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Rhode Island Couple Dies in Plane Crash on Massachusetts Highway

Insurance Journal

A Rhode Island husband and wife were killed and another person injured Monday morning when a small plane crashed onto a highway in southeastern Massachusetts. The deceased were identified as Thomas and Agatha Perkins, of Middletown, according to Thom...

Posted: Oct 14, 2025

16 Killed in Blast at Tennessee Military Explosives Factory Near Nashville

Insurance Journal

A blast in rural Tennessee that leveled an explosives plant and was felt for miles around killed 16 people and left no survivors, authorities said. The explosion left a smoldering wreck of twisted and charred metal and burned-out vehicles at …

Posted: Oct 14, 2025

La Niña’s Back, but Will It Amp Up Hurricane Season?

Carrier Management

La Niña’s Back, but Will It Amp Up Hurricane Season? La Nina, the cooler...

Posted: Oct 14, 2025

Insurers backed by private capital & strong regulation key to retirement solutions: BILTIR’s Courcy

Reinsurance News

Resilient insurers, powered by innovative, long-dated private capital, and operating under strong globally recognised regulatory regimes, are the solution to an ageing population with longer lifespans and shrinking public safety nets, Chairman Nat...

Posted: Oct 14, 2025

People Moves: Markel International Restructures, Promotes Hillier as CUO; Miller Taps Optio’s Robins...

Insurance Journal

This edition of International People Moves details appointments at Markel Insurance and the insurance broker Miller. A summary of these new hires follows here. Markel International Restructures and Promotes Hillier as CUO Markel Insurance, the insura...

Posted: Oct 14, 2025

Don't Look Back; AI Is Gaining on You

Insurance Thought Leadership

Don't Look Back; AI Is Gaining on You PaulCarroll

Posted: Oct 14, 2025

Mike Mulray named as Chief Underwriting Officer of Hamilton Select

Reinsurance News

Hamilton Insurance Group, Ltd., a specialty insurance and reinsurance provider, has announced the appointment of Mike Mulray as Chief Underwriting Officer of Hamilton Select, the Company’s US excess and surplus (E&S) lines insurer, effective O...

Posted: Oct 14, 2025

Nor’easter Knocks Out Power, Snarls Travel Across East Coast

Insurance Journal

An early-season nor’easter swept across the US East Coast, killing at least one person as it triggered power outages and travel delays, while across the continent a massive storm wreaked havoc on Alaska. The eastern storm will reach its peak &#...

Posted: Oct 14, 2025

Marsh McLennan and Businesses to Unify Under ‘Marsh’ Brand; New Unit Created

Insurance Journal

Marsh McLennan announced it will change its brand to “Marsh,” effective January 2026, and it has created a new unit, Business and Client Services (BCS), which aims to accelerate innovation and centralize investments in operational excelle...

Posted: Oct 14, 2025

Marsh McLennan to rebrand as Marsh, Guy Carpenter to become Marsh Re

Reinsurance News

Insurance and reinsurance broking group Marsh McLennan has revealed that, effective January 2026, it will change its brand to Marsh. As part of the transition, Guy Carpenter will rebrand as Marsh Re in 2027, reflecting its position within the grou...

Posted: Oct 14, 2025

Zurich to boost digital transformation with new appointments

Reinsurance News

Global insurer Zurich has announced the appointment of Terry Powell as Group Chief Technology Officer and Cristina Ghetti as Group Head of Digital Employee Experience, both effective October 20, 2025. In his new role, Powell will lead its Group-wi...

Posted: Oct 14, 2025

Markets/Coverages: Tokio Marine Kiln Offers Combined Cyber, E&O, Media, IP Solution

Insurance Journal

Tokio Marine Kiln (TMK), the specialist insurer, announced the launch of “Enterprise Ctrl,” a comprehensive enterprise errors and omissions (E&O) insurance solution that enhances the recently launched TMK Cyber Ctrl+ suite. This first...

Posted: Oct 14, 2025

Re/insurance has a role to play as nuclear investments surge: Keime, Swiss Re

Reinsurance News

Jimmy Keime, Head Engineering & Nuclear at Swiss Re, stated that nuclear investments are growing globally, with rising demand for nuclear energy to power data centres — creating both opportunities and risks for the insurance and reinsurance in...

Posted: Oct 14, 2025

EU Lawmakers Agree to Drastically Curtail ESG Directives

Insurance Journal

European Union lawmakers agreed to move ahead with major cuts to a set of sustainability directives, after intense pressure from the bloc’s biggest member states. The EU Parliament’s Committee on Legal Affairs voted on Monday to have the...

Posted: Oct 14, 2025

SRG acquires new Wholesale team from Lockton

Reinsurance News

Specialist Risk Group (SRG) has acquired a new Wholesale team, led by Shelley Wright, from Lockton. According to SRG, this development further strengthens its London Market capability and expands its specialist proposition across Miles Smith, CBC...

Posted: Oct 14, 2025

Carmakers Accused in Huge UK Lawsuits of Cheating Diesel Emissions Tests

Insurance Journal

Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with the law,” lawyers for over 1.6 million claimants told London’s High Court on Monday, at the start of a...

Posted: Oct 14, 2025

Allphins: Transforming exposure management with real-time data insights

Reinsurance News

As risks grow more complex and investor scrutiny intensifies, exposure management (EM) is becoming a critical tool for reinsurers, not only to track tolerances, but to actively shape portfolios. Reinsurance News recently spoke with Allphins about...

Posted: Oct 14, 2025

Qantas Says Stolen Customer Data Posted Online After Cyberattack

Insurance Journal

Qantas Airways Ltd. said customer data stolen during a cyber incident in July has been released online, and that it’s working with security experts and Australian authorities to determine the extent of the exposure. The breach involved 5.7 mill...

Posted: Oct 14, 2025

UK Sees 50% Spike in Major Cyberattacks as Top Firms Targeted

Insurance Journal

The UK has seen a significant increase in major cyberattacks by criminals and hostile states over the last year, the country’s cyber security agency said, following a spate of high-profile incidents targeting companies from Jaguar Land Rover to...

Posted: Oct 14, 2025

French Banks, Insurers Sell Bonds After Macron’s New Cabinet

Insurance Journal

French banks and insurers tapped the European market for bonds on Monday, with investor demand holding up for most offerings despite the country’s ongoing political crisis. BPCE SFH sold a €1 billion ($1.2 billion) covered bond, which saw more...

Posted: Oct 14, 2025

Miller hires Rodolphe Menn as Head of France

Reinsurance News

Independent specialist re/insurance broker Miller has appointed Rodolphe Menn as Head of France, further strengthening its presence in the country. In the new role, Menn will be responsible for delivering Miller’s French business strategy, focusin...

Posted: Oct 14, 2025

Fintech and AI Drive London Finance Job Vacancy Growth in Q3, Recruiter Says

Insurance Journal

A boom at financial technology firms and growing demand to get to grips with artificial intelligence lifted financial sector job vacancy numbers in London in the third-quarter, Morgan McKinley’s London Employment Monitor showed on Monday. Vacan...

Posted: Oct 14, 2025

Malibu Life enters agreement to acquire life and retirement solutions provider TruSpire

Reinsurance News

Malibu Life Holdings Limited has entered into a definitive agreement to acquire TruSpire Retirement Insurance Company, a Texas-domiciled provider of life and retirement solutions, and wholly-owned subsidiary of Mutual of America Life Insurance Com...

Posted: Oct 14, 2025

US government shutdown stalls flood insurance renewals, leaving homeowners at risk: AM Best

Reinsurance News

According to a new report from the credit rating agency AM Best, the ongoing US government shutdown has halted the ability of a key federal agency to renew existing flood insurance policies or issue new ones under the National Flood Insurance Prog...

Posted: Oct 14, 2025

Legal & General names Gareth Mee as CEO of Institutional Retirement

Reinsurance News

Legal & General Group plc (L&G), a financial services group providing insurance, investment management, and retirement solutions, has announced the appointment of Gareth Mee as Chief Executive Officer of Institutional Retirement, effective...

Posted: Oct 14, 2025

Kalepa and AmRisc partner to advance AI-driven underwriting operations

Reinsurance News

Kalepa, a company specialising in AI-powered underwriting solutions, has entered into a partnership with AmRisc, a catastrophe-focused Managing General Agent (MGA) in the US, to scale AmRisc’s underwriting operations. This collaboration follows an...

Posted: Oct 14, 2025

Texel appoints Jamie Stork and Brandon Woo to Singapore office

Reinsurance News

The Texel Group, an independent credit and political risk insurance broker, has announced the appointments of Jamie Stork and Brandon Woo to its Singapore office. Jamie Stork joined the company as an Associate Director on 22nd September. He comes...

Posted: Oct 14, 2025

Apple Sued Over Use of Copyrighted Books to Train Apple Intelligence

Insurance Journal

Apple was hit with a lawsuit in California federal court by a pair of neuroscientists who say that the tech company misused thousands of copyrighted books to train its Apple Intelligence artificial intelligence model. Susana Martinez-Conde and Stephe...

Posted: Oct 14, 2025

AI’s Growth Leaves Financial Regulators Struggling to Catch Up

Insurance Journal

Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by the rapid adoption of artificial intelligence, global financial watchdogs warned on Oct 10. In a report to the G20, the …

Posted: Oct 14, 2025

Samsung Hit With $445.5M Jury Verdict Over Wireless Communications Patents

Insurance Journal

A federal jury in Marshall, Texas found on Oct. 10 that Samsung Electronics owes patent owner Collision Communications nearly $445.5 million in damages for infringing on patents related to 4G, 5G and Wi-Fi communications standards. The jury said that...

Posted: Oct 14, 2025

Florida, National Groups File Suit Over ‘Anti-Public Adjuster’ Endorsements

Insurance Journal

At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters altogether. And the National Association o...

Posted: Oct 14, 2025

Vermont Stops Use of ‘Angi Certified Pro’ Marketing Term

Insurance Journal

Online platform Angi, formerly known as Angi’s List, has settled with Vermont’s attorney general over concerns about misleading marketing on its online platform, which connects consumers with more than 300 Vermont contractors or service p...

Posted: Oct 14, 2025

Gavin Newsom Stares Down LA Revolt in California Housing Fight

Insurance Journal

California Gov. Gavin Newsom signed a bill aimed at ramping up the housing supply, bucking opposition from detractors including Los Angeles Mayor Karen Bass and neighborhoods around the state’s largest city. The legislation allows apartment bui...

Posted: Oct 14, 2025

New California Law Aims to Stabilize Insurance for Those Unable to Get Private Coverage

Insurance Journal

California Gov. Gavin Newsom signed a bipartisan bill that aims to prevent the state’s home insurer of last resort from running out of money following a natural disaster. The FAIR Plan is an insurance pool that provides policies to people &#823...

Posted: Oct 14, 2025

Ramon Zandueta to lead KRM Re Brokers Philippines

Reinsurance News

KRM Reinsurance Brokers Philippines, a re/insurance broker, has appointed Ramon “Mon” Zandueta as its new Managing Director (MD) and Chief Executive Officer (CEO), effective September 1st, 2025. Zandueta is an industry veteran with four decades of...

Posted: Oct 14, 2025

People Moves: ICW Group in California Names Moretti Chief Claims Officer

Insurance Journal

ICW Group Insurance Companies named Lynn Moretti chief claims officer. Moretti will oversee the company’s claims operations nationwide. Moretti previously served as chief claims officer for AmTrust Specialty, managing international claims opera...

Posted: Oct 14, 2025

Special Contingency Risks partners with Hostage International

coverager

SCR has launched an Enhanced Victim Support insurance extension to support hostage victims.

Posted: Oct 13, 2025

Liberty Mutual, Landmark partner on student housing projects

coverager

Liberty Mutual Investments and Landmark Properties have formed joint ventures to develop two student housing projects.

Posted: Oct 13, 2025