Bermuda property capacity tops $2.8B
Bermuda will enter 2027 with record property insurance capacity exceeding $2.8 billion, according to U.K.-based Willis Towers Watson plc, The Royal Gazette reported. Local property rate cuts appear to
Insurance News
South Korea, Japan Buffeted by Hacks as AI Lowers Bar for Cybercriminals
South Korean and Japanese companies are racing to strengthen cyber defenses after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for criminals with li
People Moves: Selective Insurance Names Kalia Chief Investment Officer
Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, appointed Vaibhav (Vaib) Kalia as executive vice president and chief investment officer. Kalia has served as interim chief inv
Insurance moves: Lockton, CRC Group
Lockton restructures casualty leadership as CRC adds a wholesale specialist in Florida
BIBA backs Financial Services Bill but warns against an IPT rise
Faster approvals and provisional licences could ease entry to broking, while an increase in insurance premium tax would add to clients' costs
AXA XL taps EV data platform to sharpen fleet underwriting
The Gecko Risk deal gives underwriters claims and model data as fleets electrify
AI agents are already calling insurers, warns Guardian Life tech chief
AI agents are already calling insurers, warns Guardian Life tech chief
Aegon shareholders back US move as UK business heads to Standard Life
The vote clears the way for Aegon to become Transamerica Inc., with Aegon UK’s 3.8 million customers transferring to Standard Life
Survey reveals shift to physical risk ownership but uneven recovery plans
The Insurance Claims and Recovery Insights survey reveals a shift from risk transfer to risk ownership when it comes to physical exposures, which is helping to boost resilience and reduce claims, acco
How has the broker's role evolved beyond simply placing risk?
Aon's Jacqueline Waters shares her take
Rate increases to continue in aviation sector: Gallagher
Upward rating pressure persists for the aviation sector due to elevated claims costs and ongoing geopolitical uncertainty, but there are sufficient levels of capacity available across most of the mark
AI Pricing Lawsuit Against McDonald’s Raises New Antitrust Questions
A federal antitrust lawsuit against McDonald’s this week claims the fast-food giant is using AI-powered tools to fix menu prices, marking the latest case to allege companies are relying on new t
Eric O. Leavitt named chair of CIAB board
Eric O. Leavitt, executive chairman and CEO of Leavitt Group, will become chair of the Council of Insurance Agents & Brokers’ board of directors for 2026-2027, the association said Thursday. J. Po
Pumpkin disclaimer: personality not included
The scariest thing in the Halloween candy aisle may be that we actually need the fine print regarding faceless Reese’s Peanut Butter Pumpkins. A seasonal favorite is getting a packaging update after a
Tryg posts record Q3 result as pricing cycle shifts
The Nordic insurer’s claims ratio improved across all three quarters of 2026, driven by underwriting discipline and easing claims conditions
Tesla Drops ‘Self-Driving’ Branding to Appease Europe Regulators
Tesla Inc. is backing away from its Full Self-Driving branding to help secure approval for the driver-assistance system in Europe, distancing the company from a name that has drawn criticism as danger
India Insurance Regulator Eyes 2027 Start for Commission Caps
India’s insurance regulator may implement sweeping distribution reforms as early as January, pushing ahead with an overhaul that has battered shares of insurers and brokers. The effective dates
Seventeen Group hires from Gallagher, Howden for new roles
A new chief broking officer and group COO will support further M&A as the group’s deal pace picks up
How timing determines what M&A insurance due diligence can accomplish
Engaging an insurance advisor at letter of intent opens options that late arrival permanently closes
San Antonio Car Dealerships to Pay $430K In Sex Discrimination Lawsuit
Benson Enterprises, Inc., the operator of automotive dealerships including Ingram Park Chrysler Jeep Dodge Ram in San Antonio, will pay $430,000 and furnish other relief to settle a sex-based harassme
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