All Posts
Liability Waiver Won’t Shield Vail Resorts From $21M Ski Lift Fall Verdi...
Posted: Sep 08, 2025
‘Urgent Action’ Needed to Protect Workers From Rising Temperatures Governments and...
Posted: Sep 08, 2025
Tornadoes Considered Scariest Natural Disaster: Survey New research sugg...
Posted: Sep 08, 2025
Two Upgrades and a Downgrade: Rating Action...
Posted: Sep 08, 2025
French prosecutors stepped up an investigation into Royal Philips NV for potentially causing danger to human health with breathing devices, tasking a magistrate with deeper probing powers to lead the case. Paris prosecutors said on Monday that the de...
Posted: Sep 08, 2025
Specialty insurance broker Price Forbes has appointed Eric Wang Mingchao as the Head of Affinity, Singapore, reporting to Julian Coates, Chief Broking Officer, Price Forbes Singapore. In his new role, Mingchao will lead and grow the broker’s...
Posted: Sep 08, 2025
Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars in damages is jeopardizing its ability to continue providing power to hundreds of thousands of customers...
Posted: Sep 08, 2025
Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and Jessica Cullen appointed head of excess casualty and operations. Rapciewicz will oversee the strategi...
Posted: Sep 08, 2025
Starting in January, workers’ compensation insurance rates for Florida businesses could drop by an average of 7%. The National Council on Compensation Insurance last week recommended an average rate decrease of 6.9% for the voluntary market, ef...
Posted: Sep 08, 2025
During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Urs Baertschi, CEO Property & Casualty Reinsurance at Swiss Re, said that there is a reasonable balance between insurance and reinsurance companies around risk sharing for natural...
Posted: Sep 08, 2025
Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insura...
Posted: Sep 08, 2025
Florida Surgeon General Joseph Ladapo said there’s no need to do projections of the potential effects of ending vaccine mandates for children, as Governor Ron DeSantis pushes to make his state the first one to scrap immunization requirements. &...
Posted: Sep 08, 2025
The immigration raid on a Georgia EV battery plant run by two South Korean firms has rattled Seoul, coming less than two weeks after President Lee Jae Myung’s White House meeting with Donald Trump where Korean companies pledged to invest …...
Posted: Sep 08, 2025
Most California homes were built long before the state required that they be constructed to withstand wildfires. Now, sellers of older homes in high-risk areas must disclose to potential buyers not only a dwelling’s susceptibility to fire but w...
Posted: Sep 08, 2025
Innovation, technology, and a culture of experimentation are essential for the reinsurance industry to close the protection gap, said Jean-Jacques Henchoz, Chairman of the Board at BMS Group and former Hannover Re CEO, speaking at PwC’s annual bre...
Posted: Sep 08, 2025
Ryan Specialty Launches New Sidecar to Support Its Delegated Un...
Posted: Sep 08, 2025
A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …
Posted: Sep 08, 2025
A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …
Posted: Sep 08, 2025
Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurer also closed on a $200 million debt facility, $145 million of which was used to...
Posted: Sep 08, 2025
Kin, a direct-to-consumer home insurer, has closed an oversubscribed $50 million Series E round at a $2 billion pre-money valuation, led by QED Investors and Activate Capital with participation from both new and existing backers. Simultaneously, t...
Posted: Sep 08, 2025
Everest Insurance, the insurance division of Everest Group, recently announced the launch of EverBuild, an enhanced Builder’s Risk coverage form. EverBuild underscores the company’s long-standing commitment to supporting the construction...
Posted: Sep 08, 2025
A federal bankruptcy judge on Friday signed off on a $246 million fund to pay abuse claims as part of the Catholic Diocese of Rochester’s Chapter 11 reorganization plan to emerge from bankruptcy. Having witnessed six years of bankruptcy proceed...
Posted: Sep 08, 2025
Howden Re, the global reinsurance broking arm of Howden Group, has partnered with Reask, a provider of climate-driven modelling solutions to enhance insurers’ ability to assess and manage the growing impact of emerging perils in France and the UK....
Posted: Sep 08, 2025
Ames & Gough, headquartered in McLean, Virginia, appointed Lauren Martin and Jessie Witherow as vice presidents and of Nicole Gonzalez and Katie O’Brien as assistant vice presidents. All four executives are based in the firm’s Washing...
Posted: Sep 08, 2025
Bermuda-based insurance technology firms CatX and Cactus have announced plans to merge, forming the island’s largest insurance software company. CatX provides AI-based risk intelligence and workflow tools for property, specialty, and catastrophe i...
Posted: Sep 08, 2025
A softer reinsurance market will prevail during the Jan. 1 reinsurance renewals. The only question is how much more softening will happen and how fast, leaders of Guy Carpenter said during a recent media briefing. Laurent Rousseau, Guy Carpenter̵...
Posted: Sep 08, 2025
New York Attorney General Letitia James announced a resolution of her office’s lawsuit to protect Buffalo children and families from lead poisoning in their homes. An agreement filed Friday in Erie County Supreme Court settles the lawsuit and r...
Posted: Sep 08, 2025
Alphabet’s Google was hit with a 2.95-billion-euro ($3.45 billion) European Union antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction that riled up U.S. President Donald Trump. The fine, th...
Posted: Sep 08, 2025
Despite navigating an evolving risk landscape, the global specialty insurance and reinsurance market is healthy, supported by strong fundamentals, such as reinsurer consensus on price adequacy, increased retained earnings, growth in dedicated rein...
Posted: Sep 08, 2025
Pricing in the Asia-Pacific (APAC) reinsurance market is expected to remain soft in 2025, which reflects increased capacity and ample retrocession, Fitch Ratings’ Asian Reinsurance Monitor: 2025. The result is increased competition in an environme...
Posted: Sep 08, 2025
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning at the reinsurer’s breakfast briefing in Monte Carlo at RVS 2025, that the company will continue to benefit from increased demand as it...
Posted: Sep 08, 2025
Aon, a global insurance and reinsurance broking group, has launched an enhanced Event Analytics platform with the aim of providing integrated hazard, exposure, and loss data via a single, seamless interface. Aon explained, this solution supports r...
Posted: Sep 08, 2025
In an interview with Reinsurance News around the annual meeting of the reinsurance industry in Monte Carlo, Charles Goldie, Chief Underwriting Officer at MS Reinsurance, said he expects the January 1st, 2026, renewals to resemble last year’s, whil...
Posted: Sep 08, 2025
Insurance Business Magazine - US
Posted: Sep 08, 2025
Ryan Specialty, an international specialty insurance firm, has launched a new collateralised reinsurance vehicle, Ryan Alternative Capital Re, Ltd. (RAC Re), to expand capacity within Ryan Specialty Underwriting Managers’ (RSUM) portfolio of syndi...
Posted: Sep 08, 2025