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People Moves: Wall Named President at DOXA

Insurance Journal

DOXA, headquartered in Fort Wayne, Indiana, appointed Kevin Wall as president. An early addition to the leadership team at DOXA, Wall oversaw the company’s financial strategy as chief financial officer for eight years. Wall has over 15 years of...

Posted: Oct 02, 2025

Louisiana Department of Insurance Issues Guidance on NFIP Expiration

Insurance Journal

The National Flood Insurance Program expired Wednesday after Congress did not pass a federal budget ahead of an Oct. 1 deadline. The lapse means no new federal flood policies will be sold, and expiring policies will not be renewed. The …

Posted: Oct 02, 2025

9 in 10 businesses interested in insurance for Gen-AI-related risks: GA

Reinsurance News

Over 90% of businesses worldwide have expressed interest in insurance coverage for Generative AI (Gen AI) risks, with two-thirds willing to pay at least 10% higher premiums for such coverage, according to a new report by the Geneva Association. Th...

Posted: Oct 02, 2025

No Ticket for Illegal U-Turn by Self-Driving Waymo Sparks Outrage

Carrier Management

No Ticket for Illegal U-Turn by Self-Driving Waymo Sparks Outrage Police in Northern California were un...

Posted: Oct 02, 2025

Family of Man Who Died in Ohio Jail Reaches $7M Settlement

Insurance Journal

The family of a man who died after being restrained in an Ohio county jail said Tuesday that they have reached a $7 million settlement agreement with the county and are pushing officials there to prevent something like the death …

Posted: Oct 02, 2025

Aon appoints Srivastava as Global Chief Broking Officer for Reinsurance

Reinsurance News

Aon, a global insurance and reinsurance broking group, has announced the appointment of Anshuman Srivastava as its new Reinsurance Global Chief Broking Officer, a London-based role. In his new role, Srivastava will continue to collaborate with rei...

Posted: Oct 02, 2025

Coca-Cola Bottling Distributor Sued for Disability Discrimination Against Louisiana Worker

Insurance Journal

Coca-Cola Bottling Company United, Inc. (CCBCU), the third-largest bottler and distributor of Coca-Cola products in the United States, violated federal law by failing to accommodate an employee with a disability and then firing him because of his dis...

Posted: Oct 02, 2025

Coca-Cola Distributor Sued for Disability Discrimination Against Louisiana Worker

Insurance Journal

Coca-Cola Bottling Company United, Inc. (CCBCU), the third-largest bottler and distributor of Coca-Cola products in the United States, violated federal law by failing to accommodate an employee with a disability and then firing him because of his dis...

Posted: Oct 02, 2025

Trump’s $7.6 Billion Energy Cuts Hit California Grid Upgrade

Insurance Journal

The Trump administration’s plan to cancel billions of dollars for energy projects following the U.S. government shutdown includes an initiative to upgrade electric transmission lines in California. A consortium that included the California Ener...

Posted: Oct 02, 2025

Vantage promotes Krista Robinson to Chief Risk Officer

Reinsurance News

Vantage Group Holdings Ltd., a specialty insurer and reinsurer, has announced the promotion of Krista Robinson to Chief Risk Officer. Robinson succeeds Peter Skerlj, who is retiring after more than 25 years in the industry, including nearly three...

Posted: Oct 02, 2025

Tampa-Based Professional Insurance Services Merges With Lawley

Insurance Journal

Lawley, a family owned insurance brokerage and benefits firm, has expanded into Florida through a merger with Tampa-based Professional Insurance Services. It’s the first Florida location for the Buffalo, New York-based Lawley, but its 18th in t...

Posted: Oct 02, 2025

FUTURE-PROOFING YOUR CAREER

Rough Notes

Must-have skills for the new world of work There is no doubt that AI will replace humans. Humans who understand how to leverage AI’s strengths and weaknesses and effectively position themselves will replace humans who don’t. By Kimberly Paterson, CEC...

Posted: Oct 02, 2025

Aktia Life Insurance launches SCOR’s Velogica in Finland

Reinsurance News

SCOR Digital Solutions has announced the launch of Velogica, its cloud-based automated underwriting solution, with its strategic partner Aktia Life Insurance in Finland. Built on SCOR’s proprietary risk expertise and powered by dynamic questionnai...

Posted: Oct 02, 2025

Cybersecurity Safe Harbor Laws Expand Across Six States, Offering Legal Protection

Risk & Insurance

New state regulations provide liability shields for businesses that implement recognized security frameworks: RIMS. The post

Posted: Oct 02, 2025

LANGUAGE AND THE RENEWAL PROCESS

Rough Notes

Renewal and relationship are not one and the same [We] must frame our conversations with clients in a way that supports the agency’s service model as a differentiator separate and distinct from the insurance contract. By Scott Naugle The annual renew...

Posted: Oct 02, 2025

SCDOI Approves Rate Drop on Credit Property Insurance

Insurance Journal

South Carolina’s insurance director has given final approval to a rate cut on credit property insurance, the coverage that lenders take out on personal property used as collateral. The 2026 rate for household goods – single interest coverage –...

Posted: Oct 02, 2025

At-Bay reveals new cyber insurance solutions for ransomware and financial fraud

Reinsurance News

At-Bay, a provider of cybersecurity-driven insurance solutions, has launched two new offerings aimed at giving mid-market and small businesses stronger protection against ransomware and financial fraud. The solutions combine enterprise-grade manag...

Posted: Oct 02, 2025

HARVEST THE FALL: TURN REFERRALS INTO REVENUE

Rough Notes

High-leverage moves to finish the year strong and “plant seeds” for a successful spring If you’re not proactively checking in with your clients before the year wraps, you’re leaving relationship capital—and likely revenue—on the table. By Carolyn Smi...

Posted: Oct 02, 2025

Flood Insurer Neptune Shares Climb 24% After $368 Million US IPO

Insurance Journal

Neptune Insurance Holdings Inc. shares jumped 24% after the flood insurance company’s shareholders raised $368.4 million in a US initial public offering. Shares of the St. Petersburg, Florida-based firm closed at $24.80 each on Wednesday, versu...

Posted: Oct 02, 2025

EPA Wants to Roll Back Super Pollutant Rules

Insurance Journal

The Environmental Protection Agency has proposed loosening a rule phasing down the use of hydrofluorocarbons, or HFCs, highly potent greenhouse gases used in refrigerators and air conditioners. The Tuesday proposal comes in response to concerns &#822...

Posted: Oct 02, 2025

Cyber Tops List of Business Risks With Geopolitical Volatility Surging Into Top 10: Aon

Carrier Management

Cyber Tops List of Business Risks With Geopolitical Volatility Surging Into...

Posted: Oct 02, 2025

Achmea, Lifetri, and Sixth Street launch major pension and life insurance partnership

Reinsurance News

Dutch insurance provider Achmea, technology-driven insurer Lifetri, and investment firm Sixth Street have finalised a strategic partnership in the pension and life insurance sector. Initially announced in November 2024, the collaboration has now r...

Posted: Oct 02, 2025

BE PRESENT. SHOW UP. BUILD COMMUNITY.

Rough Notes

The power of local philanthropy for independent agents [You] do not need a huge platform or a million-dollar budget to make a difference. It can start with one dollar, one hour or simply the effort to spread awareness around a cause. By Sarah Stephen...

Posted: Oct 02, 2025

Tyson Foods to Pay $85 Million in Largest Pork Price-Fixing Settlement

Insurance Journal

Tyson Foods agreed to pay $85 million to settle a lawsuit by consumers who accused the largest U.S. meat company of conspiring with rivals to inflate pork prices by limiting supply in the $20 billion U.S. market. The preliminary class …

Posted: Oct 02, 2025

DUAL UK secures five-year Zurich-led capacity deal

Reinsurance News

DUAL UK has announced a five-year capacity deal led by global insurer Zurich, along with Liberty and other A-rated capacity providers to support its new regional Commercial Combined product. The new product is aimed at the £10,000 – £50,000 premiu...

Posted: Oct 02, 2025

Descartes Underwriting’s Tanguy Touffut Talks to Risk & Insurance

Risk & Insurance

Secondary peril exposures are driving interest in reinsurance and parametric insurance covers. The post Descartes Underwriting’s Ta...

Posted: Oct 02, 2025

People Moves: Air Force, OSHA Veteran Stager Joins MEMIC Loss Control Team

Insurance Journal

The MEMIC Group, headquartered in Portland, Maine, hired Eric Stager to serve as a safety management consultant on its loss control team. He will work with policyholders throughout the Northeast. Stager served as chief master sergeant and senior enli...

Posted: Oct 02, 2025

Augment Risk and Cohen partner to bridge gap between reinsurance and ILS capital for casualty

Reinsurance News

Augment Risk, a risk capital and reinsurance solutions intermediary, and Cohen & Company, an asset management specialist, have entered a strategic joint venture that aims to transform the casualty reinsurance landscape by bridging the gap betw...

Posted: Oct 02, 2025

Death and Insurance (Not Taxes), Part 2

Insurance Journal

This is part 2 of a guest post series from our friend, Christopher Boggs, Chief Consultant at Boggs Risk & Insurance Consulting. In his prior post, he analyzed how an ISO homeowners policy could potentially respond in the event of …

Posted: Oct 02, 2025

Allstate Promotes Rizzo to COO, Merten to President of Property-Liability

Insurance Journal

Allstate Corp. did some shuffling of it’s senior leadership team Oct. 1. Effective immediate, Mario Rizzo is chief operating officer. He will be responsible for the Northbrook, Illinois-based insurer’s Property-Liability and Protection Se...

Posted: Oct 02, 2025

Novacore to Acquire Real Estate Insurance MGA Minglewood Risk

Insurance Journal

Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, has agreed to acquire Minglewood Risk, an MGA specializing in habitational and real estate coverages. Founded in Langhorne, P...

Posted: Oct 02, 2025

INTENTIONAL RETENTION

Rough Notes

  Planning, measuring, recruiting, getting organized, communicating Why be intentional about retention? It starts with caring about clients and results in profitability. By Cheryl Koch, CPCU, ARM, AAI, ACSR, AFIS, and Mary Belka, CPCU, ARM, ARe, RPLU...

Posted: Oct 02, 2025

Markets/Coverages: WTW Offers Parametric Insurance With Weather-Warning Trigger

Insurance Journal

Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service. This has been designed …

Posted: Oct 02, 2025

Fitch shifts Mercury’s outlook to Stable on improved reinsurance program

Reinsurance News

Fitch Ratings has revised Mercury’s outlook to Stable, citing reduced concerns over the January 2025 wildfires and their potential impact on capital and profitability, as well as improvements in the company’s renewed catastrophe reinsurance progra...

Posted: Oct 02, 2025

Storm Threatens to Disrupt Transport Systems Across Northern UK

Insurance Journal

The first named storm of the season is forecast to hit the UK and Ireland with heavy rain and gale-force winds on Friday and Saturday, disrupting transport in northern regions. Amber and yellow alerts have been issued for a large …

Posted: Oct 02, 2025

Gallagher Re appoints Jennifer Wen as Executive Director, Taiwan

Reinsurance News

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has appointed Jennifer Wen as an Executive Director for its Taiwan team. In her new role, Wen will be responsible for leading the growth and continued expansion of the reinsuranc...

Posted: Oct 02, 2025

Q3 2025 cat bond issuance of $1bn+ takes nine-month total to record $18.6bn: Artemis

Reinsurance News

Catastrophe bond and related insurance-linked securities (ILS) issuance of $1.036 billion in the third quarter of 2025 has taken issuance for the nine-month period to September 30th, 2025, to $18.6 billion, which is a new annual record for the mar...

Posted: Oct 02, 2025

Standardised metrics needed to close $0.9tn cyber risk protection gap: Zurich

Reinsurance News

With the world facing a $0.9 trillion cyber risk protection gap, Zurich is calling for the adoption of standardised national cyber security metrics to close it, which would involve the collaboration between governments and the private sector. This...

Posted: Oct 02, 2025

WTW introduces parametric policy triggered by red weather warnings

Reinsurance News

Willis, a WTW business, has launched a first-of-its-kind parametric policy that triggers automatically when a Red Weather Warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service. The policy was developed in...

Posted: Oct 02, 2025

AXIS Capital appoints Hannah Hosking as Head of Distribution, Global Markets

Reinsurance News

AXIS Capital Holdings Limited, a global specialty underwriter and provider of insurance and reinsurance solutions, has announced the appointment of Hannah Hosking as Head of Distribution, Global Markets. Based in AXIS’ London office, Hosking will...

Posted: Oct 02, 2025