Flood Re has been doing some important research – Tape v Sandbags
While actuaries and flood mappers have been doing the boring stuff, Hull University has been helping with something that sounds a lot like an episode of Braniac
Insurance News
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
Isaias proved to be somewhat unusual in that its eastern eyewall did not produce the strongest winds or the most wind claims. The storm's eye came ashore near the resort city of Destin in Okaloosa Cou
Howden names European CEO as it continues expansion
Howden will appoint Enrico Nanni as CEO for Europe from the start of next year, in addition to his current role as chief commercial officer. Nanni will report to Luigi Sturani, CEO for Europe, Middle
Green buildings aren't safer
Property insurance panel delivers verdict on renewals, risk profiles and more
Former Portfolio Manager Sues Fidelity After Leaving for Michael Dell’s Family Office
A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package after he
Howden splits Europe and EMEA leadership with dual appointments
The structural change reflects five years of European expansion that has taken the business from 11 to 30 countries
German broker association tells members to invest in AI
The German brokers’ association BDVM has said the insurance intermediation sector faces “profound upheaval” and calls for fair conditions for qualified advice. The association said the industry is fac
Uber Wins Bid to Dismiss £250 Million Black Cab Driver Suit
Uber Technologies Inc. won a bid to dismiss a £250 million ($333 million) lawsuit after a judge ruled that the claim on behalf of thousands of London’s black cab drivers was filed too late. The
When someone else’s outage becomes your claim
Cyber business interruption goes downstream
Appeals Court Blocks Class Actions Over Tesla’s Self-Driving Claims
A U.S. appeals court threw out on Friday an order allowing Tesla TSLA.O customers in California to pursue class action claims accusing the electric vehicle maker of misleading them about the capabilit
Corgi hires Chubb underwriting manager as it builds out carrier team
James Kullman becomes Corgi’s head of underwriting for North America, the AI-focused carrier’s third senior underwriting or pricing hire in recent weeks.
Generali unveils plans for Lloyd’s debut in 2027
Generali said it will enter the Lloyd’s market next year after receiving approval to launch Syndicate 2031 Red Bridge. The syndicate will assume a share of the Italian insurer's outward reinsurance pl
Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
The commercial cyber insurance market is strong and growing, but small to midsize businesses may be falling behind as cybercriminals ramp up AI efforts. “Cyber threats are evolving faster than m
AI exclusions are spreading. Harbor just raised $10 million to insure the gap
The San Francisco startup wants to monitor every AI agent a company runs, block the bad calls before they happen, and put its own money behind whatever risk is left
Softening reinsurance market to benefit insurance buyers in 2027
Further softening of the global reinsurance market in 2027 is expected to lead to more rate reductions, flexible terms and broader coverage for commercial insurance buyers. As insurers gear up for the
How One Hacker Used AI Agents, a Few Thousand Dollars to Break Into Websites
Over the past couple of weeks, a cybersecurity researcher watched as a Chinese-speaking hacker broke into websites belonging to more than 100 companies, including farm equipment maker Deere, home appl
Southern California wildfires spare most homes, but renew pressure on fire-zone cover
Insured losses look limited, but the fires come as California’s homeowners market is still recovering from January 2025.
Coaster Rider’s Death Puts Spotlight on Safety of Ever More Thrilling Rides
The horrific death of a man who was ejected from a Six Flags roller coaster in Georgia is drawing attention to the safety of amusement park rides that have become increasingly faster and steeper in th
Marsh to pay largest share of Greensill settlement
U.S.-headquartered Marsh McLennan Companies Inc. has agreed to pay the largest share of the $800 million settlement Swiss bank Credit Suisse Group AG secured last month over the collapse of Greensill
Walter’s Insurers Skirted Capital Rules With ‘Rolling’ Loophole
On paper, it was supposed to be a six-month loan. In December 2018, one of sports mogul Mark Walter’s insurance companies sent $40 million to an undisclosed borrower. But rather than collect pay
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