All Posts
Forecasters Expect Brief La Nina in Fall 2025 A brief period of La Nina conditions is favored...
Posted: Aug 14, 2025
SiriusPoint Announces Arden Partnership, Wildfire Coverage Sir...
Posted: Aug 14, 2025
As Texas lawmakers debate whether to regulate or ban THC products, officials with the state’s crime labs say they don’t have the resources currently to enforce whatever law is passed. “From a crime lab perspective, mercifully, we do...
Posted: Aug 14, 2025
As Texas lawmakers debate whether to regulate or ban THC products, officials with the state’s crime labs say they don’t have the resources currently to enforce whatever law is passed. “From a crime lab perspective, mercifully, we do...
Posted: Aug 14, 2025
The Milwaukee area began drying out Monday after weekend rain hit unofficial records in Wisconsin of more than 14 inches (36 centimeters) in less than 24 hours, leading multiple rivers to flood at record-high levels, washing out vehicles, flooding ba...
Posted: Aug 14, 2025
Thirty-five cars of a Union Pacific train derailed Tuesday afternoon near a small Texas town, officials said. No injuries were reported and no evacuations have been ordered following the afternoon derailment, Union Pacific spokeswoman Robynn Tysver s...
Posted: Aug 14, 2025
Mercyhealth, a health care system operating hospitals and clinics in Illinois and Wisconsin, agreed to pay more than $1 million in monetary relief to a class of employees and has offered to reinstate employees that it terminated for refusing to ̷...
Posted: Aug 14, 2025
Bass Named Chief Operating Officer, Brooks Named Chief Claims Officer at Plymouth Rock Plymouth Rock Assurance Corp., headquartered in Boston, Massachusetts, hired two additions to its Independent Agency Group leadership team. Brooke Bass joins as ch...
Posted: Aug 14, 2025
Third Point LLC (TPIL ), a New York-based alternative asset manager, has secured shareholder approval for its acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform. The vote, which took place at the firm’s extraordina...
Posted: Aug 14, 2025
Rise of Delivery Drones Comes With Risks Delivery drones are so fast they can zip a pint of ice cream t...
Posted: Aug 14, 2025
Riskiest Places to Drive Over Labor Day Holiday Weekend:...
Posted: Aug 14, 2025
Broker Marsh, a business of Marsh McLennan, the launch of BrokerSafe, an exclusive insurance facility for U.S. freight broker clients seeking access to more stable and affordable freight broker auto liability coverage. Freight brokers play a vital ro...
Posted: Aug 14, 2025
Containment continues to increase on the biggest fire in California this year, which has been at “megafire” status for nearly a week. The Gifford Fire, which is burning in two California counties, is now 41% contained. It has burned more...
Posted: Aug 14, 2025
Containment continues to increase on the biggest fire in California this year, which has been at “megafire” status for nearly a week. The Gifford Fire, which is burning in two California counties, is now 41% contained. It has burned more...
Posted: Aug 14, 2025
Insurtech Gateway, a specialist insurtech incubator, has received authorisation to trade within the specialist Lloyd’s market, the world’s oldest insurance and reinsurance marketplace. This milestone strengthens Insurtech Gateway’s platform...
Posted: Aug 14, 2025
Large accounts see biggest moderation in Q2 2025, while umbrella coverage faces double-digit premium increases. The post
Posted: Aug 14, 2025
Bermuda-based reinsurer PartnerRe has announced the appointment of Brian Newman as Chief Data and Operations Officer, Life & Health (L&H). Newman brings extensive experience to the role, having spent six years at Hannover Life Re US, where...
Posted: Aug 14, 2025
Qatar Insurance Company (QIC Group) has reported an increase of 17% year on year in gross written premiums (GWP) to QAR 5.7 billion in the first half of 2025, as it continued to enhance the risk diversification of its underwriting portfolio, growi...
Posted: Aug 14, 2025
The Lloyd’s Market Association (LMA) has advised its member insurers to review their exposures to Russian oil in response to upcoming changes to the Oil Price Cap regime for the UK and EU. The Oil Price Cap is a sanctions regime run by the G7, the...
Posted: Aug 14, 2025
Buyer-favorable market conditions emerge amid capacity expansion and evolving threat landscape, Risk Placement Services reports. The post
Posted: Aug 14, 2025
AXIS Capital has revealed that Matthew Kirk will succeed Peter J. Vogt as the firm’s Chief Financial Officer, effective March 2026. As part of a planned leadership transition, Vogt will act as a strategic advisor to AXIS Capital through the...
Posted: Aug 14, 2025
Insurance Business Magazine - US
Posted: Aug 14, 2025
Insurance Business Magazine - US
Posted: Aug 14, 2025
Insurance Business Magazine - US
Posted: Aug 14, 2025
A fire broke out onboard a Maersk container vessel off the coast of Liberia on Wednesday and the crew was still battling to put out the flames a day later, the Danish shipping group said on Thursday. “The crew of …
Posted: Aug 14, 2025
The Trump administration is expected as soon as Aug. 18 to take another step toward curbing the growth of renewable energy in the United States by making it harder for companies to claim federal tax subsidies for wind and solar …
Posted: Aug 14, 2025
As the global reinsurance market enters a period of sustained profitability and stability, disciplined capital deployment and strong underwriting remain crucial, a recent AM Best report has revealed. The Best’s Market Segment Report, “Reinsurers’...
Posted: Aug 14, 2025
Insurance broker NFP, an Aon company, announced it has acquired Pilot Benefits Group, LLC, an employee benefits broker in Melville, New York. Josh Senders and Ben Senders, principals at Pilot, will join NFP as senior vice presidents and report to ...
Posted: Aug 14, 2025
Australian insurer Suncorp Group has revealed that net profit after tax (NPAT) for FY2025 was $1.823 billion, up from $1.197 billion in 2024, while cash earnings increased to $1.486 billion from $1.372 billion. According to the firm, FY2025 NPAT i...
Posted: Aug 14, 2025
Heavy rain led to flooding around Chattanooga, Tennesse, where a family of three was killed when a tree fell on their car early Wednesday morning. News reports indicated that saturated ground caused the large tree to fall in East Ridge, …
Posted: Aug 14, 2025
Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation of thousands of residents and tourists. A wildfire is still burning in an inaccessible part of the Aegean island of Chios, where coastguard ves...
Posted: Aug 14, 2025
Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation of thousands of residents and tourists. A wildfire is still burning in an inaccessible part of the Aegean island of Chios, where coastguard ves...
Posted: Aug 14, 2025
Atrium, a specialty insurance group at Lloyd’s, has entered the Credit and Political Risk market with the appointment of a new team led by Richard Lamb. Lamb will be joined by Beth MacGregor and Adam Vulliamy. Together, they aim to create one of L...
Posted: Aug 14, 2025
Sollers Consulting, a software integrator and operational advisor, has opened its first permanent office in the United States, in Chicago, marking a significant milestone as it expands its footprint into the world’s largest insurance market. The U...
Posted: Aug 14, 2025
Moments after an explosion erupted at a U.S. Steel plant outside Pittsburgh, company firefighters, local responders and employees raced in to rescue people from the smoldering wreckage. They were able to free one injured worker who was whisked to a &...
Posted: Aug 14, 2025
Earlier this month, Standard & Poor’s Global Ratings announced another downgrade for State Farm General Insurance Co., lowering the California company’s financial strength rating to A- in spite of a show of financial support from its...
Posted: Aug 14, 2025
Legal & General Group plc, a UK-based multinational financial services company specialising in insurance, asset management, and retirement solutions, has released its 2025 Global Pension Risk Transfer (PRT) Monitor. The report forecasts that o...
Posted: Aug 14, 2025
Russian hackers briefly took control of a dam in Norway earlier this year, the head of the Nordic country’s counter-intelligence agency said on Wednesday, the first time Oslo has officially attributed the cyberattack to its neighbor. While in c...
Posted: Aug 14, 2025
Sompo Holdings, Inc. has posted results for its overseas insurance/reinsurance business for the first quarter of the 2025 financial year, reporting a global reinsurance combined ratio of 85.8%, down 10.9 points from 96.7% a year earlier, due to be...
Posted: Aug 14, 2025
Australia’s financial regulator is suing A$70 billion ($46 billion) pension fund Mercer Super, accusing it of failing to report multiple investigations into serious member services issues. In a Federal Court filing, the Australian Securities an...
Posted: Aug 14, 2025
The Vesttoo Creditors Liquidating Trust, an independent fiduciary appointed by the U.S. Bankruptcy Court for the District of Delaware, has filed a complaint in the Court against Aon, China Construction Bank, and certain entities and individuals fo...
Posted: Aug 14, 2025
Swiss Re AG has set up a task force to see how the tariffs installed by the United States against Switzerland and other countries is impacting the Zurich-based reinsurer. Chief Executive Officer Andreas Berger said he doesn’t see the tariffs &#...
Posted: Aug 14, 2025