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Insurance Business Magazine - US
Posted: Sep 02, 2025
Insurance Business Magazine - US
Posted: Sep 02, 2025
Insurance Business Magazine - US
Posted: Sep 02, 2025
Insurance Business Magazine - US
Posted: Sep 02, 2025
ICEYE, a global leader in satellite-powered disaster management solutions, has expanded its multi-peril change detection portfolio with the launch of an Earthquake with Fire Following capability, initially available in California. The new solution...
Posted: Sep 02, 2025
Credit ratings agency AM Best has placed the Financial Strength Rating (FSR) of Sompo Japan Insurance Inc. and its subsidiaries under review with positive implications, citing potential “material benefits in Sompo group’s business profile fo...
Posted: Sep 02, 2025
Westfield Specialty International, a specialty insurance provider, has strengthened its claims leadership with the appointment of Melanie Gilbert as Head of Third Party Claims. Based in London, Gilbert will report to Katie MacGregor, Director of O...
Posted: Sep 02, 2025
Insurer confidence in the Australian Reinsurance Pool Corporation (ARPC) remains high, according to the latest 2024/25 Insurer Customer Survey, conducted independently by ORIMA Research. Among its key findings, the survey – which captured fe...
Posted: Sep 02, 2025
Hackers on Friday broke into Sinqia, a financial technology provider owned by Evertec, attempting to steal around 420 million reais ($77.4 million) from several Brazilian financial institutions including HSBC Holdings Plc’s local operations, O...
Posted: Sep 02, 2025
Homeland Security Secretary Kristi Noem announced that she fired two dozen employees from the Federal Emergency Management Agency after a review determined significant flaws had allowed a hacker to access to FEMA’s network. The employees “...
Posted: Sep 02, 2025
The Federation of European Risk Management Associations (FERMA) has highlighted a critical gap in adequate and accessible insurance coverage to support Europe’s transition to net zero, urging the re/insurance industry to recognise its vital role i...
Posted: Sep 02, 2025
New Jersey’s governor is asking federal officials to impose restrictions on nonessential helicopter flights in his state after a New York City sightseeing helicopter broke apart in midair in April, killing six people. Gov. Phil Murphy, in an Au...
Posted: Sep 02, 2025
WhatsApp said Aug. 29 it discovered an advanced cyberespionage effort that took advantage of a chain of security vulnerabilities in the app and Apple devices to hack them. A researcher with Amnesty International said unidentified members of civic gro...
Posted: Sep 02, 2025
The number of products recalled across the U.S. in the second quarter fell 31.5% from 125.37 million units in the first quarter to 85.87 million in Q2, a new report shows. This level marked the lowest quarterly total since the …
Posted: Sep 02, 2025
A divided U.S. appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s use of the levies as a key international economic policy tool. The court allowed the tariffs to remain i...
Posted: Sep 02, 2025
A Florida appeals court has put another nail in the idea that the state’s limits on attorney fees can be applied retroactively to policies issued before the landmark legislative changes were enacted in 2022 and 2023, despite arguments to the &#...
Posted: Sep 02, 2025
Players Health, a Minneapolis-based provider of athlete safety and insurance solutions, is committing 1% of its revenue to directly fund programs, equipment, and support for underserved youth through the Players Health Foundation. Launched in 2022, t...
Posted: Sep 02, 2025
As Asia’s population ages rapidly, insurers must adjust their strategies to meet the changing needs of older adults, according to Ping Ji, Matt Singleton, and Torben Swart of Swiss Re Group, a global reinsurance company that provides research and...
Posted: Sep 02, 2025
Hurricane Katrina claimed hundreds of lives, destroyed homes and changed how emergency response is dealt with forever. In this episode of “The Story Behind the AP Story,” retired Associated Press journalist Chevel Johnson Rodrigue recalls...
Posted: Sep 02, 2025
A Pennsylvania woman has been sentenced up to three years in prison for intentionally setting fire to her rented home in 2023 as a part of a scheme to collect an insurance payout. According to Pennsylvania Attorney General Dave Sunday, …
Posted: Sep 02, 2025
Eight months after the Palisades and Eaton wildfires in Los Angeles, commercial and residential policyholders continue to report unreasonably long delays, dubious denials, and conspicuously low settlements. Most prominently, the California FAIR Plan...
Posted: Sep 02, 2025
As catastrophic events increase in both frequency and severity, insurance professionals must adapt strategies to manage emerging risks and maintain strong relationships. The post
Posted: Sep 01, 2025
In this fictive scenario, a real estate investment company gets caught in a riptide when its insurance coverage is proved inadequate and misplaced. The post Jersey Shore Jumble...
Posted: Sep 01, 2025
The importance of care direction and the provider network. The post New Jersey WCMCO vs MCO appeared first on Risk & Insu...
Posted: Sep 01, 2025
Crum & Forster Upgraded to A+; Aspen, Sompo...
Posted: Sep 01, 2025
The initiative is part of Admiral’s broader investment in a sustainable, future-ready repair network.
Posted: Sep 01, 2025
Jensten serves small and medium-sized enterprises across the UK.
Posted: Sep 01, 2025
The move positions IAG as RACQ’s exclusive insurance underwriting partner.
Posted: Sep 01, 2025
Superian operates brands including Servca Group, Medicas, Synergio, and Stratify InsurTech.
Posted: Sep 01, 2025
US health insurers have come under significant pressure due to increased utilisation and higher medical costs across the industry, prompting AM Best to revise its outlook on the segment to negative from stable. In its recent report, AM Best highli...
Posted: Sep 01, 2025
Google's AI Nailed Its Hurricane Erin Forecast PaulCarroll
Posted: Sep 01, 2025
MSIG Singapore, a subsidiary of MS&AD Insurance Group, has partnered with MSIG Specialty Marine and appointed the firm as its underwriting agent to expand its marine capabilities. The move aligns with MSIG’s strategic growth ambitions an...
Posted: Sep 01, 2025
Bain Capital, the private investment firm, announced it has signed a definitive agreement to acquire Jensten Group, the UK-based commercial insurance distribution platform, from Livingbridge, a UK mid-market private equity investor. The investment is...
Posted: Sep 01, 2025
Howden Re, the reinsurance, capital markets, and strategic advisory business of global broker Howden Group, has announced two senior hires to establish its Iberian operations—an important advancement in the company’s international growth strategy....
Posted: Sep 01, 2025
According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish and players with accumulated capital mull takeovers of companies less succes...
Posted: Sep 01, 2025
Credit ratings agency AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Premia Reinsurance Ltd., Bermuda. The outlook assigned to these ratings is stabl...
Posted: Sep 01, 2025
Consilium, the global speciality re/insurance broking business of the Aventum Group, has announced the appointments of two new associates in its Professional and Executive Risk Solutions division. Michael Harte has been appointed Associate Partner...
Posted: Sep 01, 2025
Private investment firm Bain Capital has signed a definitive agreement to acquire Jensten Group, a UK commercial insurance broker, from Livingbridge, with the transaction expected to close in Q4 2024, subject to regulatory approvals. Founded in 19...
Posted: Sep 01, 2025
Insurance Business Magazine - US
Posted: Sep 01, 2025
Insurance Business Magazine - US
Posted: Sep 01, 2025
Willis, a WTW business, has announced the launch of a new specialty bloodstock insurance solution in partnership with Equine MediRecord, an equine digital health software company. The new product is designed to make the process of acquiring bloods...
Posted: Sep 01, 2025
A recent report by credit rating agency AM Best, indicates a growing trend of Japanese insurers ceding business directly to Bermudian reinsurers or through existing Bermudian-based affiliates, depending on which option is more cost-effective. Acco...
Posted: Sep 01, 2025
Retirement specialist Just Group has completed a £1 million full scheme buy-in with the Philippine National Bank Retirement Benefits Scheme, a transaction that was completed in June 2025 and insures the benefits of all members of the scheme. The S...
Posted: Sep 01, 2025