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Acrisure completes acquisition of Global Payments’ payroll business

Reinsurance News

Global fintech Acrisure, has completed the acquisition of Heartland Payroll from Global Payments, Inc. for $1.1 billion. Heartland Payroll is considered one of the largest payroll and human capital management (HCM) companies in the United States....

Posted: Oct 01, 2025

People Moves: AXA XL Reinsurance Appoints Kopf From Swiss Re as Senior Underwriter Aviation; Aon Pro...

Insurance Journal

This edition of International People Moves details appointments at AXA XL Reinsurance and Aon. A summary of these new hires follows here. AXA XL Reinsurance Appoints Kopf From Swiss Re as Senior Underwriter Aviation AXA XL Reinsurance announced that...

Posted: Oct 01, 2025

October 2025 ITL FOCUS: Talent Gap

Insurance Thought Leadership

October 2025 ITL FOCUS: Talent Gap Talent Gap sradomski

Posted: Oct 01, 2025

Adrian Morgan to lead Insurwave as CEO

Reinsurance News

Insurwave, an AI-driven exposure management company for specialty insurance, has announced the appointment of Adrian Morgan as Chief Executive Officer (CEO). Known for driving digital transformation and scaling technology solutions for the insuran...

Posted: Oct 01, 2025

WHAT NEW PRODUCERS GET WRONG AND HOW TO FIX IT

Rough Notes

Five common mistakes to correct with the right mindset and strategy By Brandon Aguirre There is no shortage of advice for new insurance producers. Much of it sounds good in theory, but after spending time in the trenches myself as a producer, working...

Posted: Oct 01, 2025

FARM AND AG: THE SEQUEL

Rough Notes

Conference sessions discuss workers compensation/employers liability and agritainment By Christopher W. Cook It’s that time of year again. Harvest time. Disclaimer: I know we’re all in a hurry, but please give farmers room on the road. As I mentioned...

Posted: Oct 01, 2025

PROFESSIONAL LIABILITY

Rough Notes

It’s generally a pretty stable line, but here comes artificial intelligence By Joseph S. Harrington, CPCU If the market for professional liability insurance were a body of water, you could say it was one of strong currents but few tempests. From time...

Posted: Oct 01, 2025

Missouri Insurance Agent Charged With Fraud

Insurance Journal

Missouri Attorney General Catherine Hanaway announced today that her Office has filed felony charges against a St. Peters insurance agent following an investigation into deceptive practices. Pamela Walsh faces nine counts of Deceptive Business Practi...

Posted: Oct 01, 2025

A Solution for the Talent Gap?

Insurance Thought Leadership

A Solution for the Talent Gap? Talent Gap sradomski

Posted: Oct 01, 2025

World Acquires Indiana’s ACB

Insurance Journal

World Insurance Associates LLC announced that it acquired the business of ACB Insurance Inc. (“ACB”) of Indianapolis, Indiana on June 1, 2025. Terms of the transaction were not disclosed. ACB provides insurance to individuals, families an...

Posted: Oct 01, 2025

Swiss Re finds reinsurance reduces solvency capital and enhances liquidity for UK life insurers

Reinsurance News

According to Swiss Re, the global reinsurer, insurers can use reinsurance strategically to improve balance sheet efficiency and manage liquidity in response to ongoing market volatility. Swiss Re observes that in 2025, UK life insurers face pressu...

Posted: Oct 01, 2025

HOSPITAL INSURANCE EVOLVES

Rough Notes

Product responds to needs and advances in care and more By Len Strazewski Twenty-five years or so ago, hospital indemnity insurance was a throw-in benefit, an inexpensive supplemental insurance that paid per diem cash benefits to hospitalized employe...

Posted: Oct 01, 2025

Florida Painting Firm Fined $877,000 After Worker’s Fatal Fall From Savannah Bridge

Insurance Journal

The U.S. Occupational Safety and Health Administration has fined a Florida commercial painting contractor $877,000 – one of the largest OSHA fines in recent years – six months after a worker fell from a bridge near Savannah, Georgia. Seminole Equipme...

Posted: Oct 01, 2025

Gerardo Polanco to lead Aon’s Iberia Reinsurance team

Reinsurance News

Global insurance and reinsurance broking group Aon has announced the appointment of Gerardo Polanco as General Manager of the company’s Iberia Reinsurance team, effective immediately. In his new role, Polanco will be responsible for fostering coll...

Posted: Oct 01, 2025

Cyber Tops List of Business Risks With Geopolitical Volatility Surging Into Top 10: Aon

Insurance Journal

Geopolitical volatility has surged into a top 10 business risk with cyber risk remaining the number one concern globally, followed by business interruption at number two, according to Aon’s 2025 Global Risk Management Survey, which has tracked...

Posted: Oct 01, 2025

AM Best Affirms Performance Assessment of MGA First Indemnity

Insurance Journal

AM Best has affirmed its Performance Assessment of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. of Boston. AM Best said the outlook of the assessment is stable. The ratings firm said its PA-3 assessment of the Massachusetts-based managing...

Posted: Oct 01, 2025

US Government Shutdown Curtails Key Weather and Climate Programs

Insurance Journal

The closure of the federal government will curtail or halt some US climate disaster preparedness and environmental programs — and even potentially delay real estate transactions within the nation’s flood zones. That’s because the major so...

Posted: Oct 01, 2025

New Chapter: Jensen Named CEO of Georgia-Based Southern Trust Insurance

Insurance Journal

Southern Trust Insurance, a 57-year-old boutique property-casualty insurer with headquarters in Macon, Georgia, has appointed Douglas Jensen president and chief executive officer. Jensen, with more than 30 years in insurance industry leadership roles...

Posted: Oct 01, 2025

U.S. Government Shutdown Curtails Key Weather and Climate Programs

Carrier Management

U.S. Government Shutdown Curtails Key Weather and Climate Programs The closure of the federal governme...

Posted: Oct 01, 2025

Hackers Hit Hundreds of Cisco Firewalls in U.S. Government

Carrier Management

Hackers Hit Hundreds of Cisco Firewalls in U.S. Government Hackers compromised firewall devices wit...

Posted: Oct 01, 2025

California insurance Commissioner Ricardo Lara backs Governor’s order on insurance stability

Reinsurance News

The California Department of Insurance announced that Commissioner Ricardo Lara supports Governor Gavin Newsom’s new executive order on insurance stability, calling it a key step toward protecting homeowners and communities across the state. “The...

Posted: Oct 01, 2025

Connecticut Family Is First to Sue Over Washington Plane Crash That Killed 67

Insurance Journal

The Connecticut family of one of the 67 people killed when an airliner collided with an Army helicopter over Washington, D.C., sued the government and the airlines involved last week, saying they didn’t recognize the warning signs after more th...

Posted: Oct 01, 2025

Hannover Re announces key leadership changes in ILS & retrocession

Reinsurance News

Global reinsurer Hannover Re has announced key leadership transitions and appointments within its Insurance-Linked Securities (ILS) and retrocession activities. Henning Ludolphs, Managing Director Retrocession and Capital Markets at Hannover Re, w...

Posted: Oct 01, 2025

Europe’s big four reinsurers could see €2bn+ of surplus earnings from benign loss activity

Reinsurance News

With loss activity in 2025 proving “exceptionally benign” since the LA wildfire losses in Q1, Autonomous has suggested the big four European reinsurers (Munich Re, Swiss Re, Hannover Re, and SCOR) could see a collective benefit of almo...

Posted: Oct 01, 2025

Neptune Insurance announces $20 per share IPO

Reinsurance News

Neptune Insurance Holdings Inc., the parent company of managing general agent Neptune Flood, has announced the pricing of its initial public offering (IPO) for the sale of 18,421,053 shares of its Class A common stock at $20 per share. Neptune fil...

Posted: Oct 01, 2025

India Native Truck Driver in Fatal Florida Crash Pleads Not Guilty

Insurance Journal

A commercial truck driver accused of making an illegal U-turn that killed three people on a Florida highway last month waived his first appearance hearing Monday and entered a not guilty plea, court records show. Harjinder Singh, a 28-year-old native...

Posted: Oct 01, 2025

Andrew Preston to serve as Chariot Re CFO

Reinsurance News

Chariot Re, a Bermuda-based Class E life and annuity reinsurance company, has appointed Andrew Preston as its Chief Financial Officer (CFO), effective October 1st, 2025. Co-sponsored by MetLife and General Atlantic and backed by Chubb and other in...

Posted: Oct 01, 2025

Deadliest Philippine Quake in 12 Years Kills 69, Rescue Underway

Insurance Journal

At least 69 people were killed and more than 100 injured after a 6.9 magnitude earthquake struck central Philippines Tuesday night, flattening buildings, as officials hastened search and rescue efforts. Most of the deaths happened as people were crus...

Posted: Oct 01, 2025

Jennifer Kopf joins AXA XL aviation reinsurance team as Senior Underwriter

Reinsurance News

AXA XL Reinsurance has announced the appointment of Jennifer Kopf as Senior Underwriter Aviation Reinsurance, a Zurich-based role. In her new role, Kopf will be responsible for underwriting a diverse portfolio of aviation reinsurance business. She...

Posted: Oct 01, 2025

Moody’s estimates $6tn in US GDP losses from climate and natural disaster risks by 2050

Reinsurance News

Moody’s, a provider of credit ratings, has released a detailed assessment of the potential economic and financial consequences of natural catastrophes and physical risk by 2050. Their findings indicate that, without additional policy interventions...

Posted: Oct 01, 2025

AI Drives Weather Data Demand Surge for Europe’s Top Forecaster

Insurance Journal

Europe’s biggest weather forecaster is reporting record demand for its data, as energy traders, insurers, shipping lines and tech companies rush to improve the accuracy of their AI models.In 2024, the number of commercial firms buying licenses...

Posted: Oct 01, 2025

Howden Re International names Ilka Freitag & Cem Nart as DACH Facultative Directors

Reinsurance News

Howden Re International has announced the appointments of Ilka Freitag and Cem Nart as Directors, DACH Facultative Reinsurance. In their new roles, Freitag and Nart join a growing team of facultative specialists in Europe, based in Hamburg and Col...

Posted: Oct 01, 2025

Generali’s RT1 bond raises €500m, reinforcing financial strength

Reinsurance News

Italian headquartered insurer Generali has announced the successful placement of its first perpetual Restricted Tier 1 (RT1) bond, a transaction that is aimed at further optimising its strong capital position. The RT1 bond raised €500 million &#82...

Posted: Oct 01, 2025

Kuvare Life Re opens Representative Office in Tokyo to boost Asia expansion

Reinsurance News

Kuvare Life Re, the reinsurance affiliate of Kuvare Holdings, has established a Japan Representative Office, boosting its strategic expansion into the Japanese and Asian markets. KLR has also appointed Daisuke Nagamori as Chief Representative, Asi...

Posted: Oct 01, 2025

Vietnam Estimates Property Damage From Typhoon Bualoi at $303 Million

Insurance Journal

Vietnam’s government said Typhoon Bualoi caused an estimated 8 trillion dong ($303 million) of property damage this week, saying in a preliminary assessment on Wednesday that nearly 170,000 houses were damaged or inundated by flooding. Bualoi m...

Posted: Oct 01, 2025

Ritchie appointed Fergus Re CEO, Dadlani to become Chairman of the Board

Reinsurance News

Bermuda-based reinsurance company, Fergus Re has announced the appointment of Stewart Ritchie as Chief Executive Officer (CEO), succeeding Navin Dadlani, who will assume the role of Chairman of the Board. With this strategic move, Fergus Re, a spe...

Posted: Oct 01, 2025

Liberty Mutual introduces global cyber product suite

Reinsurance News

Liberty Mutual Insurance, a provider of property and casualty insurance solutions, has introduced a new suite of cyber products designed to support businesses with comprehensive coverage and incident response. The suite combines worldwide expertis...

Posted: Oct 01, 2025