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Canopius appoints Jasan Fitzpatrick as General Counsel

Reinsurance News

Canopius Group, a global specialty and property and casualty re/insurer, has appointed Jasan Fitzpatrick as General Counsel, effective April 1st, 2026. In this newly created role, Fitzpatrick will report to Neil Robertson, Group Chief Executive Of...

Posted: Feb 03, 2026

Russian Captain Found Guilty Over Crew Member’s Death in US Tanker Crash

Insurance Journal

The Russian captain of a container ship that crashed into a U.S. tanker off the east coast of Britain in March last year was found guilty in a London court on Monday of causing the death of a crew member …

Posted: Feb 03, 2026

Munich Re launches pandemic consortium with parametric focus at Lloyd’s

Reinsurance News

Munich Re Specialty – Global Markets, Syndicate, managing agent of Syndicate 457 at the Lloyd’s insurance and reinsurance marketplace, has established The Pandemic Consortium, designed to offer parametric catastrophic communicable disease in...

Posted: Feb 03, 2026

EU Body’s Advice on Toxin Limit in Baby Formula Prompts More Recalls

Insurance Journal

The European food safety body on Monday advised a maximum threshold for the cereulide toxin used in infant formula, prompting some French producers to withdraw additional products from the market. Cereulide, a toxin that can cause nausea and vomiting...

Posted: Feb 03, 2026

Leading Indian life insurer to implement Aon’s modelling platform PathWise

Reinsurance News

CICI Prudential Life Insurance Company Limited, one of India’s leading private life insurers, has agreed to a strategic collaboration to implement PathWise, Aon’s high-performance modelling platform, across its actuarial modelling landscape. The i...

Posted: Feb 03, 2026

Distinguished expands specialty offerings with new Marine Cargo programme

Reinsurance News

Distinguished Programs, a national MGA and insurance programmes manager, is broadening its specialty footprint with the launch of a Marine Cargo programme led by veteran executive Ralph Salce. The new initiative will offer a full suite of marine c...

Posted: Feb 03, 2026

APCIA Hires Hanson to Lead National Advocacy and Coalition Strategy

Insurance Journal

The American Property Casualty Insurance Association (APCIA) announced the hiring of Meagan Myers Hanson as department vice president, advocacy, campaigns, and coalitions. Hanson will lead APCIA’s integrated advocacy campaigns, coordinate natio...

Posted: Feb 03, 2026

Karl Hamann to lead Aon’s business in the Philippines

Reinsurance News

Global insurance and reinsurance broking group Aon has appointed Karl Hamann to Chief Executive Officer (CEO) of the Philippines, effective April 1st, 2026, subject to regulatory requirements. Since 2022, he has served as the CEO of Indonesia, whe...

Posted: Feb 03, 2026

Hymans Robertson expects 2026 to be a record year for the buy-in market

Reinsurance News

The pipeline for buy-ins looking to complete during the months ahead is very strong, with 2026 expected to be a record year for the market and likely to exceed £50 billion for the first time, according to Hymans Robertson’s 2026 Risk Transfer Repo...

Posted: Feb 03, 2026

Active Tornado Season Expected in the US

Insurance Journal

An active 2026 tornado season is expected for the Central Plains, with approximately 15% more tornadoes than the 20-year average, according to the Kansas Institute of Tornado Dynamics (KITD). Factors influencing this forecast include persistent La Ni...

Posted: Feb 03, 2026

Prestige Underwriting names Peacock Head of Home, Product and Governance

Reinsurance News

Specialist managing general agent (MGA) Prestige Underwriting, has announced the promotion of Katy Peacock to the role of Head of Home, Product and Governance. In her new role, Peacock will oversee the development and governance of Prestige’...

Posted: Feb 03, 2026

India Plans a $2.2 Billion Bet on Carbon Capture and Storage

Insurance Journal

India’s government proposed a 200 billion rupees ($2.2 billion) program to ramp up the deployment of carbon capture utilization and storage technology, to help mitigate the emissions of five heavily polluting sectors. The plan would target powe...

Posted: Feb 03, 2026

Data Center Boom Offers Organic Growth Opportunities for Brokers Like Aon, Marsh

Insurance Journal

The global boom in the construction of data centers – driven by the growth of generative artificial intelligence (AI) and machine learning – is creating organic growth opportunities for major brokers such as Aon and Marsh. “Over the next five &...

Posted: Feb 03, 2026

Carolinas Emerge as New Population Boom States With Affordability and Lifestyle

Insurance Journal

Move over Florida and Texas. The United States has new hot spots for growth, and they both have Carolina in their name. North Carolina last year attracted more new residents, 84,000 people, from other parts of the country than any …

Posted: Feb 03, 2026

Coverage A for Florida Surplus HO-3 Shows Mixed Bag in Premiums, Policy Count

Insurance Journal

Primary insurers in Florida aren’t the only ones reporting rate reductions for segments of the populace. Surplus lines also have seen premium decreases as well as significant policy count growth—at least for some slices of the market. The Flori...

Posted: Feb 03, 2026

Marsh McLennan Agency Acquires Marine Insurance Specialist Robinson & Son

Insurance Journal

Marsh McLennan Agency (MMA) announced the acquisition of Robinson & Son, a Hudson Falls, New York-based agency specializing in the maritime industry. Terms of the acquisition were not disclosed. The agency, which offers both commercial and person...

Posted: Feb 03, 2026

Arizona Experienced 25% Decrease in Vehicle Thefts in 2025, New Report Shows

Insurance Journal

Vehicle thefts fell by 25% in Arizona in 2025 to the lowest rate in decades, and the third consecutive year of a decrease in the state, a new report shows. Data from the Arizona Automobile Theft Authority’s Auto Crime Tracker …

Posted: Feb 03, 2026

Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme

Insurance Journal

A federal grand jury on January 30 indicted a Massachusetts married couple for their alleged involvement in a scheme to defraud individuals and insurance providers through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B...

Posted: Feb 03, 2026

California Light Bulb Maker Paying $100K for Firing Pregnant Worker

Insurance Journal

A California lightbulb manufacturer is paying $100,000 to settle a pregnancy discrimination lawsuit. Feit Electric Inc., a lightbulb manufacturer based in Los Angeles, must pay $100,000 and provide other relief to settle the pregnancy discrimination...

Posted: Feb 03, 2026

MAPFRE Denied Injunction Against AAA Auto Insurance Sales in Massachusetts

Insurance Journal

MAPFRE Insurance has been denied a preliminary injunction to keep AAA Northeast from selling auto insurance policies in Massachusetts in what the insurer says is a violation of an exclusive marketing agreement it has with the auto club in the …

Posted: Feb 03, 2026

Howden names Shunsuke Takechi as Head of M&A for Japan

Reinsurance News

Global insurance and reinsurance broker Howden has announced the appointment of Shunsuke Takechi, a highly experienced and qualified Japanese attorney with over 13 years of experience, as Head of Japan, M&A. Takechi holds the unique distinctio...

Posted: Feb 03, 2026

Marsh appoints Lisa Quest as UK CEO

coverager

Quest joined Oliver Wyman in 2006.

Posted: Feb 03, 2026

First Mid Insurance Group acquires Downs Insurance Agency

coverager

The transaction closed on January 12, 2026.

Posted: Feb 03, 2026

Moder Appoints Vikram Talwar to Lead Insurance Business

IIR

Talwar will oversee Moder’s insurance operations and expansion strategy as the industry pursues modernization and automation.

Posted: Feb 02, 2026

Hartwell Selects INTX Insurance Software to Support Captive Growth

IIR

The Tennessee-based captive carrier adopts INTX as its insurance operating system to enhance scalability, transparency, and operational control.

Posted: Feb 02, 2026

KCC Estimates $6.7 Billion in Insured Losses from Winter Storm Fern

IIR

Commercial claims, widespread freeze damage, and southern exposure drive significant insurance impacts across more than 30 states.

Posted: Feb 02, 2026

Modern Underwriting Technology Requires More Than New Systems

IIR

Successful underwriting modernization depends on disciplined leadership, change management, and adoption—not just replacing legacy technology.

Posted: Feb 02, 2026

Apollo partners with ZenHedge on parametric freight coverage

coverager

Apollo partnered with ZenHedge to launch a parametric insurance product.

Posted: Feb 02, 2026

Rover acquires cat-sitting marketplace Meowtel

coverager

The deal brings Meowtel’s network of more than 4,000 cat sitters and coverage across 8,000 U.S. cities onto Rover’s platform.

Posted: Feb 02, 2026

Marsh launches Digital Infrastructure Contract Advisory Group

coverager

The group makes sure contracts and insurance actually match.

Posted: Feb 02, 2026

The end of Model S and X and the rise of Optimus

coverager

Tesla plans to wind down production of the Model S and Model X.

Posted: Feb 02, 2026

Cuvva partners with Toyota

coverager

The product is available directly through Cuvva’s app.

Posted: Feb 02, 2026

Leavitt Group acquires FBMC Benefits Management

coverager

FBMC Benefits Management is a Florida based employee benefits agency.

Posted: Feb 02, 2026

The Future of Life & Annuity: A Vision of Frictionless Speed and AI Partnership

coverager

The 2025 Sureify Life & Annuity Summit gathered 170 life and annuity leaders to explore barriers to growth and define a more efficient future. We captured and analyzed their perspectives...

Posted: Feb 02, 2026

Solar Insure launches commercial solar warranty

coverager

Solar Insure is a provider of solar and storage warranties.

Posted: Feb 02, 2026

Gallagher acquires Hunt Financial Group

coverager

The acquisition expands Gallagher’s employee benefits consulting operations.

Posted: Feb 02, 2026

Simplicity Group acquires Source Brokerage

coverager

Financial terms were not disclosed.

Posted: Feb 02, 2026

Alliant added to Sourcewell cooperative purchasing program

coverager

According to Alliant, the contract builds on its public sector footprint, serving more than 10,000 public entity clients.

Posted: Feb 02, 2026

Marsh McLennan Agency acquires Robinson & Son

coverager

Financial terms were not disclosed.

Posted: Feb 02, 2026

Aviva Private Clients launches in Lloyd's market

coverager

Expanded coverage is aimed at mortgage lenders, banks, and financial institutions.

Posted: Feb 02, 2026

Bill Introduced to ‘Transform’ The California FAIR Plan

Insurance Journal

A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponso...

Posted: Feb 02, 2026

Bill Introduced to ‘Transform’ the California FAIR Plan

Insurance Journal

A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponso...

Posted: Feb 02, 2026