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New Hampshire Wedding V enue Floor Collapse Leaves 6 Injured

Carrier Management

New Hampshire Wedding V enue Floor Collapse Leaves 6 Injured Six people were taken to area hospitals...

Posted: Mar 24, 2026

Headlight Glare a Real Pain for 6 in 10 Drivers: Survey

Carrier Management

Headlight Glare a Real Pain for 6 in 10 Drivers: Survey A new survey finds that worsening headlight gl...

Posted: Mar 24, 2026

Shepherd secures $42m Series B as construction insurance demand grows

Reinsurance News

Shepherd, an insurance technology platform for commercial industries, has successfully closed a $42 million Series B funding round, led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures, and additional investors....

Posted: Mar 24, 2026

Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn

Insurance Journal

Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief executive officer, effective April 20, 2026, subject to regulatory approval. Kuk is succeeding Franz-Josef Hahn...

Posted: Mar 24, 2026

Groups Push for Federal Court Rule to Disclose Litigation Funding

Insurance Journal

The Lawyers for Civil Justice and the U.S. Chamber of Commerce Institute for Legal Reform are seeking a federal rule to require the disclosure of third-party litigation funding. Currently, the matter is handled in federal courts with mixed results. A...

Posted: Mar 24, 2026

Secondary reinsurance market key to improved capital efficiency: Howden

Reinsurance News

A new report from Howden has articulated a framework for introducing structured secondary trading for reinsurance, noting that such a development would allow carriers to more efficiently allocate risk and, in turn, improve overall capital utilisat...

Posted: Mar 24, 2026

Gulf Energy Industry Will Take Years to Recover From Iran War

Insurance Journal

It took just days for the Iran war to hobble oil fields, refineries and gas plants across the Persian Gulf, but it could take years to restore their full potential as the conflict drags on. More than three weeks of …

Posted: Mar 24, 2026

APRA warns climate pressures could widen Australia’s home insurance protection gap

Reinsurance News

The Australian Prudential Regulation Authority (APRA) has released its Insurance Climate Vulnerability Assessment (Insurance CVA), a prudential stress test showing how climate-driven pressures on insurance premiums could significantly widen the ho...

Posted: Mar 24, 2026

What Insurers Will Learn About Trust... the Hard Way

Insurance Thought Leadership

What Insurers Will Learn About Trust... the Hard Way Customer Experience

Posted: Mar 24, 2026

Vortex Weather Launches Parametric Hail Product

Insurance Journal

Vortex Weather Insurance announced the formal launch of direct sales for its HailSafe parametric hail insurance product. Previously available only through third-party vendors, HailSafe can now be purchased directly from Vortex by brokers and weather‑...

Posted: Mar 24, 2026

JBA Risk Management launches updated Global Flood Model

Reinsurance News

JBA Risk Management, a UK-based flood science specialist, has extensively updated its Global Flood Model, enhancing it with updated hazard maps, an extended range of future climate event sets, while improving processing speed and exposure disaggre...

Posted: Mar 24, 2026

Texas to Ban Smokeable Hemp on March 31

Insurance Journal

New state rules that eliminate natural smokeable hemp products and increase licensing fees will go into effect at the end of the month. Hemp industry leaders say these new regulations will eliminate a majority of their inventory and force those &#823...

Posted: Mar 24, 2026

People Moves: Maryland Appoints Two Associate Insurance Commissioners

Insurance Journal

Maryland Insurance Commissioner Marie Grant appointed Megan Mason as associate commissioner of life and health and Giri Govada as associate commissioner of operations and technology. Mason will oversee the agency’s life and health division, whi...

Posted: Mar 24, 2026

SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project

Insurance Journal

SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus. “We are going to do the largest construction project in the...

Posted: Mar 24, 2026

Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater

Insurance Journal

Valero Energy Corp. responded to a fire in a unit at its Port Arthur refinery in Texas on Monday, adding pressure to a US fuels market that’s already seen prices skyrocket due to the Middle East war. A fire broke …

Posted: Mar 24, 2026

California Sues Department of Energy Over Sable Oil Pipeline Restart

Insurance Journal

California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to …

Posted: Mar 24, 2026

Westfield Specialty promotes Katie MacGregor to COO

Reinsurance News

Westfield Specialty International, a specialty insurance provider, has announced the promotion of Katie MacGregor to Chief Operating Officer (COO). In her role, MacGregor will lead operational functions across the international business — covering...

Posted: Mar 24, 2026

High-Grade Borrowers Jump Back Into Bond Market After Halt

Insurance Journal

The US investment-grade bond market reopened Monday following a three-session pause in activity, as concerns over the Iran conflict ease. Six firms raised a combined $7 billion from high-grade debt offerings, after President Donald Trump said he woul...

Posted: Mar 24, 2026

Oakbridge Names New President and CEO as Smith Moves to Chairman Role

Insurance Journal

Georgia-headquartered Oakbridge Insurance, one the largest privately owned brokerages, announced that longtime president and CEO Robbie Smith will be executive chairman, starting July 1. Matt James, the current chief financial officer and chief acqui...

Posted: Mar 24, 2026

EPA Promises Ruling on New Hampshire Repeal of Vehicle Inspections by Summer

Insurance Journal

U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin has promised New Hampshire officials that his agency will expedite its review of the state’s request for a Clean Air Act waiver that will allow it to repeal its vehicle inspect...

Posted: Mar 24, 2026

Mosaic Insurance reorganises underwriting hubs to support global growth

Reinsurance News

Mosaic Insurance, a specialty insurer, has announced a reorganisation of two of its core underwriting hubs as part of efforts to better align international resources and support its next phase of growth. As part of the restructuring, Benn Wilson,...

Posted: Mar 24, 2026

Natural Catastrophe Insured Losses Hit $107 Billion in 2025 as Wildfire and Storm Risks Accelerate

Risk & Insurance

Secondary perils accounted for a record 92% of global insured natural catastrophe losses in 2025, and trend-line projections point to $148 billion in 2026, according to Swiss Re Institute. The post

Posted: Mar 24, 2026

Fire Destroys Historic Courthouse in Georgia

Insurance Journal

A fire that broke out Monday almost completely destroyed the 134-year-old Floyd County Courthouse in Rome, Georgia, leaving officials looking for new office space for some government functions, local news sites reported. The courthouse, built in 1892...

Posted: Mar 24, 2026

Amiga Specialty partners with AXA XL to bolster Financial Institutions offering

Reinsurance News

Amiga Specialty, a specialist managing general agent (MGA), has secured a significant capacity agreement with AXA XL, which will bolster its Financial Institutions (FI) proposition and accelerate its growth across international markets. The deal f...

Posted: Mar 24, 2026

Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover

Carrier Management

Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liabi...

Posted: Mar 24, 2026

‘Perfect time’ for climate-tech focus, says Dickson as OAK Global unveils new unit

Reinsurance News

OAK Global is targeting the increasingly interconnected risks of climate and technology with the launch of OAK Horizon, a new underwriting unit designed to channel capital into emerging exposures, as CUO Tom Dickson points to a narrowing window to...

Posted: Mar 24, 2026

FCC Bans Wireless Router Imports, Citing Security Concerns

Insurance Journal

The Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers after an interagency panel determined they threaten national security. While the FCC said companies could apply for exemptio...

Posted: Mar 24, 2026

HDI Global’s revenue increases to €10.3bn in 2025

Reinsurance News

Corporate & Specialty insurer HDI Global, part of the Talanx Group, has reported positive financial results for 2025, with insurance revenue increasing 5%, to €10.3 billion, after adjustment for currency effects. According to the insurer, the...

Posted: Mar 24, 2026

Gallagher Re report warns traditional insurance is failing to cover AI-related liabilities

Reinsurance News

Gallagher Re, the global reinsurance broker, has released a new white paper in partnership with Massachusetts Institute of Technology and Testudo stating that existing insurance frameworks are not equipped to deal with risks arising from artificia...

Posted: Mar 24, 2026

Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case

Insurance Journal

The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s High Court that he was liable to Hewlett Packard Enterprise over its acquisition of his firm Autonomy. The U.S. technology &#8230...

Posted: Mar 24, 2026

German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars

Insurance Journal

Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe uph...

Posted: Mar 24, 2026

Alacrity Solutions establishes UK presence to support Lloyd’s-placed US risks

Reinsurance News

Alacrity Solutions, a US-based insurance services firm specialising in complex and catastrophe-driven claims, has launched a UK presence from within the Lloyd’s of London building to support insurers and coverholders placing US risks through the L...

Posted: Mar 24, 2026

AM Best maintains stable outlook on UK non-life insurance segment

Reinsurance News

AM Best has maintained its stable outlook on the UK non-life insurance segment, noting that headwinds and tailwinds affecting the segment’s operating environment remain broadly balanced despite elevated geopolitical risks. The ratings agency...

Posted: Mar 24, 2026

Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem

Insurance Journal

South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped...

Posted: Mar 24, 2026

Ariel Re rolls out promotions across its Bermuda and London offices

Reinsurance News

Global reinsurance business Ariel Re has announced several promotions across its Bermuda and London offices, reinforcing its “academy firm” approach as it continues to position itself as a place where re/insurance professionals can learn, grow, an...

Posted: Mar 24, 2026

Iran Sends Waves of Missiles Into Israel, Calls Trump’s Talk of Negotiations ‘Fake News’

Insurance Journal

Iran launched multiple waves of missiles at Israel on Tuesday, the Israeli military said, after U.S. President Donald Trump postponed the bombing of the Islamic Republic’s power plants and other energy infrastructure because of what he describe...

Posted: Mar 24, 2026

Brit launches cargo consortium with capacity of up to $80m

Reinsurance News

Specialty insurer Brit Group Holdings Limited has launched ‘BRIDGE’, a new cargo consortium offering line capacity of up to $80 million. According to Brit, the consortium is set to be one of the largest in the cargo market. The insurer explains th...

Posted: Mar 24, 2026

Turning Claims Documents into Decisions

Insurance Journal

Wisedocs Launches Decision Intelligence Platform Built for the Claims Lifecycle — Helping Carriers, TPAs, and Legal Teams Close Files Faster and Reserve with Confidence. Miami, FL — Claims teams face a compounding problem: nuclear verdicts, social in...

Posted: Mar 24, 2026