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California Fire Danger Has Utilities Set for Broad Shutoffs

More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With d

πŸ“… 2026-10-15 | πŸ“° Claims Journal
#insurance-news #california #fire

Tomorrow’s talent is taped to a light pole

Many industries are looking for fresh new talent (ahem, ahem, insurance industry). Perhaps they should start checking the nearest light pole. That’s where one New York City teenager took his career se

πŸ“… 2026-10-15 | πŸ“° Business Insurance
#insurance-news #tomorrow #talent

Liberty Mutual to acquire Brazilian surety business

U.S.-headquartered Liberty Mutual Holding Company Inc. has agreed to acquire Brazilian firm Austral Seguradora SA, Coverager reported. The acquisition, which includes Austral’s surety, financial lines

πŸ“… 2026-10-15 | πŸ“° Business Insurance
#insurance-news #liberty #mutual

Chubb Revamps Global Claims with 3 Leadership Moves

Chubb Limited said it made three leadership appointments within its global claims organization. Lisa Wilson has been named head of North America claims, overseeing all aspects of North America commerc

πŸ“… 2026-10-15 | πŸ“° Claims Journal
#insurance-news #chubb #revamps

PICC launches Hong Kong’s first sidecar ILS

China-based PICC Property and Casualty Company Ltd. has issued the first sidecar insurance-linked securities in Hong Kong, securing $12 million in quota-share reinsurance protection for offshore windf

πŸ“… 2026-10-15 | πŸ“° Business Insurance
#insurance-news #picc #launches

A Unique Forum for Financial Regulators Enters a New Chapter

A longstanding program devoted exclusively to insurance financial regulators entered a new chapter in 2026, with the University of Wisconsin-Madison and the University of Iowa joining the Insurance Re

πŸ“… 2026-10-15 | πŸ“° Risk & Insurance
#insurance-news #unique #forum

Legal changes and litigation funding drive UK liability claims costs

The cost of UK liability claims is being driven higher by legal changes, litigation funding and claimant recruitment, according to Swiss Re Institute, which estimates that such non-economic factors ad

πŸ“… 2026-10-15 | πŸ“° Commercial Risk Europe
#insurance-news #legal #changes

Generali, World Bank plan emerging market risk facility

Italian firm Assicurazioni Generali SpA and the World Bank Group have agreed to create a mutual risk-mitigation facility aimed at protecting commercial investments across emerging and frontier markets

πŸ“… 2026-10-15 | πŸ“° Business Insurance
#insurance-news #generali #world

Markel expands marine and energy liability team

Markel’s recently established marine transportation business within its London Market operations has seen two key appointments. Josephine Stroud has been named head of energy liability, while Jenny Mc

πŸ“… 2026-10-15 | πŸ“° Commercial Risk Europe
#insurance-news #markel #expands

States sue OpenAI, claiming ChatGPT harms young users

(Reuters) – A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has c

πŸ“… 2026-10-15 | πŸ“° Business Insurance
#insurance-news #states #sue

People Moves: Opterrix Promotes Krupar to Chief Commercial Officer

Opterrix, a risk intelligence platform serving the property and casualty insurance industry, has promoted Rich Krupar to chief commercial officer. In the expanded role, Krupar will lead the company&#8

πŸ“… 2026-10-15 | πŸ“° Insurance Journal
#insurance-news #people #moves

Aon names Rafferty chief integration officer, Carleton Chicago leader

Aon has named Chris Rafferty chief integration officer for its integration management office, which was established to oversee the brokerage’s proposed $17 billion acquisition of USI Insurance S

πŸ“… 2026-10-15 | πŸ“° Business Insurance
#insurance-news #aon #names