. carrier Alaska Airlines said it had restored operations after a technology outage that grounded flights across the country and forced it to cancel more than 400 flights, disrupting travel for more than 49,000 passengers. Alaska Air Group said Oc...

Posted: Oct 27, 2025

St. John’s University and ACORD Partner On Executive Education Programs

Insurance Journal

New York City’s St. John’s University is partnering with ACORD, the standards-setting body for the insurance industry, to offer virtual or in-person learning to employees of organizations that are members of ACORD. Programs focus on insur...

Posted: Oct 27, 2025

Goosehead’s total revenue hits $90.4m in Q3’25

Reinsurance News

Goosehead Insurance, an independent personal lines insurance agency, reported a total revenue increase of 16% to $90.4 million for the third quarter of 2025, with a 15% increase in total written premiums to $1.2 billion. Core Revenues, a non-GAAP...

Posted: Oct 27, 2025

JPMorgan Chase Fights Paying $115M Legal Tab for Convicted Fraudsters

Insurance Journal

For nearly three years, JPMorgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their financial aid startup Frank to the bank. But the two have racked up an astronomical, …

Posted: Oct 27, 2025

CyberCube Insured Loss Estimate From AWS Outage: Likely About $40M

Insurance Journal

Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million. CyberCube late last week put out a preliminary global insured loss estimate of between $38 million and $581 million for the AWS event, which &#...

Posted: Oct 27, 2025

CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M

Insurance Journal

Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million. CyberCube late last week put out a preliminary global insured loss estimate of between $38 million and $581 million for the AWS event, which &#...

Posted: Oct 27, 2025

People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/In...

Insurance Journal

This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new hires follows here. Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty Liberty Mutual...

Posted: Oct 27, 2025

US composite insurance rate declines 1%: Marsh

Reinsurance News

The US composite rate has declined by 1% in the third quarter of 2025 after remaining flat in the prior quarter, according to Marsh’s Global Insurance Market Index. This overall drop was largely driven by US property insurance rates, which decline...

Posted: Oct 27, 2025