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Extreme Weather Disrupts 62% of Industrial Businesses as Coverage Gaps Persist

Risk & Insurance

New FM survey reveals disconnect between risk awareness and actual preparedness for extreme weather. The post Extreme Weat...

Posted: Sep 22, 2025

AI May Break the Gartner Hype Cycle

Insurance Thought Leadership

AI May Break the Gartner Hype Cycle AI & Machine Learning

Posted: Sep 22, 2025

Casualty insurance pricing remains high, specialty and non-US markets offer opportunities: TD Cowen

Reinsurance News

TD Cowen, an investment bank and research provider, hosted a field trip to London last week with senior management from prominent re/insurance and broking groups, offering insights into shifting dynamics across casualty insurance and related marke...

Posted: Sep 22, 2025

Primary Insurers Must Pay $50M for North Carolina Helicopter Crash Death

Carrier Management

Primary Insurers Must Pay $50M for North Carolina Helicopter Crash Death...

Posted: Sep 22, 2025

AM Best: Commercial Auto Liability Drags Down Segment and it Could Get Worse

Insurance Journal

Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting loss and has accumulated more t...

Posted: Sep 22, 2025

New Jersey Requires Testing and Disclosure of Lead in Water Systems

Insurance Journal

New Jersey has enacted new requirements around testing and disclosure of lead in public water systems. The new law (A2929/S1034) requires landlords to report information about the known or potential presence of lead in drinking water to tenants of re...

Posted: Sep 22, 2025

Flood Risk Solutions From Across the Pond

Insurance Thought Leadership

Flood Risk Solutions From Across the Pond Resilience & Sustainability

Posted: Sep 22, 2025

Illinois Labor Union to Pay $110K Over Race Discrimination Lawsuit

Insurance Journal

Sunnybrook Union, a labor union representing teachers and educational support staff in the Sunnybrook School District in Lansing, Illinois, will pay $110,000 and provide other relief to settle a race discrimination case filed by the U.S. Equal Employ...

Posted: Sep 22, 2025

Munich Re backs epidemic and pandemic insurance for Maldives tourism industry

Reinsurance News

Munich Re, one of the world’s largest reinsurance companies, has joined forces with Trust Edge Risk Solutions, Equirus Raghnall Brokers, and Solarelle Insurance to launch the Maldives’ first insurance policy designed specifically to address...

Posted: Sep 22, 2025

Electric Tractors Gain Traction Among Farmers Seeking Eco-Friendly Options

Insurance Journal

In the soft dirt of an indoor horseback riding ring last month, a group of farmers got ready to test drive a new piece of equipment: an electric tractor. As they took turns climbing in — some surprised by its …

Posted: Sep 22, 2025

Hundreds of Flights Snarled at Dallas Airports Over Equipment Issues, FAA Says

Insurance Journal

Hundreds of flights in and out of Dallas were delayed or canceled Friday as telecommunications equipment issues disrupted one of the nation’s busiest airports, federal officials said The Federal Aviation Administration said it was slowing fligh...

Posted: Sep 22, 2025

People Moves: Alliant Adds Cox to Employee Benefits Team

Insurance Journal

Veteran benefits consultant Terry Cox has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Austin, Texas, Cox will serve a national client base, bringing more than three decades of experience as...

Posted: Sep 22, 2025

Willis Re names Adrian Fahy as Chief People Officer

Reinsurance News

Adrian Fahy has been named Chief People Officer of Willis Re, where he will lead the firm’s global people function, overseeing talent strategy, culture and engagement, learning and development, total rewards, and inclusion and diversity. &#8...

Posted: Sep 22, 2025

Report: Man Who Died on Universal Orlando Roller Coaster Had Spinal Condition

Insurance Journal

Emergency workers who responded to Universal Orlando Resort’s newest park for a man who had become unresponsive on a roller coaster originally were told he had lacerations. But when they got to the ride, he wasn’t breathing and eventually...

Posted: Sep 22, 2025

Everest opens new office in India GIFT City to boost APAC business

Reinsurance News

Everest Reinsurance, the reinsurance division of Everest Group, is opening a new office in Gujarat International Finance Tec-City (GIFT City), India, following regulatory approval from the International Financial Services Centres Authority (IFSCA)...

Posted: Sep 22, 2025

NC Judge Orders Insurers to Pay $50M in TV News Helicopter Crash Death

Insurance Journal

A North Carolina judge has ordered $50 million be paid to the family of a Charlotte TV station meteorologist who was killed in a helicopter crash three years ago after finding the companies that owned and operated the aircraft liable …

Posted: Sep 22, 2025

Stellantis Detects Breach at Third-Party Provider for North American Customers

Insurance Journal

Stellantis detected unauthorized access to a third-party service provider’s platform that supports its North American customer service operations, the company said in a statement on Sunday. The automaker said the incident, which is under invest...

Posted: Sep 22, 2025

Neptune Insurance seeks up to $423.7m in IPO

Reinsurance News

Neptune Insurance Holdings, the parent company of Neptune Flood, has launched an initial public offering (IPO) that could raise up to $423.7 million. Selling securityholders are offering 18,421,053 shares at an expected price range of $18 to $20 p...

Posted: Sep 22, 2025

Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop

Carrier Management

Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop Marsh McLennan lost 358 employees...

Posted: Sep 22, 2025

The MEMIC Group to Acquire The Dakota Group, Including Risk Administration Services

Carrier Management

The MEMIC Group to Acquire The Dakota Group, Including Risk Administration Services Workers compensation spe...

Posted: Sep 22, 2025

Jury Awards $83 Million in Asbestos Case Involving Ceramics Products

Insurance Journal

A Massachusetts jury has awarded $83 million to the estate of a woman who died from mesothelioma caused by asbestos in ceramics products. The jury returned the verdict against the maker of the ceramics products, American Art Clay Co. The …

Posted: Sep 22, 2025

No real concern for property cat rate declines ahead of 1/1: Peel Hunt

Reinsurance News

Peel Hunt, a UK-based equity research and advisory firm, reports that there is no significant concern over rate declines in property catastrophe at 1/1, even in the event of a benign hurricane season. According to Peel Hunt analysts, during the Mo...

Posted: Sep 22, 2025

SanlamAllianz Re selects Tobias Suek as new CEO

Reinsurance News

SanlamAllianz Re, the reinsurance arm of SanlamAllianz, has appointed Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval. Suek, who replaces Ilyes Hassib, joined Allianz in 2007 and has held se...

Posted: Sep 22, 2025

Placing Platform Limited fully integrates digital contract functionality

Reinsurance News

Placing Platform Limited (PPL), a provider of insurance placement technology, has introduced a new edition of its digital contract system, developed by Artificial. This release marks the full integration of digital contract functionality within PP...

Posted: Sep 22, 2025

Ardonagh Europe Agrees to Acquire French Broker, Groupe Leader Insurance

Insurance Journal

Ardonagh Europe, part of The Ardonagh Group and headquartered in Dublin, Ireland, has agreed to acquire Groupe Leader Insurance (GLI), one of the top 10 wholesale and multi-specialist brokers in France. Founded in 2003 by entrepreneur Yoann Chery, GL...

Posted: Sep 22, 2025

RSA names Brown VP, Change & Technology Delivery for UK Specialty Lines business

Reinsurance News

RSA, a multinational personal and commercial insurer operating across Europe and an Intact company, has announced the appointment of Beccy Brown as Vice President, Change & Technology Delivery for its UK Specialty Lines business. Brown, who wi...

Posted: Sep 22, 2025

People Moves: Lockton Re Taps Le Flufy From Gallagher Re as Global Head of Cyber; Marsh McLennan Pro...

Insurance Journal

This edition of International People Moves details appointments at Lockton Re and Marsh McLennan. A summary of these new hires follows here. Lockton Re Taps Le Flufy From Gallagher Re as Global Head of Cyber Lockton Re, the reinsurance business &#823...

Posted: Sep 22, 2025

Wildfire Smoke Set to Cause Mounting Deaths and Economic Losses

Insurance Journal

Increased wildfire smoke could lead to 1.4 million premature deaths globally each year by the end of this century, according to a new study. Scientists at China’s Tsinghua University found that early deaths linked to particulate matter in wildf...

Posted: Sep 22, 2025

Lockton Re adopts CyberCube’s Exposure Manager

Reinsurance News

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has adopted CyberCube’s newly launched product, Exposure Manager (XM). The company is the first reinsurance broker to adopt the product, which aims to “revol...

Posted: Sep 22, 2025

Generali’s $2.2 Trillion Natixis Tie-Up Faces Growing Doubts

Insurance Journal

Eight months after Assicurazioni Generali SpA and BPCE SA announced their intention to create Europe’s second-biggest asset manager, their plan is looking increasingly fragile. Neither firm has yet submitted the contract for signing to their re...

Posted: Sep 22, 2025

Synthetik appoints Harris as Global Head of Partnerships and Distribution

Reinsurance News

Synthetik, a developer of advanced computational modelling and AI-powered solutions for the re/insurance industry, has announced the appointment of Matt Harris as Global Head of Partnerships and Distribution. Harris brings a wealth of experience i...

Posted: Sep 22, 2025

The Most Common Trucking Cargo Claims and How to Avoid Them

Insurance Journal

This post is part of a series sponsored by IAT Insurance Group. Transporting cargo is more complex than just getting it from one location to another. Reduce your risk by implementing safety and cargo protective practices. Download eBook here

Posted: Sep 22, 2025

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

Insurance Journal

China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric ca...

Posted: Sep 22, 2025

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

Insurance Journal

China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric ca...

Posted: Sep 22, 2025

PERILS places final industry loss estimate for 2024 Central Europe floods at €2.15bn

Reinsurance News

Zurich-based catastrophe insurance data provider PERILS has released its fourth and final insurance industry loss estimate for the floods that struck Central Europe and Italy between September 14 and 20, 2024, totalling €2.153 billion. The final f...

Posted: Sep 22, 2025

Super Typhoon Lashes Philippines on Track Toward Hong Kong

Insurance Journal

Hong Kong is bracing for widespread damage and disruption from the approaching Super Typhoon Ragasa, which is currently churning off the northeast coast of the Philippines with tree-snapping winds. The powerful storm is packing maximum sustained wind...

Posted: Sep 22, 2025

Europe Air Travel Snarls Continue After Cyberattack

Insurance Journal

Airports in Berlin, London and Brussels faced continued delays on Sunday after a cyberattack on a key airline check-in system forced staff to process passengers manually. The outage stems from a cyber incident at Collins Aerospace that knocked out it...

Posted: Sep 22, 2025

Update: Ransomware Hack Caused Europe Airport Delays, Canceled Flights

Insurance Journal

A cyberattack that forced airlines to cancel and postpone flights at several major European airports was caused by ransomware that disrupted the software used to process passenger check-ins, according to a European cybersecurity agency. The incident,...

Posted: Sep 22, 2025