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Europe’s Space Agency Says Cyber Incident May Have Hit Servers

Insurance Journal

The European Space Agency said a cybersecurity issue may have impacted a “very small number” of external servers. In a post on the social media platform X on Tuesday, ESA said it was conducting a forensic analysis and had implemented &#82...

Posted: Jan 02, 2026

2026 renewal sees sharpest decline in risk-adjusted global property rates since 2014: Howden

Reinsurance News

Howden’s January 1 2026 reinsurance renewal report has revealed that risk-adjusted global property-catastrophe reinsurance rates-on-line decreased by an average of 14.7%, accelerating from an 8% fall in 2025 and marking the largest year-on-y...

Posted: Jan 02, 2026

Property cat rates down 10-20% at 1.1 with buyers focused on “down pricing”, says Gallagher Re

Reinsurance News

Risk-adjusted property catastrophe pricing reduced by 10% to 20% on average at the January 1st, 2026, reinsurance renewals, with many buyers focused on “down pricing” rather than “up risking”, according to reinsurance broke...

Posted: Jan 02, 2026

Porsche to Recall Over 173,000 Vehicles for Rearview Camera Issue

Insurance Journal

Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday. This is one of the largest single …

Posted: Jan 02, 2026

XS Global appoints Phillip Brain as Regional A&H Underwriting Manager

Reinsurance News

XS Global, an independently owned managing general underwriting (MGU) platform, has announced the appointment of Phillip Brain as Regional Accident & Health (A&H) Underwriting Manager. Brain brings more than two decades of global experienc...

Posted: Jan 02, 2026

Whose Dog Is That? Delaware Courts Wade Into Pet Custody Fights

Insurance Journal

The country’s premier corporate law court, which routinely confronts the obduracy of controlling billionaires, is finding pet owners no less intractable in their deal-making. A conflict over ownership of the goldendoodle Tucker pushed Delaware&...

Posted: Jan 02, 2026

Labor Board Abandons One of Its Cases Against Musk’s SpaceX

Insurance Journal

The US labor board is abandoning a complaint over SpaceX’s severance and arbitration policies, resolving one front of a sprawling legal battle between the agency and Elon Musk’s aerospace company. In a Dec. 18 joint motion, attorneys for...

Posted: Jan 02, 2026

US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware

Insurance Journal

The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans. The Departm...

Posted: Jan 02, 2026

People Moves: Alliant Hires Johnson as EVP in M&A Specialty

Insurance Journal

Alliant Insurance Services hired Adam Johnson as executive vice president within Alliant Specialty. Based in the San Francisco Bay Area, Johnson has experience in insuring venture capital and private equity funds, along with their portfolio companies...

Posted: Jan 02, 2026

AM Best maintains stable outlook on NZ’s non-life insurance sector

Reinsurance News

Credit ratings agency AM Best is maintaining a stable outlook on New Zealand’s non-life insurance sector, citing stronger economic conditions, rising insurance demand, enhanced reinsurance capacity, and ongoing regulatory improvements. These facto...

Posted: Jan 02, 2026

How Maine Is Spending Its Share of Opioid Settlement Money

Insurance Journal

Over the past five years, the attorney general’s office, with Aaron Frey at the helm, has secured for Maine more than $260 million in settlements with major pharmaceutical companies accused of “supercharging” the opioid epidemic. It...

Posted: Jan 02, 2026

Thousands of Maui Vacation Rentals in Limbo After Council Hits Gridlock

Insurance Journal

In arguably its biggest decision of the year, the Maui County Council recently voted to phase out roughly 7,000 vacation rentals over the next five years to make room for sorely needed longterm housing for residents. The 5-3 decision on …

Posted: Jan 02, 2026

Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports

Carrier Management

Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports The Trump adminis...

Posted: Dec 31, 2025

Arctic Blast Brings Snow and Wind to the Great Lakes and Northeast

Carrier Management

Arctic Blast Brings Snow and Wind to the Great Lakes and Northeast A surge of Arctic air brou...

Posted: Dec 31, 2025

Alliant appoints Bryan Feitel to Employee Benefits business development role

coverager

Alliant has appointed Bryan Feitel as Vice President in its Employee Benefits Group.

Posted: Dec 31, 2025

Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’

Carrier Management

Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ In a Christmas court filing...

Posted: Dec 31, 2025

Meta’s ‘Playbook’ to Reduce Pressure to Crack Down on Scammers, Protects $7B in Yearly Revenue

Carrier Management

Meta’s ‘Playbook’ to Reduce Pressure to Crack Down on Scammers, Protects $7B...

Posted: Dec 31, 2025

13,000 Volts. One Steady Hand.

Risk & Insurance

Broadspire supported an injured worker’s recovery after a high‑voltage accident, exemplifying compassionate care, family support, and the Broadspire difference. The post 13...

Posted: Dec 31, 2025

Willis Re expects further easing of conditions, greater competition & continued new supply in 2026

Reinsurance News

Willis Re, a specialised reinsurance broker, forecasts that in 2026 there will be continued new supply, alongside easing of conditions and greater competition between reinsurers for cessions. The broker notes that almost all segments showed a soft...

Posted: Dec 31, 2025

Meta’s ‘Playbook’ to Reduce Pressure to Crack Down on Scammers, Protecting $7B in Yearly Revenue

Carrier Management

Meta’s ‘Playbook’ to Reduce Pressure to Crack Down on Scammers, Protecting $7...

Posted: Dec 31, 2025

Final Sentencing in Large Scale Crop Fraud Case That Cost Insurers Nearly $35M

Carrier Management

Final Sentencing in Large Scale Crop Fraud Case That Cost Insurers Nearly $35M A large-scale insurance fraud inves...

Posted: Dec 31, 2025

China’s PICC P&C enters into reinsurance agreements with PICC Re & PICC HK

Reinsurance News

Chinese domestic insurer PICC Property and Casualty Company Limited (PICC P&C) has entered into reinsurance agreements with PICC Reinsurance and PICC HK, its sister entities under the ultimate parent PICC Group. PICC P&C entered into separ...

Posted: Dec 31, 2025

Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites

Insurance Journal

Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for &...

Posted: Dec 31, 2025

Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations

Insurance Journal

Texas Attorney General Ken Paxton secured a $1.25 million settlement with Hyatt Corporation for violating Texas consumer protection laws by marketing hotel rooms at prices that were not available to the public as advertised. Paxton’s lawsuit ag...

Posted: Dec 31, 2025

Michigan AG Provides Tips to Avoid Storm-Related Scams

Insurance Journal

Michigan Attorney General Dana Nessel sent a reminder to residents to watch out for post-storm scams after a winter storm brought frigid air and more than two feet of snow to much of the state. To avoid falling victim to …

Posted: Dec 31, 2025

Ohio Wendy’s Sued for Disability and Age Discrimination

Insurance Journal

Wendy’s International, LLC violated federal law when it discriminated against a district manager because of disability and age, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the lawsuit, We...

Posted: Dec 31, 2025

AXIS Capital appoints Mirzaian as Underwriting & Product Lead US Media

Reinsurance News

Specialty insurer and reinsurer AXIS Capital has announced the appointment of Anita Mirzaian as Underwriting & Product Lead US Media. In this role Mirzaian will be tasked with accelerating the expansion of the company’s Media portfolio in the...

Posted: Dec 31, 2025

How Bomb Cyclones Form and Create Dangerous Conditions

Carrier Management

How Bomb Cyclones Form and Create Dangerous Conditions When turbulent weather with whipping winds and h...

Posted: Dec 31, 2025

Last of 7 Kentucky Crop Insurance Fraudsters Sentenced to Prison Time

Insurance Journal

A wide net cast by the U.S. Department of Agriculture and the FBI has landed its final catch—prison time for the last of six Kentucky farmers and a warehouse manager found guilty of a long-running tobacco crop-insurance fraud scheme. Larry …

Posted: Dec 31, 2025

Target, Walmart, Whole Foods Targeted in Botulism Suits

Insurance Journal

Target Corp., Whole Foods Market and Walmart Inc. will be added as defendants in lawsuits against baby formula maker ByHeart for selling a product potentially contaminated with spores that cause infant botulism. Bill Marler, a prominent foodborne-ill...

Posted: Dec 31, 2025

Brown University Faces US Probe Over Security After Deadly Shooting

Insurance Journal

Brown University placed its campus police chief on administrative leave and the Trump administration announced an investigation into the school’s security measures after a shooting rampage this month that killed two students and injured nine ot...

Posted: Dec 31, 2025

US P&C set for strong 2026 despite shifting landscape: Fitch

Reinsurance News

US property and casualty (P&C) insurance is set to maintain strong underwriting profitability through 2026, despite a shifting landscape, marked by social inflation, slow economic growth, and heightening competition, according to a new report...

Posted: Dec 31, 2025

Fergus Re names Sharmini Samuels as Chief Underwriting Officer

Reinsurance News

Bermuda-based collateralised reinsurer Fergus Re has appointed Sharmini Samuels as its new Chief Underwriting Officer (CUO), effective January 1st, 2026. This appointment follows that of Stewart Ritchie as Chief Executive Officer in October 2025,...

Posted: Dec 31, 2025

Tech Update: Zurich Launches AI-Powered Tool to Boost Multinational Contract Certainty

Insurance Journal

Zurich Insurance Group has launched Zurich Program IQ to help multinational businesses operate with confidence in an increasingly complex risk environment. This new AI-powered tool has been designed to further enhance contract certainty of multinatio...

Posted: Dec 31, 2025

Non-proportional cyber pricing falls up to 25% as XoL and hard retro gain ground at 1.1: Guy Carpent...

Reinsurance News

Guy Carpenter, a global reinsurance intermediary, has released its January 1, 2026 Reinsurance Renewal Report, outlining a cyber renewal season defined by disciplined execution, competitive pricing conditions and continued structural innovation, p...

Posted: Dec 31, 2025

Mexico Train Derailment Piles Pressure on Sheinbaum Over Safety of Megaprojects

Insurance Journal

Mexico’s President Claudia Sheinbaum deferred questions on Tuesday about the record of a passenger train that derailed over the weekend, killing 13 people and injuring 98 others, the latest in a series of accidents that have put pressure on her...

Posted: Dec 31, 2025

Apollo announces leadership transition for Construction business

Reinsurance News

Apollo, the specialist Lloyd’s re/insurance group, has announced leadership changes for the Construction line of business as Tim Cook prepares to retire from his role as Head of Construction on 31 December 2025. As part of a planned succession, Ma...

Posted: Dec 31, 2025

Some Good Climate News to End the Year

Insurance Journal

Planet-warming greenhouse gas emissions kept rising in 2025 and country pledges to cut them are nowhere near where they need to be to avoid catastrophic climate change, but there were silver linings too. The world is decarbonizing faster than was &#8...

Posted: Dec 31, 2025

Erin Rotz named President of Berkley Fire & Marine

Reinsurance News

W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has appointed Erin Rotz as President of Berkley Fire & Marine, effective immediately. Rotz has over two decades of inland marine and construction underwrit...

Posted: Dec 31, 2025

2025 Was One of Three Hottest Years on Record: Researchers

Insurance Journal

Climate change worsened by human behavior made 2025 one of the three hottest years on record, scientists said. It was also the first time that the three-year temperature average broke through the threshold set in the 2015 Paris Agreement of …

Posted: Dec 31, 2025