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Swiss Re tops the list of the world’s 40 largest reinsurers, followed by Munich Re and Hannover Re, according to S&P Global Ratings. Berkshire Hathaway Insurance Group comes in at number four, while Lloyd’s is ranked at number 5 and &...
Posted: Sep 09, 2025
Alphabet Inc.’s Google was sued by advertising exchange PubMatic Inc., which is seeking billions of dollars over its claim that the search giant has illegally monopolized the ad technology market. The lawsuit, filed Monday in federal court in V...
Posted: Sep 09, 2025
Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their hom...
Posted: Sep 09, 2025
The average annual loss of infrastructure including buildings caused by disasters in Africa is $12.7 billion, according to the Coalition for Disaster Resilient Infrastructure. Of the damage 70% is caused by floods followed by earthquakes at about 28%...
Posted: Sep 09, 2025
France’s parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone’s second-largest economy. Lawmakers voted to oust Prime Minister F...
Posted: Sep 09, 2025
A Connecticut insurance agent has no duty to inform clients that their home insurer intends not to renew their insurance policy, the state’s high court recently affirmed in a case where the homeowners had argued that their long relationship wit...
Posted: Sep 09, 2025
The California Insurance Wholesalers Association has created the CIWA Future Matt Abram Scholarship, established in memory of Matthew Abram. The scholarship helps celebrate Abram’s legacy of energy, community, and connection by supporting risin...
Posted: Sep 09, 2025
Oregon employers on average would pay 87 cents per $100 of payroll for workers’ compensation costs in 2026, down from 91 cents this year, under a new proposal. The Oregon Department of Consumer and Business Services called for the decline ̷...
Posted: Sep 09, 2025
Treaty reinsurance business in the London company market expanded by more than 10% last year, according to data from the International Underwriting Association (IUA), the trade body representing companies operating in the London insurance market....
Posted: Sep 09, 2025
The cost of property insurance in the US rose to an all time-high in the first half of the year, as homeowners faced sharp price increases in states recently affected by climate-related disasters, such as California. The average insurance payment ...
Posted: Sep 08, 2025
Parento has secured new capital to grow its parental leave insurance offerings and expand into new markets.
Posted: Sep 08, 2025
MAPFRE has invested in Blue Marble, expanding a global insurance coalition focused on underserved communities vulnerable to climate change.
Posted: Sep 08, 2025
The new version includes AI-driven underwriting tools and real-time dashboards to improve claims, billing, and operational visibility.
Posted: Sep 08, 2025
Applied Systems has acquired Cytora to extend AI-enabled automation across insurance workflows for carriers, brokers and agencies.
Posted: Sep 08, 2025
The API-enabled solution that streamlines and automates insurance verification during the mortgage loan origination process.
Posted: Sep 08, 2025
For carriers, clarity and flexibility matter more than ever.
Posted: Sep 08, 2025
The solution supports re/insurers’ catastrophe response before, during, and after an event.
Posted: Sep 08, 2025
Agency network Renaissance said it has become the first of its kind to deliver an exclusive suite of artificial intelligence solutions built specifically for independent insurance agents. “Independent insurance agents face unique challenges tha...
Posted: Sep 08, 2025
7 Questions to Guide Your AI Adoption Strategy PaulCarroll
Posted: Sep 08, 2025
When news broke last Wednesday afternoon of a last-minute push to pass new, stricter regulations for consumable hemp products, the employees at Austin Vape & Smoke sprung into action. Zaquiri Hensen, a manager at the South Austin store, said he &...
Posted: Sep 08, 2025
According to Josh Knapp, Executive Vice President of global reinsurance broker Gallagher Re, aggregate protection is making a resurgence, especially for US cedants, when the program is appropriately structured and has a practical attachment point...
Posted: Sep 08, 2025
Liability Waiver Won’t Shield Vail Resorts From $21M Ski Lift Fall Verdi...
Posted: Sep 08, 2025
‘Urgent Action’ Needed to Protect Workers From Rising Temperatures Governments and...
Posted: Sep 08, 2025
Tornadoes Considered Scariest Natural Disaster: Survey New research sugg...
Posted: Sep 08, 2025
Two Upgrades and a Downgrade: Rating Action...
Posted: Sep 08, 2025
French prosecutors stepped up an investigation into Royal Philips NV for potentially causing danger to human health with breathing devices, tasking a magistrate with deeper probing powers to lead the case. Paris prosecutors said on Monday that the de...
Posted: Sep 08, 2025
Specialty insurance broker Price Forbes has appointed Eric Wang Mingchao as the Head of Affinity, Singapore, reporting to Julian Coates, Chief Broking Officer, Price Forbes Singapore. In his new role, Mingchao will lead and grow the broker’s...
Posted: Sep 08, 2025
Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars in damages is jeopardizing its ability to continue providing power to hundreds of thousands of customers...
Posted: Sep 08, 2025
Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and Jessica Cullen appointed head of excess casualty and operations. Rapciewicz will oversee the strategi...
Posted: Sep 08, 2025
Starting in January, workers’ compensation insurance rates for Florida businesses could drop by an average of 7%. The National Council on Compensation Insurance last week recommended an average rate decrease of 6.9% for the voluntary market, ef...
Posted: Sep 08, 2025
During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Urs Baertschi, CEO Property & Casualty Reinsurance at Swiss Re, said that there is a reasonable balance between insurance and reinsurance companies around risk sharing for natural...
Posted: Sep 08, 2025
Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insura...
Posted: Sep 08, 2025
Florida Surgeon General Joseph Ladapo said there’s no need to do projections of the potential effects of ending vaccine mandates for children, as Governor Ron DeSantis pushes to make his state the first one to scrap immunization requirements. &...
Posted: Sep 08, 2025
The immigration raid on a Georgia EV battery plant run by two South Korean firms has rattled Seoul, coming less than two weeks after President Lee Jae Myung’s White House meeting with Donald Trump where Korean companies pledged to invest …...
Posted: Sep 08, 2025
Most California homes were built long before the state required that they be constructed to withstand wildfires. Now, sellers of older homes in high-risk areas must disclose to potential buyers not only a dwelling’s susceptibility to fire but w...
Posted: Sep 08, 2025
Innovation, technology, and a culture of experimentation are essential for the reinsurance industry to close the protection gap, said Jean-Jacques Henchoz, Chairman of the Board at BMS Group and former Hannover Re CEO, speaking at PwC’s annual bre...
Posted: Sep 08, 2025
Ryan Specialty Launches New Sidecar to Support Its Delegated Un...
Posted: Sep 08, 2025
A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …
Posted: Sep 08, 2025