Bangkok floods disrupt hundreds of flights
Torrential rain and flooding in Bangkok over the weekend disrupted at least 330 Thai Airways International flights after about 300 ground staff and specialized personnel were stranded at home, unable
Insurance News
Brokers face same AI monitoring gap as lenders, survey finds
New research lands as a government consultation on workplace monitoring closes, and it points to a supervision gap that sits squarely inside FCA-regulated firms, brokers included
No insurer has rebuilt distribution around AI, KPMG survey finds
Insurance leaders rate their AI progress highly, but spending remains fixed on back-office savings rather than the broker-facing parts of the business.
Micro accounts emerge as growth target in $158 billion US small commercial market - study
Research finds carriers chasing small commercial growth must pick their segments carefully, with agents still central to placing complex risks
Cyber Insurance Adoption Surges Among Mid-Market Businesses While Small Firms Lag Behind
Mid-market business cyber insurance purchases jumped 34 percentage points since 2024 even as small businesses remain stalled at 42% adoption, according to Nationwide survey. The post Cyber Insurance A
Risk managers urged to increase use of AI for risk reporting: Gartner
Enterprise risk managers (ERMs) should make greater use of AI in order to make risk reporting more timely and effective, according to tech consultancy Gartner Group. Risk management has become a more
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
In another indicator of Florida moving back to a mostly market-based property insurance system, the number of insurance agents and agencies appointed with Citizens Property Insurance has dropped in th
Six Flags Closes California Roller Coaster Targeted by Lawsuits
Six Flags Entertainment Corp. is permanently retiring the X2 roller coaster, which has been the subject of lawsuits alleging that the ride caused brain injuries. “While X2 consistently passed a
Flood insurance is vanishing where the water is rising fastest
Properties at severe risk outnumber federal flood policies more than three to one, and the gap is widest in poorer inland communities that FEMA's maps miss
Mexico’s Journalists Have Long Faced Bullets. Now Lawsuits Against Them Are Rising.
Politicians and judges are increasingly attempting to shut down press freedoms in Mexico, raising concerns among journalism watchdog groups. In 2025, a new lawsuit against journalists or media outlets
Best keeps negative outlook on Argentina’s insurance sector
Argentina’s volatile macroeconomic environment, combined with a negative underwriting performance in 2025, has seen AM Best maintain its negative outlook on Argentina’s insurance industry. The ratings
Vessel Carrying Vehicles Became Stuck on Rhine River as Levels Drop
A vessel carrying vehicles briefly became stuck at Dusseldorf harbor due to critically low water levels on the Rhine River, in one of the latest examples of how this year’s extreme weather is th
Insurers press Congress to settle TRIA differences before year-end
Trade groups welcomed the Senate's unanimous vote on terrorism insurance, but the job isn't done until the House and Senate agree on a single bill
Willis hires former Aon exec to lead D&F growth
Willis, the retail broking arm of Willis Towers Watson, on Wednesday named former Aon executive Andy Chang growth leader in its global direct and facultative business, based in Miami.
People Moves: Ascot Makes Executive Leader Moves, Organizational Updates
Ascot Group Limited, a global specialty (re)insurance company, made several executive leadership appointments and organizational updates. Mark “Sarge” Pepper has been appointed president,
Legacy is entering client conversations earlier for brokers
Dedicated broking teams are bringing legacy into discussions about capital, underwriting strategy and acquisitions
Axa XL to begin writing business through dedicated E&S insurer
Axa XL on Wednesday said it will begin writing business through its dedicated excess and surplus lines insurance company next year as it expands its U.S. wholesale operations.
People Moves: Brown & Riding Adds Moraru to Property Practice
Brown & Riding has added Jonathan Moraru to its national property practice. With more than a decade of experience, Moraru specializes in middle-market to large and complex property and builderR
Benefits TPA CEO admits to nine-year $8.8M ERISA fraud
Axim Fringe Solutions Group pooled client premium and 401(k) funds before siphoning more than $8 million
California doubles disaster penalties in sweeping property insurance overhaul
Doubled penalties, mandatory disaster plans, and a stack of new rules for California insurers
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