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U.S. DFC to reinsure maritime losses in the Gulf of up to $20bn on a rolling basis

Reinsurance News

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

Brokerslink enters Latvia

Reinsurance News

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 strengthens UK and Europe team with four senior appointments

Reinsurance News

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

EU Countries Give Final Approval to 2040 Climate Target for 90% Emissions Cut

Carrier Management

EU Countries Give Final Approval to 2040 Climate Target fo...

Posted: Mar 09, 2026

Trump Signs Order to Bolster Efforts to Combat Cybercrime

Insurance Journal

President Donald Trump signed an executive order Friday aimed at fighting cybercrime — including fraud and extortion — directing officials to identify robust tools to combat transnational criminal organizations preying on American families, businesse...

Posted: Mar 09, 2026

3 Big Questions Facing FEMA With Kristi Noem Out

Insurance Journal

President Donald Trump ousted Kristi Noem as head of the Department of Homeland Security, a move announced Thursdaythat will also have major implications for the nation’s top disaster agency. The Federal Emergency Management Agency, which falls...

Posted: Mar 09, 2026

Liberty Mutual ‘Shifting From Fixing to Building’ in 2026, CEO Says

Insurance Journal

Liberty Mutual’s underwriting results across its businesses came in ahead of targets the company set three years ago when the business was unprofitable, the chief executive reported yesterday, also giving a sense of future strategies. “In...

Posted: Mar 09, 2026

Study Analysis: AI May Be Tempering Insurer Hiring

Insurance Journal

The share of insurance companies planning to maintain their current staff size over the next 12 months has reached a 15-year high—while just 7% of insurers plan to reduce headcount in 2026. Aon and The Jacobson Group’s Q1 2026 Insurance …

Posted: Mar 09, 2026

Study: AI May Be Tempering Insurer Hiring

Insurance Journal

The share of insurance companies planning to maintain their current staff size over the next 12 months has reached a 15-year high—while just 7% of insurers plan to reduce headcount in 2026. Aon and The Jacobson Group’s Q1 2026 Insurance …

Posted: Mar 09, 2026

Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse

Insurance Journal

Five insurance carriers cannot be expected to defend or indemnify a Georgia boarding school where child sexual abuse took place decades before the liability policies were written, the Georgia Court of Appeals has found in a ruling that reversed a &#8...

Posted: Mar 09, 2026

Plane That Crashed in Maine Spent Too Long on Runway After Deicing, NTSB Says

Insurance Journal

A private jet that crashed in Maine in January, killing all six people aboard, remained on the ground 8 minutes longer than it should have after receiving a deicing treatment in a snowstorm, according to a preliminary report issued Friday …

Posted: Mar 09, 2026

Search Ends for Survivors After Fishing Vessel Sank Off Cape Cod, Killing 2

Insurance Journal

The search has been called off for any survivors after a commercial fishing vessel with two people aboard sank off Cape Cod, the U.S. Coast Guard said Friday. Coast Guard Sector Southeastern New England received a notification just before noon &#8230...

Posted: Mar 09, 2026

People Moves: NFP Names Ross Head of Broking, West Region

Insurance Journal

NFP hired Michelle Ross as vice president, head of property/casualty broking, for its West region. Ross was previously NFP’s California broking leader. With more than three decades in the commercial insurance industry, Ross has partnered with m...

Posted: Mar 09, 2026

U.S. to Reinsure Maritime Losses in Gulf Up to $20B

Carrier Management

U.S. to Reinsure Maritime Losses in Gulf Up to $20B...

Posted: Mar 08, 2026

Florida Insurance Costs Are Now 14.5% Lower Than They Would Have Been Without Tort Reforms, Report F...

Insurance Journal

Florida’s landmark 2022 and 2023 legislative changes have had a big impact on the state’s economy, thanks to lowered insurance costs that have freed up money for other investments and have attracted new companies to the state, says a repo...

Posted: Mar 08, 2026

Disaster on Main Street: How to Protect Small Businesses From the Weather

Insurance Journal

By Andrea Wells Small businesses are not immune to the increasing frequency and intensity of severe weather-related events. Even a lengthy power outage from a winter storm can be a threat to small businesses, leading to economic damage that is &#8230...

Posted: Mar 08, 2026

Helping Small Businesses Prepare

Insurance Journal

Small businesses are not always the owners of the building where they operate. That can limit what can be done to prepare for a natural disaster, but every business should be prepared regardless. “Small business owners may be tenants of …

Posted: Mar 08, 2026

How Parametric Products Can Help Business Resilience Amid Climate Uncertainty

Insurance Journal

Power outages in the U.S. are rising at an astronomical rate. And the surge is not just affecting homes and communities but also businesses–disrupting operations; damaging equipment and inventory; and costing billions in lost revenue, productiv...

Posted: Mar 08, 2026

How Parametric Coverage Can Close the Gap for Small Business

Insurance Journal

With climate-related disasters rising in the past decade, business interruption claims have surged, said Ross Sinclair, founder and CEO at UK-based EIP, an embedded insurance program provider. Sinclair believes parametric insurance coverage can play...

Posted: Mar 08, 2026

Data Center Boom Expected to Boost Growth Opportunities for Global Brokers, Industry

Insurance Journal

The global boom in the construction of data centers–driven by the growth of generative artificial intelligence (AI) and machine learning–is creating organic growth opportunities for major brokers such as Aon and Marsh. “Over the nex...

Posted: Mar 08, 2026

Winter Storms Rewrite the Risk Playbook

Insurance Journal

It’s safe to say it’s been a rough start to 2026 in terms of winter storms in the United States. Every winter, the country is at risk of extreme cold and severe weather that tests the limits of infrastructure and …

Posted: Mar 08, 2026

Opportunities for Specialty Insurance Growth in 2026

Insurance Journal

As we move further into 2026, insurers are taking stock of evolving market conditions and crystallizing the opportunities and priorities shaping the year ahead. In the specialty space, the outlook varies depending on your vantage point. Historically,...

Posted: Mar 08, 2026

Plateau Group Rebrands as Lumos Insurance

IIR

The insurer has completed a multi-year modernization and plans expansion in credit and specialty lines.

Posted: Mar 08, 2026

Floodbase Launches Parametric Flood Quote API

IIR

The platform enables automated quoting designed to expand flood insurance distribution in the U.S.

Posted: Mar 08, 2026

Why Insurance Needs End-to-End Operating Models

IIR

Disconnected workflows across underwriting, claims, and servicing slow insurers and frustrate customers. Real transformation requires integrated operations and technology.

Posted: Mar 08, 2026

Bold Penguin expands coverage options with Foxquilt

coverager

Foxquilt focuses on general liability coverage for contractors and small businesses.

Posted: Mar 08, 2026

Arch Insurance Australia appoints Southern Region PI Underwriting Manager

coverager

Carey Sturgiss will oversee all PI-related underwriting activities across the region.

Posted: Mar 08, 2026

Testudo expands AI liability capacity with Atrium and QBE

coverager

George Attard is also a Chief Strategy Officer for Reinsurance Solutions. 

Posted: Mar 08, 2026

Smoother Insurance Agency Succession Planning

Insurance Thought Leadership

Smoother Insurance Agency Succession Planning Agent & Broker

Posted: Mar 06, 2026

Insurance Industry's Spreadsheet Problem

Insurance Thought Leadership

Insurance Industry's Spreadsheet Problem Data Analytics

Posted: Mar 06, 2026

Your AI Strategy Runs on Spreadsheets

Insurance Thought Leadership

Your AI Strategy Runs on Spreadsheets Data Analytics

Posted: Mar 06, 2026

Attorneys for Suspect in LA Wildfire Seek Release Based on New Evidence

Insurance Journal

Defense attorneys for the man accused of sparking the deadly Palisades Fire in Los Angeles held a news conference Thursday to call for his release from jail in light of new evidence they say shows he is not responsible for …

Posted: Mar 06, 2026

Why the Customer Experience Still Fails

Insurance Thought Leadership

Why the Customer Experience Still Fails Customer Experience

Posted: Mar 06, 2026