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Insurance Business Magazine - US
Posted: Nov 14, 2025
The British Broadcasting Corp. issued a formal apology to Donald Trump on Thursday over the misleading edit of the US president’s speech in a documentary program late last year, but rejected his demands for compensation. BBC Chairman Samir Shah...
Posted: Nov 14, 2025
Legal & General’s (L&G) Retail business, a UK provider of retirement and protection solutions, has announced the appointment of Donna Cowell to the newly created role of Head of Reinsurance, UK Protection. In this role, Cowell will work ac...
Posted: Nov 14, 2025
BBVA SA is reviewing its insurance partnership in Turkey as its current agreement with Eureko Sigorta AS is set to expire, according to people familiar with the matter. BBVA is considering various options including a new partnership for its local ...
Posted: Nov 14, 2025
BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion). Hundreds of thousands of Brazilians,...
Posted: Nov 14, 2025
TOPEKA, Kan. (AP) — A rural Kansas county has agreed to pay a little more than $3 million and apologize over a law enforcement raid on a small-town weekly newspaper in August 2023 that sparked an outcry over press freedom. …
Posted: Nov 14, 2025
Somerset Re CEO, Danish Iqbal, has been appointed to the Bermuda Long Term Insurers and Reinsurers (BILTIR) Board of Directors, effective November 1, 2025. Iqbal, who recently returned to Somerset Re, has held a variety of senior roles in the life...
Posted: Nov 14, 2025
Preventative technology could have a profound impact on agriculture. The post Precision Agriculture appeared first on Risk & Insur...
Posted: Nov 14, 2025
Chevron Corp. chose West Texas as the site of its first project to provide natural gas-fired power to a data center, the beginning of a new line of business for the oil giant to capitalize on the boom in artificial …
Posted: Nov 14, 2025
Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwri...
Posted: Nov 14, 2025
Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwri...
Posted: Nov 14, 2025
Amid sustained, broad-based momentum across its businesses, Allianz has reported an operating profit of €13.1 billion for the first nine months of 2025, its highest nine-month result on record and equivalent to 82% of the midpoint of its full-year...
Posted: Nov 14, 2025
A Wisconsin man accused of trying to burn down a congressman’s office earlier this year because he was upset over the federal TikTok ban has pleaded no contest to felony arson. Caiden Stachowicz, 20, of Menasha, entered the plea Monday …
Posted: Nov 14, 2025
Mesirow is a Chicago-based employee-owned financial services firm.
Posted: Nov 14, 2025
Bermuda-domiciled insurer and reinsurer, Aspen Insurance Holdings, has reported a combined ratio of 86.8% for the third quarter of 2025, an improvement of 8.4 percentage points from the 95.2% achieved in the same period last year. This improved co...
Posted: Nov 14, 2025
Insurance Business Magazine - US
Posted: Nov 14, 2025
Insurance buyers are set to remain in a strong negotiating position for both cost and coverage as the market moves into 2026, according to the Energy Market Review Update published by Willis, a WTW business. Willis reports that the upstream energy...
Posted: Nov 14, 2025
As part of the spending deal to end the government shutdown, federal lawmakers approved a provision cracking down on hemp products containing THC, restoring a ban Texas Republicans sought to impose earlier this year. The funding package, passed by th...
Posted: Nov 14, 2025
Jack Morris treasures his 2009 Lamborghini Murcielago LP 640. But it’s not always easy to love. “It’s huge, it’s heavy, it’s clunky, you can’t see out of it,” says the 24-year-old of the orange V-12. “O...
Posted: Nov 14, 2025
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has launched a new risk management-led insurance product serving the needs of the waste-to-energy anaerobic digestion (AD) industry, thereby entering into the renewable...
Posted: Nov 14, 2025
Russia’s Port Alliance group, which operates a network of sea cargo terminals, said on Thursday that foreign hackers had targeted its systems over three days in a distributed denial of service (DDoS) attack and an attempted hack. It said in ...
Posted: Nov 14, 2025
British insurer Aviva reported General Insurance premiums of £10 billion in the first nine months of 2025, up 12% from £9.1 billion in the same period a year earlier. By region, UK & Ireland General Insurance premiums increased 17% to £6.7 bil...
Posted: Nov 14, 2025
JPMorgan Chase & Co.’s decision to let managers use artificial intelligence for help writing performance reviews stands to bring relief to one of bosses’ most dreaded annual tasks. It also raises questions as to whether bot-written re...
Posted: Nov 14, 2025
Swiss Re, one of Europe’s big four reinsurers, recorded net income of more than $4 billion for the first nine months of 2025, an increase of 85% on the prior year’s $2.2 billion, as the property and casualty (P&C) reinsurance resul...
Posted: Nov 14, 2025
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Kansas Medical Mutual Insurance Company and its subsidiary, KAMM...
Posted: Nov 14, 2025
Posted: Nov 14, 2025
Posted: Nov 14, 2025
Ruschlikon, a global community of insurers, brokers and reinsurers powered by ACORD, has announced that Daniel Duesterhaus of SCOR has joined its ePlacing Steering Committee, bringing deep expertise in underwriting innovation and broker partnershi...
Posted: Nov 14, 2025
Global carbon dioxide emissions from fossil-fuel use will reach a record high this year despite countries’ pledges to begin lowering their climate pollution. Emissions are projected to hit 38.1 billion tons, a rise of 1.1% compared to last year...
Posted: Nov 14, 2025
More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next three years, according to PwC. The professional se...
Posted: Nov 14, 2025
In an age of frequent mass shootings, insurers cannot escape coverage by arguing that each pull of the trigger was a “separate occurrence” unless the policy unambiguously says so, a federal appeals court held this week in a case stemming...
Posted: Nov 14, 2025
Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, pre...
Posted: Nov 14, 2025
Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, pre...
Posted: Nov 14, 2025
New Jersey officials announced five new environmental enforcement actions in communities considered overburdened under New Jersey’s Environmental Justice Law and the settlement of two previous environmental justice lawsuits. The latest lawsuits...
Posted: Nov 14, 2025
In Southern California, where police pursuits are common, this was one for the books. A suspect in an allegedly stolen minivan led authorities on a two-hour, 170-mile (274-kilometer) chase through four counties Monday that ended with her escaping int...
Posted: Nov 14, 2025
A former Connecticut police officer accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van pleaded guilty to a misdemeanor Wednesday and received no jail time, while three other officers cho...
Posted: Nov 14, 2025
ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has launched its residential homeowners policy in Rhode Island, now including comprehensive flood insurance coverage. The policy combines...
Posted: Nov 14, 2025
Democratic Pennsylvania Governor Shapiro signed into law a bill to exit a regional market meant to cut greenhouse gas emissions, just over three years after the state joined the initiative to flight climate change. Both chambers of the state legislat...
Posted: Nov 14, 2025
Posted: Nov 13, 2025
The insurer has gone live on Policy Decisions Evolution to enhance efficiency, automation, and scalability.
Posted: Nov 13, 2025
The insurer will use Z-STORM to enhance hail and wind risk underwriting as it expands across storm-prone regions.
Posted: Nov 13, 2025
The partnership embeds real-time company register data into Cytora’s platform to support underwriting and regulatory compliance.
Posted: Nov 13, 2025
Adaptive Insurance offers short-duration parametric coverage to help businesses and households access rapid post-event capital when traditional policies fall short.
Posted: Nov 13, 2025
CEO Heather H. Wilson says explainable AI is turning adjusters into “superheroes” and delivering measurable ROI.
Posted: Nov 13, 2025
The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program &#...
Posted: Nov 13, 2025
TWFG Insurance announced a series of leadership appointments, which it said are designed to accelerate the company’s growth and strengthen its position for continued industry innovations. Katherine Nolan, who has served as Chief Operating Offic...
Posted: Nov 13, 2025