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Florida Insurance Agent Pleads Guilty in $300,000 Premium Finance Scheme

A Florida insurance agent faces years in prison after he pleaded guilty to fraudulently arranging more than $300,000 in premium financing for fake companies, then diverting much of the money to his pe

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #florida #insurance

Before the Nuclear Verdict: Rethinking How Liability Claims Are Managed

Across the industry, nuclear verdicts are dominating conversations about social inflation and liability severity, and for good reason: in 2025, U.S. juries returned nearly 200 nuclear verdicts β€” award

πŸ“… 2026-10-02 | πŸ“° Claims Journal
#insurance-news #before #nuclear

Zurich completes $10.8B Beazley acquisition

Switzerland-headquartered Zurich Insurance Group AG has completed its $10.8 billion acquisition of U.K.-based Beazley plc, The Royal Gazette reported. The transaction creates a specialty insurance bus

πŸ“… 2026-10-02 | πŸ“° Business Insurance
#insurance-news #zurich #completes

Adrian Cox leaves Beazley as Zurich deal completes

Beazley CEO Adrian Cox will leave the specialty insurer as it moves into new hands under Zurich Insurance. Following yesterday’s announcement that the Β£8.1bn acquisition deal has completed, Zurich Ins

πŸ“… 2026-10-02 | πŸ“° Commercial Risk Europe
#insurance-news #adrian #cox

CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam

A federal judge in Florida ordered two individuals to pay more than $30 million in restitution and penalties for allegedly defrauding more than 9,000 people in a scam involving crytocurrencies and pre

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #cftc #secures

Houston and Dallas Face Risk of Floods as Storms Sweep Texas

Houston and Dallas face more flooding rains Friday as storms continue to sweep across the eastern third of Texas, where thousands are without power and hundreds of flights were canceled Thursday. Dall

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #houston #dallas

Everest sells its Canadian retail operation

Bermudian firm Everest Group Ltd. has completed the sale of its Canadian retail insurance business to Winnipeg-based The Wawanesa Mutual Insurance Company, The Royal Gazette reported. Everest Presiden

πŸ“… 2026-10-02 | πŸ“° Business Insurance
#insurance-news #everest #sells