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Protected: On-Demand Webinar — Tech-Forward, Budget-Smart: How MGAs Can Innovate Without Overspendin...

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: On-Demand Webinar — Tech-Forward, Budge...

Posted: Oct 03, 2025

Nudo becomes US casualty segment leader of Aon Reinsurance Solutions

Reinsurance News

Aon, the global re/insurance broking group, has announced that it has appointed Nick Nudo as U.S. casualty segment leader of the firm’s Reinsurance Solutions business. Nudo joined the broker in 2024 as Senior Managing Director of Reinsurance...

Posted: Oct 03, 2025

CFC extends digital trading facility for US brokers

coverager

CFC’s Connect portal can make informed quoting decisions in real time delivering a fully adjustable quote to brokers in seconds.

Posted: Oct 03, 2025

Zurich introduces all-risk coverage for Agri-PV systems in Germany

coverager

Zurich’s offering aims to improve investment security for farmers and developers.

Posted: Oct 03, 2025

Synechron partners with Duck Creek

coverager

The companies position the partnership as a way to create a more agile and scalable ecosystem for P&C insurers.

Posted: Oct 03, 2025

NTSB Tells Philadelphia’s Mass Transit Agency to Shelve Railcars Implicated in Fires

Carrier Management

NTSB Tells Philadelphia’s Mass Transit Agency to Shelve Railcars Implicated in Fires Federal transporta...

Posted: Oct 03, 2025

Geopolitical Risk Surges Into Top 10 Global Threats as Organizations Struggle With Preparedness

Risk & Insurance

Aon survey reveals dramatic shift in global risk landscape, but finds relatively few companies quantify their exposure to top risks. The post

Posted: Oct 03, 2025

OpenAI Says Musk’s xAI Filed Secrets Suit to ‘Bully’ Ex-Workers

Insurance Journal

OpenAI Inc. says a lawsuit accusing it of stealing technology from xAI is just Elon Musk’s latest attempt to distract attention from the failures of his own generative artificial intelligence company. “Unable to match OpenAI’s innov...

Posted: Oct 03, 2025

White Mountains Insurance to Sell Unit to CVC in $1.75 Billion Deal

Insurance Journal

White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of Hamilton, Bermuda-based White Mo...

Posted: Oct 03, 2025

Blackstone appoints Kimberly Kim as Head of APAC Insurance Institutional Client Solutions

Reinsurance News

Blackstone, the alternative asset manager, has announced the appointment of Kimberly Kim as Senior Managing Director and Head of APAC Insurance Institutional Client Solutions for Blackstone Credit & Insurance (BXCI). This newly created role su...

Posted: Oct 03, 2025

More NC Outer Banks Homes Collapse into Surf as Hurricanes Stay Far Offshore

Insurance Journal

Six unoccupied houses along North Carolina’s Outer Banks have collapsed into the ocean as Hurricanes Humberto and Imelda rumble in the Atlantic, the latest private beachfront structures to fall as sea levels rise due to global warming. Five of...

Posted: Oct 03, 2025

American Integrity Insurance introduces commercial residential property programme in Florida

Reinsurance News

American Integrity Insurance Group, Inc., a property insurance provider in the Southeast, has announced the launch of its new Commercial Residential Property Programme. The initiative is designed to offer comprehensive protection for condominium a...

Posted: Oct 03, 2025

Howden Acquires Insurance Broker Gott & Wynne in North Wales

Insurance Journal

Howden, the London-based insurance intermediary group, announced the acquisition of Gott & Wynne Ltd., a property-casualty insurance broker based in Llandudno, North Wales, specializing in both personal and commercial lines. This acquisition give...

Posted: Oct 03, 2025

Georgia Farmers Should Get $531M in Helene Aid But the Deal’s Not Done Yet

Insurance Journal

The wait continues for Georgia farmers who need more aid after Hurricane Helene, even as state and federal officials in other states announce agreements. The U.S. Department of Agriculture and Georgia Agriculture Commissioner Tyler Harper this week a...

Posted: Oct 03, 2025

Giguère and Naumann to succeed Forrest at helm of Munich Re North America Life

Reinsurance News

Global reinsurer Munich Re has announced the retirement of Mary Forrest, President and Chief Executive Officer (CEO), Munich Re North America Life, effective in the first quarter of 2026. She will be succeeded by Marc-Andre Giguère, who will conti...

Posted: Oct 03, 2025

Two High-Profile Personal Injury Law Firms Sue… Each Other

Carrier Management

Two High-Profile Personal Injury Law Firms Sue… Each Other Insurance folks tired of hearing...

Posted: Oct 03, 2025

White Mountains sells majority stake in insurtech Bamboo to CVC

Reinsurance News

White Mountains, a Bermuda-domiciled financial services holding company, has announced it has agreed to sell most of its ownership in Bamboo, a data-enabled insurance distribution platform, to funds advised by CVC. The deal, which values Bamboo at...

Posted: Oct 03, 2025

Trump Halts $2 Billion for Chicago Transit in Shutdown Play

Insurance Journal

White House Budget Director Russell Vought announced the withholding of more than $2 billion for transportation projects in Chicago, the latest move by the Trump administration to use the shutdown as leverage to shrink the federal government. Vought...

Posted: Oct 03, 2025

TWIA to face lower reinsurance demand in 2026 as Texas eases funding rules

Reinsurance News

The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requir...

Posted: Oct 03, 2025

TWIA’s 2026 reinsurance requirement could decline significantly as Texas eases funding rules

Reinsurance News

The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requir...

Posted: Oct 03, 2025

Large Fire Erupts in Jet Fuel Unit at Chevron’s LA Refinery

Insurance Journal

A large fire erupted in a jet fuel production unit at Chevron’s El Segundo refinery near Los Angeles on Thursday, disrupting supply in California’s isolated energy market. Chevron’s second-biggest refinery in the United States, the...

Posted: Oct 03, 2025

Oklahoma Supreme Court: Workers’ Comp Claims Require Continuous Activity

Risk & Insurance

Ruling establishes that employees must actively pursue benefits or face dismissal, providing clarity for employers and insurers managing long-term claims. The post

Posted: Oct 03, 2025

Nearly Half of Independent Insurance Agents Say Carriers Fail to Deliver Basic Support

Risk & Insurance

JD Power study reveals disconnect between P&C insurers and independent insurance agent satisfaction. The post

Posted: Oct 03, 2025

Coface expands leadership and presence in Latin America with new hires

Reinsurance News

Coface, a company providing credit insurance and risk management solutions, is strengthening its operations in Latin America with the appointment of new regional leaders. The moves support the company’s growth strategy in credit insurance, commerc...

Posted: Oct 03, 2025

Blast Blew 20-Story Chunk Out of Bronx Apartment Building

Insurance Journal

An explosion at a New York City apartment building blew off a massive chimney that ran up the side of the high-rise, leaving residents to wait for clearance to return to their apartments as officials investigate what caused the blast. …

Posted: Oct 03, 2025

Two Delta Jets Collide While Taxiing at New York’s LaGuardia Airport

Insurance Journal

Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, causing minor injuries to one flight attendant and prompting regulators to open an investigation. Both planes were CR...

Posted: Oct 03, 2025

Light hurricane season offers profit boost for reinsurers: J.P. Morgan

Reinsurance News

There could be a material upside for reinsurers’ profits if the remainder of the 2025 Atlantic hurricane season remains light, according to a recent report by J.P. Morgan. With Q3 now complete, the period is expected to have been very good f...

Posted: Oct 03, 2025

Net-Zero Banking Alliance Folds After Mass Exodus by Members

Insurance Journal

The Net-Zero Banking Alliance is to cease operations after a vote to wind up the group which had already lost many of its members amid allegations from some U.S. lawmakers that membership breached antitrust regulations. The alliance, set up in &#8230...

Posted: Oct 03, 2025

Global Indemnity subsidiary launches inaugural reinsurance MGA

Reinsurance News

Penn-America Underwriters (PAU), a subsidiary of Global Indemnity Group (GBLI), is launching its inaugural reinsurance managing general agency (MGA) in partnership with George Dragonetti, who will also serve as President of the new unit. For those...

Posted: Oct 03, 2025

RenRe and subsidiaries get positive outlooks from AM Best

Reinsurance News

Credit ratings agency AM Best has revised the outlooks of Renaissance Reinsurance Ltd. (RenRe) and its subsidiaries to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs), and affirmed the Financial Strength Rating (FSR)...

Posted: Oct 03, 2025

Typhoon Matmo Strengthens as It Hits Philippines, on Track to China

Insurance Journal

Typhoon Matmo intensified as it made landfall in northern Philippines on Friday where it’s forecast to dump heavy rain, with the nation still reeling from the impact of two deadly typhoons in the past two weeks. Matmo, locally named Paolo, &#82...

Posted: Oct 03, 2025

Brown & Brown introduces leadership changes in Retail segment

Reinsurance News

Brown & Brown, the insurance brokerage firm, has introduced a series of leadership changes within its Retail segment. The updates are part of the company’s broader effort to strengthen integration following the acquisition of Risk Strategies a...

Posted: Oct 03, 2025

Denmark Says Russia Is Waging Hybrid War After Drone Scare

Insurance Journal

Denmark accused Russia of waging a hybrid war against the Nordic nation and warned more attacks are likely, after a series of drone incursions disrupted operations at civilian and military airports. The Danish Defence Intelligence Service said in a t...

Posted: Oct 03, 2025

Howden acquires North Wales-based insurance broker Gott & Wynne

Reinsurance News

Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gott & Wynne Limited (Gott & Wynne), a general insurance broker based in Llandudno, North Wales. Led by Barry Wynne, Michael Clough, and Steven Go...

Posted: Oct 03, 2025

Finnish Court Dismisses Case Against Crew in Baltic Sea Cable Breach Trial

Insurance Journal

A Finnish district court ruled on Friday that it does not have jurisdiction to prosecute the captain and two officers of the Eagle S oil tanker, who are accused of breaking undersea power and internet cables in the Baltic Sea …

Posted: Oct 03, 2025

Markets/Coverages: MGA DUAL UK Announces 5-Year Capacity Deal, Led by Zurich

Insurance Journal

DUAL UK, the managing general agent and subsidiary of insurance intermediary Howden, announced a five-year capacity deal led by Zurich Insurance, along with Liberty Specialty Markets and other A-rated capacity to support its new regional Commercial C...

Posted: Oct 03, 2025

Lloyd’s to enhance oversight of legacy transactions

Reinsurance News

Lloyd’s, the specialist insurance and reinsurance marketplace headquartered in London, has introduced new oversight measures for legacy reinsurance transactions. These changes, effective from 2025, strengthen the pre-transaction review process to...

Posted: Oct 03, 2025

Brokerslink adds Icelandic broker Afkoma to its global network

Reinsurance News

Brokerslink, a global broking business, has announced the addition of Afkoma, an Icelandic insurance brokerage, to its international network. The move extends the network’s global reach, marking the first time an Icelandic firm has joined Brokersl...

Posted: Oct 03, 2025

EPA Seeks $140M Penalty for Michigan’s Worst Sulfur Dioxide Polluter

Insurance Journal

When faced with testimony that Zug Island’s EES Coke Battery is one of Michigan’s worst sulfur dioxide polluters, an attorney for the facility said Monday: “So what?” The DTE Energy-owned facility was “permitted to do so...

Posted: Oct 03, 2025

Yemen’s Houthi Rebels Claim Missile Attack on Dutch-Flagged Ship in Gulf of Aden

Insurance Journal

Yemen’s Houthi rebels claimed responsibility early on Wednesday for an attack this week that left a Dutch-flagged cargo ship ablaze and adrift in the Gulf of Aden, underlining the range of their weaponry and their campaign targeting shipping ov...

Posted: Oct 03, 2025