All Posts

American Coastal renews AOP catastrophe cover, lifts per-occurrence limit to $95.6m

Reinsurance News

Florida-based American Coastal Insurance Corporation (ACIC) has renewed its all other perils catastrophe excess of loss agreement (AOP CAT agreement) for 2026, providing up to $95.6 million of occurrence limit excess of the $10 million attachment...

Posted: Jan 08, 2026

Price Forbes appoints Dick Heath as Head of Reinsurance & Wholesale, Singapore

Reinsurance News

Global specialty broker Price Forbes has announced the appointment of Dick Heath as Head of Reinsurance and Wholesale, Singapore, effective immediately. In his new role, Heath will be responsible for leading and developing Price Forbes’ reinsuranc...

Posted: Jan 08, 2026

CFC launches extension to its flagship cyber cover for SMEs

Reinsurance News

CFC, an insurance provider with a focus on carbon-related risks, has launched a new extension to its flagship Cyber Proactive Response cover for small and medium enterprises (SMEs). This extension was developed to provide essential protection for...

Posted: Jan 08, 2026

Simon Hunt to serve as HDI’s interim CEO, Ger Twomey named interim CFO

Reinsurance News

HDI Global has appointed Simon Hunt, its current Chief Financial Officer (CFO) for HDI Global UK & Ireland, as interim Chief Executive Officer, while Ger Twomey will serve as interim CFO. The two appointments are effective February 1st, 2026 a...

Posted: Jan 08, 2026

Progressive Approved for Personal Auto Rate Decreases in Louisiana

Insurance Journal

Louisiana Insurance Commissioner Tim Temple has approved Progressive Security Insurance Company’s request for a 6.6% average rate decrease on its over 270,000 private passenger auto insurance policyholders and Progressive Paloverde Insurance Co...

Posted: Jan 08, 2026

PERILS puts Queensland & New South Wales November SCS industry loss at AUD2.663bn

Reinsurance News

The Queensland and New South Wales severe convective storm (SCS) outbreak between 21st and 27th November 2025 is estimated to have caused an insurance industry loss of AUD 2.663 billion, according to PERILS, the Zurich-based catastrophe insurance...

Posted: Jan 08, 2026

Verisk names Tim Rayner as CEO of General Insurance for UK&I and SBS

Reinsurance News

Verisk, a global data analytics and technology provider to the insurance industry, has announced the expansion of Tim Rayner’s responsibilities to include leadership of its underwriting and claims businesses in the United Kingdom and Ireland, as w...

Posted: Jan 08, 2026

Paolo Ghirri promoted to CEO of Munich Re Italia

Reinsurance News

Munich Re has appointed Paolo Ghirri as Chief Executive Officer of Munich Re Italia, effective 1 January 2026. Ghirri, who has been with Munich Re Italia for over 35 years, has built a career marked by continuous growth and positions of increasing...

Posted: Jan 08, 2026

Blenheim Partnerships Launches Specialty Trade-Related MGA

Insurance Journal

Blenheim Partnerships, part of the White Bear Group, today announces the launch of its specialty trade-related managing general agency. The MGA is backed by Blenheim Underwriting alongside other well-known markets, including some Lloyd’s syndic...

Posted: Jan 08, 2026

Brit to begin writing Property D&F in Bermuda

Reinsurance News

Specialist insurer Brit Group Holdings Limited is set to write Property D&F business in Bermuda through Brit Re, its reinsurance arm, led by Tom Ayton, Vice President, Property D&F. From January, Brit Re will write US and Global Property D...

Posted: Jan 08, 2026

Octave Ventures’ Statera Gets Approval to Be Lloyd’s Managing Agent

Insurance Journal

Statera Managing Agency Ltd. announced it has received regulatory approval to act as a Lloyd’s managing agent. Statera will manage Syndicates 4242 and 1416, which currently underwrite specialty risks produced through its strategic relationship...

Posted: Jan 08, 2026

Intruder Causes $28K in Damage at Vice President Vance’s Ohio Home

Insurance Journal

A man who broke windows at Vice President JD Vance’s Ohio home and caused other property damage was detained early Monday, the U.S. Secret Service said. William D. DeFoor, 26, is facing federal charges for allegedly damaging government property...

Posted: Jan 08, 2026

Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings

Reinsurance News

Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the firm’s treaty reinsurance offerings in the US market. To serve in his new r...

Posted: Jan 08, 2026

German Minister Says EU Must Take Legal Steps to Stop Grok’s Sexualized AI Photos

Insurance Journal

The EU Commission must take legal action to stop the “industrialization of sexual harassment” taking place on Elon Musk’s social media platform X, Germany’s media minister, Wolfram Weimer, told Reuters on Tuesday. With his com...

Posted: Jan 08, 2026

Brett Gillmon appointed U.S. Property Practice Leader for Lockton

Reinsurance News

Private insurance broker Lockton has announced the appointment of Brett Gillmon as U.S. Property Practice Leader, an Atlanta-based role. Gillmon will leverage his three decades of industry experience to oversee the strategic direction and continue...

Posted: Jan 08, 2026

Jackson and TPG form long-term strategic partnership, capitalising Hickory Re

Reinsurance News

Jackson Financial Inc., a U.S. retirement services firm, has entered a long-term strategic partnership with TPG Inc., a global alternative asset manager, with TPG’s investment to be used for the initial capitalisation of Jackson’s new Michigan-bas...

Posted: Jan 08, 2026

Australian State Faces Catastrophic Fire Risk From Heat Wave

Insurance Journal

Australia is bracing for catastrophic fire risk in parts of Victoria on Friday as the country swelters through its worst heat wave since the Black Summer bushfires in the summer of 2019 and 2020. Temperatures rose above 45C (113F) in …

Posted: Jan 08, 2026

Tesla Door Design Is Targeted by New US Automotive Safety Bill

Insurance Journal

A US lawmaker is proposing legislation that would require manual door releases in new cars, a move to address growing safety concerns with the type of electrically powered handles popularized by Tesla Inc. The measure from Representative Robin Kelly,...

Posted: Jan 08, 2026

Nestle Infant Formula Recall Widens to Africa, the Americas and Asia

Insurance Journal

Nestle’s recall of some batches of infant nutrition products has widened beyond Europe to Africa, the Americas and Asia, including Brazil, China and South Africa, a tally from the company and national food safety statements show. No illnesses h...

Posted: Jan 08, 2026

German Dentists’ Fund Sues Advisers Over €1.1 Billion Loss

Insurance Journal

A German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has begun legal proceedings against its former auditor, an adviser and its own managers to recover the damages. The fund known …

Posted: Jan 08, 2026

People Moves: Roxborough Named 2026 CHSWC Chair

Insurance Journal

The California Commission on Health and Safety and Workers’ Compensation elected CHSWC Commissioner Nicholas Roxborough as the chair of the commission for 2026. Roxborough is the managing partner of Roxborough, Pomerance, Nye & Adreani, LLP...

Posted: Jan 08, 2026

Carbon names Rebecca Ince as Chief Operating Officer

Reinsurance News

Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Rebecca Ince as its new Chief Operating Officer (COO), effective January 5th, 2026. In her new role, Ince will oversee...

Posted: Jan 08, 2026

Quility Appoints Eric Brickman as Chief Product Officer to Accelerate Growth in Insurtech Solutions

coverager

Quility, an award-winning insurtech company transforming insurance distribution through technology and innovation, announced the appointment of Eric Brickman as Chief Product Officer.

Posted: Jan 08, 2026

4 Injured in Nursing Home Explosion File Negligence Lawsuit

Insurance Journal

Four people hurt when an explosion ripped through a Pennsylvania nursing home two weeks ago sued the facility and a natural gas utility this week, claiming their negligence was to blame. Two workers at Bristol Health & Rehab Center LLC, …

Posted: Jan 08, 2026

Experian integrates commercial credit data into Ascend platform

coverager

The update makes Experian’s full commercial data suite available within Ascend for the first time.

Posted: Jan 08, 2026

Aspire General Automates 44% of Claims Correspondence in 90 Days With Kyber

coverager

By using Kyber Flows and event-driven automation, Aspire moved compliance-driven correspondence out of adjuster workflows and into system-level processes.

Posted: Jan 08, 2026

Allstate CEO sells shares

coverager

The transactions took place on January 2, 2026.

Posted: Jan 08, 2026

Orsted’s NY Wind Project Challenges US Suspension of Lease

Insurance Journal

Orsted A/S filed a legal challenge to the Trump administration’s order to halt construction of its offshore wind project near New York. In a complaint filed Tuesday in federal court in Washington, Orsted’s Sunrise Wind unit is seeking a p...

Posted: Jan 08, 2026

Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million

Insurance Journal

Berkshire Hathaway said Jan. 6 that it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades. Abel, 63, became chief …

Posted: Jan 08, 2026

Insurance 2026: Progress Via Technology, Collaboration

Insurance Thought Leadership

Insurance 2026: Progress Via Technology, Collaboration Personal Lines

Posted: Jan 07, 2026

California Bill Would Double Insurer Penalties for Unfair Claims Practices

Carrier Management

California Bill Would Double Insurer Penalties for Unfair Claims Practices A bi...

Posted: Jan 07, 2026

Majesco Closes Vitech Acquisition, Extending Reach Into Retirement and Benefits

IIR

The deal expands Majesco’s product portfolio and supports continued investment in AI-native insurance platforms.

Posted: Jan 07, 2026

Insurity Names Jatin Atre President

IIR

The appointment formalizes expanded responsibility for product and AI as Insurity deepens investment across core systems.

Posted: Jan 07, 2026

Germania Insurance Places First Cat Bond Through Handshake Re

Insurance Journal

Germania Insurance announced the placement of its first catastrophe bond, issued through Handshake ReLtd., as part of the company’s broader reinsurance and capital management strategy. The transaction became effective Jan. 1, 2026. The catastro...

Posted: Jan 07, 2026

The MEMIC Group Closes Acquisition of The Dakota Group

Insurance Journal

The MEMIC Group announced the successful closing of its acquisition of The Dakota Group, including Risk Administration Services, Inc. and its affiliated service companies. The strategic combination positions MEMIC as the third-largest multi-state wor...

Posted: Jan 07, 2026

California Bill Would Require Insurer Claims Handling Plans, And Double Penalties

Insurance Journal

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The D...

Posted: Jan 07, 2026

California Bill Would Require Insurer Claims Handling Plans, and Double Penalties

Insurance Journal

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The D...

Posted: Jan 07, 2026

Ethos partners with North American

coverager

North American will be a new provider for the Ethos IUL product.

Posted: Jan 07, 2026

Universal authorizes $20 million share repurchase program

coverager

Universal Insurance Holdings approved a $20 million share repurchase program running through January 8, 2028.

Posted: Jan 07, 2026