All Posts

Niyam becomes first IIO to offer Lloyd’s capacity from GIFT City

Reinsurance News

Niyam Group has received authorisation to operate as a Tier 2 Insurance Intermediary Office (IIO) in GIFT City, with Sumit Aneja appointed as Principal Officer. The company was launched in January this year by Bobby Swarup, an insurance industry v...

Posted: Mar 30, 2026

Simon Global Insurance Group establishes Lloyd’s Coverholder MGA, Specialty X Global

Reinsurance News

Newly established managing general agent (MGA), SXG Underwriting Limited (Specialty X Global), has been launched by Simon Global Insurance Group, while being approved as a Lloyd’s coverholder. Specialty X Global is based in Hong Kong, and as...

Posted: Mar 30, 2026

Climative introduces insurance platform to turn climate risk insight into practical action

Reinsurance News

Climative, a property-level climate intelligence firm, has introduced a new insurance-focused platform aimed at helping insurers communicate climate risk to homeowners in a clearer and more practical way. The company, which specialises in translat...

Posted: Mar 30, 2026

Oliver Wyman appoints Helen Leis as Global Head of Leadership and Change

Reinsurance News

Oliver Wyman, a management consulting firm and part of Marsh, has appointed Helen Leis to the newly created role of Global Head of Leadership and Change, to guide clients through uncertainty and complex transformations. Leis steps into the new rol...

Posted: Mar 30, 2026

Trump Unveils New Loan Guarantees for Beleaguered Farmers

Insurance Journal

President Donald Trump announced new loan guarantees for farmers and food suppliers, a bid to bolster US agricultural communities squeezed by the impact of the Iran war, tariffs and other challenges. Trump said the loan guarantees would cover farmers...

Posted: Mar 30, 2026

Converge gets additional cyber insurance capacity from Lloyd’s

Reinsurance News

Converge, a company specialising in cyber risk management and underwriting, has secured additional underwriting capacity from Lloyd’s, the world’s oldest insurance and reinsurance marketplace, for companies with annual revenues up to $...

Posted: Mar 30, 2026

Arch Insurance UK Regional Division name Tinworth Senior P&C Underwriter

Reinsurance News

Henry Tinworth has joined Arch Insurance UK Regional Division as Senior Property & Casualty Underwriter, effective immediately, based in Leeds. In his new role, Tinworth will leverage his 10 years of UK insurance marketexperience to drive new...

Posted: Mar 30, 2026

Bank of America Agrees to Pay $72.5M to Settle Epstein Accusers’ Lawsuit

Insurance Journal

Bank of America agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Friday. Lawyers for the bank and the women …

Posted: Mar 30, 2026

Lines Persist at Some Airports After Trump Signs TSA Pay Memo

Insurance Journal

Several US airports advised travelers on Saturday to arrive at least four hours before their flights because of long security lines even after President Donald Trump said Transportation Security Administration workers would be paid by tapping funds f...

Posted: Mar 30, 2026

Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses

Insurance Journal

Average cyber insurance claim severity for large accounts in the U.S. nearly doubled in 2025, according to a new Chubb report. The insurer’s 2026 Cyber Claims Report found that average severity for businesses with $1 billion or more in revenue...

Posted: Mar 30, 2026

Sarasota Homeowners Say Breach in County Dike Caused Flooding in Hurricane Debby

Insurance Journal

More than 100 homeowners have charged in a lawsuit that officials in Sarasota County, Florida, failed to maintain a dike for years, allowing Hurricane Debby’s floodwaters to inundate homes throughout an upscale subdivision. “Engineering m...

Posted: Mar 30, 2026

Investigators Find Mississippi Gas Pipes Separated but Utility Discounted the Danger

Insurance Journal

Separate natural gas explosions in January 2024 that destroyed two homes in Jackson, Mississippi resulted from underground pipes pulling loose from their fittings as spongy clay soil expanded and contracted with rainfall, according to a federal repor...

Posted: Mar 30, 2026

2 Students Dead and Others Injured in Tennessee School Bus Crash

Insurance Journal

A school bus crash in west Tennessee on Friday killed two students and injured at least seven other people, officials said. The crash involving a Tennessee Department of Transportation dump truck, a Chevrolet Trailblazer and the school bus took place...

Posted: Mar 30, 2026

Study: Rebuilding LA to Wildfire Safety Standards Could Lower Future Fire Losses

Insurance Journal

A new analysis from the California Department of Insurance and the National Association of Insurance Commissioners shows that rebuilding the communities destroyed by the January 2025 Palisades and Eaton fires to a standard set by the Insurance Instit...

Posted: Mar 30, 2026

Inszone Acquires Streeter Brothers Insurance in Montana

Insurance Journal

Inszone Insurance Services acquired Streeter Brothers Insurance in Billings, Montana. Streeter Brothers Insurance will continue operating from its current Billings location, with the existing team remaining in place. Founded in 1922 by Delton and Del...

Posted: Mar 30, 2026

Teens Get Probation for Creating Fake Nudes of Students; Claim Against School Expected

Insurance Journal

Two teenage boys who used artificial intelligence to create fake nude photos of their classmates at an exclusive private school in Pennsylvania received probation last Wednesday after dozens of victims described the images’ traumatizing effect...

Posted: Mar 30, 2026

Teens Get Probation for Making Fake Nudes of Students; Claim Against School Expected

Insurance Journal

Two teenage boys who used artificial intelligence to create fake nude photos of their classmates at an exclusive private school in Pennsylvania received probation last Wednesday after dozens of victims described the images’ traumatizing effect...

Posted: Mar 30, 2026

Crypto ‘Insurance’ Might Not Protect Customers From Theft

Insurance Journal

When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn’t too worried. He had signed up for Coinbase One, a $29.99 monthly subscription that promised up to $1 million of account protection. Coinbase...

Posted: Mar 30, 2026

AM Best upgrades Ocean Re’s credit ratings

Reinsurance News

Ocean International Reinsurance Company Limited (Ocean Re) has had its Financial Strength Rating upgraded to A (Excellent) from A- (Excellent) and its Long-Term Issuer Credit Rating upgraded to “a” (Excellent) from “a-” (Excellent) by AM Best, wit...

Posted: Mar 30, 2026

Baseball Player Sues His Parents, Alleging They Are Misusing His Money

Insurance Journal

Philadelphia Phillies third baseman Alec Bohm has sued his parents for millions of dollars, accusing them of siphoning large amounts of his money into financial accounts they managed for him and then using some of the cash to pay their …

Posted: Mar 30, 2026

The AI Confidence Gap: Why Workers’ Compensation Leaders Need Better Governance Before Deployment

Risk & Insurance

Misunderstanding artificial intelligence (AI) could put organizations and patients at risk. Here's what executives need to know about responsible AI adoption in workers' comp. The post

Posted: Mar 29, 2026

Triple-I Launches Legal System Abuse Awareness Campaign in Missouri

Insurance Information Institute

For Immediate Release Contact: [email protected]   MALVERN, Pa., March 31, 2026 – The Insurance Information Institute (Triple-I) recently launched a comprehensive awareness campaign in Missouri, highlighting the devastating impacts of legal system abuse...

Posted: Mar 29, 2026

MISSION Underwriters Launches Latin America Platform, Names Pedroza President

IIR

The program administrator has expanded into Latin America to build facultative reinsurance programs and support regional underwriting growth.

Posted: Mar 29, 2026

Willis Launches Facility to Expand U.S. Umbrella Capacity

IIR

The broker has introduced a new umbrella solution to provide additional liability limits for complex casualty risks amid constrained market capacity.

Posted: Mar 29, 2026

INSTANDA Launches MAX for AI-Driven Commercial Underwriting

IIR

The platform enables insurers to underwrite large asset portfolios with granular data, real-time updates and AI-supported decision-making.

Posted: Mar 29, 2026

MCP as the Control Plane for AI Tooling in Insurance

IIR

A protocol-based approach to governance and integration can turn agentic AI from fragile experimentation into auditable, production-grade execution.

Posted: Mar 29, 2026

Crawford & Company names W. Bruce Swain Jr. President & CEO

coverager

The company also announced that Jesse Crawford, Sr. will transition to an honorary board role.

Posted: Mar 28, 2026

Clearcover taps Strada to automate customer operations

coverager

Clearcover plans to expand the partnership into claims-related workflows and additional servicing use cases in the coming months.

Posted: Mar 28, 2026

Marsh McLennan Agency launches healthcare pricing tool

coverager

The positioning suggests a niche agency model targeting the agricultural segment.

Posted: Mar 28, 2026

More Insurance M&A Deals on the Horizon?

Carrier Management

More Insurance M&A Deals on the Horizon? Tw...

Posted: Mar 27, 2026

Roadless Rule Recision on Forest Lands Could Increase Wildfire Risk: Study

Carrier Management

Roadless Rule Recision on Forest Lands Could Increase Wildfire Risk: Study Last year, the U.S. Department of...

Posted: Mar 27, 2026

Swiss Re flags accumulation risk in data centres as key underwriting challenge

Reinsurance News

The data centre industry is evolving into increasingly complex, high-energy-density facilities that concentrate risks within single sites, with underwriting success depending not only on capacity, but also on specialised technical assessment and d...

Posted: Mar 27, 2026

Safety System Failed to Prevent Deadly Runway Collision at LaGuardia Airport

Carrier Management

Safety System Failed to Prevent Deadly Runway Collision at LaGuardia Airport The systems in place at Ne...

Posted: Mar 27, 2026

Demand, Risks for Global Data Center Insurance Growing: Report

Carrier Management

Demand, Risks for Global Data Center Insurance Growing: Report Fast growth in data cent...

Posted: Mar 27, 2026

Ohio Contractor Sentenced to 17 Years in Prison on Fraud Charges

Insurance Journal

A pole barn contractor who defrauded consumers of more than $400,000 has been sentenced to at least 17 years in prison after being convicted of 47 felony counts, Ohio Attorney General Dave Yost announced this week.. This month, Marion resident &#8230...

Posted: Mar 27, 2026