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A construction worker who was permanently disabled on the job has been denied workers’ compensation coverage for cannabis-infused edibles prescribed by his doctor. The Second Circuit Court of Appeals has upheld the denial on the grounds that ma...
Posted: Mar 09, 2026
This edition of International People Moves details appointments at AXA XL, Aon Reinsurance, and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. AXA XL Taps QBE’s Weaver as Head of Energy, UK & Lloyd...
Posted: Mar 09, 2026
Markel Insurance, the insurance operations within Markel Group Inc., has appointed Ravi Jain as Business Development and Distribution Lead for India, based in Mumbai, effective immediately. This appointment aligns with Markel’s broader commi...
Posted: Mar 09, 2026
After 45 years under the name The Plateau Group, the Tennessee-based multi-line insurer now has a new name: Lumos Insurance. The rebranding is the culmination of a multi-year modernization effort on corporate governance and capitalization, the compan...
Posted: Mar 09, 2026
Ohio Attorney General Dave Yost last week filed a lawsuit against a contractor accused of soliciting Northeast Ohio residents for new roofs and siding replacement, only to ghost customers after accepting over $188,000 in payments. The lawsuit, filed...
Posted: Mar 09, 2026
Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has announced the appointment of Michael Eakins as its Chief Executive Officer (CEO), subject to regulatory approval. Dom Veney will continue to lead...
Posted: Mar 09, 2026
Global professional services firm Aon has completed what it describes as the “first known” stablecoin insurance premium payment among major brokers, following a successful proof of concept using U.S. dollar-backed stablecoins. Led by Aon’s digital...
Posted: Mar 09, 2026
Posted: Mar 09, 2026
Berkshire’s Abel Vows to Use All His Pay to Buy Firm’s Stock Berkshire Hathaway Inc. Chief...
Posted: Mar 09, 2026
A prominent Miami real estate developer could face years in prison after he was indicted last week on charges of leading a massive fraud scheme that allegedly diverted investor funding, deceived lenders and evaded taxes. Rishi Kapoor, 42, who until &...
Posted: Mar 09, 2026
The California Department of Insurance, State Farm, Consumer Watchdog agreed on rate request from the carrier to raise homeowners rates. The interim rate of 17% will remain in place, meaning there will be no additional impact to policyholders beyond...
Posted: Mar 09, 2026
The California Department of Insurance, State Farm, Consumer Watchdog agreed on rate request from the carrier to raise homeowners rates. The interim rate of 17% will remain in place, meaning there will be no additional impact to policyholders beyond...
Posted: Mar 09, 2026
The California Department of Insurance, State Farm, Consumer Watchdog agreed on rate request from the carrier to raise homeowners rates. The interim rate of 17% will remain in place, meaning there will be no additional impact to policyholders beyond...
Posted: Mar 09, 2026
A viral image from the March 1 shooting in downtown Austin — an autonomous vehicle blocking an ambulance from reaching the scene where a gunman fatally wounded three people and injured 15 others — has put a spotlight on driverless …
Posted: Mar 09, 2026
Authorities searched through rubble and debris in southern Michigan on Saturday after suspected tornadoes tore through the region and killed four people, including a 12-year-old boy, during powerful storms also blamed for two deaths in eastern Oklaho...
Posted: Mar 09, 2026
Gallagher Re, a global reinsurance brokerage and advisory firm, has appointed Michael Stankard as Broker for UK Casualty Facultative. Stankard brings over 16 years of experience in financial and professional lines re/insurance. He began his career...
Posted: Mar 09, 2026
Live Nation Entertainment has reached a proposed settlement with the U.S. Justice Department, according to a court hearing on Monday. In the same hearing, it was disclosed that Live Nation is also in talks with state attorneys general to secure ̷...
Posted: Mar 09, 2026
A new analyst report from US-based investment bank and research firm TD Cowen argues that concerns about artificial intelligence (AI) fundamentally disrupting the insurance brokerage sector may be exaggerated, with the firm suggesting that the tec...
Posted: Mar 09, 2026
Generali has reached an agreement for the sale of its Irish and Northern Irish P&C operations, carried out through the Irish and UK (Northern Ireland) branches of Generali Spain under the RedClick brand, to Zurich Insurance Europe AG and Zuric...
Posted: Mar 09, 2026
A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first large oil tankers to leave the Persian Gulf since traffic through the vital chokepoint all but halted. The …
Posted: Mar 09, 2026
A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first big tankers to leave the Persian Gulf since traffic through the chokepoint all but halted. The Shenlong tanker, …
Posted: Mar 09, 2026
International insurance broking group Lockton has appointed Livy Dai as the new Chief Executive Officer (CEO) of Lockton China, based in Shanghai, reporting to Alex Yip, CEO of Lockton Greater China. He has nearly three decades of experience in ri...
Posted: Mar 09, 2026
Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles the city that has attracted billions from across the region in recent years. Several consultants told Bloomberg News they are getting calls from c...
Posted: Mar 09, 2026
The Association of Bermuda Insurers and Reinsurers (ABIR), an industry association representing Bermuda’s international insurers and reinsurers, and Insurance Ireland, the representative body for the Irish insurance sector, are urging European Uni...
Posted: Mar 09, 2026
Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes. Oil prices were trading more R...
Posted: Mar 09, 2026
Favorable pricing in property insurance contrasts sharply with mounting challenges in casualty coverage across the real estate sector, according to Lockton. The post
Posted: Mar 09, 2026
AXA XL has appointed Sebastian Weaver as Head of Energy, UK & Lloyd’s, where he will lead the development and execution of underwriting strategies for the business, driving profitable growth, enhancing risk management, and expanding market pre...
Posted: Mar 09, 2026
Santam Limited, South Africa’s largest general insurer, reported improved underwriting profitability in 2025 with a stronger combined ratio of 88.7%, while its Santam Re and Specialist Solutions businesses also performed well, increasing their non...
Posted: Mar 09, 2026
Zurich Insurance Group AG agreed to buy Assicurazioni Generali SpA’s RedClick unit for €337 million ($389 million) in cash to expand its non-life business in Ireland. The two companies announced the deal in separate statements Monday, confirmin...
Posted: Mar 09, 2026
The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran. The US International Development Finance Corp. said Fr...
Posted: Mar 09, 2026
The UK’s flood insurer of last resort says the country’s mortgage banks aren’t doing enough to prepare for the risks facing homeowners across Britain. “Their assumption is they don’t need to do anything,” Perry Tho...
Posted: Mar 09, 2026
Key Takeaways EZLynx is leading the market through technology that supported 14.3 million policies and more than 600,000 sales wins in 2025. Automation tools saved more than 1 million hours of administrative time this past year. EZLynx is committed t...
Posted: Mar 09, 2026
Lockton Re, the reinsurance business of global broking group Lockton, has collaborated with Synechron (formerly known as Cloobees), a global digital transformation consulting firm, to launch the Agentforce 360 Platform, Salesforce’s agentic platfo...
Posted: Mar 09, 2026
Training Arm of HAI Group, a Leading Public and Affordable Housing Insurance Provider, Continues 30-Year Commitment to Multifamily Training CHESHIRE, Conn., [March 2026] — The training arm of HAI Group®, a leading provider of public and affordable ho...
Posted: Mar 09, 2026
Why the Future of Insurance BPO Lives Inside Your AMS Most insurance BPOs still work in spreadsheets, ticket portals, or offshore email chains. They move data between systems, not inside them. That model worked when volume was low and expectations &#...
Posted: Mar 09, 2026
The United States (U.S.) International Development Finance Corporation (DFC) and the U.S. Treasury have unveiled a plan to deploy Maritime reinsurance, including war risk, in the Gulf region, which has been approved by President Trump. This new ag...
Posted: Mar 09, 2026
Posted: Mar 09, 2026
Global broking business Brokerslink has expanded its international footprint by appointing Riga-based retail broker, Perks, as its affiliate in Latvia. This addition marks Brokerslink’s entry into a new country, strengthening its presence across t...
Posted: Mar 09, 2026
Mission, a MGA incubator, has announced four senior appointments as part of efforts to strengthen its UK and European operations and support its ongoing growth strategy. The company has appointed Abz Shipon and James Gallagher as Account Directors...
Posted: Mar 09, 2026