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Insurance Business Magazine - US
Posted: Sep 24, 2025
Wildfire Smoke Set to Cause Mounting Deaths and Economic Loss...
Posted: Sep 24, 2025
Every day, LaRanda Schoolcraft drives five minutes down the hill from her Terra Alta home to visit the family member she calls her “person.” “My grandpa has dementia now and doesn’t always make sense,” she said. “B...
Posted: Sep 24, 2025
California Attorney General Rob Bonta said he was “encouraged” by a recent talk with OpenAI Chief Executive Officer Sam Altman and actions the company has taken in the wake of a lawsuit alleging ChatGPT guided a teenager to suicide. In &#...
Posted: Sep 24, 2025
TD Cowen, an investment bank and financial services firm, shared key observations from recent meetings in London with reinsurance market participants. The firm reported that property-catastrophe rates are expected to continue softening, with estim...
Posted: Sep 24, 2025
Amynta Group announced it has entered into a definitive agreement to acquire Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”), a commercial surety broker based in...
Posted: Sep 24, 2025
Hub International Ltd., the Chicago-based insurance broker, announced the launch of HUB Livestock Insurance in Canada, a scalable product with multiple specialized sub-programs, including equine, poultry and egg, dairy and cattle offerings, with othe...
Posted: Sep 24, 2025
Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump’s administration halted the project last month. T...
Posted: Sep 24, 2025
In2Risk sessions will address emerging topics like the applications of Agentic AI in the insurance industry. The post Reimagine...
Posted: Sep 24, 2025
Aon, the global insurance and reinsurance broker, has expanded its transition analytics offering with the launch of the TPI Portfolio, an enhancement to its existing Transition Performance Index (TPI). The broker explains that this expanded capabi...
Posted: Sep 24, 2025
A federal appeals court says a Vermont Christian school can participate in the state’s sports league, overturning a previous ruling that upheld a ban on the school after it forfeited a high school girls basketball game against a team with ̷...
Posted: Sep 24, 2025
Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Cédric Wells as Head of Claims, Insurance, Continental Europe, effective immediately. In his new role, Wells will leverage his 25 years of...
Posted: Sep 24, 2025
CFC, a specialist insurance provider, has announced the appointment of Danton Stoloff as Senior Underwriter for transaction liability in Australia. Based in Sydney, Stoloff will be responsible for expanding CFC’s transaction liability offering acr...
Posted: Sep 24, 2025
A new report from Howden has underlined the urgent need for scaled cyber risk transfer in Europe, where increasingly complex and costly threats collide with low insurance uptake, while also highlighting the strong return on investment from effecti...
Posted: Sep 24, 2025
Autonomous trucking startup Gatik AI Inc. plans to operate 50 self-driving freight trucks in Canada by the end of next year, pushing toward driverless shipping with plans to remove the safety driver within months of deployment on public roads. Privat...
Posted: Sep 24, 2025
Credit rating agency AM Best has warned that Nepal’s non-life insurance market could face serious financial stress following recent riots in Kathmandu. The agency notes that even moderate claims can weigh heavily on the small-sized industry, which...
Posted: Sep 24, 2025
Britain’s biggest carmaker Jaguar Land Rover is extending the closure of its factories until October 1 following a cyberattack in early September that has left its operations paralyzed and smaller suppliers struggling. The luxury carmaker, owne...
Posted: Sep 24, 2025
New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending September 2026, increasing its catastrophe cover limit to NZ$915 million from NZ$800 million in 2025. According to the Kiwi insurer, the renewal se...
Posted: Sep 24, 2025
A hack hitting major airports across Europe followed by drone incursions in Copenhagen and Oslo are testing the weak spots of the region’s aviation infrastructure and raising fears about coordinated attacks leading to increased disruption. In D...
Posted: Sep 24, 2025
Royal London, a UK provider of mutual life, pensions and investment, has completed a £61 million bulk purchase annuity (BPA) transaction with the Stora Enso UK Group Pension Scheme, securing the benefits of 758 members. The latest buy-in marks the...
Posted: Sep 24, 2025
As Typhoon Ragasa, the world’s most powerful tropical cyclone this year, approached Hong Kong this week, mass flight cancellations and lost revenue were not the only headache for airlines based at one of the world’s busiest airports. Ahea...
Posted: Sep 24, 2025
Super Typhoon Ragasa’s fierce winds have kept Hong Kong’s most severe storm warning in place for the second-longest ever duration, eclipsing storm Mangkhut but falling short of an all-out record. The city’s highest storm alert, sign...
Posted: Sep 24, 2025
Tokio Marine Kiln (TMK), a specialist insurer, has launched an updated version of its Cyber Ctrl product suite. The new offering includes expanded products and revised wordings, such as the new Professional Ctrl policy for Technology, Media, and E...
Posted: Sep 24, 2025
Ryan Specialty, an international specialty insurance firm, has appointed John “JJ” Gorman as Head of Facultative and Facilities for Ryan Re Underwriting Managers (Ryan Re), effective October 1st, 2025. Ryan Re is the insurer’s ma...
Posted: Sep 24, 2025
GreenieRE Coalition, a reinsurer focused on insurance innovation for the energy transition, and Trellis Climate, an impact-first, catalytic capital program investing in early climate infrastructure projects, have launched Vensurety, an impact-firs...
Posted: Sep 24, 2025
Independent binding authority and wholesale brokerage XS Brokers recently announced Erik Wirkus has been promoted to chief executive officer. Wirkus has served as president of the Quincy, Massachusetts-based company since 2019. He has been with XS Br...
Posted: Sep 24, 2025
The Trump administration’s hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas—precisely the outcome the policy was meant to stop. U.S...
Posted: Sep 24, 2025
A company that snatched up distressed brick-and-mortar brands including RadioShack and Pier 1 Imports and promised investors big returns in a pivot to e-commerce operated as a Ponzi-like scheme, the US Securities and Exchange Commission alleged. When...
Posted: Sep 24, 2025
Atlanta-based insurance and benefits brokerage OneDigital is the beneficiary of a $2.3 billion investment – a majority stake to be taken by the Canada Pension Plan and Stone Point Capital. The investment comes through an acquisition of a stake from &...
Posted: Sep 24, 2025
LP Insurance named Heather Thompson as its first chief financial officer. Thompson joined LP in 2018 as a financial analyst and was promoted to controller, overseeing all of LP’s accounting and finance operations in 2022. As CFO, she leads LP&#...
Posted: Sep 24, 2025
California-based ALKEME Insurance reports it has acquired Gotham Brokerage Co., a New York City insurance agency specializing in insurance for condos, co-ops, and apartments with a concentration in the high-value real estate markets of Brooklyn and M...
Posted: Sep 24, 2025
Karen Read’s lawyers asked a judge on Monday to dismiss part of a wrongful death lawsuit brought by the family of her former Boston police officer boyfriend, whose killing she was acquitted of earlier this year after two highly publicized ̷...
Posted: Sep 24, 2025
Specialist Risk Group (SRG), a specialist insurance group, has announced the appointment of Sasa Brcerevic as its first Group Chief Commercial Officer, effective 1 November 2025. Brcerevic brings a broad and varied background across the insurance...
Posted: Sep 24, 2025
Many fled when wildfires devastated Los Angeles earlier this year, but Guillermo del Toro rushed back in, determined to save his lifelong collection of horror memorabilia. It’s the same loyalty that finds him making another tough decision to pr...
Posted: Sep 24, 2025
When traditional coverage becomes unavailable or unaffordable, these specialized structures offer industry-specific solutions—but require careful management to succeed. The post
Posted: Sep 23, 2025
The digital insurer applies data-driven underwriting to address severe weather risks and deliver precise pricing.
Posted: Sep 23, 2025
The firm’s 2025 study cites underwriting losses, rising claim costs, and emerging risks shaping the commercial auto market.
Posted: Sep 23, 2025
The integration provides carriers and MGAs with a single platform for billing, payments, and premium finance.
Posted: Sep 23, 2025
While annual rainfall is not rising, the increase in extreme rainfall events means that flood risk, infrastructural strain, and flash flooding potential are increasing.
Posted: Sep 23, 2025
Only 7% of carriers have successfully implemented AI across their organizations despite industry advantages, BCG research finds. The post
Posted: Sep 23, 2025
Cyber Threats Continue to Top Concerns for Large, Mid-Size Fir...
Posted: Sep 23, 2025
Man Who Died on Florida Roller Coaster Had Spinal Condition Emergency workers who responded to Universa...
Posted: Sep 23, 2025