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QBE North America partners with Assureful

coverager

The companies will offer pay-as-you-sell commercial general liability insurance for e-commerce merchants.

Posted: Sep 23, 2025

Hershey Not Spooked by Lawsuit Claiming Reese’s Halloween Candy Didn’t Match Label

Carrier Management

Hershey Not Spooked by Lawsuit Claiming Reese’s Halloween Candy Didn’t...

Posted: Sep 23, 2025

Root launches in Washington

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Root is now available to more than 78% of the U.S. population.

Posted: Sep 23, 2025

MetLife acquires 20% stake in Klimber

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The companies have been partners for several years.

Posted: Sep 23, 2025

GreenieRE Coalition and Trellis Climate launch surety bonds for climate startups

coverager

The two have introduced Vensurety, an insurance platform designed for climate companies.

Posted: Sep 23, 2025

US P&C insurers boost profitability in H1’25 despite cat losses: Moody’s

Reinsurance News

Moody’s Ratings, the credit rating agency and research firm, reported that US property and casualty insurers delivered stronger profitability in the first half of 2025, even as California wildfires in the first quarter drove substantial catastroph...

Posted: Sep 23, 2025

Root Insurance Expands Driving Behavior Product to Washington

Insurance Journal

Root Insurance has brought its driving behavior insuring pricing model to Washington in an expansion of its West Coast footprint. Root now offers its product to drivers in Washington, Oregon and California. Root’s model is designed to measure d...

Posted: Sep 23, 2025

Michigan Reaches Settlements With Paper Mill Over PFAS Contamination

Insurance Journal

Michigan Attorney General Dana Nessel has reached two settlement agreements with the current and past owners of a paper mill in White Pigeon, Michigan. The two settlements secure funding for response activities to address per- and polyfluoroalkyl sub...

Posted: Sep 23, 2025

Man Pleads Guilty to Setting Fires at 2 Minnesota Mosques

Insurance Journal

A man who set fires at two mosques in Minnesota in 2023 pleaded guilty to federal charges Wednesday, federal prosecutors said. Jackie Rahm Little, 38, admitted to one count of arson and one count of damage to religious property for …

Posted: Sep 23, 2025

AM Best Revises Credit Rating Outlook to Positive for Texas’ National Unity

Insurance Journal

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of National Unity Insuranc...

Posted: Sep 23, 2025

Parents Slam OpenAI, Character.AI Over Safety in Senate Hearing

Insurance Journal

The father of a teenager who died by suicide this spring delivered emotional congressional testimony, alleging OpenAI’s ChatGPT “groomed” his 16-year-old son to take his own life and the company prioritized speed and market share ov...

Posted: Sep 23, 2025

West Texas Wants to Sell Natural Gas to Power AI Data Centers, But Lacks Infrastructure

Insurance Journal

Big data centers that power the artificial intelligence industry demand an abundance of energy. West Texas — known for producing 40% of the nation’s crude oil — also has an extraordinary amount of natural gas that could power those data …

Posted: Sep 23, 2025

Lloyd’s sees rising standards and cautious expansion amid competitive pressure: TD Cowen

Reinsurance News

TD Cowen, an investment bank and financial services firm, recently hosted a field trip to London with senior management from Arch Capital (ACGL), Ascot, Canopius, Everest Group (EG), Hiscox, Howden Re, Inigo, Intact, Lancashire, and Sirius Point....

Posted: Sep 23, 2025

Bank of England’s Bailey Says AI Can Help Regulators to Find the ‘Smoking Gun’

Insurance Journal

Bank of England Governor Andrew Bailey said on Monday that he and other regulators who oversee the financial services industry should use artificial intelligence to help them spot problems among the firms that they supervise. “I think we’...

Posted: Sep 23, 2025

Markets/Coverages: Tokio Marine Kiln Launches Enhanced Cyber Product Suite

Insurance Journal

Tokio Marine Kiln (TMK), the Lloyd’s specialist insurer, announced the launch of its enhanced “Cyber Ctrl” cyber product suite. This cyber risk solution features new products and wordings, including Professional Ctrl for technology,...

Posted: Sep 23, 2025

The Institutes Launches a New Catastrophe Risk Designation as Extreme Weather Losses Triple

Risk & Insurance

With billion-dollar disasters now averaging 23 per year, the Associate in Catastrophe Risk and Resiliency™ program addresses the industry's urgent need for specialized catastrophe risk management expertise. The post

Posted: Sep 23, 2025

HDI Global USA names Bruce Griffin as Head of Casualty

Reinsurance News

HDI Global Insurance Company (HGIC), the US arm of international Corporate & Specialty insurer HDI Global (HDI), has appointed Bruce Griffin as Head of Casualty. Griffin brings over 30 years of underwriting and leadership experience. Most rece...

Posted: Sep 23, 2025

China’s EV Boom Saddles its Auto Insurers With Chronic Losses

Carrier Management

China’s EV Boom Saddles its Auto Insurers With Chronic Losses Chi...

Posted: Sep 23, 2025

New Jersey Panel Issues Recommendations on Social Media Use by Teens

Insurance Journal

Students should be banned from using cell phones in school, parents should delay their child’s access to social media, and social media companies should restrict access for users younger than 16. Those are among the recommendations of the New J...

Posted: Sep 23, 2025

Banks Improperly Requesting Additional Insured Status – Part 2

Insurance Journal

Our friend, Christopher Boggs, Chief Consultant with Boggs Risk and Insurance Consulting, returns to respond to a great comment left on his recent post. He’ll tell you more below. Happy reading. Several days ago I published an article entitled,...

Posted: Sep 23, 2025

Chinese Regulator Summons ByteDance, Alibaba’s Platforms Over Content Violations

Insurance Journal

China’s cyberspace regulator summoned ByteDance’s news platform Toutiao and Alibaba’s internet browser operator UCWeb over content violations, making them the latest companies to be targeted by a government crackdown on user behavio...

Posted: Sep 23, 2025

Florida’s Praxis Reciprocal Exchange obtains OIR license

Reinsurance News

A newly established Florida domiciled property insurer, Praxis Reciprocal Exchange (PRE), has received its certificate of authority from the Florida Office of Insurance Regulation (OIR). PRE will operate as a reciprocal insurer, owned by its polic...

Posted: Sep 23, 2025

[Video] In Construction, Labor Shortages Now Compounded by Tariff Concerns

Insurance Journal

Nationwide may not have felt much change in the construction sector during the first half of 2025, but there are now some signs of shifting due to the unknowns of tariffs. “[We’re] definitely started to see a little of the …

Posted: Sep 23, 2025

MetLife acquires 20% of LatAm insurtech Klimber

Reinsurance News

Global insurer MetLife has acquired a 20% stake in insurtech Klimber, a partnership that aims to transform how insurance is accessed and distributed throughout Latin America. This achievement, the firm stated, strengthens Klimber’s position...

Posted: Sep 23, 2025

Climate Adaptation Gains Momentum, But Strategic Analysis of Investments Lags

Risk & Insurance

Marsh survey reveals disconnect between risk assessment and strategic decision-making on adaptation investment. The post Cl...

Posted: Sep 23, 2025

Trump Warns Against Tylenol in Pregnancy Over Unproven Autism Fears

Insurance Journal

The Trump administration linked Tylenol to autism and urged pregnant women to avoid the common pain medication despite the lack of widely accepted scientific evidence supporting the risk. “So taking Tylenol is not good — I’ll say it — it&...

Posted: Sep 23, 2025

Radian’s acquisition of Inigo to increase diversification & growth opportunities: S&P

Reinsurance News

S&P Global Ratings has indicated that Radian’s recent $1.7 billion acquisition of Lloyd’s specialty insurer Inigo could enhance the diversification of its business and create growth opportunities that are currently constrained within its U.S....

Posted: Sep 23, 2025

Marsh McLennan names Kim Abildgaard as CEO of Denmark

Reinsurance News

Global insurance and reinsurance broker Marsh McLennan has promoted Kim Abildgaard to Chief Executive Officer (CEO) of its Denmark operation, effective October 1st, 2025. Abildgaard, who succeeds Dorothee Gnaedinger, most recently served as interi...

Posted: Sep 23, 2025

Geopolitical uncertainty, supply chain disruption & inflation, top risks for business leaders: Beazl...

Reinsurance News

In today’s fast-changing global environment, there has been a sharp and rapid shift in how global leaders are prioritising risk, with geopolitical uncertainty, supply chain disruption and inflation becoming top concerns, a recent Beazley sur...

Posted: Sep 23, 2025

Davies names Adam Warwick as Group Chief Information Officer

Reinsurance News

Davies, a specialist in professional services and technology solutions for insurance, financial services, and other regulated industries, has announced the appointment of Adam Warwick as Group Chief Information Officer (CIO). Warwick joins from Br...

Posted: Sep 23, 2025

Hong Kong Braces for Fierce Winds as Super Typhoon Nears

Insurance Journal

Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon is packing top sustained winds of 220 &#8230...

Posted: Sep 23, 2025

Update: Hong Kong Braces for Fierce Winds as Super Typhoon Nears

Insurance Journal

Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon weakened slightly on Tuesday as it moved &#8...

Posted: Sep 23, 2025

Third-party cyber risks among most significant threats to operational resilience: Acrisure

Reinsurance News

A new report authored by Acrisure’s James Morgan has highlighted the rising threat of cyber-attacks on key third-party vendors and their potential to trigger widespread operational disruption and financial losses across multiple businesses. The ne...

Posted: Sep 23, 2025

Fitch upgrades Generali’s ratings on lower sovereign risk & improved performance

Reinsurance News

Fitch Ratings has upgraded Generali and its core subsidiaries’ Insurer Financial Strength (IFS) Ratings to ‘AA-’ from ‘A+’, citing lower sovereign risk and the group’s very strong profile, capitalisation, leverage, and operating performance. The a...

Posted: Sep 23, 2025

7 Types of Agents Scorching Your Agency P&L

Insurance Journal

Producer licensing has been messy for so long that it’s hard to imagine a future state that’s easier on agency profits and losses (P&L). For agencies that have automated compliance with purpose-built insurance software, one of the fir...

Posted: Sep 23, 2025

Europe Airport Chaos Highlights Rise in High-Profile Ransomware Attacks: Cyber Experts

Insurance Journal

Cybercriminals are taking greater risks by hitting high-profile targets to get bigger payoffs and boost their online reputational clout, cybersecurity experts said, after a weekend hack crippled airport check-in systems across Europe and stranded tho...

Posted: Sep 23, 2025

Drones That Shut Copenhagen Airport Flown by ‘Capable Operator’: Danish Police

Insurance Journal

Danish police said on Tuesday that drones that shut the country’s main airport a day earlier appeared to have been flown by “a capable operator” seeking to demonstrate certain abilities, adding that no suspects had been identified....

Posted: Sep 23, 2025

Update: Denmark Links Drones at Copenhagen Airport to Hybrid Attacks Across Europe

Insurance Journal

Denmark said drones that halted flights at its main airport on Monday were the most serious attack yet on its critical infrastructure and linked them to a series of suspected Russian drone incursions and other disruptions across Europe. Danish Prime...

Posted: Sep 23, 2025

Denmark Links Drones at Copenhagen Airport to Hybrid Attacks Across Europe

Insurance Journal

Denmark said drones that halted flights at its main airport on Monday were the most serious attack yet on its critical infrastructure and linked them to a series of suspected Russian drone incursions and other disruptions across Europe. Danish Prime...

Posted: Sep 23, 2025

Insurance Development Forum strengthens leadership with key appointments

Reinsurance News

Insurance Development Forum (IDF), a public-private partnership, has announced three key additions to its steering committee, bringing a global wealth of experience and expertise to its mission of closing protection gaps and enhancing resilience....

Posted: Sep 23, 2025