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Last year, Fort Worth gained a new distinction as Texas’ fourth city with more than 1 million people. While other major Texas cities grew at a slower clip or struggled to regain residents it lost during the COVID-19 pandemic, Fort …
Posted: Sep 18, 2025
OpenAI patched a ChatGPT security flaw that could have allowed hackers to extract Gmail data from its users, according to researchers at cyber firm Radware. The issue was found in ChatGPT’s Deep Research agent, a tool launched in February to &#...
Posted: Sep 18, 2025
Natural gas cash prices in West Texas, which dipped below zero in recent days, sank to the lowest in almost 14 months, as traders expect pipeline maintenance in the area to stifle movement of the fuel for some time. Gas …
Posted: Sep 18, 2025
The Russian owner of a cargo ship linked to a cargo of ammonium nitrate at the center of the massive Beirut port explosion in 2020 has been arrested in Bulgaria, Lebanese judicial officials said Monday. The arrest of Igor Grechushkin …
Posted: Sep 18, 2025
After decades of scouring the bottom of Lake Michigan, searchers have finally found the wreckage of a “ghost ship” that sank during a ferocious storm almost 140 years ago off the Wisconsin coastline. The Wisconsin Historical Society and t...
Posted: Sep 18, 2025
The U.S. Chemical Safety and Hazard Investigation Board (CSB) provided an update this week on the agency’s ongoing investigation into the fatal July 29, 2025 explosion and fire at the Horizon Biofuels facility in Fremont, Nebraska. The incident...
Posted: Sep 18, 2025
This edition of International People Moves details appointments at Sompo and The Fidelis Partnership. A summary of these new hires follows here. Sompo Appoints Quane as CEO, International Markets Sompo, a leading global provider of commercial and con...
Posted: Sep 18, 2025
Howden is acquiring Gravitas Insurance Agency LLC, a Los Angeles-based retail brokerage specializing in contingency insurance for music, sports and live events. The deal, which is subject to customary closing conditions, follows Howden’s other...
Posted: Sep 18, 2025
Beacon Hill Associates, a division of Specialty Program Group LLC, will now operate as SPG Environmental under Specialty Program Group’s unified division, SPG Wholesale. SPG Environmental will still provide superior expertise, established carri...
Posted: Sep 18, 2025
The Bank of England (BoE) is hardening its approach on the use of funded reinsurance and offshore financing by UK life insurers, aiming to balance innovation with financial stability as the bulk purchase annuity (BPA) market continues its rapid ex...
Posted: Sep 18, 2025
The owner of Florida-based Oakes Farms, known for his political views and conspiracy theories, has no legitimate legal claim against a Florida school district that terminated the farm’s food-supply contract over COVID-19 concerns, a federal app...
Posted: Sep 18, 2025
Richard Watson, CEO of Lloyd’s specialty insurer Inigo Limited, has highlighted the significant growth opportunities following his firm’s acquisition by US-based Radian Group, noting that this growth will be measured and focused as Inigo continues...
Posted: Sep 18, 2025
kWh Analytics, a provider of climate insurance and risk management for renewable energy projects, has closed a parametric Wind Proxy Hedge risk transfer deal, backed by Munich Re, for Apex Clean Energy’s 79MW wind project in Virginia. The financia...
Posted: Sep 18, 2025
ServiceNow Inc. is expanding to West Palm Beach, Florida, opening a location for several hundred employees in a planned office tower being developed by billionaire Stephen Ross, the famed New York real estate magnate who broke from Related Cos. last...
Posted: Sep 18, 2025
Not a single named storm has formed in the Atlantic Ocean in nearly three weeks, even though it’s the peak of hurricane season. “Where the heck are the Atlantic #hurricanes?” Philip Klotzbach, a meteorologist at Colorado State Unive...
Posted: Sep 18, 2025
North Carolina Gov. Josh Stein on Monday requested $13.5 billion more from Congress in recovery aid for Hurricane Helene almost a year after the historic storm, saying additional help is needed from Washington to address record amounts of damage and...
Posted: Sep 18, 2025
China Reinsurance (Group) Corporation has announced the retirement of He Chunlei, chairman of the company’s Board, executive director and the chairman and member of the Strategy and Sustainable Development Committee under the Board of the Company....
Posted: Sep 18, 2025
Insurance Business Magazine - US
Posted: Sep 18, 2025
Executives on the Move at AmTrust, SiriusPoint AmTrust Financial Services Inc., headquartered in...
Posted: Sep 18, 2025
Addresscloud, a UK-based geocoding and property intelligence company serving the insurance sector, has received a new investment from London-based private equity firm Kester Capital. The funding marks the next phase in Addresscloud’s growth, with...
Posted: Sep 18, 2025
Nonprofits are under tremendous pressure. Brokers and underwriters can offer much needed assistance. The post HUB’s Recent Nonprofit...
Posted: Sep 18, 2025
Radian Group said on Thursday it would buy UK-based Inigo for $1.7 billion as the U.S. mortgage insurer seeks to transform into a global multi-line specialty insurer. The company’s expansion into the Lloyd’s global specialty market follow...
Posted: Sep 18, 2025
Radian Group said on Thursday it would buy UK-based Inigo for $1.7 billion as the U.S. mortgage insurer seeks to transform into a global multi-line specialty insurer, sending its shares up nearly 7%. The Pennsylvania-based company’s expansion i...
Posted: Sep 18, 2025
At the 67th Rendez-Vous de Septembre in Monte Carlo last week, Reinsurance News held its annual executive roundtable, during which eight experts and leaders from across the industry discussed the sustainability of current market conditions, the ou...
Posted: Sep 18, 2025
Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Renee McGowan as Chief Commercial Officer, International, effective October 1, 2025. McGowan will also continue to serve as CEO of Marsh McLennan India, Middle...
Posted: Sep 18, 2025
Lyft Inc. is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber Technologies Inc. Alphabet Inc.-owned Waymo, which has been conducting testing in ...
Posted: Sep 18, 2025
According to a new report from the World Economic Forum, developed in collaboration with Boston Consulting Group (BCG), without adaptive action, climate-driven health impacts could erode insurer profitability and push coverage costs higher for con...
Posted: Sep 18, 2025
Benefits consultant Rob Wolf has joined Alliant Insurance Services as vice president within its employee benefits group. Based in New Hampshire, Wolf has more than 25 years of experience spaning strategy, planning, underwriting, cost containment, and...
Posted: Sep 18, 2025
U.S. vehicle thefts fell 23% in the first six months of 2025 from the first half of last year, a report out Wednesday from the National Insurance Crime Bureau shows. There were 334,114 vehicle thefts reported in the first half …
Posted: Sep 18, 2025
Apollo Global Management Inc. is set to use a rare structure to raise $10 billion from insurers, people with knowledge of the matter said, in the latest illustration of the increasing ties between private capital and annuity providers. The New …...
Posted: Sep 18, 2025
Radian Group Inc., a US-based company primarily known for mortgage insurance, has reached a definitive agreement to acquire Inigo Limited, a Lloyd’s specialty insurer, in a transaction valued at $1.7 billion, mostly in cash, with the acquisition b...
Posted: Sep 18, 2025
Ben Rose, Co-Founder and President of Supercede, highlighted that the company has seen steady growth since its launch, with much of the expansion driven by brokers recognising the platform’s ability to streamline time-consuming, ‘table-stakes’ tas...
Posted: Sep 18, 2025
Insurance Business Magazine - US
Posted: Sep 18, 2025
Insurance Business Magazine - US
Posted: Sep 18, 2025
The London reinsurance market faces a looming crisis due to a lack of new talent. A recent survey by MS Amlin revealed that 68% of Britons would not consider an insurance career, while London Market Group figures show as many staff over 50 as unde...
Posted: Sep 18, 2025
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Alessandrea Quane as Chief Executive Officer, International Markets. In this role, Quane will report to James Shea, CEO of Sompo P...
Posted: Sep 18, 2025
Australia has detected the larvae of khapra beetles in imported nappies sold in supermarkets nationwide, the agriculture ministry said, raising concerns the pest could infest grain storages and disrupt agricultural exports. The ministry said in a sta...
Posted: Sep 18, 2025
Swiss Re, a reinsurance company based in Zurich, has released new research suggesting that GLP-1 weight-loss medications could substantially reduce mortality rates in the United States and the United Kingdom over the next two decades. According to...
Posted: Sep 18, 2025
Berkshire Hathaway Specialty Insurance (BHSI) has entered the Accident & Health Market in the UK, expanding the company’s global A&H footprint. BHSI launched Group Personal Accident and Business Travel Insurance, a new product tailored for...
Posted: Sep 18, 2025
RT Specialty, the wholesale brokerage division of Ryan Specialty, an international specialty insurer, has refreshed the brand and enhanced RT Connector, the digital marketplace streamlining specialty insurance marketing and placement for retail ag...
Posted: Sep 18, 2025
Trade Credit insurer Coface has announced the appointment of Christina Montes De Oca as the new CEO in the North America Region, taking over the role from Oscar Villalonga who is pursuing a career outside the Group. Montes De Oca will also be join...
Posted: Sep 18, 2025
NEXT Insurance, a digital insurtech specialising in small businesses, has secured an A+ Superior rating and an AA Superior long-term rating from credit rating agency, AM Best. NEXT’s upgraded rating, according to AM Best, demonstrates its financia...
Posted: Sep 18, 2025
Allianz Commercial Appoints Stewart as North American Head of Liability Global insurer Allianz Commercial, with U.S. headquarters in New York City, appointed Mary Ann Stewart as regional head of liability, North America, effective September 22. Based...
Posted: Sep 18, 2025
Climate change fueled scorching summer temperatures that killed an estimated 16,500 people in European cities this summer, pushing overall heat deaths to more than three times what might otherwise have occurred, according to a new study. The analysis...
Posted: Sep 18, 2025
Bamboo Insurance entered into a partnership with Accredited the companies say will provide availability and coverage options to homeowners across California. Bamboo’s E&S Signature product combines Bamboo’s tech-enabled underwriting p...
Posted: Sep 18, 2025
Police and rescue personnel in Marlborough, New Hampshire were dispatched earlier this month to the local Extra Space storage facility for a reported golf cart rollover and entrapment. The crews found the single occupant of the golf cart still pinned...
Posted: Sep 18, 2025
At a recent roundtable with New York executives, Heather Briccetti Mulligan remembers the frustration of a businessman who compared trying to file a permit for a $200 million construction project with ordering a pizza. The pizza could be tracked by &...
Posted: Sep 18, 2025
Syracuse, New York based financial services firm Community Financial System, Inc. is expanding its commitment to insurance by investing $37.4 million in the insurance business of Leap Holdings, Inc. Leap’s wholly owned subsidiary, Leap Insuranc...
Posted: Sep 18, 2025