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Insurance Business Magazine - US
Posted: Jan 21, 2026
More than 100 vehicles smashed into each other or slid off an interstate in Michigan on Monday as snow fueled by the Great Lakes blanketed the state. The massive pileup prompted the Michigan State Police to close both directions of …
Posted: Jan 21, 2026
Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to Aon plc. Total economic losses reached $260 billion — 23% below the 21st-century average and the lowest since 2015...
Posted: Jan 21, 2026
AXA XL, the property and casualty division of global insurer AXA Group, has appointed Liz Rychling as Head of Broker Relations, Large Commercial and Mid-Market, for its Americas region. She will be based in New York, and report to Matt O’Mal...
Posted: Jan 21, 2026
California Department of Insurance data show one consumer advocacy group earned $1.4 million in fees last year from a program that pays people and advocates to intervene in rate hearings. Consumer Watchdog received $1,427,280.80 in fees from the stat...
Posted: Jan 21, 2026
Fourth quarter 2025 net income at The Travelers Cos. increased about 20% compared with the same period a year ago, to about $2.5 billion. Underwriting, lower catastrophe losses, and more favorable prior year reserve development bolstered financial re...
Posted: Jan 21, 2026
Wells Fargo & Co. is moving the headquarters for its wealth-management business to West Palm Beach, becoming the first big bank to run that operation from the heart of the wealth boom in South Florida. The San Francisco-based firm signed …
Posted: Jan 21, 2026
New regulations for the consumable hemp industry were approved by the Texas Alcoholic Beverage Commission on Tuesday, concluding the agency’s involvement in a yearlong effort to more tightly regulate the products in the state. The rules change...
Posted: Jan 21, 2026
Posted: Jan 21, 2026
Executives on the Move at Cowbell, The MEMIC Group, Philadelphia Insurance Companies Cowbell anno...
Posted: Jan 21, 2026
Insurance Regulators, Trades Get Behind Latest Effort to Abolish FIO The nation's insurance commissioners a...
Posted: Jan 21, 2026
The 2025 hurricane season has marked the beginning of a “new era” of meteorology as official agencies now use artificial intelligence (AI) models to pinpoint storm formation, track and intensity, providing the insurance industry with more comprehe...
Posted: Jan 21, 2026
A massive winter storm will sweep across a huge swath of the US starting Friday, freezing Texas before roaring up the East Coast, where New York City and Boston are seeing a strong chance of heavy snow by Sunday. Air …
Posted: Jan 21, 2026
Global professional services firm Aon plc, has announced the appointment of Neelay Patel as Chief Executive Officer of Malaysia, taking effect in March 2026, pending completion of regulatory approvals. Patel brings more than 20 years of experience...
Posted: Jan 21, 2026
Trucordia, ranking in the top 20 largest U.S. insurance brokerages, has again expanded its reach, this time with the acquisition of Florida Insurance Inc. in Dunedin, near Tampa. Trucordia, based in Lindon, Utah, offers commercial and personal lines...
Posted: Jan 21, 2026
Research published by Dun & Bradstreet, a provider of business decisioning data and analytics, suggests the UK insurance sector is approaching 2026 with a strong focus on technological advancement alongside tighter management of operational ri...
Posted: Jan 21, 2026
Insurtech Lemonade said it has launched Lemonade Autonomous Car insurance, and will begin with a technical collaboration with Tesla that gives the insurer access to vehicle data. For starters, Lemonade said the new offering cuts per-mile rates for Te...
Posted: Jan 21, 2026
Tokyo Electric Power Co. (TEPCO) Wednesday restarted a reactor at the Kashiwazaki-Kariwa nuclear power plant after inspections were completed, its first such move since the Fukushima disaster in 2011. TEPCO put online the 1.36 gigawatt (GW) reactor N...
Posted: Jan 21, 2026
Travelers has unveiled its renewed catastrophe excess-of-loss (XoL) reinsurance program for 2026, featuring a significant reduction in retention and the addition of a new lower layer. The 2026 program attaches at a $3 billion retention level, whic...
Posted: Jan 21, 2026
In a victory for thousands of women suing Johnson & Johnson over claims that the company’s baby powder and other talc products caused their ovarian cancer, a court-appointed special master recommended on Tuesday that they be allowed to pres...
Posted: Jan 21, 2026
US primary insurer The Travelers Companies, Inc. produced a stronger combined ratio for both the fourth quarter and full year 2025, as net income strengthened for both periods, while the firm reports record full year operating cash flows of $10.6...
Posted: Jan 21, 2026
AIG’s Talbot Underwriting has announced a series of strategic leadership appointments and promotions, a move that reflects its continued investment in talent and the strengthening of the firm’s underwriting capabilities. Mark Ladbrook has be...
Posted: Jan 21, 2026
The European Union is ready to strike back at Donald Trump over his tariff threats as he seeks to take Greenland, European Commission President Ursula von der Leyen said, toughening her rhetoric against the US president. “We are at a …
Posted: Jan 21, 2026
SiriusPoint, a specialty insurer and reinsurer, has become a member of FASE (Fédération des Agences de Souscription Européennes), the pan-European federation for managing general agents. Founded in 2025, FASE unites MGAs across Europe with insurer...
Posted: Jan 21, 2026
Only three in 10 chief executives are confident in their companies’ revenue growth prospects over the next year, the lowest level in five years, according to a global survey by professional services group PwC released on Monday. The annual surv...
Posted: Jan 21, 2026
Investment firm TowerBrook is acquiring a majority stake in MSA Mizar, an insurance claims management services provider, marking its first deal in Italy since it opened an office in Milan last year. MSA Mizar’s existing investor Columna Capital...
Posted: Jan 21, 2026
Moody’s has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insuranc...
Posted: Jan 21, 2026
The Lloyd’s Market Association (LMA) has announced the appointments of Nick Moore, Chief Executive Officer of Argenta, and Vinay Mistry, Chief Commercial Operations Officer of Apollo, to its Board. The LMA is governed by a Board that sets the over...
Posted: Jan 21, 2026
AXA Digital Commercial Platform (AXA DCP), an AI-powered risk management system, has struck a deal with ICEYE, the manufacturer and operator of the world’s largest synthetic aperture radar (SAR) microsatellite constellation, enabling it to track f...
Posted: Jan 21, 2026
Mario Greco, Chief Executive Officer (CEO) of global insurer Zurich, has told the Financial Times (FT) that the company is preparing to launch a syndicate at the specialist Lloyd’s insurance and reinsurance marketplace, as the carrier awaits...
Posted: Jan 21, 2026
Global reinsurance broker Howden Re has appointed Karen Nordblom as the Chief Operating Officer (COO) for Europe at Howden Re International, based in Stockholm. In her new role, Nordblom will lead the operational direction of the broker’s Eu...
Posted: Jan 21, 2026
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has appointed Darren Glover as Senior Development Underwriter for Northern Ireland. Glover joins Pen’s Commercial Risk Managed team, which serves brokers and clients acr...
Posted: Jan 21, 2026
Most recently Caroline was Chief Underwriting Officer at Zurich UK and will join AXA UK Commercial on 1 July.
Posted: Jan 21, 2026
Whether it’s from general inflation, social inflation, or any other cause, insurance carriers can’t deny the truth that prices are going up everywhere. One way to save costs without cutting corners is to adopt modern compliance management.
Posted: Jan 21, 2026
New York Life previously announced plans to pay an estimated $2.78 billion in dividends to eligible participating policyowners in 2026.
Posted: Jan 21, 2026
Trading on NYSE Texas is expected to commence on January 15, 2026.
Posted: Jan 21, 2026
The move builds on MGIS’s partnership with Reliance Matrix, which provides financial protection and absence management solutions.
Posted: Jan 21, 2026
This positions MEMIC as the third-largest multi-state workers’ compensation specialist in the US.
Posted: Jan 21, 2026
The companies will provide comprehensive insurance solutions for sports and wellness organizations nationwide.
Posted: Jan 21, 2026
Health Transparency Optimizer is a solution that evaluates healthcare pricing data.
Posted: Jan 21, 2026
The platform is designed to centralize underwriting expertise while leveraging Ardonagh’s existing distribution network and insurer relationships.
Posted: Jan 21, 2026
Gallagher Re, the reinsurance broking and advisory firm, released its full-year Natural Catastrophe and Climate Report for 2025, reporting that global natural catastrophe losses during 2025 were largely manageable for the re/insurance sector, with...
Posted: Jan 21, 2026
Aon Central and Eastern Europe (Aon CEE) has announced three senior leadership appointments for Aon Commercial Risk CZ, including Hana Pavelkova as Chief Executive Officer and a member of the Aon CEE board. In addition, Zuzana Petrelli has been ap...
Posted: Jan 21, 2026
Federally funded infrastructure projects continue to drive premium growth in the US surety market, with underwriting profits for the line exceeding $2 billion for a third consecutive year in 2024, according to a recent report by AM Best. The ratin...
Posted: Jan 21, 2026
Global reinsurance broker Gallagher Re has announced the appointment of Audrey Cimignani as Reinsurance Broker / Contract and Regulatory Specialist for the France–Belux region. Cimignani brings more than a decade of experience in insurance law and...
Posted: Jan 21, 2026
Posted: Jan 21, 2026