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AM Best Withdraws Credit Ratings of Hartland Mutual

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Hartland Mutual Insurance Company (Hartland) (Minot, ND). The ou

πŸ“… 2026-10-07 | πŸ“° Insurance Journal
#insurance-news #best #withdraws

Arthur J. Gallagher & Co. Acquires Irish MGA, Ornella Underwriting Ltd.

Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired Wexford, Ireland-based Ornella Underwriting Ltd. Terms of the transaction were not dis

πŸ“… 2026-10-07 | πŸ“° Insurance Journal
#insurance-news #arthur #gallagher

Private insurers double commercial flood market share: GAO

Private insurers’ share of the U.S. commercial flood insurance market, based on policy counts, more than doubled from 23% in 2018 to 48% in 2025, according to a U.S. Government Accountability Office r

πŸ“… 2026-10-07 | πŸ“° Business Insurance
#insurance-news #private #insurers

CFC adds AI extensions to cyber cover

London-based specialist insurer CFC has revamped its cyber proactive response (CPR) policy to address two of the most obvious challenges facing insurers – the relatively low penetration among SMEs and

πŸ“… 2026-10-07 | πŸ“° Commercial Risk Europe
#insurance-news #cfc #adds

Cotelle says insurers falling short on energy transition

Ferma president Philippe Cotelle told Commercial Risk that the insurance market is not doing enough to support the energy transition and urged the industry to step up. β€œThe speed of the transition con

πŸ“… 2026-10-07 | πŸ“° Commercial Risk Europe
#insurance-news #cotelle #says

Dual North America names head of earthquake

Howden-owned Dual North America on Wednesday named Stephanie Calmeyn executive vice president, head of earthquake, succeeding Ian Fitt, who plans to retire at the end of the year. Ms. Calmeyn, current

πŸ“… 2026-10-07 | πŸ“° Business Insurance
#insurance-news #dual #north

Blended cyber, tech E&O coverage requires careful assessment

PHILADELPHIA – Combining cyber liability insurance and technology errors and omissions coverages in a single policy can simplify a program, but buyers should understand the trade-offs, a panel of expe

πŸ“… 2026-10-07 | πŸ“° Business Insurance
#insurance-news #blended #cyber