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New York Financial Services Regulator Harris to Depart

Insurance Journal

New York Governor Kathy Hochul announced that Superintendent Adrienne Harris will be leaving the Department of Financial Services (DFS). Hochul is appointing Kaitlin Asrow as acting superintendent of DFS effective October 18, 2025. “I’d l...

Posted: Sep 30, 2025

UK Space Agency funds Howden to develop advanced biodiversity risk monitoring solution

Reinsurance News

Howden, the global insurance and reinsurance broking group, has secured funding under the UK Space Agency’s ‘Unlocking Space for Business Grant Call 2’ to develop an advanced biodiversity risk monitoring solution powered by satellite data and arti...

Posted: Sep 30, 2025

Howden US names Mark Peterson as Head of its Construction, Infrastructure and Surety practice

Reinsurance News

Howden, the insurance broker, has appointed Mark Peterson as Head of its Construction, Infrastructure and Surety practice in the United States. In this role, Peterson will be responsible for building the practice and developing a comprehensive sol...

Posted: Sep 30, 2025

Cyber premium growth slows, though long-term outlook still promising: Moody’s

Reinsurance News

Increased competition and stagnating demand, especially in the US, are decelerating the pace of premium growth in the global cyber insurance market for the second year in a row, Moody’s said in a new report. Citing Munich Re data, Moody’s sa...

Posted: Sep 30, 2025

Ambac finalises $420m sale of legacy financial guaranty units to Oaktree

Reinsurance News

Ambac Financial Group has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management for $420 million in cash. The cash sale of Ambac...

Posted: Sep 30, 2025

Canada’s WestJet Says Some Passenger Data Exposed in Cybersecurity Breach

Insurance Journal

Canadian carrier WestJet said on Monday the personal information of some passengers was exposed in a cybersecurity breach earlier this year, though no payment data was compromised. The airline said it detected suspicious activity on June 13 and later...

Posted: Sep 30, 2025

Asahi Suspends Some Beverage Shipments After Hit by Cyberattack in Japan

Insurance Journal

Asahi Group Holdings Ltd. suspended some beverage shipments on Monday after a cyberattack hobbled some of the drinks company’s operations in Japan. The maker of Asahi and Peroni beer said the disruption from the system failure is so far limited...

Posted: Sep 30, 2025

The Fidelis Partnership launches new Accident & Health MGA

Reinsurance News

The Fidelis Partnership (TFP) has announced the launch of a new managing general agent (MGA), Corsiam Specialty Limited, which will focus on underwriting a broad portfolio of global Accident & Health (A&H) insurance and reinsurance busines...

Posted: Sep 30, 2025

Cargo Ship Hit by Explosive Device off Yemen’s Coast

Insurance Journal

A cargo ship was hit by an explosive device near Yemen and caught fire, injuring two seafarers. The Netherlands-flagged Minervagracht, a relatively small general cargo ship, is currently on fire in the Gulf of Aden, its manager Spliethoff said in &#8...

Posted: Sep 30, 2025

Talent gap a challenge for the re/insurances industry amid evolving global landscape: Toucan

Reinsurance News

The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu,...

Posted: Sep 30, 2025

Talent gap a challenge for the re/insurance industry amid evolving global landscape: Toucan

Reinsurance News

The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu,...

Posted: Sep 30, 2025

Resolution Life appoints Jeff Davies as CFO

Reinsurance News

Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has announced the appointment of Jeff Davies as Chief Financial Officer (CFO), effective 2nd March 2026. Davies will provide strategic di...

Posted: Sep 30, 2025

Ageas completes acquisition of esure from Bain Capital

Reinsurance News

International insurance group Ageas has completed its acquisition of esure from Bain Capital for a total consideration of £1.295 billion. Initially announced in April 2025, Ageas confirmed that all necessary regulatory approvals have now been obta...

Posted: Sep 30, 2025

Markel appoints Clarice Francis as Operations Manager for War & Terrorism

Reinsurance News

Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Clarice Francis as Operations Manager for War and Terrorism. In this role, Francis will focus on enhancing operational efficiency within the Internatio...

Posted: Sep 30, 2025

SiriusPoint to sell ArmadaCare MGA to Ambac for $250m

Reinsurance News

Global specialty insurer and reinsurer SiriusPoint has agreed to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group for $250 million, while continuing its capacity partnership with Armada unti...

Posted: Sep 30, 2025

Lloyd’s and Ireland’s Department for Finance partner to drive insurtech innovation

Reinsurance News

Lloyd’s, the world’s oldest insurance and reinsurance market for global risk, and Ireland’s Department of Finance, have strategically partnered to foster insurtech innovation, strengthen market resilience, and promote Irish expertise globally. Thi...

Posted: Sep 30, 2025

Economic Uncertainty and Annuities Go Hand and Hand

Insurance Journal

It doesn’t take a financial adviser to tell you that, thus far, the economic environment of 2025 has been marked by a significant level of uncertainty. But what a financial adviser could tell you is that, as a result of …

Posted: Sep 30, 2025

Louisiana FedEx Location Sued for Sexual Harassment

Insurance Journal

Federal Express Corporation (FedEx) violated federal law by subjecting a female administrator at the company’s St. Rose, Louisiana location to sexual harassment and firing her when she refused to continue to work with her harasser, the U.S. Equ...

Posted: Sep 30, 2025

QBE NA names Jayne Cunningham as SVP and Environmental Underwriting Leader

Reinsurance News

QBE North America, a provider of commercial insurance solutions, has announced the appointment of Jayne Cunningham as Senior Vice President and Environmental Underwriting Leader, reporting to Dan Fortin, President of Specialty Insurance. Based in...

Posted: Sep 30, 2025

People Moves: QBE North America Appoints Cunningham Environmental Underwriting Leader; Gramling Join...

Insurance Journal

QBE North America Appoints Cunningham as SVP and Environmental Underwriting Leader QBE North America, headquartered in New York City, appointed Jayne Cunningham as senior vice president and environmental underwriting leader, reporting to Dan Fortin,...

Posted: Sep 30, 2025

Insurance Institute of London appoints BMS’ Dudley as its new President

Reinsurance News

The Insurance Institute of London, the largest of the Chartered Insurance Institute’s local institutes and a centre for learning and networking within the London market, has confirmed the election of Richard Dudley ACII, Chartered Insurer, as Pres...

Posted: Sep 30, 2025

Hackers Hit Hundreds of Cisco Firewalls in US Government

Insurance Journal

Hackers compromised firewall devices within the US government, according to a senior federal official, amid broader warnings of cyberattacks on widely-used devices manufactured by Cisco Systems, Inc. The US Cybersecurity and Infrastructure Security A...

Posted: Sep 30, 2025

House Bill Aims to Combat Forum Shopping in Trucking Industry Lawsuits

Insurance Journal

A new bill introduced in Congress would give federal courts original jurisdiction over state venues in limited civil cases involving interstate commercial trucking accidents. The Forum Accountability and Integrity in Roadway (FAIR) Trucking Act, intr...

Posted: Sep 30, 2025

FAIA Bans Live Animal Displays After PETA Concerns About June Convention

Insurance Journal

Attendees at the Florida Association of Insurance Agents’ June convention in Orlando may have noticed the live giraffe exhibit at the Marriott World Center. The giraffe won’t make it for the 2026 convention. Nor will any other live animal...

Posted: Sep 30, 2025

Public Adjuster, Already in Prison, Sentenced to Another 19 Years Concurrent

Insurance Journal

A public adjuster who pleaded guilty in March to defrauding Brotherhood Mutual Insurance Co. and a Georgia church out of millions of dollars has been sentenced to 19 years in prison. A federal judge in Georgia last week also ordered …

Posted: Sep 30, 2025

FAA Extends Significant Flight Cuts at Newark Through October 2026

Insurance Journal

The Federal Aviation Administration said last Thursday it will extend significant flight cuts at Newark, one of the three main airports serving the New York City area, through late October 2026 as it continues to face an air traffic controller &#8230...

Posted: Sep 30, 2025

Public-private risk-sharing key to closing the CBRN protection gap: GA & IFTRIP

Reinsurance News

Although chemical, biological, radiological, and nuclear (CBRN) risks remain rare, a sizeable protection gap leaves individuals, businesses, and governments exposed to major incidents, according to a joint report by the Geneva Association and the...

Posted: Sep 30, 2025

79-Year-Old Injured in LA Immigration Raid Files $50 Million Claim

Insurance Journal

A 79-year-old man in Southern California filed a claim against the federal government for $50 million in damages, saying federal agents violated his civil rights when they tackled him during a Sept. 9 immigration raid at a car wash business. …

Posted: Sep 30, 2025

Mass. High Court Revives Fired Employee’s Religious Claim Over Vaccine Refusal

Insurance Journal

A surgical technician who was fired in 2021 after refusing to take the COVID-19 vaccine for religious reasons can pursue her claim against her former employer UMass Memorial Health Care, the Massachusetts Supreme Court (SJC) has ruled. The state&#821...

Posted: Sep 30, 2025

PG&E Investing $73B in Capital Spending Through 2030 to Harden System

Insurance Journal

PG&E Corp. plans to invest $73 billion in capital expenditures through 2030 as it moves to harden a system that’s been exposed by extreme weather. Utilities are racing to strengthen grids as artificial intelligence, electric cars and new fa...

Posted: Sep 30, 2025

Landslide Protection? Pennsylvania to Step In Where Insurance Companies Step Out

Insurance Journal

(The Center Square) – Neither naturally occurring landslides nor sinkholes are new phenomena in Pennsylvania. Receiving help when they destroy homes and businesses, however, would be a welcome development for those who live in vulnerable areas....

Posted: Sep 30, 2025

Insurers' Top Priorities in 2025

Insurance Thought Leadership

Insurers' Top Priorities in 2025 PaulCarroll

Posted: Sep 29, 2025

Resolution Life Names Jeff Davies CFO

IIR

The former Legal & General executive will take the role in March 2026, succeeding Jonathan Moss.

Posted: Sep 29, 2025

Mutual of Omaha Expands Digital Modernization on Socotra Platform

IIR

The carrier has broadened its single core-platform strategy to additional lines to improve speed and efficiency.

Posted: Sep 29, 2025

One Inc, Equisoft Partner on Life Insurance Payments

IIR

Equisoft integrates One Inc’s platform to streamline inbound premium collections for carriers.

Posted: Sep 29, 2025

4 Dead After Flooding in Arizona, Including in Historic Mining Town

Insurance Journal

Four people died after heavy rain caused flooding in Arizona, including three in a rural 19th-century mining town where floodwaters on Friday forced people to seek safety on rooftops and washed out a propane distributorship, scattering about 1,000 ta...

Posted: Sep 29, 2025