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Summit Now Offers Workers’ Compensation in Pennsylvania and Delaware

Insurance Journal

Workers’ compensation provider Summit is expanding its coverage offerings to Delaware and Pennsylvania. Summit-managed carriers Bridgefield Casualty Insurance Co., Bridgefield Employers Insurance Co., and Bridgefield Indemnity Insurance Co. rec...

Posted: Feb 12, 2026

Investors: Trump’s Rollback on Greenhouse Gases to Cause Confusion, Could Add Costs

Insurance Journal

The Trump administration’s decision to overturn an Obama-era legal analysis underpinning greenhouse gas rules will sow confusion and add costs for businesses and investors alike, shareholder advocates and portfolio managers say. U.S. President...

Posted: Feb 12, 2026

Beazley survey finds risk convergence driving insurance investment in 2026

Reinsurance News

Specialist insurer Beazley has found that businesses worldwide are navigating a more interconnected risk environment in 2026, with technology and geopolitical pressures emerging as the joint leading concerns. In its latest Risk & Resilience su...

Posted: Feb 12, 2026

A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch

Carrier Management

A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch Fitch Ratings s...

Posted: Feb 12, 2026

AIG Underwriting Income Up 48% in Q4 on North America Commercial

Carrier Management

AIG Underwriting Income Up 48% in Q4 on North America Commercial Fourth-qu...

Posted: Feb 12, 2026

Brown & Brown sees rate conditions shifting in favour of prepared buyers

Reinsurance News

Brown & Brown, Inc., an insurance brokerage and risk management services firm, has released its 2026 Market Trends report, providing a detailed assessment of developments across the insurance landscape and notes that rate conditions in several...

Posted: Feb 12, 2026

Digital MGA Honeycomb Insurance Launches in Oregon

Insurance Journal

Digital MGA Honeycomb Insurance has begun writing policies in Oregon. The launch is Honeycomb’s 21st state in a national expansion. Honeycomb touts its rapid quoting for individual properties and that agents in states supported by Honeycomb can...

Posted: Feb 12, 2026

Chinese Insure Owner to Sell NYC’s Waldorf Astoria After Acclaimed Renovation

Insurance Journal

The Waldorf Astoria hotel on Manhattan’s Park Avenue is coming up for sale following an extensive renovation. Real estate investment bank Eastdil Secured is expected to bring the hotel to market on behalf of the hotel’s Chinese owners, ac...

Posted: Feb 12, 2026

Chinese Insurer Owner to Sell NYC’s Waldorf Astoria After Acclaimed Renovation

Insurance Journal

The Waldorf Astoria hotel on Manhattan’s Park Avenue is coming up for sale following an extensive renovation. Real estate investment bank Eastdil Secured is expected to bring the hotel to market on behalf of the hotel’s Chinese owners, ac...

Posted: Feb 12, 2026

Delaware Supreme Court Affirms D&O Coverage in Merger Settlement Despite ‘Bump-Up’ Exclusion

Risk & Insurance

Court rules insurers failed to prove settlement represented effective increase in deal consideration, reinforcing high burden on carriers to invoke exclusions in D&O policies. The post

Posted: Feb 12, 2026

AXA DCP partners with Planet to track natural catastrophes

Reinsurance News

AXA Digital Commercial Platform, a ‘first-of-its-kind’ AI-powered all-in-one risk management system and newest arm of AXA, has partnered with Earth imaging company Planet to track natural catastrophes such as earthquakes and hurricanes...

Posted: Feb 12, 2026

Markel Insurance appoints Zurich’s John Bang as Head of Korea and Japan

Reinsurance News

Markel Insurance, the insurance operation within Markel Group Inc., has appointed John Bang as its inaugural Head of Korea and Japan, effective immediately. He will be responsible for launching Markel International’s Japan and Korea desks, o...

Posted: Feb 12, 2026

AM Best revises outlook on US D&O liability insurance segment to stable

Reinsurance News

AM Best has announced it is revising its market segment outlook for the US directors and officers (D&O) liability insurance segment to stable from negative, citing rate stabilisation and improving loss ratios, among other factors. The upgrade...

Posted: Feb 12, 2026

Philippe Domart to lead Covéa Insurance UK as CEO

Reinsurance News

Covéa Insurance UK has appointed Philippe Domart as its Chief Executive Officer (CEO), subject to regulatory approval, effective April 1st, 2026. In the new role, Domart succeeds Georges De Macedo. Additionally, he will relocate to the UK to be cl...

Posted: Feb 12, 2026

Chubb appoints Morales as Regional Executive Officer of Spain, Portugal, Italy

Reinsurance News

Large US insurer Chubb has announced the appointment of José Ramón Morales as Regional Executive Officer, Southern Region (Spain, Portugal, Italy) and Head of the Underwriting Centre, Continental Europe, Middle East and North Africa, effective Apr...

Posted: Feb 12, 2026

Markets/Coverages: Re/Insurer Canopius Launches Natural Resources Team

Insurance Journal

Canopius, the international specialty and property/casualty re/insurer, has announced the creation of its consolidated Natural Resources team in response to market demand. The team encompasses energy, heavy industry and construction to better reflect...

Posted: Feb 12, 2026

Prudent management and few cat events drive record 2025 for Mapfre Re

Reinsurance News

Mapfre has reported that Mapfre Re, which encompasses its Reinsurance and Global Risks businesses, delivered a record result of €381 million in 2025, an increase of 17.2% year on year, driven by prudent management and the absence of catastrophe ev...

Posted: Feb 12, 2026

Portugal Deadly Floods Force Evacuations, Collapse Main Highway

Insurance Journal

Thousands of people fled their homes in central Portugal after rising waters burst through the banks of the Mondego River, flooding roads, collapsing critical infrastructure and leaving vast areas of farmland under water. At least 3,000 people were e...

Posted: Feb 12, 2026

Severe weather in Andalusia tests Spain’s agricultural insurance framework: Morningstar DBRS

Reinsurance News

Morningstar DBRS, the credit ratings agency, has stated that severe and persistent weather events in southern Spain are adding pressure to the country’s agricultural insurance framework, while leaving private insurers largely insulated from materi...

Posted: Feb 12, 2026

AXIAN Bets on Insurance to Deepen Risk Underwriting in Africa

Insurance Journal

AXIAN Group, a pan-African conglomerate spanning telecommunications, energy, real estate, fintech and financial services, is expanding into insurance underwriting to tap the world’s least covered regions. The group, which generated $2.75 billio...

Posted: Feb 12, 2026

Descartes strengthens European footprint with strategic hires and promotions

Reinsurance News

Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has expanded Commercial Director Juan Maria Marqués Domenech’s responsibilities to cover Central Europe in addition to Iberia. In a...

Posted: Feb 12, 2026

Mission appoints Tom Hill as Chief Commercial Officer, UK and Europe

Reinsurance News

Global MGA incubator Mission has appointed Tom Hill as Chief Commercial Officer (CCO) of the UK and European operation. Hill is a career-long MGA specialist, and brings a unique combination of underwriting, DUA placement and MGA founding experienc...

Posted: Feb 12, 2026

Prime Insurance Announces Strategic Addition of Fernando “Fernie” Alvarez to Support High Net Worth...

Insurance Journal

Salt Lake City, UT — Prime Insurance today announced the strategic addition of Fernando “Fernie” Alvarez as President, High Net Worth & Specialty Programs, supporting the continued growth of Prime’s High Net Worth and Excess &#3...

Posted: Feb 12, 2026

IAG maintains FY26 insurance profit target despite RACQI impact

Reinsurance News

IAG has reported net profit after tax for H1 of the 2026 financial year of AU$505m, down from AU$778m in the same period of 2025. The result was impacted by the one-off RACQI impact of AU$174m from severe seasonal weather immediately following the...

Posted: Feb 12, 2026

Palomar’s net income rises 60.6% to $56.2m for Q4’25

Reinsurance News

Specialty insurer Palomar Holdings, Inc. has reported a 60.6% rise in net income to $56.2 million for the fourth quarter of 2025, compared to net income of $35 million in Q4’24. The insurer reported strong underwriting results for the quarter as g...

Posted: Feb 12, 2026

Joe Peiser named CEO of Aon’s Risk Capital

Reinsurance News

Joe Peiser will lead Aon’s Risk Capital capabilities across both Commercial Risk and Reinsurance Solutions, as the broker continues to enhance and execute its Risk Capital strategy. Peiser joined Aon in 2021 as Commercial Risk Leader for Nor...

Posted: Feb 12, 2026

PURE offers Ting fire prevention program to Ontario members

coverager

PURE indicated it plans to introduce additional loss prevention programs for Canadian members targeting other common sources of property damage.

Posted: Feb 12, 2026

Aviva passes 100 transactions through small-scheme BPA solution

coverager

The insurer has also introduced a new fast-track option for 2026.

Posted: Feb 12, 2026

InsurTech funding up to $5.08bn in 2025 as re/insurers make more investments: Gallagher Re

Reinsurance News

At $1.68 billion, global InsurTech funding in the fourth quarter of 2025 increased by an impressive 66.8% over the prior quarter, the highest level of quarterly funding since Q3 2022, as investments in insurtech for the full year 2025 rose by almo...

Posted: Feb 12, 2026

Bus Crash Involving Iowa College Baseball Team Leaves One Dead, 32 Injured

Insurance Journal

A bus carrying an Iowa community college baseball team crashed and overturned in a ditch on Wednesday, Feb. 11, killing one person and injuring 32 others onboard. The crash involved a bus carrying Iowa Lakes Community College baseball team and &#8230...

Posted: Feb 12, 2026

People Moves: Unison Risk Advisors Names O’Sullivan as Chief People Officer

Insurance Journal

Unison Risk Advisors announced the appointment of Nicole L. O’Sullivan as chief people officer. Based in Cleveland, Ohio, O’Sullivan will lead the firm’s human capital strategy, supporting talent, leadership, and culture initiatives...

Posted: Feb 12, 2026

Texas AG Sues Snapchat for Alleged Inappropriate Material and Addictiveness

Insurance Journal

Texas Attorney General Ken Paxton on Wednesday sued the company that owns Snapchat, accusing the social media organization of failing to adequately warn parents about inappropriate material on the platform and downplaying its addictiveness. The lawsu...

Posted: Feb 12, 2026

Drones, Drugs, Laser Beams Stir Confusion Over Texas Skies

Insurance Journal

For a few hours on Wednesday, the sleepy airport of El Paso, Texas, became a sudden flashpoint for confusion. Late Tuesday night, the Federal Aviation Administration issued a terse notice to pilots that airspace in the area would close — …

Posted: Feb 12, 2026

Insurance Issue Leaves Some Players Off World Baseball Classic Rosters

Insurance Journal

Francisco Lindor, Carlos Correa, and Jose Altuve were left off their countries’ rosters for the World Baseball Classic over insurance coverage. Lindor and Correa were left off Puerto Rico roster. Altuve was not included in Venezuela’s ros...

Posted: Feb 12, 2026