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Blue Marble adds Guy Carpenter’s Dean Klisura to Board of Directors

Reinsurance News

Climate insurer Blue Marble has announced the addition of reinsurance broker Guy Carpenter’s President and Chief Executive Officer, Dean Klisura, to its Board of Directors, representing Marsh McLennan. In the role, Klisura succeeds Alex Mocz...

Posted: Jun 16, 2025

Artemis Acquires Louisiana’s Tyner Jeter Insurance

Insurance Journal

Artemis Insurance, the parent brand of Texan Insurance, Ozark Insurance, and Marek Insurance, announced the acquisition of Baton Rouge-based Tyner Jeter Insurance. Formerly part of McInnis Tyner Agency since 1972, the team launched Tyner Jeter Insura...

Posted: Jun 16, 2025

New Orleans Officer Cleared of Wrongdoing in Puppy Shooting, City to Pay $10K in Damages

Insurance Journal

A jury in federal court ruled that a New Orleans police officer who shot and killed a puppy had violated its owners’ constitutional rights but was shielded from punishment under qualified immunity because of his government role, according to th...

Posted: Jun 16, 2025

New Orleans Officer Cleared in Puppy Shooting, City to Pay $10K in Damages

Insurance Journal

A jury in federal court ruled that a New Orleans police officer who shot and killed a puppy had violated its owners’ constitutional rights but was shielded from punishment under qualified immunity because of his government role, according to th...

Posted: Jun 16, 2025

Wisconsin Dairy Farmer Sues USDA Claiming Discrimination Against White Farmers

Insurance Journal

A Wisconsin dairy farmer alleged in a federal lawsuit filed Monday that the Trump administration is illegally denying financial assistance to white farmers by continuing programs that favor minorities. The conservative Wisconsin Institute for Law and...

Posted: Jun 16, 2025

CFC names Markel’s Nick Line as CUO

Reinsurance News

CFC, a specialist insurance provider focused on emerging risks and cyber, has named Nick Line as Chief Underwriting Officer (CUO). He will join the insurer in 2026, after spending 28 years at Markel where he most recently held the role of CUO sinc...

Posted: Jun 16, 2025

Everest Launches Unified International Specialties Business, Led by Trueman

Insurance Journal

Everest announced its international insurance division has launched a unified specialties business, bringing together its offerings across marine, aviation, energy & construction, cyber, and industry practices. Paul Trueman has been appointed to...

Posted: Jun 16, 2025

Washington Post Probes Hack of Journalist Email Accounts

Insurance Journal

The Washington Post is investigating a cyberattack on the email accounts of some journalists, prompting the newspaper to beef up its online security. The intrusion was discovered late Thursday and the company carried out a forced reset of login crede...

Posted: Jun 16, 2025

Strong performance at Lockton Re helps lift group revenue to $4bn

Reinsurance News

Lockton Re, the reinsurance arm of the independent insurance brokerage, achieved 29% revenue growth in the fiscal year ending April 30, 2025. According to the firm, in 2024, the business experienced extensive growth, having established a global fo...

Posted: Jun 16, 2025

AI Risks the Top Concern in Verisk’s Emerging Issues Bracket

Insurance Journal

College basketball turned heads in March. Now, we're have the final rounds of Verisk's emerging issues bracket that could hold the attention of insurance pros for years to come.

Posted: Jun 16, 2025

AI Risks Voted Top Concern in Verisk’s Emerging Issues Bracket

Insurance Journal

College basketball turned heads in March. Now, we're have the final rounds of Verisk's emerging issues bracket that could hold the attention of insurance pros for years to come.

Posted: Jun 16, 2025

NHTSA Streamlining Self-Driving Car Exemption Reviews

Insurance Journal

The National Highway Traffic Safety Administration on Friday said it was streamlining reviews of requests filed by automakers seeking to deploy self-driving vehicles without required human controls like steering wheels, brake pedals or mirrors. NHTSA...

Posted: Jun 16, 2025

End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1

Insurance Journal

Florida’s governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a “diligent effort” to find coverage before placing properties with a surplus lines carrier. Thanks to a late amendment t...

Posted: Jun 16, 2025

Air India plane crash to harden aviation reinsurance market: GlobalData

Reinsurance News

The fatal Air India plane crash on June 12, 2025, is expected to harden the aviation reinsurance market, with reinsurers likely to reassess risks related to wide-body aircraft, adjust pricing models, and impose stricter terms, according to GlobalD...

Posted: Jun 16, 2025

Canada’s WestJet Probes Cybersecurity Incident Affecting App and Internal Systems

Insurance Journal

Canada’s WestJet Airlines is investigating a cybersecurity incident that has disrupted access to its mobile app and some internal systems, affecting an undisclosed number of users, the airlines said in a statement on Friday. WestJet said specia...

Posted: Jun 16, 2025

NC Insurance Agent Charged With Manipulating Life Policies for Personal Gain

Insurance Journal

A 43-year-old North Carolina insurance agent is out on bond after she was charged with using clients’ identities to gain illicit commissions on life insurance policies, the state Department of Insurance announced. Ashley Barnhardt, of Locust, n...

Posted: Jun 16, 2025

Moody’s releases Version 25 of North Atlantic Hurricane Models for insurance applications

Reinsurance News

Moody’s, a provider of risk modelling and analytics for the financial and insurance sectors, announced that Version 25 of its RMS North Atlantic Hurricane Models has been approved by the Florida Commission on Hurricane Loss Projection Methodology...

Posted: Jun 16, 2025

People Moves: Specialist Risk Group Names Former Lockton Executive Nimmo as CEO – UK; CFC Taps Line...

Insurance Journal

This edition of International People Moves details London-based appointments at the broker Specialist Risk Group and the managing general agent CFC Underwriting. A summary of these new hires follows here. Specialist Risk Group Names Former Lockton Ex...

Posted: Jun 16, 2025

Investigation Finds Pilot’s Meds Were Contributing Factor in Alabama Helicopter Crash

Insurance Journal

Federal investigators found that a pilot’s medication use may have been a contributing factor in a 2023 medical helicopter crash that killed two in Alabama. The National Transportation Safety Board released the final report this month on the Ap...

Posted: Jun 16, 2025

Himanshu Garg named Head of New Business Initiatives, Everest Re

Reinsurance News

Himanshu Garg has been promoted to Head of New Business Initiatives at Everest Reinsurance. Everest stated that Garg joined the firm in 2018 and has consistently demonstrated deep industry expertise, strategic thinking, and a strong track record o...

Posted: Jun 16, 2025

UK financial institutions set sights on growth as Lloyds highlights sector’s investment potential

Reinsurance News

UK commercial banking group Lloyds has highlighted the growing role financial institutions could play in supporting the country’s long-term development, as firms prepare to expand and invest across key areas such as AI, digital infrastructure, and...

Posted: Jun 16, 2025

Mulberri pivots to GenAI OS for commercial insurance

coverager

Reporting to Ken Norgrove, CEO UK & International, Tovah will have full responsibility for the strategy, P&L and performance of RSA’s Commercial Lines business in the UK.

Posted: Jun 16, 2025

Erie and Philadelphia Insurance Still Working on Restoring Their Networks

Insurance Journal

Erie Insurance says it is making “steady progress” in its efforts to restore its computer systems that have been down since its information security team detected unusual activity on June 7. “Our teams—working alongside leading cybe...

Posted: Jun 16, 2025

Hiscox appoints Harriet Hanna as COO of Lloyd’s managing agent HSL

Reinsurance News

Specialist global insurer Hiscox has appointed Harriet Hanna as Chief Operating Officer of Hiscox Syndicates Ltd (HSL), the Lloyd’s of London managing agent that underwrites capacity for Hiscox’s business units, including Hiscox London Market. Acc...

Posted: Jun 16, 2025

Deadly Air India Crash Will Harden Aviation Reinsurance Market: GlobalData

Insurance Journal

The fatal crash of Air India flight AI171 on June 12, 2025 is expected to send ripple effects across the global aviation insurance market, significantly affecting insurers and reinsurers in India and globally, according to GlobalData, the London-base...

Posted: Jun 16, 2025

Marsh launches €1bn insurance facility for data centre construction projects

Reinsurance News

Marsh, an insurance broker, risk advisor and business of Marsh McLennan, has launched Nimbus, its new insurance facility providing clients with comprehensive cover for the construction of large-scale data centres across the UK and Europe. Nimbus,...

Posted: Jun 16, 2025

Howden Re and UCL School of Management receive £200k for AI project targeting reinsurance processes

Reinsurance News

Howden Re, the reinsurance and advisory division of Howden, and the UCL School of Management have been awarded £200,000 in government funding through a Knowledge Transfer Partnership (KTP), and the project is co-funded by Innovate UK and Howden Re...

Posted: Jun 16, 2025

Markets/Coverages: Marsh Launches €1B Facility for Data Center Construction Projects

Insurance Journal

Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK and Europe. The facility – s...

Posted: Jun 16, 2025

Gallagher Re reveals leaked data as a strong predictor of cyber insurance claims

Reinsurance News

Reinsurance company Gallagher Re, through the expertise of its authors James Poynter, William Gildea, Mohit Motwani, and their Cyber Analytics team, presents a comprehensive analysis of how technographic data can be leveraged to enhance underwriti...

Posted: Jun 16, 2025

Finland Accuses Crew of Russia-Linked Ship in Damage of Baltic Undersea Power Cable

Insurance Journal

Finnish authorities have accused senior officers of a Russia-linked vessel that damaged undersea cables last year between Finland and Estonia of criminal offenses related to the wreckage. They say the oil tanker, the Eagle S, dragged its anchor to da...

Posted: Jun 16, 2025

Ship Signal Jamming in Persian Gulf Worsens as Conflict Widens

Insurance Journal

Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Starboard Maritime Intelligence...

Posted: Jun 16, 2025

Premium Insurance Demand Rises With Global Travel Disruptions

Insurance Journal

With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk. Since 201...

Posted: Jun 16, 2025

Aon promotes Rieth to Global Cyber Leader, Commercial Risk Solutions

Reinsurance News

Aon has announced the promotion of Brent Rieth to the role of Global Cyber Leader within Commercial Risk Solutions. Rieth, currently head of Cyber Solutions, North America, will now lead Aon’s global cyber strategy, overseeing growth, innovation,...

Posted: Jun 16, 2025

Satanic Temple Accuses Iowa Officials of Religious Discrimination

Insurance Journal

The Satanic Temple Iowa on Tuesday filed a complaint accusing state officials of discriminating against the group because of its members’ religion, having denied them access to the state Capitol building for a December holiday display and event...

Posted: Jun 16, 2025

Lockton names Claughton as National Manager for FI and Moens as Client Manager, Australia

Reinsurance News

Lockton, a privately held insurance brokerage, has strengthened its Professional and Executive Risk team with the appointments of Craig Claughton as National Manager – Financial Institutions (FI), based in Queensland and Dennis Moens as Client Man...

Posted: Jun 16, 2025

ICIEC & CAGEX renew reinsurance alliance to further OIC trade growth

Reinsurance News

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has renewed its reinsurance treaty arrangement with the Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) for the 2025 underwriting year. ICIE...

Posted: Jun 16, 2025

NYC Council Passes Bill to Lower Insurance Limits for For-Hire Vehicles

Carrier Management

NYC Council Passes Bill to Lower Insurance Limits for For-Hire Vehicles With urging from a coalition of for-hire ve...

Posted: Jun 16, 2025

Class Action: Drivers Sour on Lemonade for Exposing License Numbers

Carrier Management

Class Action: Drivers Sour on Lemonade for Exposing License Numbers A new class...

Posted: Jun 16, 2025

Carrier Management to Host ‘Demo Day’ for Homeowners Insurers June 18

Insurance Journal

Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The latest online event offers insurance professionals risk assessm...

Posted: Jun 16, 2025

Federal Court Blocks CFPB Move to Scrap Racial Discrimination Settlement

Insurance Journal

A federal judge in Chicago on Thursday refused to allow the U.S. Consumer Financial Protection Bureau to vacate a racial discrimination settlement reached last year with a mortgage lender, finding there was no basis for granting an extraordinary requ...

Posted: Jun 16, 2025

Rate Growth Slows, Moving Violations Increase: The Road Ahead for Auto

Insurance Journal

The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. However, it’s a winding road, according to the 202...

Posted: Jun 16, 2025

AM Best Downgrades Nonprofits Insurance Alliance Members in California, Vermont

Insurance Journal

AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of the Vermont and California m...

Posted: Jun 16, 2025

People Moves: Dann Joins The Liberty Company in California as Vice President

Insurance Journal

The Liberty Company Insurance Brokers hired Connor Dann as vice president, producer. Dann is based in Liberty’s Woodland Hills, California, office. In his new role, Connor focuses on expanding Liberty’s presence in key markets, particular...

Posted: Jun 16, 2025