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NFP Promotes Tom Gillingham and John Mahoney

Risk & Insurance

The latest people news in the industry today. The post NFP Promotes Tom Gillingham and John Mahoney appeared first on

Posted: Dec 05, 2025

Carmen McKeon Joins Brown & Riding’s Underwriting & Select Accounts Division

Risk & Insurance

The latest people news in the industry today. The post Carmen McKeon Joins Brown & Riding’s Underwriting & Selec...

Posted: Dec 05, 2025

Josie Martinez Named Boston Market Leader at IMA Financial Group

Risk & Insurance

The latest people news in the industry today. The post Josie Martinez Named Boston Market Leader at IMA Financial Group appeared fi...

Posted: Dec 05, 2025

U.S. Probes Reports Waymo Robotaxis Illegally Passed School Buses 19 Times in Texas

Carrier Management

U.S. Probes Reports Waymo Robotaxis Illegally Passed School Buses 19 Times in T...

Posted: Dec 05, 2025

Recurring Vomiting Tied to Longterm Cannabis Use is Finally Being Tracked: Study

Carrier Management

Recurring Vomiting Tied to Longterm Cannabis Use is Finally Being Trac...

Posted: Dec 05, 2025

How to Grow an Independent Insurance Agency

Insurance Journal

As consumers shop around for the right combination of coverage, price and service excellence, building a name for your insurance agency is important. But they may want access to multiple insurance products/carriers, so it pays to go independent. With...

Posted: Dec 05, 2025

South Dakota Legislators Plan Bills to Help Residents in Fight Over Limestone Mine

Insurance Journal

Three lawmakers who represent Piedmont, South Dakota, hope to change weak state mining laws that allowed a proposed limestone mine to be sited without notification or input by any local officials or residents. The plan by Simon Contractors to begin &...

Posted: Dec 05, 2025

We can show unequivocally that Florida’s insurance market has stabilised: Mike Yaworsky

Reinsurance News

Speaking recently at the 2025 Florida Chamber Insurance Summit, the state’s Insurance Commissioner, Mike Yaworsky, emphasised the importance of tort reforms and the positive impact on Florida’s insurance market, but warned against turn...

Posted: Dec 05, 2025

Majesco to quadruple AI investment to expand, accelerate P&C roadmap

Reinsurance News

Majesco, a technology provider known for its cloud-native and AI-native solutions for Property & Casualty and Life & Annuity/Health insurers, has reinforced its dedication to the P&C sector with plans for expanded investment and an acc...

Posted: Dec 05, 2025

People Moves: RiverStone International Appoints Pritchard as UK CEO

Insurance Journal

RiverStone International Appoints Pritchard as UK CEO RiverStone International Holdings, the legacy acquisition company, announced the appointment of Charlotte Pritchard as UK CEO, effective January 5, subject to regulatory approval. Pritchard succee...

Posted: Dec 05, 2025

Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University

Insurance Journal

Acrisure co-founder CEO Greg Williams is giving back to his alma mater in a major way. Michigan State University announced Williams and his wife are committing $401 million to the university, with most of the donation going towards the school’s...

Posted: Dec 05, 2025

ASIC & ASIL get revised positive outlooks from AM Best

Reinsurance News

Credit ratings agency AM Best has revised the outlooks of Ategrity Specialty Insurance Company (ASIC) and its affiliate, Ategrity Specialty Insurance Limited (ASIL), to positive from stable, reflecting its “very strong” balance sheet supported by...

Posted: Dec 05, 2025

Lawyer Alleges UPS Put Profits Over Safety Before Deadly Plane Crash

Carrier Management

Lawyer Alleges UPS Put Profits Over Safety Before Deadly Plane Crash A deadly UPS cargo plane crash...

Posted: Dec 05, 2025

U.S. Probes Reports Waymo Robotaxies Illegally Passed School Buses 19 Times in Texas

Carrier Management

U.S. Probes Reports Waymo Robotaxies Illegally Passed School Buses 19 Times in...

Posted: Dec 05, 2025

Business Moves: MGA Nirvana Buys Arena From Ryan Specialty; Ryan Acquires Canada MGU SSRU; Bridgehav...

Insurance Journal

Specialty MGA Nirvana Acquires Arena From Ryan Specialty Specialty managing general agent (MGA) Nirvana announced the acquisition of Arena NV from Ryan Specialty. Financial terms were not disclosed. Arena is a leader in the Belgian sports insurance m...

Posted: Dec 05, 2025

Property Insurance Faces Claims Volume vs. Severity Paradox in Q3 2025

Risk & Insurance

Third quarter records lowest claim volume in five years while projected severity could reach historic highs as claims mature: Verisk. The post

Posted: Dec 05, 2025

Mitsui Sumitomo Insurance acquires at least 12.5% of W. R. Berkley shares

Reinsurance News

Mitsui Sumitomo Insurance Co., Ltd. (MSI), a Japanese property and casualty (P&C) insurance carrier, has acquired beneficial ownership of at least 12.5% of W. R. Berkley Corporation’s common stock. This move follows MSI’s agreements with...

Posted: Dec 05, 2025

Longtime WTW Cyber Risk Leader Heads to Marsh

Insurance Journal

Marsh this week announced it has hired Tom Srail its cyber analytics and digital infrastructure leader for the U.S. and Canada. Srail had spend the last 21 years with WTW, mostly recently as executive vice president of its global cyber …

Posted: Dec 05, 2025

PE Firms EQT, PAI Among Bidders for €2 Billion Insurance Broker Global

Insurance Journal

Private equity firms EQT AB, PAI Partners and Stone Point have been shortlisted in the bidding for German insurance brokerage Global Group, people familiar with the matter said. Global Group, which is backed by buyout firm Castik Capital, could fetch...

Posted: Dec 05, 2025

Global growth outlook strengthens as MAPFRE Economics lifts 2025 forecast

Reinsurance News

The latest assessment from international insurance group MAPFRE Economics points to a more favourable environment for insurers worldwide. MAPRE notes that steadier economic conditions, improved financing in major markets and a gentler inflation ba...

Posted: Dec 05, 2025

Agency Probes Reports Waymo Self-Driving Cars Illegally Passed School Buses in Texas

Insurance Journal

A U.S. agency said on Thursday it has asked Waymo to answer more questions after Texas officials said the Alphabet GOOGL.O unit’s self-driving vehicles had illegally passed school buses 19 times in recorded incidents since the start of the scho...

Posted: Dec 05, 2025

New York Times Sues Perplexity AI for ‘Illegal’ Copying of Content

Insurance Journal

The New York Times filed a lawsuit against Perplexity AI on Friday, claiming that the artificial intelligence startup was copying, distributing and displaying millions of its articles without permission. The startup has become a target of multiple le...

Posted: Dec 05, 2025

Relm to support rapidly expanding space economy with new suite of insurance products

Reinsurance News

Relm Insurance, a specialty insurer for emerging and innovative industries, has announced the launch of a new suite of insurance products designed for the rapidly expanding space economy. These comprehensive products provide brokers and their clie...

Posted: Dec 05, 2025

AM Best Revises Outlook to Negative for Nazareth Mutual

Insurance Journal

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Nazareth Mutual Insurance Co., b...

Posted: Dec 05, 2025

Swiss Re Shares Drop After New Profit Target Falls Short of Expectations

Insurance Journal

Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short of market expectations. The Zurich-based company said it was aiming for group net income of $4.5 billion next year,...

Posted: Dec 05, 2025

It’s about long-term stability & resilience, not squeezing the lemon: Swiss Re CEO

Reinsurance News

After Swiss Re announced a net income target of $4.5 billion for 2026, which left some analysts underwhelmed, the reinsurer’s Group Chief Executive Officer (CEO), Andreas Berger, underlined the importance of growing at the right time and avo...

Posted: Dec 05, 2025

The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds

Carrier Management

The World’s Plastic Glut Is Set to Get Much Worse by 2040, S...

Posted: Dec 05, 2025

Standard Chartered Settles £1.5 Billion Iranian Sanction Suit in London

Insurance Journal

Standard Chartered Plc has settled an investor lawsuit worth £1.5 billion ($2 billion) over allegations it systematically breached sanctions against Iran to win new business. In a London Court of Appeal ruling over disclosure published on Friday, the...

Posted: Dec 05, 2025

AmTrust, BXCI close strategic transaction and launch MGA ANV

Reinsurance News

AmTrust Financial Services, Inc., a global specialty property casualty insurer, and Blackstone Credit & Insurance (BXCI) have announced the closing of a strategic transaction and the launch of a newly formed independent, multinational MGA comp...

Posted: Dec 05, 2025

Will it Take a Catastrophe for Nations to Take Issue of Space Debris Seriously?

Insurance Journal

China routinely sends astronauts to and from its space station Tiangong. A crew capsule is about to undock from the station and return to Earth, but there’s nothing routine about its journey home. The Shenzhou-20 capsule will carry no crew, &#8...

Posted: Dec 05, 2025

EMEA insurance market to enter 2026 on steady footing: Fitch

Reinsurance News

Credit rating agency Fitch Ratings states that the broader EMEA insurance landscape enters 2026 on a steady footing, supported by reliable operating performance, firm capitalisation and continued momentum in new business generation. According to F...

Posted: Dec 05, 2025

Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom

Insurance Journal

Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn to go down Friday. “A fix has been implemented and we are monitoring the results,” the San Francisco-based company said &#8...

Posted: Dec 05, 2025

AI to become insurers’ new operating system: SAS

Reinsurance News

SAS’ industry experts anticipate that the coming year will mark a significant shift, with AI moving into a central role in how insurers function and no longer serving as a secondary aid. SAS, an analytics and AI company known for its advanced data...

Posted: Dec 05, 2025

Report: Climate Change, Weather Impacts on Household Budgets Up to $900 Yearly

Insurance Journal

A working paper from three well-known economists shows the impacts of global warming and particularly extreme weather on the budgets of American households is up to $900 per year. The paper was authored by former Treasury Department officials Kimberl...

Posted: Dec 05, 2025

Reinsurance rates seen down 10-15% ahead of Jan 1: Florida Chamber panel

Reinsurance News

Chris Dittman, Head of Florida Strategy at Aon’s Reinsurance Solutions, said recently that as expected, reinsurance supply continues to outpace demand ahead of the key January 1st, 2026, renewals, with the broker seeing rate decreases of between 1...

Posted: Dec 05, 2025