OAK Global opens multi-class Lloyd’s capacity to MGAs from 2027
One syndicate will back property, specialty, credit and casualty portfolios through a single relationship from January 2027
Insurance News
Etude launches E&S carrier with $100m surplus and same-day quoting
Etude Specialty targets wholesale brokers with permanent capital and application-free submissions
Hiscox faces coverage showdown after One Touch found liable for care home mis-selling
"Your partner in prosperity" sold them care home rooms that never opened
Kristof Terryn named Beazley chief executive
Kristof Terryn, chief executive of Europe and Middle East and global retail at Switzerland-based Zurich Insurance Group AG, has been appointed CEO of Beazley plc, Bermuda Reinsurance Magazine reported
The Human Cost of Insurance Claim Fraud
White Paper Summary Picture someone injured in an accident that wasn’t their fault: a slip and fall, a car crash, an incident on someone else’s property. The injury is real, the pain is re
Marchesi Antinori winery underinsured for $6M heist
Thieves broke into Marchesi Antinori SpA’s warehouse in Tuscany, Italy, and stole 30,000 bottles of premium wine worth 5 million euros ($6 million), a loss the winery’s insurance policy will not fully
Optio launches specialty insurance for European market
London-based Optio Group Ltd. has launched Pinnacle Specialty Insurance in Amsterdam, Global Reinsurance reported. The new managing general agent will offer limits of up to 20 million euros ($22 milli
Pinion Insurance Appoints Gary S. Maier as US Chief Executive Officer
Pinion Insurance, the London-headquartered specialty insurance carrier, appointed Gary S. Maier as U.S. chief executive officer, effective immediately. “Pinion is bringing a new approach to spec
Lockton Appoints Vince Gaffigan to Lead US Casualty Practice
Lockton, the world’s largest privately held independent insurance brokerage, has appointed Vince Gaffigan to lead its U.S. Casualty practice. “Lockton’s continued investment in casua
Kinsale fights assisted living coverage after patient freezer death
A dementia patient found trapped in a walk-in freezer. Now his landlord’s insurer wants out
Fire Remains Costliest Cause of Business Interruption Globally as Claim Severity Surges
The average value of a business interruption insurance claim now exceeds €850,000 ($952 million), about 70% higher than the corresponding average property damage claim of close to €500,000 ($560 milli
MSIG USA Names Oscar Aguilar Head of Excess and Surplus Property
MSIG USA named Oscar Aguilar head of excess and surplus property, effective immediately. “Oscar brings the depth of underwriting expertise and market perspective that are essential to building a
California turns insurer reporting fines into rolling penalties
A flat fine just became a 30-day rolling clock for noncompliant California insurers
One ladder fall, nine years of bills: Travelers sues rival insurer
A worker fell from a ladder in 2017. One insurer kept paying. Now it wants its money back
Capital Stress and A.I. Uncertainty Fuel Management Liability Risk for Private Companies
Private companies are facing a confluence of financial and operational pressures in 2026 that could translate into management liability claims, according to a report by Munich Re Specialty North Ameri
The Hartford Names A. Morris Tooker CEO
The Hartford’s Board of Directors has named company president A. Morris “Mo” Tooker as its next CEO, effective March 1, 2027. Christopher Swift will transition from CEO to executive
Policyholder sues broker over coverage gap he never asked to fill
His circumstances changed. His coverage request didn’t. The court drew the line
Aviva and Q Underwriting renew £200m commercial motor deal
The five-year renewal is the second consecutive term at the same scale, covering taxi, truck and motor trader risks
Nearly half of workers want supplemental cover, but only 15% know their employer offers it
New York Life data reveals a striking gap between employee demand for voluntary benefits and basic awareness of what’s on offer
Falcons exempt from California comp claim over player’s cumulative injuries
A California appeals court on Wednesday ruled that a professional football team was exempt from liability under the state’s workers compensation law for a former player’s cumulative injury claim, desp
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