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Insurance Business Magazine - US
Posted: Jan 27, 2026
New York, NY — January 27, 2026 — Sinistar, a pioneering, AI-enabled, tech-first temporary housing platform purpose-built for insurance claims, today announced the appointment of Michelle Licht as Vice President of Business Development – USA, effecti...
Posted: Jan 27, 2026
BMS Re, the reinsurance arm of independent re/insurance broker BMS Group, has appointed Tony Grippa as Chief Strategy Officer for its US business. Grippa holds extensive industry experience, having previously served as a senior advisor to Dowling...
Posted: Jan 27, 2026
Brown & Brown has disclosed its full-year 2025 results, revealing total revenues of $5.9 billion, an increase of $1.1 billion, or 22.8%, compared with 2024. Income before income taxes rose to $321 million, up 16.7% year over year. Net income a...
Posted: Jan 27, 2026
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported pre-tax underwriting income growth of 14.9% to a record $338 million for the fourth quarter of 2025 (Q4’25), and a record $1.2 billion for the...
Posted: Jan 27, 2026
A year ago, the Chinese startup DeepSeek freaked out the stock market with the idea that developing artificial intelligence was much easier and cheaper than everyone imagined. But 12 months later, that’s turned out to be largely a mirage so ...
Posted: Jan 27, 2026
Specialty insurer Brit Group Holdings Limited has announced the successful renewal of its US Hospital Professional Liability (HPL) Consortium 7882 for the 2026 underwriting year, with maximum capacity of $10 million. The consortium serves US-based...
Posted: Jan 27, 2026
Overflowing water in a mining area owned by Brazil’s Vale caused environmental damage as it reached the local Maranhao River, Minas Gerais state government said in a statement on Monday. The overflow on Sunday, in two nearby but separate areas...
Posted: Jan 27, 2026
Canada Life, a life insurance and pensions provider in the UK, has confirmed the appointment of Stuart Carroll as Chief Actuary, effective from 1 January 2026, reporting to Stuart Robinson, Chief Financial Officer. Carroll is a senior actuary and...
Posted: Jan 27, 2026
The U.S. National Transportation Safety Board said on Friday it is opening an investigation into self-driving car company Waymo after its robotaxis illegally passed stopped school buses in Austin, Texas, at least 19 times since the start of the schoo...
Posted: Jan 27, 2026
International reinsurer Arundo Re has successfully renewed its 157 Re collateralised reinsurance sidecar, with 157 Re 26 becoming the eighth vintage under the platform, supported once again by Boussard & Gavaudan Investment Management LLP, as...
Posted: Jan 27, 2026
Posted: Jan 27, 2026
Posted: Jan 27, 2026
Preston Insurance Agency, a full-service independent insurance agency with six locations across Illinois, announced a strategic partnership with Ansay & Associates, one of the nation’s largest family-owned independent insurance agencies. Th...
Posted: Jan 27, 2026
Nvidia Corp. is offering new open-source software and models designed to help governments and businesses more easily use artificial intelligence and complex data to build their own weather forecasting systems. The chipmaker’s new Earth-2 platfo...
Posted: Jan 27, 2026
The U.S. agency that enforces laws prohibiting workplace discrimination on Thursday rescinded legal guidance that had strengthened protections against unlawful harassment for LGBTQ workers and women who have abortions. The U.S. Equal Employment Oppor...
Posted: Jan 27, 2026
Navigators Insurance Co., a Hartford excess insurer, cannot escape a Georgia utility company’s argument that the utility is an additional insured on a policy, after a 2018 gas explosion in Georgia that left three women severely injured. The dec...
Posted: Jan 27, 2026
Newly revealed data highlights a surge in criminals targeting high-value freight and new theft locations pushing losses higher, according to Verisk CargoNet analysis. Estimated losses surged 60% from 2024 numbers to nearly $725 million, while confirm...
Posted: Jan 27, 2026
The weekend winter storm that impacted more than 200 million people from more than 24 states is expected to result in total damage and economic losses of between $105 billion and $115 billion, said AccuWeather. The preliminary loss estimate accounts...
Posted: Jan 27, 2026
Falcon Risk Services, a wholly owned managing general agent (MGA) of HDI Global SE, has promoted John Merchant to Chief Underwriting Officer (CUO), effective January 1st, 2026. Merchant was the first employee to join Falcon in October 2021, and th...
Posted: Jan 27, 2026
A California rehabilitation center operator knowingly received more than one Paycheck Protection Program loan prior to Dec. 31, 2020, and was ordered pay the $1.5 million in damages and penalties, a court found. The U.S. District Court for the Centra...
Posted: Jan 27, 2026
A U.S. District Court for the Western District of Washington’s issued a final ruling against the Trump Administration in multistate litigation challenging the withholding of funding for electric vehicle charging infrastructure. The U.S. Federal...
Posted: Jan 27, 2026
Zero-emission vehicle registrations fell in California 2025 after several years of growth following the pandemic. This marks the first year-over-year decline in ZEV registrations since 2020, a new report from the California New Car Dealers Associatio...
Posted: Jan 27, 2026
A gas explosion sent fire racing through the top floors of a high-rise apartment building in New York City early Saturday, killing one person and injuring 14 others as temperatures plunged into the single digits overnight, authorities said. Firefight...
Posted: Jan 27, 2026
A Connecticut man who stole more than $28 million from his former employer Mars, Inc. has been sentenced to 63 months of imprisonment and three years of supervised release for fraud and tax offenses. Paul R. Steed has also been …
Posted: Jan 27, 2026
The new appointments support ACORD’s global digital standards strategy.
Posted: Jan 26, 2026
The new tiered rewards structure recognizes long-term growth and consistency of Agencies working with ERGO NEXT.
Posted: Jan 26, 2026
The company announced the launch of auto insurance for Kin customers in Florida and Texas.
Posted: Jan 26, 2026
Including a new Chief Transformation Officer, three Deputy Chief Underwriting Officers, and four Senior Vice Presidents.
Posted: Jan 26, 2026
The company introduced the Invesco New Economy Index.
Posted: Jan 26, 2026
Five Sigma, the AI claims technology company, announced that Starr, a global investment and insurance organization, has selected its Claims Management Platform and Clive™, the Multi-Agent AI Claims Solution, to modernize its claims organization.
Posted: Jan 26, 2026
Nimbus now offers limits up to $2.7 billion.
Posted: Jan 26, 2026
The round brings Salvo’s total equity raised to $21.6 million.
Posted: Jan 26, 2026
Helium Ventures has acquired InsurGrid, the leading policy data platform for P&C insurance agents. Revenue has grown 50% since the acquisition.
Posted: Jan 26, 2026
The rapid and massive expansion of digital infrastructure demands an evolved approach to risk management. The post The Three Pillars of Digi...
Posted: Jan 26, 2026
A massive winter storm that swept the US over the weekend crippled oil and gas producers and the industrial plants that refine the raw commodities into everything from gasoline to plastics. Refinery flares lit up the Houston Ship Channel late …
Posted: Jan 26, 2026