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Clayden joins Compre as interim global claims director

Reinsurance News

Compre Group, the Bermuda-domiciled international specialty reinsurance group, has appointed Dominic Clayden to the newly created role of interim global claims director. Clayden has held senior roles across the industry, including group chief clai...

Posted: Sep 11, 2025

BPL names Grahame Chilton as Non-Executive Chairman amid PCP investment

Reinsurance News

BPL, an insurance broker focusing on credit and political risk, has named Grahame Chilton (“Chily”) as Non-Executive Chairman. Chily has over 45 years of experience in the insurance industry, including leading roles at Benfield, where he oversaw i...

Posted: Sep 11, 2025

Earnix introduces new AI solutions for insurance at Excelerate 2025

Reinsurance News

At its Excelerate 2025 conference, Earnix presented a new set of AI-based solutions aimed at the insurance sector. These tools are designed to support faster decision-making and more personalised customer interactions, while meeting the requiremen...

Posted: Sep 11, 2025

AmTrust appoints Carl Canales as EVP, Head of Field Operations for NA P&C

Reinsurance News

AmTrust Financial Services, Inc., a global specialty property casualty insurer, has appointed Carl Canales as Executive Vice President (EVP), Head of Field Operations for North American P&C. Based in Boston, Canales will oversee AmTrust’s Fiel...

Posted: Sep 11, 2025

Viewpoint: Rethinking Basis Risk in Structured Insurance Solutions

Insurance Journal

Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between insurance buyers and their risk advisors when discussing protection options. These alternative risk transfe...

Posted: Sep 11, 2025

Guy Carpenter reports structural shift in marine and energy insurance

Reinsurance News

Guy Carpenter, a risk and reinsurance advisory firm, states in its Global Specialties Market Update that the marine and energy insurance sector is entering a period of reassessment, shaped by major losses, geopolitical pressures, and shifts in rei...

Posted: Sep 11, 2025

Willis introduces Global Risk Engineering team to strengthen specialised services

Reinsurance News

Willis, a WTW business, has announced the launch of its Global Risk Engineering team, an enhancement to its Global Risk & Analytics (R&A) operations. The team brings together Willis’ engineering expertise in a unified structure, designed t...

Posted: Sep 11, 2025

Fleet Operators Want More From Their Insurers: Survey

Insurance Journal

A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana released its 2025 Claims Experience Report surveying...

Posted: Sep 11, 2025

Bacterial Greening Disease Infects Nearly Half of Brazil’s Citrus Belt

Insurance Journal

Greening disease, caused by bacteria transmitted by the Asian citrus psyllid, has infected nearly 48% of Brazil’s citrus belt, according to new data from industry-funded research group Fundecitrus on Wednesday. Such infections have increased fo...

Posted: Sep 11, 2025

Disaster Survivors Wait Longer to Get Federal Aid, Says AP

Insurance Journal

Survivors of major natural disasters in the U.S. are having to wait longer to get aid from the federal government, according to a new Associated Press analysis of decades of data. On average, it took less than two weeks for …

Posted: Sep 11, 2025

Ryan Specialty adds Aon Re’s Bungert to Board

Reinsurance News

Ryan Specialty Holdings, Inc., an international specialty insurance firm, has appointed reinsurance industry veteran Michael G. Bungert to its Board of Directors, and as a member of its Compensation and Governance Committee, effective September 3r...

Posted: Sep 11, 2025

South Korean E-Commerce Giant Coupang Wins US Dismissal of IPO Lawsuit

Insurance Journal

Coupang, the e-commerce company often called the Amazon of South Korea, won the dismissal on Wednesday of a lawsuit claiming it defrauded shareholders during and after its 2021 initial public offering, Wall Street’s largest by a foreign company...

Posted: Sep 10, 2025

Wall Street Regulator Says it Has Concerns Over European ESG Rules

Insurance Journal

Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump...

Posted: Sep 10, 2025

bolt Launches New Tools to Streamline Agency Operations

IIR

The platform’s latest features aim to help P&C agents reduce manual work and respond proactively to rate increases.

Posted: Sep 10, 2025

OnRe Launches Points Program and Opens Permissionless ONyc Access

IIR

The onchain asset manager aims to broaden ONyc utility and reward capital deployment through a new DeFi-focused structure.

Posted: Sep 10, 2025

Earnix Unveils Intelligent Decisioning Platform for Insurers

IIR

The new AI-enabled suite is designed to improve operations, support compliance, foster innovation and personalize customer engagement.

Posted: Sep 10, 2025

P&C Industry ‘Continues to Walk a Fine Line’ After Posting $11.5 Billion Underwriting Profit

IA Magazine

The U.S. property & casualty insurance industry almost tripled underwriting profitability in the first half of 2025 compared to the same period in 2024, but catastrophes continue to drive up homeowners premiums.

Posted: Sep 10, 2025

Applied Systems Acquires Cytora

IA Magazine

The acquisition of Cytora, a U.K.-based digital risk processing company, will allow Applied to accelerate its vision of delivering a connected end-to-end policy lifecycle.

Posted: Sep 10, 2025

Your Invisible Neighbors and You

Insurance Thought Leadership

Your Invisible Neighbors and You Cyber

Posted: Sep 10, 2025

MGU Laplace Alternative Risk Solutions launches

coverager

The company is backed by Mission.

Posted: Sep 10, 2025

MAPFRE invests in Blue Marble

coverager

Blue Marble designs and delivers parametric insurance solutions to underserved communities.

Posted: Sep 10, 2025

LightSpun raises $13 million

coverager

The round was led by Brewer Lane, with participation from Virtue, Cambrian, and Industry Ventures. 

Posted: Sep 10, 2025

Lincoln Financial and Bain Capital launch new private market fund

coverager

The companies previously announced their strategic partnership to launch private market funds in March 2025.

Posted: Sep 10, 2025

RT Specialty updates RT Connector with new features and expanded carrier access

coverager

The digital platform provides retail agents and brokers with real-time quotes, instant policy issuance, and access to over 25 carriers.

Posted: Sep 10, 2025

Corebridge names new CEO

coverager

Costantini will join Corebridge from Manulife.

Posted: Sep 10, 2025

Brotherhood Mutual launches Brotherhood Works

coverager

The initiative expands Brotherhood Mutual’s reach beyond insurance.

Posted: Sep 10, 2025

The Latest Launches from kWh Analytics, ACORD, Origami Risk

Carrier Management

The Latest Launches from kWh Analytics, ACORD, Origami Risk kWh Analytics ann...

Posted: Sep 10, 2025

Hagerty expands Drivers Edge Enthusiast+ program to Wisconsin

coverager

This acquisition will strengthen Lincoln’s capabilities within the Financial Services sector.

Posted: Sep 10, 2025

More Than 60 Containers Fall Off Ship in Long Beach Port

Insurance Journal

More than 60 containers toppled off a cargo ship in the Port of Long Beach, tumbling overboard and floating in the water. The shipping containers fell off a vessel named the Mississippi shortly before 9 a.m. on Tuesday, and no …

Posted: Sep 10, 2025

Kristen Ankerbrandt Appointed Chief Financial Officer at Brightway Insurance

Risk & Insurance

The latest people news in the industry today. The post Kristen Ankerbrandt Appointed Chief Financial Officer at Brightway I...

Posted: Sep 10, 2025

Ryan Bond Appointed Head of Property and Casualty for Bermuda at Lockton

Risk & Insurance

The latest people news in the industry today. The post Ryan Bond Appointed Head of Property and Casualty for Bermuda at Lockton...

Posted: Sep 10, 2025

Leslie Greve Promoted to Senior Vice President of Marketing at Trucordia

Risk & Insurance

The latest people news in the industry today. The post Leslie Greve Promoted to Senior Vice President of Marketing at Trucordia...

Posted: Sep 10, 2025

Jiten Voralia Appointed Chief Underwriting Officer for Global Reinsurance at Everest Reinsurance

Risk & Insurance

The latest people news in the industry today. The post Jiten Voralia Appointed Chief Underwriting Offic...

Posted: Sep 10, 2025

Illinois Legislation Calls for Home Insurance Premium Caps Could Limit Coverage, Insurers: Triple-I

Carrier Management

Illinois Legislation Calls for Home Insurance Premium Caps Co...

Posted: Sep 10, 2025

California Plans to Boost Utility Wildfire Fund by $18 Billion

Insurance Journal

California lawmakers have reached an initial agreement to shore up the state’s wildfire utility fund. The agreement is expected be filed into legislative text on Wednesday after lawmakers suspended a Tuesday deadline, according to people famili...

Posted: Sep 10, 2025

Michigan Manufacturer to Pay $460K to Settle Sexual Harassment Lawsuit

Insurance Journal

East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, will pay $460,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency anno...

Posted: Sep 10, 2025

Texas to Ban Minors From THC Products

Insurance Journal

THC products will remain largely legal in Texas, but will be banned for minors and further regulated under a new executive order by Gov. Greg Abbott on Wednesday. Abbott directs the Texas Department of State Health Services and the Alcoholic …

Posted: Sep 10, 2025

SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

Insurance Journal

In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus Insurance Co. At the same time,...

Posted: Sep 10, 2025