All Posts
Mosaic Insurance will increase its cyber-risk capacity to US$25 million/C$40 million per risk in Canada, effective January 1, 2026, allowing the specialty insurer to meet rising demand across all provinces and territories. The increase more than doub...
Posted: Dec 23, 2025
Regular inspections of hotels and other accommodations required by the state of Hawaii are being inconsistently carried out by most county fire departments. Three people died in two structure fires in Hilo on Hawaii island in October and November in...
Posted: Dec 23, 2025
Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. In a letter sent &#...
Posted: Dec 23, 2025
Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. In a letter sent &#...
Posted: Dec 23, 2025
AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Jet Insurance Company, following the close of the acquisition of Je...
Posted: Dec 23, 2025
Everest Group, a Bermuda-based insurer and reinsurer, has announced two senior leadership appointments within its Global Wholesale & Specialty (GWS) Insurance division. Paul Trueman has been named Head of International, Global Wholesale &...
Posted: Dec 23, 2025
It’s an age-old question that continues to come up for workers’ compensation insurers around the country: When is an injury an aggravation of an existing condition, and when is it compensable, perhaps requiring expensive surgery and more?...
Posted: Dec 23, 2025
Continuous Underwriting Changes Everything sradomski Tue, 12/23/2025 - 11:50 ...
Posted: Dec 23, 2025
Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, has entered a strategic collaboration with Cytora to enhance its underwriting workflow efficiency with art...
Posted: Dec 23, 2025
Regulators in two Southeastern states will hold hearings early next year, one on a proposed steep dwelling insurance rate increase in North Carolina, and another on new capital requirements for insurers in Alabama. The Alabama Department of Insurance...
Posted: Dec 23, 2025
CRC Group, an independent wholesale specialty insurance distributor, announced additions to its expanding CRC Specialty division. Matthew Duff has joined in Little Rock as an underwriting team leader, bringing over a decade of experience in homeowner...
Posted: Dec 23, 2025
Specialist insurer and reinsurer Inigo Limited has returned to the catastrophe bond market for the fifth consecutive year, issuing its largest series of cat bonds totalling $255 million via Montoya Re Ltd., featuring multiple tranches and introduc...
Posted: Dec 23, 2025
Despite criticism that they were acting too fast, state utility regulators last week approved DTE Energy’s proposal to supply power for Michigan’s first hyperscale data center — while tacking on a host of conditions that aim to protect ra...
Posted: Dec 23, 2025
AM Best, a credit rating agency specialising in the insurance industry, has released new findings on the rapid expansion of affiliated investments across US life/annuity (L/A) companies. Affiliated investment growth among US L/A insurers has accel...
Posted: Dec 23, 2025
Global specialty insurer and reinsurer SiriusPoint’s wholly owned subsidiary, International Medical Group (IMG), a leader in global insurance benefits and assistance services, is set to acquire Assist America. According to SiriusPoint, the acquisi...
Posted: Dec 23, 2025
In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...
Posted: Dec 23, 2025
In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...
Posted: Dec 23, 2025
Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status Alternati...
Posted: Dec 23, 2025
Tesla Door Safety Issues Have Owners Buying Car Escape Tools Erin Geter's toddler son became...
Posted: Dec 23, 2025
Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after the Chinese short video platform was hit by a cyberattack on Monday night. The stock is set for its biggest …
Posted: Dec 23, 2025
CRC Group, a wholesale specialty insurance distributor in North America, has expanded its Specialty division with the addition of four new professionals. Matthew Duff has joined CRC Specialty in Little Rock as an Underwriting Team Leader. He bring...
Posted: Dec 23, 2025
With geopolitical uncertainty and testing market conditions creating a challenging environment for insurers in 2025, International Underwriting Association (IUA) chief executive Chris Jones said it is vital for members to come together to share ex...
Posted: Dec 23, 2025
Amiga Specialty, an independent international Managing General Agent (MGA), has secured new Lloyd’s capacity to support its Management Liability proposition for SME and mid-market businesses across the UK, Europe, and select rest-of-world markets....
Posted: Dec 23, 2025
A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a form of cancer. Juror...
Posted: Dec 23, 2025
Standard Life has completed a £525 million full buy-in for the Trustee of the Skanska Pension Fund (the Fund), in partnership with its corporate sponsor Skanska UK plc and parent company Skanska AB, covering all c.5,500 members. The transaction in...
Posted: Dec 23, 2025
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed l...
Posted: Dec 23, 2025
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors inclu...
Posted: Dec 23, 2025
Prism, the recently launched managing general agent (MGA) backed by Convex and Efinity Insurance Solutions, has appointed Luca Ronsisvalle as Head of Marine Cargo, and Jan von Kamp as Head of Energy, Power and Renewables. Both will report directly...
Posted: Dec 23, 2025
A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident...
Posted: Dec 23, 2025
In a recent Reinsurance News interview, Jonathan Jackson, CEO of Previsico, the flood forecasting company, discussed the challenges and opportunities facing the flood insurance sector in 2026. Flood‑related insurance losses have continued to escal...
Posted: Dec 23, 2025
Posted: Dec 23, 2025
Bermuda-based InEvo Re, a specialist life reinsurer backed by Macquarie Asset Management, has announced the successful completion of its third reinsurance transaction since its launch earlier this year. The latest deal, finalised with a UK-based l...
Posted: Dec 23, 2025
Robert Maloney has joined Emerald Bay Risk Solutions, a specialty insurance firm, as Senior Vice President, Head of Ceded Re. Created as a “Collaborative Underwriting Carrier,” Emerald Bay Risk Solutions was launched in 2024 by co-foun...
Posted: Dec 23, 2025
Underwriter, Actuary Fears of AI Drop; Work Needed on Collabora...
Posted: Dec 23, 2025
Skyward Specialty, a property and casualty insurer, has partnered with AI underwriting company Sixfold to accelerate the company’s progress toward fully AI-powered underwriting across its US-based P&C lines. This collaboration reinforces Skywa...
Posted: Dec 23, 2025
Posted: Dec 23, 2025
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company t...
Posted: Dec 23, 2025
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedul...
Posted: Dec 23, 2025
Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program of...
Posted: Dec 23, 2025
A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court re...
Posted: Dec 23, 2025