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Drop in Stolen Vehicles Continues Through First Half of 2025: NICB Major drops in...
Posted: Sep 17, 2025
This edition of International People Moves details appointments at Arch Insurance and DUAL Europe. A summary of these new hires follows here. Arch Insurance Taps AXA XL’s Martins as Head of Executive Assurance, France Arch Insurance announced t...
Posted: Sep 17, 2025
Marsh McLennan lost 358 employees in the terrorist attack on the World Trade Center on Sept. 11, 2001, and in Washington today Michelle Sartain, who has worked at Marsh for more than 28 years, encouraged lawmakers to reauthorize the Terrorism …
Posted: Sep 17, 2025
Aon, a global insurance and reinsurance broking group, has announced the launch of Specialist Claims Solutions, a new offering created to help insurers drive profitability in an increasingly complex claims landscape. Insurers are currently facing...
Posted: Sep 17, 2025
An Alabama worker died from blunt force trauma after he he was performing maintenance inside an industrial concrete mixer, a coronor has determined. The investigation is continuing into the death of Edgar Earl Davis IV, age 29, who was pronounced ...
Posted: Sep 17, 2025
Moody’s Ratings, a provider of credit ratings, research, and risk analysis, announced that it has upgraded the insurance financial strength rating of AXA SA to Aa2 from Aa3. AXA, an insurance and asset management group, now carries a stable outloo...
Posted: Sep 17, 2025
UK Intermediary Specialist Risk Group Buys Broker Champion Insurance Specialist Risk Group (SRG), the London-based insurance intermediary, announced it has acquired Champion Insurance Group and its specialist subsidiaries Champion Professional Risks...
Posted: Sep 17, 2025
Two boys were turned in by their mothers Monday to face charges for allegedly causing $50,000 worth of vandalism damage to a central Florida elementary school’s media center, investigators said. The 12- and 13-year-old boys broke into Friendshi...
Posted: Sep 17, 2025
Stonybrook Risk Management, a wholly-owned subsidiary of Stonybrook Capital and licensed reinsurance intermediary, has completed a parametric insurance transaction for a Caribbean-based client. The transaction was led by parametric veteran Dan But...
Posted: Sep 17, 2025
You Re, a reinsurance company that combines traditional underwriting practices with a data-driven technology platform, announces that Dan Palardy has joined as Chief Actuary and Treaty Underwriter. His appointment follows the establishment of You...
Posted: Sep 17, 2025
Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar...
Posted: Sep 17, 2025
Hurricane Forecasts Are Missing the Mark as the Atlantic Stays Calm...
Posted: Sep 17, 2025
Homeowners insurance rates are rising at a pace not seen in more than a decade, so more customers are asking why they should stay loyal if they perceive their insurer isn’t reciprocating. According to a recent survey from J.D. Power, …
Posted: Sep 17, 2025
Karen Clark & Company (KCC), a catastrophe risk modelling firm that provides services to the insurance and reinsurance industry, has announced the release of RiskInsight Version 4.15, the latest iteration of its open loss modelling platform. T...
Posted: Sep 17, 2025
DUAL Underwriting Ireland DAC (DUAL) has announced a new high-net-worth (HNW) insurance partnership with Hiscox Ireland, in a move set to reshape the Irish high-net-worth (HNW) insurance landscape. The collaboration aims to create one of the large...
Posted: Sep 17, 2025
hyperexponential (hx) has expanded its AI-powered platform with the launch of Triage, a new product that enables commercial P&C insurers to respond to broker submissions faster, prioritise the right risks, and write more profitable business. T...
Posted: Sep 17, 2025
Willis Re, a specialised reinsurance broker, has hired Sankha Ghosh from AssuredPartners as Executive Vice President (EVP) and Group Chief Information Officer (CIO). Sankha has over 27 years of technology leadership experience, spanning across bus...
Posted: Sep 17, 2025
Insurance Business Magazine - US
Posted: Sep 17, 2025
The effects of climate change are intensifying but businesses globally are struggling to make transition plans that they can implement in the real world, according to a report released Wednesday by the London School of Economics and Political Science...
Posted: Sep 17, 2025
Guidewire, a provider of software solutions for the insurance industry, has commenced developing functionality for PolicyCenter on Guidewire Cloud tailored to the Japanese market. In order to accelerate the efforts, Guidewire will collaborate with...
Posted: Sep 17, 2025
Aon’s Elizabeth Henderson has highlighted a $223 billion climate protection gap, warning that traditional insurance models are often too slow and complex to keep pace with fast-moving climate disasters, particularly in resource-constrained r...
Posted: Sep 17, 2025
Insurance and risk management firm Gallagher has appointed Ryan Witchard as Executive Director of its Middle East & Africa Marine practice. In his new role, Witchard will oversee the team advising clients on shipping, cargo, hull, and machiner...
Posted: Sep 17, 2025
The cyberattack that’s brought Jaguar Land Rover Automotive Plc factories to a standstill is affecting suppliers, with some European parts makers forced to pause or scale back their own production. German company Eberspächer Gruppe GmbH & C...
Posted: Sep 17, 2025
Applied Crisis Underwriters, an affiliate of Applied Underwriters, has announced that it has been approved as a Lloyd’s coverholder. Based in London, New York, and Miami, Applied Crisis Underwriters provides specialised coverage for political viol...
Posted: Sep 17, 2025
Tangram Insurance Services has completed its spin-out from Heffernan Insurance Brokers and will become the inaugural portfolio company of Balavant Insurance Group, a newly formed holding company backed by investment from SkyKnight Capital. Tangram...
Posted: Sep 17, 2025
Specialty insurer and reinsurer SiriusPoint has announced the appointment of David Turner as Global Head of Claims, a London-based role. From October 7, 2025, Turner will lead the global Claims function, overseeing teams across London and New York...
Posted: Sep 17, 2025
Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Daniel Tasch as CEO of Marsh McLennan, Austria, effective 1st October 2025. Based in Vienna, Tasch will report to Cristian Fugaciu, Co-CEO of Marsh McLennan Ce...
Posted: Sep 17, 2025
Allianz Trade, a provider of trade credit insurance and a recognised expert in surety, collections, structured trade credit, and political risk, has announced the appointment of Hassan Omaish as Chief Executive Officer for Hong Kong, South Korea,...
Posted: Sep 17, 2025
Swiss Re has announced the formation of a single platform for its insurance-linked securities (ILS) investment management offering, combining two teams to provide investors with access to its entire suite of products through a single manager. Swis...
Posted: Sep 17, 2025
Moody’s Ratings, a provider of credit ratings, research and risk analysis, reported that the four biggest European reinsurers — Munich Re (insurance financial strength rating Aa3, positive outlook), Swiss Re (Aa3 stable), Hannover Re, and SCOR (A1...
Posted: Sep 17, 2025
AmTrust Names Fletcher and Thomas to Lead New E&S Premier Group AmTrust Financial Services Inc., headquartered in New York City, appointed Curt Fletcher as senior vice president and Matt Thomas as vice president of AmTrust’s newly establish...
Posted: Sep 17, 2025
Ares Management Corporation, an alternative investment manager, has named Anup Agarwal as Partner and Chief Investment Officer of Ares Insurance Solutions, where he will also serve as Head of the business. Agarwal will collaborate with David Reill...
Posted: Sep 17, 2025
Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, has expanded its investment management insurance (IMI) offering with a new modular format that provides up to $20 million capacity per risk. The move targets i...
Posted: Sep 17, 2025
Tesla Inc. reached a confidential deal to resolve a lawsuit by the family of a teenager who was killed in a 2019 California crash involving a Model 3 on Autopilot. The settlement disclosed in court filings marks the latest move …
Posted: Sep 17, 2025
A Georgia man has been arrested for at least the second time in four years, charged with posing as an insurance agent and selling fake workers’ compensation policies. Fernando Jose Cuellar Membreno, 54, was arrested in August after an investiga...
Posted: Sep 17, 2025
Orion180 Insurance launched of its FLEX Home Insurance product for California. FLEX is designed to give homeowners the ability to personalize policies, adjust coverage and deduct options based on risk exposure and financial goals. Orion180 has develo...
Posted: Sep 17, 2025
Global insurance broker World Insurance Associates LLC announced it acquired the business of William P. Smart Associates of Fairfield, New Jersey on June 1, 2025. Terms of the transaction were not disclosed. William P. Smart’s niche is the ente...
Posted: Sep 17, 2025
Federal health officials intend to award a contract to Rensselaer Polytechnic Institute to investigate whether there is a link between vaccinations and autism, according to a government procurement notice. The Troy, New York, engineering school is ge...
Posted: Sep 17, 2025
New York’s attorney general on Monday proposed regulations for its crackdown on addictive social media feeds for children, including rules for verifying a user’s age. The Stop Addictive Feeds Exploitation (SAFE) for Kids Act, passed last...
Posted: Sep 17, 2025
New York’s attorney general on Monday proposed regulations for its crackdown on addictive social media feeds for children, including rules for verifying a user’s age. The Stop Addictive Feeds Exploitation (SAFE) for Kids Act, passed last...
Posted: Sep 17, 2025
Democratic lawmakers are questioning whether a Boar’s Head deli meat plant at the center of last year’s deadly listeria outbreak will be fit to reopen. Rep. Rosa DeLauro, of Connecticut, sent a letter Monday asking company officials to ap...
Posted: Sep 17, 2025
Democratic lawmakers are questioning whether a Boar’s Head deli meat plant at the center of last year’s deadly listeria outbreak will be fit to reopen. Rep. Rosa DeLauro, of Connecticut, sent a letter Monday asking company officials to ap...
Posted: Sep 17, 2025
Democratic lawmakers are questioning whether a Boar’s Head deli meat plant at the center of last year’s deadly listeria outbreak will be fit to reopen. Rep. Rosa DeLauro, of Connecticut, sent a letter Monday asking company officials to ap...
Posted: Sep 17, 2025
The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers pay for workers’ compensation insurance in 2026. L&I says the increase would help pay for the rising cos...
Posted: Sep 17, 2025