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As Hurricane Season Continues, FEMA Hiring Freeze Extended Through 2025 The U.S. Federal Emergency Manage...
Posted: Sep 03, 2025
Lawmakers Say Trains Carrying Flammable Cargo Should Be Subject to More Safety Rules When a BNSF freigh...
Posted: Sep 03, 2025
Laurent Rousseau, CEO of EMEA and Global Capital Solutions at reinsurance broker Guy Carpenter, said recently that the reinsurance industry is “clearly and increasingly in a buyer’s market” and stressed that as returns continue t...
Posted: Sep 03, 2025
St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the w...
Posted: Sep 03, 2025
A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather t...
Posted: Sep 03, 2025
Oceanview Reinsurance Ltd. (Oceanview Re), a subsidiary of Oceanview Holdings Ltd., has announced the appointment of Timothy Gasaatura as President and CEO. Gasaatura succeeds Stelian Dragan, who has chosen to relocate to the US after serving as P...
Posted: Sep 03, 2025
Hannover Life Reassurance Company of America (Hannover Re US) has announced key leadership appointments, effective January 1, 2026, including the promotion of Clint Thompson to President and Chief Executive Officer (CEO). Thompson will be succeedi...
Posted: Sep 03, 2025
Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP’s wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration...
Posted: Sep 03, 2025
AI trained in fake worlds may become dangerously unpredictable. The post Sandbox Realities: What Could Happen When AI Lea...
Posted: Sep 03, 2025
When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …
Posted: Sep 03, 2025
Insurance and reinsurance broking group Gallagher has appointed Andy Winwood as a Senior Executive, where he will support Nadim Semaan, Senior Executive Officer, in running the firm’s Middle East & Africa business focusing on large clien...
Posted: Sep 03, 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has launched Assurex Global London Limited (AG London), a bespoke specialist property and casualty wholesale brokerage. AG London, part of the Assurex...
Posted: Sep 03, 2025
Caffrey to Become CEO of White Mountains in 2026 White...
Posted: Sep 03, 2025
Insurers Face Average Annual Loss of $152B From Natural Catastrophes: Verisk Verisk estim...
Posted: Sep 03, 2025
A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners, forcing evacuations and destroying properties. The fire rapidly expanded to 6,473 acres, forcing the evacuation Tuesday of the Chinese Camp Tow...
Posted: Sep 03, 2025
Brown & Brown, an insurance brokerage and risk management firm, has announced that Steve Hearn, Chief Operating Officer (COO), will lead all operations outside of North America across both the Retail and Specialty Distribution segments. Hearn...
Posted: Sep 03, 2025
Google won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with U.S. antitrust enforcers, but ordering Google to share data with rivals to open up …
Posted: Sep 03, 2025
Despite the challenging conditions in Latin America in 2025, reinsurance markets in the region continue to expand, driven by increased demand and greater dynamism, according to a recent AM Best report. One of the challenges is that disinflation is...
Posted: Sep 03, 2025
Walt Disney will pay $10 million to settle U.S. Federal Trade Commission allegations that the company unlawfully allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining thei...
Posted: Sep 03, 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Jane Poole as Group Chief Financial Officer (CFO). Poole succeeds current Group CFO Michael Grist, who has served for nearly 16 years. Grist...
Posted: Sep 03, 2025
The 2025 reinsurance buyers survey from Moody’s Ratings reveals a “decisive shift towards rate reductions” for property reinsurance risks when compared to prior years, while demand for coverage is expected to rise as attachment p...
Posted: Sep 03, 2025
Acrisure Re, the reinsurance division of Acrisure, has announced the release of AcrisureIQ Pro, a new tool aimed at helping clients analyse and adjust their portfolios and reinsurance programmes. AcrisureIQ PRO becomes part of AcrisureIQ, the firm...
Posted: Sep 03, 2025
Fitch Ratings has revised its outlook for the global reinsurance sector to “deteriorating” for 2026 from “neutral” for 2025, reflecting its expectation that underlying operational and business conditions are likely to worsen,...
Posted: Sep 03, 2025
The reinsurance industry has been operating reasonably efficiently and has shown resilience to large losses like the Los Angeles wildfires in January, and, after the 2025 renewal periods, Urs Baertschi, Chief Executive Officer (CEO) of Property &#...
Posted: Sep 03, 2025
ADNOC, an AI-native reinsurance platform and subsidiary of International Holding Company (IHC), has partnered with RIQ, a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi, to collaborate on a long-term reinsuran...
Posted: Sep 03, 2025
Gallagher Re’s CEO, Tom Wakefield, has highlighted robust global reinsurance capital and manageable loss ratios as the market heads towards the 67th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo this week, emphasising that effective...
Posted: Sep 03, 2025
French reinsurer SCOR has successfully placed €500 million Fixed to Floating Rate Subordinated Notes with institutional investors, which mature on September 10, 2055, and are eligible as Tier 2 regulatory capital under Solvency II. The notes are r...
Posted: Sep 03, 2025
A Kentucky man entered a guilty plea to conspiring to defraud the U.S. Mine Safety and Health Administration (MSHA) in relation to an underground fire that occurred in the MC#1 Mine in Franklin County, Illinois, in August 2021. According to …
Posted: Sep 03, 2025
In its latest casualty sector update, developed in collaboration with Moody’s, Aon revealed that emerging risks, such as PFAS contamination, addictive software design, and microplastics, could contribute approximately $5 billion of reinsuran...
Posted: Sep 03, 2025
Despite a fast-evolving cyber threat landscape, Swiss Re reports that cyber insurance rates have deteriorated for a third consecutive year, leading to growth estimates being revised down from 6% to 5% compound annual growth rate (CAGR) from 2023 o...
Posted: Sep 03, 2025
Workers at the Texas Department of Transportation have begun responding to calls to remove debris and abandoned vehicles from West Texas roads and extinguish vehicle fires. They also change flat tires and jumpstart car batteries. The program, launche...
Posted: Sep 03, 2025
The Year So Far: Liberty Improves Most Among Nationals; Discip...
Posted: Sep 03, 2025
Paragon Insurance Holdings, an international managing general agency, has announced the appointment of Maheswaran Sudagar as Chief Actuary. In his new role, Sudagar, a Fellow of the Casualty Actuarial Society (FCAS) with over two decades of experi...
Posted: Sep 03, 2025
A multi-vehicle crash Saturday on an East Texas interstate sent 17 injured people to area hospitals and shut down a major interstate for hours. None of the injuries appeared to be life threatening after the crash along Interstate 20 involving …
Posted: Sep 03, 2025
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurer, has entered into a definitive agreement to acquire 100% of Lloyd’s specialist, Apollo Group Holdings Limited’s shares for a total consideration of...
Posted: Sep 03, 2025
Landmark Dodge, Inc., and Landmark South, Inc. (Landmark Dodge), the owners of automobile dealerships in Independence, Missouri and formerly in Belton, Missouri, will pay $275,000 and furnish other relief to settle a U.S. Equal Employment Opportunity...
Posted: Sep 03, 2025
The Department of Finance (DOF), together with the Global Shield Secretariat, the Institute for Climate and Sustainable Cities (ICSC), and development partners, is working to strengthen climate-disaster risk finance and insurance (CDRFI) mechanism...
Posted: Sep 03, 2025
A slew of companies across sectors ranging from crypto to consumer launched U.S. IPO roadshows on Tuesday, kicking off the post-Labor Day fall window as investor anxiety over U.S. President Donald Trump’s tariffs started to recede. Analysts say...
Posted: Sep 03, 2025
A U.S. judge on Tuesday dismissed an antitrust lawsuit accusing 10 large banks of conspiring to rig corporate bond prices at the expense of ordinary investors, after the original judge recused himself because his wife owned stock in one of …
Posted: Sep 03, 2025
Marsh, a business of Marsh McLennan, announced the extension of its Nimbus insurance facility for the construction of large-scale data centers across the US, as well as in Canada, New Zealand, and Australia. Launched in June and initially covering th...
Posted: Sep 03, 2025
Florida Insurance Comissioner Michael Yaworsky this year has levied more than $2 million in fines against 8 property insurance companies over claims-handling practices flagged by recent market conduct examinations. Three of the companies, American Co...
Posted: Sep 03, 2025
Marsh McLennan Agency, part of Marsh and with offices in New York and around the country, has acquired Robins Insurance of Nashville. The agency, on the cusp of celebrating 50 years in operation, offers business and personal lines coverage in …
Posted: Sep 03, 2025