All Posts

AXA XL appoints Louise Nevill as Chief Underwriting Officer, Specialty for the UK & Lloyd’s

Reinsurance News

AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Louise Nevill ACII as Chief Underwriting Officer, Specialty for the UK & Lloyd’s. Commenting on the appointment, Mike Gosselin, Chief Underwrit...

Posted: Sep 12, 2025

PERILS cuts industry loss estimate for Cyclone Alfred to AUD 1.92bn

Reinsurance News

Zurich-based catastrophe insurance data provider PERILS has disclosed its third industry loss estimate for Cyclone Alfred, dropping the figure significantly to AUD 1.922 billion. Providing some background for the event, PERILS explained that Cyclo...

Posted: Sep 12, 2025

Assurex Global launches insurance broker AG London

Reinsurance News

Assurex Global, a privately held commercial insurance, risk management, and employee benefits brokerage group, has launched AG London, a London broker purpose-built for the independent community. Consolidation has reshaped the London market, with...

Posted: Sep 12, 2025

DUAL launches cargo insurance in Europe led by Chris Wittoeck

Reinsurance News

DUAL Europe has launched its cargo insurance business, effective September 1st, 2025, led by Chris Wittoeck as Head of Cargo, marking the strategic expansion of the firm’s marine proposition following the successful rollout of its Marine hub...

Posted: Sep 12, 2025

Malpractice in the Digital Age: EMRs, AI and Telehealth Fuel Liability Concerns

Risk & Insurance

The value of the top medical malpractice payouts has more than doubled in the past five years.   The post Malpractice in t...

Posted: Sep 12, 2025

Hong Kong Boosts Flood Management as Climate Change Fuels Heavy Rains

Insurance Journal

Two years ago, extreme rainfall inundated Hong Kong, turning roads into raging rapids, submerging cars and flooding malls, making it one of the city’s most costly weather events ever. When another round of record-breaking rains drenched the cit...

Posted: Sep 12, 2025

Consilium to open new office in Kingston, Jamaica

Reinsurance News

Consilium, a speciality re/insurance wholesale broker, has announced plans to establish a new office in Kingston, Jamaica, subject to regulatory approval, with Max Pragnell serving as Managing Partner for the office. The Kingston location is part...

Posted: Sep 12, 2025

75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey

Insurance Journal

Nearly 75% of recent and prospective buyers believe that homeowners’ insurance could become unaffordable, according to a new Realtor.com survey. Eighty-eight percent of those surveyed believe they will pay more for homeowners’ insurance i...

Posted: Sep 12, 2025

Uber Sued by DOJ Over Passenger Disability Discrimination

Insurance Journal

Uber Technologies Inc. was sued by the US Justice Department over claims that the ride-sharing giant discriminates against people with physical disabilities in violation of federal law. The department’s civil rights division alleged in a compla...

Posted: Sep 12, 2025

Immigration Raid Disruptions Spread, Casting Pall on Korea Investment

Insurance Journal

Fallout from last week’s unprecedented immigration raid at a Georgia battery plant run by two South Korean firms is reverberating across the industry, highlighting risks to the billions of dollars the Asian nation has invested in America’...

Posted: Sep 12, 2025

People Moves: Blumhagen Joins Willis as Producer for Upstate New York

Insurance Journal

Insurance broker Willis has appointed Steve Blumhagen as a producer in the Upstate New York market. Based in the Buffalo office, Blumhagen will report directly to David Lofstrom, Northeast Deputy Leader – New England, and work with Vin Looney and &#8...

Posted: Sep 12, 2025

New Jersey’s Ban on Guns in Sensitive Places Upheld; Insurance Mandate Nixed Again

Insurance Journal

A federal appeals court on Wednesday upheld a New Jersey law that barred carrying firearms in so-called sensitive places like schools and public gatherings. The 3rd Circuit Court of Appeals, in a 139-page opinion, recounted a longstanding history in...

Posted: Sep 12, 2025

California Court Rules LA Retailer Illegally Sold Credit Insurance

Insurance Journal

The California Second District Court of Appeals found that a retail store chain illegally sold credit insurance to its customers. The California Department of Justice charged Adir International LLC (dba Curacao), and its owner Ron Azarkman of unlawfu...

Posted: Sep 12, 2025

This California Town Was Ravaged by A Wildfire. Seven Years Later, Schools Are Still Recovering

Insurance Journal

Nearly seven years after Paradise was ravaged by wildfire, the foothill town smells like pine trees again. New homes are sprouting up on once-scorched lots. Construction trucks rumble through neighborhoods. An ice cream shop recently opened around th...

Posted: Sep 12, 2025

Massachusetts Settles Asbestos Claims With Abatement Firm, Supermarket

Insurance Journal

The Massachusetts Attorney General’s Office (AGO) has reached an agreement with Compass Restoration Services, a Ludlow-based asbestos and lead abatement company, to resolve allegations that the company violated the Massachusetts Clean Air Act a...

Posted: Sep 12, 2025

Zurich expands Climate Spotlight to Asia Pacific

Reinsurance News

Zurich Resilience Solutions (ZRS), the commercial risk advisory unit of Zurich Insurance Group, has expanded its comprehensive climate resilience offerings, Climate Spotlight, to Asia Pacific. This advanced climate risk analysis tool supports smar...

Posted: Sep 12, 2025

7 Years of Double-Digit Growth; New Players on Top 25 E&S Insurers List

Insurance Journal

[no_auto_dropcap]2024 marked the 7th straight year of double-digit growth for the U.S. excess and surplus lines market, but the top 25 players no longer command 70 percent of the pie, according to a new report. AM Best’s latest report on &#8230...

Posted: Sep 11, 2025

America’s New EU Ambassador Vows to Fight Red Tape for US Companies

Insurance Journal

The US will defend American companies from digital and environmental regulations taking effect in the European Union that may unfairly target them, according to the new US ambassador to the EU. Concerns include the digital services and the digital ma...

Posted: Sep 11, 2025

How Europe Lost an Area the Size of Cyprus to Wildfires This Year

Insurance Journal

Patricia Lamela was driving back to the Galician town of Larouco in northwest Spain when she got the call. It was Aug. 13, just before 7 p.m., and a neighbor told her there was a fire in the forest. Lamela, …

Posted: Sep 11, 2025

Liberty Specialty Markets unifies UK, MENA third-party operations

coverager

The company announced a new single integrated third-party division.

Posted: Sep 11, 2025

AI Adoption in Underwriting Projected to Reach 70% by 2028

IIR

An Accenture report finds that insurance executives expect AI to transform underwriting operations, create new roles, and improve efficiency over the next three years.

Posted: Sep 11, 2025

Allianz X Invests in Coterie Insurance

IIR

The equity deal includes expanded reinsurance partnership with Allianz Reinsurance.

Posted: Sep 11, 2025

Keva Pilots SAS AI Tools to Improve Disability Risk Prediction

IIR

Finland’s largest pension provider explores text analytics to enhance early intervention and workforce retention.

Posted: Sep 11, 2025

Millennial Shift, HSB Integrate Cyber Coverage into mShift Platform

IIR

The collaboration gives brokers digital access to HSB TotalCyber through the mShift platform, streamlining cyber-insurance submissions and policy initiation.

Posted: Sep 11, 2025

Celent Study: Subrogation’s Untapped Potential for Carriers

IIR

Celent research highlights an bottom-line opportunity for carriers for efficiency gains and customer impact, with AI a likely technology ally in success.

Posted: Sep 11, 2025

Analysis Reveals Cybersecurity Controls That Reduce Breach Risk

Risk & Insurance

Marsh research shows incident response planning tops list of most effective security measures. The post Analysis Reveals Cybers...

Posted: Sep 11, 2025

Pacific Life partners with Employee Navigator

coverager

Pacific Life Enrollment Hub powered by Employee Navigator is now available.

Posted: Sep 11, 2025

DUAL partners with KYND

coverager

DUAL partnered with KYND to expand its cyber insurance offering, starting in Australia and New Zealand before a broader rollout.

Posted: Sep 11, 2025

Voya Financial joins the Workday Wellness Partner Program

coverager

Workday Wellness is an AI-powered solution.

Posted: Sep 11, 2025

Accelerant partners with AF Specialty

coverager

The partnership will extend capacity to members on the Accelerant Risk Exchange.

Posted: Sep 11, 2025

75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey

Carrier Management

75% of Buyers Are Concerned About Rising Homeowners Insurance...

Posted: Sep 11, 2025

Allianz X backs Coterie Insurance

coverager

Fidelity National Financial partnered with CLEAR Secure to add biometric identity verification to real estate transactions.

Posted: Sep 11, 2025

New York Expands Drought Watch to 30 Counties

Insurance Journal

The New York State Department of Environmental Conservation announced a drought watch is being expanded by 30 counties, bringing the total to 50 counties under a watch across the state. Governor Kathy Hochul said the action was taken after consulting...

Posted: Sep 11, 2025

New York State Drought Watch Now in Effect in 50 Counties

Insurance Journal

The New York State Department of Environmental Conservation announced a drought watch is being expanded by 30 counties, bringing the total to 50 counties under a watch across the state. Governor Kathy Hochul said the action was taken after consulting...

Posted: Sep 11, 2025

Oklahoma Insurance Department to Host 3rd Annual Insurance Day

Insurance Journal

The Oklahoma Insurance Department announced it will host the third annual Oklahoma Insurance Day on Wednesday, Nov. 19, 2025, at the Sheraton Oklahoma City Downtown Hotel. This event aims to bring together key players in the insurance sector to discu...

Posted: Sep 11, 2025

Brotherhood Works Unveils Solutions Suite for Ministry Staff and Volunteers

Insurance Journal

Brotherhood Mutual Insurance Company, a provider of property and casualty insurance for Christian ministries, has launched a new brand – Brotherhood Works – to unify and expand the company’s suite of existing products and services designed to s...

Posted: Sep 11, 2025

Indiana Construction Company Fined for Alleged Lead Paint Renovation Violations

Insurance Journal

The U.S. Environmental Protection Agency (EPA) and the Department of Justice reached a $10,000 settlement with Homeworks Construction Inc. to resolve alleged lead paint renovation violations in South Bend, Indiana. EPA alleged that beginning in 2018,...

Posted: Sep 11, 2025

Rhode Island Requiring All School Buses to Have Video Systems

Insurance Journal

Rhode Island is on the road to requiring that all school buses have video systems to help monitor traffic violations and keep students, aides, and bus drivers safe. Governor Dan McKee ceremonially signed the legislation (S0568A/H5421Aaa) into law at...

Posted: Sep 11, 2025

US LNG Exporters Race to Tie Up Financing as Surplus Looms

Insurance Journal

US developers are racing to cash in on the nation’s natural-gas export boom while they still can. The massive US buildout of terminals that process and ship liquefied natural gas, or LNG, has transformed the nation into the world’s top &#...

Posted: Sep 11, 2025