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People Moves: QBE Promotes Massé to Head of European Claims; Underwriting Agency Doe and Emuss Names...

Insurance Journal

This edition of International People Moves details appointments at QBE European Operations and London-based underwriting agency Doe and Emuss. QBE Promotes Massé to Head of European Claims Commercial insurer QBE has promoted Virginie Massé to the rol...

Posted: Aug 21, 2025

MGA sector delivers strong growth and industry impact in 2025: MGAA

Reinsurance News

The Managing General Agents’ Association (MGAA) has released its 2025 Annual Report, highlighting “a year of strong growth, innovation, and industry-wide impact across the MGA sector.” The report, which covers the period from August 2024 to July 2...

Posted: Aug 21, 2025

Coterie Insurance names Mike Albert and Allan Egbert to technology leadership roles

Reinsurance News

Coterie Insurance, a tech-enabled and data-focused managing general agent (MGA), has appointed Mike Albert as Chief Technology Officer and Allan Egbert as Chief Platform Officer. Albert and Egbert have worked with Coterie as advisors since early 2...

Posted: Aug 21, 2025

Somerset Re gets A rating from AM Best for new Bermuda life reinsurer

Reinsurance News

Somerset Life Re, a new reinsurance company domiciled in Bermuda and a subsidiary of Somerset Re, has received a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) from AM Best. The ratings reflect t...

Posted: Aug 21, 2025

Google Settles YouTube Children’s Privacy Lawsuit for $30 Million

Insurance Journal

Google will pay $30 million to settle a lawsuit claiming it violated the privacy of children using YouTube by collecting their personal information without parental consent, and using it to send targeted ads. A preliminary settlement of the proposed...

Posted: Aug 21, 2025

XPT Specialty adds three underwriters to drive regional growth

Reinsurance News

XPT Specialty, a wholesale broker for commercial and personal insurance, has announced the appointment of three new underwriters: Will Pinson, Janet Christenberry, and Charles Bethishou. The hires expand XPT Specialty’s operations into Atlanta and...

Posted: Aug 21, 2025

Scattered Spider Member Sentenced to 10 Years in String of Hacks

Insurance Journal

A member of a notorious cybercrime gang known as Scattered Spider was sentenced on Wednesday to ten years in prison in connection with a string of major hacks and cryptocurrency thefts. US District Judge Harvey Schlesinger delivered the sentence to &...

Posted: Aug 21, 2025

Hurricane Erin to Menace Eastern US Beaches Into the Weekend

Insurance Journal

Hurricane Erin is triggering dangerous beach conditions across much of the US East Coast that will likely last into the weekend, as the storm pushes north in the waning days of the summer travel season. Erin is not currently forecast …

Posted: Aug 21, 2025

Balance of power ‘slowly shifting back towards buyers’ ahead of Jan ’26 renewals: Antares CEO

Reinsurance News

Mike van der Straaten, Chief Executive Officer of Antares Global, a provider of insurance and reinsurance capacity, has said that the balance of power is shifting back towards buyers of reinsurance, with greater competition and gradually returning...

Posted: Aug 21, 2025

Aviation loss activity could drive market hardening into Q4, says Howden

Reinsurance News

According to analysts at Howden, the global insurance and reinsurance broking group, after a “relatively restrained” January 1st aviation renewal, a series of high-profile losses and evolving dynamics in the first half of 2025, market...

Posted: Aug 21, 2025

Markel Insurance names Alain Paris as Product Line Leader for Primary Casualty

Reinsurance News

Markel Insurance, the insurance division of Markel Group Inc., has appointed Alain Paris as Vice President, Product Line Leader – Primary Casualty, effective immediately. In this new role, Paris will be responsible for leading the primary ca...

Posted: Aug 21, 2025

Oka launches green credit insurance offering

Reinsurance News

Oka, the US carbon-credit insurance carrier, has announced the expansion of its climate risk solutions with the launch of a new green credit insurance offering. The expansion builds on Oka’s carbon products, and aims to de-risk a wider range of su...

Posted: Aug 21, 2025

GCC Islamic insurers set for earnings decline in 2025 despite strong revenue growth: S&P

Reinsurance News

Islamic and Takaful insurers in the Gulf Cooperation Council (GCC) are expected to see a sharp decline in earnings in 2025, despite continuing to benefit from solid revenue growth, according to S&P Global Ratings. S&P, a provider of credit...

Posted: Aug 21, 2025

Markets/Coverages: Willis Launches Global Digital Automatic-Follow Facility

Insurance Journal

Willis, a WTW business, announced the launch of Gemini, the first digital facility designed to deliver sustainable capacity locally to clients across their insurance portfolios. This solution is designed to address the increasing complexity of risk a...

Posted: Aug 21, 2025

Climate Change Accelerates Melting of Italy’s Ventina Glacier

Insurance Journal

Italy’s Ventina glacier, one of the biggest in northern Lombardy, has melted so much due to climate change that geologists can no longer measure it the way they have for the past 130 years. After this year’s hot summer, geologists …

Posted: Aug 21, 2025

AXA XL adds Eric Judd as Executive Underwriter in New York

Reinsurance News

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has appointed Eric Judd as an Executive Underwriter, based in New York, as the firm continues to build its energy underwriting team in the Americas. Jud...

Posted: Aug 21, 2025

Hackers Accessed 850,000 Orange Belgium Customer Accounts

Insurance Journal

Orange SA’s Belgian business said that hackers gained access to data from 850,000 customer accounts, in the third major cyberattack targeting the French telecommunications firm this year. The company detected that one of its IT systems had been...

Posted: Aug 21, 2025

India’s Nayara Turns to Dark-Fleet Tankers and Russian Oil for Survival

Insurance Journal

One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running. The oil &#8230...

Posted: Aug 21, 2025

Casualty reinsurance could reach tipping point if legal trends fail to stabilise: AM Best

Reinsurance News

According to AM Best, a credit rating agency and data provider specialising in the insurance industry, unstable legal trends in the US could cause casualty reinsurance to reach a tipping point where pricing no longer compensates for the volatility...

Posted: Aug 21, 2025

Ryan Financial Lines expands IAB E&O Program with admitted product

Reinsurance News

Ryan Financial Lines, a managing general underwriter (MGU) within Ryan Specialty Underwriting Managers, has expanded its national Insurance Agents & Brokers (IAB) E&O Program to offer an admitted product available in all US states except C...

Posted: Aug 21, 2025

Greenwashing Complaint Filed Against Canadian Fossil Fuel Companies

Insurance Journal

Canadian energy giants Cenovus Energy Inc. and Enbridge Inc. are facing a greenwashing complaint by an investor group that accuses the companies of misleading disclosures over emissions targets. Investors for Paris Compliance (I4PC) accused the oil s...

Posted: Aug 21, 2025

Litigation Funder’s Plan to Invest in Law Firms Called ‘Bad Policy,’ With Big Impacts

Insurance Journal

With more states adding or considering restrictions on third-party funding of lawsuits, one of the largest litigation finance firms is now planning to invest directly in some law firms. “We are pursuing strategic minority investments in firms w...

Posted: Aug 21, 2025

How to Keep Small Business Insurance Customers From Jumping Ship

Insurance Journal

Are property/casualty insurers facing a potential retention problem with small business customers? According to the J.D. Power 2025 U.S. Small Commercial Insurance Study, just 55% of customers say they “definitely will” renew with their c...

Posted: Aug 21, 2025

Montpelier Flood Mitigation Plan Calls for Removing Dam, Restoring Floodplain

Insurance Journal

In Montpelier, city officials plan to remove the Pioneer Street Dam and restore a nearby floodplain. Together, the projects are predicted to have compounding positive effects that reduce flood risk in the city. The Pioneer Street Dam — an old …

Posted: Aug 21, 2025

People Moves: CREST Appoints Gibbs Relationship Development Manager

Insurance Journal

CREST Insurance Group named Jennifer Gibbs relationship development manager for CREST’s personal lines division. Gibbs will work out if the firm’s San Diego, California, headquarters. Gibbs has more 20 years of experience in wholesale pro...

Posted: Aug 21, 2025

Transgender Runner Sues NCAA and College for Removal From Track Team

Insurance Journal

Long-distance runner Evie Parts has sued the NCAA and Swarthmore College as well as members of its athletic department, saying they illegally removed her from the track team because she is a transgender athlete. Parts’ lawsuit said the NCAA&#82...

Posted: Aug 21, 2025

Arizona, Nevada and Mexico Will Again Get Less Colorado River Water in 2026

Insurance Journal

Arizona, Nevada and Mexico will again live with less water from the Colorado River as drought lingers in the West, federal officials announced Friday. The Colorado River is a critical lifeline to seven U.S. states, 30 Native American tribes, and &#82...

Posted: Aug 21, 2025

Pennsylvania Finally Gets Its $200M Slice of Insurance Association’s Surplus Pie

Insurance Journal

Pennsylvania Attorney General Dave Sunday recently announced a $200 million transfer of funds from the Professional Liability Joint Underwriting Association (JUA) into the state’s general fund. The transfer was the result of the Attorney Genera...

Posted: Aug 21, 2025

Court Says Immunity Shields Former New York AG From Malicious Prosecution Claims

Insurance Journal

A federal judge has dismissed a case brought by a former New York City Council member alleging that a former New York State attorney general wrongly prosecuted him on the grounds that the former state official is protected by immunity. …

Posted: Aug 21, 2025

Ian Davis to lead the Vermont Captive Insurance Association as President

Reinsurance News

The Vermont Captive Insurance Association (VCIA), a global captive insurance trade association, has announced the appointment of Ian Davis as its new President. A highly respected leader, Davis brings to his new role over a decade of industry expe...

Posted: Aug 21, 2025

Viewpoint-AI Will Replace Most Humans, But Then What?: Jen

Insurance Journal

The opinions expressed here are those of the author, the CEO and co-CIO of Eurizon SLJ asset management. Is technology more job augmenting or job replacing? This has been a long-standing debate. But recent academic work suggests that technology has &...

Posted: Aug 21, 2025

Viewpoint – AI Will Replace Most Humans, But Then What?: Jen

Insurance Journal

The opinions expressed here are those of the author, the CEO and co-CIO of Eurizon SLJ asset management. Is technology more job augmenting or job replacing? This has been a long-standing debate. But recent academic work suggests that technology has &...

Posted: Aug 21, 2025

Hugo Insurance Exchange prepares Kentucky launch

coverager

, a leading AI claims platform, has partnered with InsureMO to enhance the efficiency of global insurance services. The collaboration integrates Qantev’s AI-driven solutions with InsureMO’s platform to optimise data transfer...

Posted: Aug 20, 2025

New York Life Joins Workday Wellness Partner Network

IIR

The insurer’s group benefits unit will integrate with Workday’s AI-powered platform to help employers streamline benefits administration.

Posted: Aug 20, 2025

State of the Commercial Transportation Insurance Market: Amwins

Carrier Management

State of the Commercial Transportation Insurance Market: Amwins The flee...

Posted: Aug 20, 2025

Researchers Are Resurrecting Billion-Dollar Disaster Tool Trump Killed

Carrier Management

Researchers Are Resurrecting Billion-Dollar Disaster Tool Trump Killed A climate nonp...

Posted: Aug 20, 2025

Protected: Why Insurance Specialization Has Become Critical for Managing Complex Risks

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: Why Insurance Specialization Has Become Cr...

Posted: Aug 20, 2025

States Reconsider Setting Speed Limits Based on Outdated 85% Rule

Carrier Management

States Reconsider Setting Speed Limits Based on Outdated 85% Rule Rose Hammond pushed authorities for y...

Posted: Aug 20, 2025

 Fine Arts Coverage Subject To Some Very Fine Conditions

Rough Notes

You can serve your clients well by providing important and knowledgeable guidance and support  When it comes time to make a claim, coverage for fine arts usually has exacting requirements for identifying a work, appraising its value, and establishing...

Posted: Aug 20, 2025

Coalition launches in France

coverager

Coalition is currently live in the US, UK, Canada, Australia, Germany, Denmark, Sweden, and France.

Posted: Aug 20, 2025

INTX adds embedded payments and financing

coverager

The partnership aims to streamline operations, improve efficiency, and enhance the customer experience across the insurance value chain.

Posted: Aug 20, 2025

Loadsure partners with Armstrong Transport Group

coverager

The integration allows Armstrong’s freight agents to quote, bind, and issue certificates of insurance directly within their TMS workflow

Posted: Aug 20, 2025

Bankers Insurance picks Sapiens for core system upgrade

coverager

Bankers specializes in managing hurricane and flood risks across the Southeastern U.S.

Posted: Aug 20, 2025

Aon unveils Next Gen FAB facility

coverager

Aon is launching a new insurance facility to help food, agribusiness, and beverage companies manage risks like supply chain disruption, climate change, and regulatory shifts.

Posted: Aug 20, 2025