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People Moves: Palomba Joins Howden US as Deputy Head of Natural Resources

Insurance Journal

Howden US appointed Christine Palomba as deputy head, natural resources, Howden US, headquartered in Columbia, South Carolina. Palomba has 29 years of industry experience, most recently at Aon, where her previous role was managing director, U.S. powe...

Posted: Sep 29, 2025

People Moves: Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter; HDI UK & Ireland Names P...

Insurance Journal

This edition of International People Moves details appointments at Specialty MGA and HDI UK & Ireland. A summary of these new hires follows here. Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter Specialty MGA, the London-headqua...

Posted: Sep 29, 2025

Flood-Focused Neptune’s IPO Joins Boom in Niche Insurer Debuts

Insurance Journal

Neptune Insurance Holdings Inc. is hoping its record of growth and profitability selling flood insurance policies will generate the same investor enthusiasm for its US IPO that greeted most debuts by other firms in the sector this year. Like many &#8...

Posted: Sep 29, 2025

Transportation Department Tightens Noncitizen Truck Driver Rules After Florida Crash

Insurance Journal

The U.S. Transportation Department tightened commercial driver’s license requirements for noncitizens Friday after three fatal crashes this year that officials say were caused by immigrant truck drivers. The new rules make getting commercial dr...

Posted: Sep 29, 2025

Transportation Department Tightens Noncitizen Truck Driver Rules

Insurance Journal

The U.S. Transportation Department tightened commercial driver’s license requirements for noncitizens on Sept. 26 after three fatal crashes this year that officials say were caused by immigrant truck drivers. The new rules make getting commerci...

Posted: Sep 29, 2025

Context Over Prompts: The Critical Shift for AI Success in Insurance

Risk & Insurance

Artificial intelligence "magic" isn’t in the phrasing of prompts anymore; it’s in the information the AI has at its disposal. The post

Posted: Sep 29, 2025

The Red Hook Fire Art Loss: A Case Study for Knowing Who Your Insurance Broker Is

Risk & Insurance

The devastating Red Hook warehouse blaze highlights the risks of underinsurance and why broker advocacy is so important. The post

Posted: Sep 29, 2025

Marlon Williams hired as Senior Broker at AHJ Miller Bermuda

Reinsurance News

AHJ Miller, the reinsurance division of Miller and an independent specialist re/insurance broker, has appointed Marlon Williams as Senior Broker in its Bermuda office. Williams brings more than 20 years of industry experience, covering insurance,...

Posted: Sep 29, 2025

Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards

Carrier Management

Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing...

Posted: Sep 29, 2025

Report: Response to Disastrous LA Fires Slowed by Lack of Resources, Outdated Alert Process

Insurance Journal

A lack of resources and outdated policies for sending emergency alerts led to delayed evacuation warnings as flames began consuming neighborhoods during deadly Los Angeles-area wildfires in January, according to an outside review. The Independent Aft...

Posted: Sep 29, 2025

Report: Response to LA Fires Slowed by Lack of Resources, Outdated Alert Process

Insurance Journal

A lack of resources and outdated policies for sending emergency alerts led to delayed evacuation warnings as flames began consuming neighborhoods during deadly Los Angeles-area wildfires in January, according to an outside review. The Independent Aft...

Posted: Sep 29, 2025

Trump Says US to Impose 100% Tariff on Movies Made Outside the Country

Insurance Journal

U.S. President Donald Trump said on Monday he would impose a 100% tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood’s global business model. The step signals Trump’s willingness to extend protectio...

Posted: Sep 29, 2025

Hurricane Humberto Will Allow Storm Imelda to Veer Away From US

Insurance Journal

Hurricane Humberto will likely bulldoze a path for Tropical Storm Imelda to veer away from the coastal US Southeast, sparing the region from a direct strike. Category 4 Humberto’s winds rose to 145 miles (233 kilometers) per hour as of …

Posted: Sep 29, 2025

Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art

Insurance Journal

A New York judge ruled Ron Perelman was not entitled to $400 million from insurers over alleged damage to an Andy Warhol and four other paintings from a 2018 fire at his Hamptons home. Justice Joel M. Cohen’s Friday decision …

Posted: Sep 29, 2025

Harrods Warns Customers of Data Theft in Latest IT Breach

Insurance Journal

Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year. Data including names and contact details for some Harrods c...

Posted: Sep 29, 2025

Athene announces block reinsurance transaction with Japanese insurer Sony Life

Reinsurance News

Athene, a retirement services company and subsidiary of Apollo Global Management, Inc., has announced that it will enter into a block reinsurance transaction with Japanese insurer Sony Life Insurance Co. Ltd. Under the agreement, Athene will reins...

Posted: Sep 29, 2025

French Court Opens New Trial on Air France 447 Air Disaster, After 16 Years

Insurance Journal

A French appeals court will begin a new trial on Monday of Air France and Airbus, 16 years after a jetliner plunged into the Atlantic killing all 228 people on board. A lower French court cleared both companies of corporate …

Posted: Sep 29, 2025

Update: Airbus, Air France Reject Blame Over AF447 Crash, After 16 Years

Insurance Journal

Airbus and Air France pleaded not guilty to manslaughter on Monday at the start of a new two-month trial over France’s worst air disaster, 16 years after a Paris-bound jet crashed into the Atlantic, killing all passengers and crew. A …

Posted: Sep 29, 2025

OpenAI to Bring Parental Controls in ChatGPT After Teen’s Suicide

Insurance Journal

OpenAI is rolling out parental controls for ChatGPT on the web and mobile, following a lawsuit by the parents of a teen who died by suicide after the artificial intelligence startup’s chatbot allegedly coached him on methods of self-harm. The &...

Posted: Sep 29, 2025

New Zealand to Ease Strengthening Rules on Quake-Prone Buildings

Insurance Journal

New Zealand is changing the way it assesses earthquake-prone buildings in an attempt to reduce costs and confusion for owners. The government is implementing clearer definitions to identify buildings that pose a genuine risk to human life in medium a...

Posted: Sep 29, 2025

Climate change could drive reinsurance volume, but softening a more immediate threat: Morningstar

Reinsurance News

While climate change could drive reinsurance volume in the long-term, softening of the market is more important in the medium-term, Morningstar analysts have highlighted in a recent report. The re/insurance industry is facing increasing losses as...

Posted: Sep 29, 2025

Swiss Re appoints Beat Kramer as Group AI Lead

Reinsurance News

Global reinsurer Swiss Re has appointed Beat Kramer as Group AI Lead. In this new role, Kramer will lead the company’s AI journey by combining its Group-wide human expertise with its state-of-the-art data and technology foundation. He has spent th...

Posted: Sep 29, 2025

Aon names Shinji Kuriyama as Enterprise Client Leader, Japan

Reinsurance News

Aon, the global insurance and reinsurance broker, has appointed Shinji Kuriyama as Enterprise Client leader, Asia Pacific, in Japan, effective immediately. In his new role, Kuriyama will lead Aon’s relationships globally with its Japanese clients,...

Posted: Sep 29, 2025

Jaguar Land Rover Seeks £2 Billion Lifeline to Tide Over Cyberattack

Insurance Journal

Tata Motors Ltd.-owned Jaguar Land Rover is raising £2 billion ($2.7 billion) loan from global banks as the luxury carmaker seeks to ease the financial strain of a cyberattack that forced it to halt production, according to people familiar with &#823...

Posted: Sep 29, 2025

Ohio Supreme Court Upholds Additional Compensation for Injured Roofer in Safety Violation Case

Risk & Insurance

Ruling clarifies that employers must provide functional fall protection equipment, not just have it present on job sites. The post

Posted: Sep 29, 2025

Sony Financial Soars in Spinoff Listing in Tokyo Trade Debut

Insurance Journal

Sony Financial Group Inc. surged in its Tokyo debut on Monday after a rare spinoff-listing by Sony Group Corp.,which is sharpening its focus on its entertainment and image sensor businesses. The shares opened at ¥205 and rose as high as …

Posted: Sep 29, 2025

Helios reports H1’25 profit of £4.4m as strong Lloyd’s market performance continues

Reinsurance News

Helios Underwriting has reported a profit before tax of £4.4 million for the first half of 2025, as the Lloyd’s market continues to deliver strong performance and the outlook for 2026 remains positive. The firm said reduced expenses and the impact...

Posted: Sep 29, 2025

Alta Signa adds Cédric Denysiak as Country Manager for France

Reinsurance News

Alta Signa, a European boutique managing general agent (MGA), has appointed Cédric Denysiak as the Country Manager for France to drive specialty growth, effective October 1st, 2025. The appointment aligns with Alta Signa’s sustainable growth ambit...

Posted: Sep 29, 2025

Kennedys welcomes Brazilian law firm RPZ Advogados to its Latin America network

Reinsurance News

Global law firm Kennedys is growing its presence in Latin America with a new association with RPZ Advogados, a recognized Brazilian law firm with a focus in insurance and reinsurance. Led by Michael Hennessy, this new association marks a significa...

Posted: Sep 29, 2025

Marsh McLennan’s Chris Lay to succeed Sean McGovern as LMG Chair

Reinsurance News

Chris Lay, Chief Executive Officer of Marsh McLennan UK, will become the next Chair of the London Market Group (LMG), succeeding Sean McGovern, Chief Executive of AXA XL Lloyd’s and London Market. McLennan will take over his new position on Januar...

Posted: Sep 29, 2025

Genpact’s new AI-powered suite to help automate repetitive tasks for insurers

Reinsurance News

Genpact, an agentic and advanced technology solutions company, has announced the launch of the Genpact Insurance Policy Suite for commercial and specialty business insurance, a new solution created to reinvent insurance buying. Part of Genpact&#82...

Posted: Sep 29, 2025

Judge Rules Feds Can’t Withhold Disaster Relief Until States Cooperate on Immigration

Insurance Journal

A federal judge in Rhode Island ruled on Wednesday that it’s unconstitutional to require states to cooperate on immigration enforcement actions to get funding for disasters, which is overseen by the Federal Emergency Management Agency. A coalit...

Posted: Sep 29, 2025

Boeing to Pay $50,000 Over Suicide of Quality Inspector

Insurance Journal

Boeing Co. agreed to pay at least $50,000 to settle a wrongful death lawsuit brought by the family of John Barnett, a whistleblower who took his own life last year. Barnett, a former Boeing employee, died in March 2024 at …

Posted: Sep 29, 2025

Hanover Must Pay Rock Singer $2M in Case of Memphis Studio Arson, Court Says

Insurance Journal

Recording artist John Falls finally should see more than $2 million from a Hanover American insurance policy in the long-simmering case of an historic Memphis recording studio that was damaged in an arson fire and resulted in the studio owner …

Posted: Sep 29, 2025