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World Insurance Associates announced today that Zach Posey has joined as its new leader of market relationships. Posey, who is based in Chicago, will engage with contingent capital providers to include insurers in developing unique solutions for clie...
Posted: Sep 15, 2025
The latest annual report reveals how top payers use AI to amplify human capacity, insight, and connection while preparing teams for the future of work. The post
Posted: Sep 15, 2025
California will extend a key climate program under a bill state lawmakers passed Saturday, sending the measure to Gov. Gavin Newsom, who has championed it as a crucial tool to respond to the Trump administration’s environmental rollbacks. The D...
Posted: Sep 15, 2025
President Donald Trump has approved federal disaster aid for six states and tribes following storms and floods that occurred this spring and summer. The disaster declarations, announced Thursday, will allow federal funding to flow to Kansas, North Ca...
Posted: Sep 15, 2025
A school bus carrying softball team members in Oklahoma crashed into a deer and overturned, ejecting some passengers and injuring seven people, the state highway patrol said. The crash happened Monday night on State Highway 152 near Minco in Grady &#...
Posted: Sep 15, 2025
The global insurance and reinsurance markets are “all in this together” and as discipline and innovation drive relevance in an increasingly uncertain world, it’s vital that the industry has sustainable margins and responsible str...
Posted: Sep 15, 2025
AI Lets Call Center Agents Focus on Custome...
Posted: Sep 15, 2025
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource. The …
Posted: Sep 15, 2025
Allianz UK, part of the financial services group Allianz SE, has introduced a generative AI tool, BRIAN, to help underwriters respond to customer enquiries, enhancing speed and confidence in decision-making processes. Allianz UK says its new tool...
Posted: Sep 15, 2025
Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg Geo-Economic analysis shows. Since the start of …
Posted: Sep 15, 2025
There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” ̶...
Posted: Sep 15, 2025
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Sophie Farhane as Global Chief Underwriting Officer (CUO), Cyber, Direct and Indirect. In this role, Farhane will oversee AXA XL’s cyber insurance...
Posted: Sep 15, 2025
Fitch Ratings, a credit rating agency and provider of financial research, reported that the US excess and surplus (E&S) insurance market continued its remarkable growth streak in 2024, with direct written premiums rising 11 percent. Although t...
Posted: Sep 15, 2025
Leaders of a Georgia-based church with congregations in five states have been charged by federal prosecutors with swindling millions of dollars in veterans benefits from parishioners serving in the military. An indictment unsealed in U.S. District Co...
Posted: Sep 15, 2025
The email seemed innocent enough. It invited senior citizens to learn about the Silver Hearts Foundation, a new charity dedicated to providing the elderly with care and companionship. “We believe every senior deserves dignity and joy in their g...
Posted: Sep 15, 2025
A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority...
Posted: Sep 15, 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced senior promotions for both its Bermuda Treaty team and Bermuda based underwriting leadership. These promotions will see Paget Hengesbaugh become Hea...
Posted: Sep 15, 2025
In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Resid...
Posted: Sep 15, 2025
In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Resid...
Posted: Sep 15, 2025
The key challenge for both insurers and reinsurers as they set out to fulfil their growth aspirations will be to maintain underwriting discipline, Morningstar DBRS observed in a recent report. According to a new report from the firm, despite the i...
Posted: Sep 15, 2025
The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washing...
Posted: Sep 15, 2025
AmTrust Financial Services has entered into a definitive agreement with Blackstone Credit & Insurance (BXCI) to spin off certain Managing General Agencies and fee-based businesses in the U.S., U.K., and Continental Europe into a new independen...
Posted: Sep 15, 2025
Arrow Risk Management, the London-based specialist MGA underwriting platform, announced a strategic partnership with Bridgehaven Specialty UK Ltd. to launch its tech E&O underwriting practice. The practice will be led by Graeme King, who is one o...
Posted: Sep 15, 2025
In a recent interview with Reinsurance News during RVS 2025, Howden Re’s Wade Gulbransen, CEO North America, offered an optimistic perspective on the current reinsurance market in the region, describing it as a “market of opportunity” despit...
Posted: Sep 15, 2025
Insurance Business Magazine - US
Posted: Sep 15, 2025
This edition of International People Moves details appointments at AXA XL and Liberty Specialty Markets (LSM). A summary of these new hires follows here. AXA XL Promotes Smyth as Global Chief Underwriting Officer, Casualty AXA XL has appointed Donnac...
Posted: Sep 15, 2025
Guy Carpenter report reveals diverging fortunes across eight specialty lines ahead of January 2026 reinsurance renewals. The post
Posted: Sep 15, 2025
From 2016 to 2024, Bermuda commercial insurer and reinsurer incurred $1.1 trillion in gross claims costs to policyholders and cedants globally, according to data from the Bermuda Monetary Authority (BMA). Over the nine-year period, Bermuda re/insu...
Posted: Sep 15, 2025
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a f...
Posted: Sep 15, 2025
Alexandra Weigel has joined Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, as head of multinational, Europe, a Zurich-based role. In her new role, Weigel will leverage her over 30 years of industry experience to support t...
Posted: Sep 15, 2025
Dix Hill, New York insurance agent Jason Bartow, AAI, CPIA, TRA, has been elected president of the Professional Insurance Agents of New York State (PIANY). Bartow is commercial lines executive vice president of Eugene A. Bartow Insurance Agency Inc....
Posted: Sep 15, 2025
Phinsys, a finance automation software provider for the re/insurance industry, has partnered with Mereo Insurance Limited (Mereo), a Bermuda-based reinsurance business, to implement its full suite of automation software to support Mereo’s finance...
Posted: Sep 15, 2025
As the weather cools in some parts of the country, we can't forget about workplace heat safety risks. The post Heat Doesn’t Take a Holiday —...
Posted: Sep 15, 2025
AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged excessive fees on some pension accounts for more than a decade. The in-principle agreement relates to fees charged to members …
Posted: Sep 15, 2025
Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog will disrupt the status quo, with some already warning of a potential selloff. At issue is the $17.5 billion...
Posted: Sep 15, 2025
Willis, a WTW business, has announced shared updates to its leadership team within the Global Construction and Global Surety divisions. These appointments are intended to strengthen industry expertise, improve client service, and enhance collabora...
Posted: Sep 15, 2025
Backing accelerates XPT Specialty’s mission to recruit and empower top producers across the United States September 15, 2025 — XPT Specialty, one of the fastest-growing specialty insurance distribution platforms in the U.S., today announced tha...
Posted: Sep 15, 2025
Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has announced a strategic broking partnership with Israeli insurance broker Madanes. Madanes is the largest insurance broker in Israel, with over 300 employees, prov...
Posted: Sep 15, 2025
Global specialty re/insurer Canopius has partnered with Kalepa for its AI-powered underwriting workbench to accelerate growth and innovation across its lines of business in the US. The collaboration will see Canopius implement Kalepa’s underwritin...
Posted: Sep 15, 2025