What to Expect in 2026: US P/C Results More Like 2024
Author: Susanne Sclafane
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Description: With premium growth slowing to around 3% or 4%, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty insurers lining up with results for 2024. Tana Marcom and Chris Grimes, both …
Full content: With premium growth slowing to around 3% or 4%, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty insurers lining up with results for 2024. Tana Marcom and Chris Grimes, both …
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Category: National News
Date: Fri, 12 Dec 2025 13:23:12 +0000
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Viewpoint: Legal Finance and Insurance – From Confusion to Collaboration
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Description: We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …
Full content: We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …
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Category: National News
Date: Fri, 12 Dec 2025 13:16:09 +0000
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Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans
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Description: Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …
Full content: Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 12:33:25 +0000
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People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS Taps LSM’s Edwards as Head of Delegated Strategy, Global Mkts
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Description: This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability DUAL Europe, the managing …
Full content: This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability DUAL Europe, the managing …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 12:12:53 +0000
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Reddit Sues Australia Over Social Media Ban, Citing Free Speech Threat
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Description: Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. …
Full content: Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 11:21:27 +0000
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Lapses Gave Louvre Thieves Crucial 30-Second Advantage Against Police, Inquiry Finds
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Description: The burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular heist showed on Wednesday. Four burglars made …
Full content: The burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular heist showed on Wednesday. Four burglars made …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 10:42:11 +0000
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Floods, Falling Rocks Force Closure of Major Highways to Vancouver
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Description: Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday. “This situation is evolving and very dynamic,” said the transport ministry …
Full content: Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday. “This situation is evolving and very dynamic,” said the transport ministry …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 10:30:20 +0000
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US Preparing to Seize More Tankers off Venezuela’s Coast After First Ship, Sources Say
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Description: The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure was …
Full content: The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure was …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 09:46:26 +0000
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Climate Change Supercharged Deadly Asia Floods, Study Finds
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Description: Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research. A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least …
Full content: Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research. A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least …
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Category: International & Reinsurance News
Date: Fri, 12 Dec 2025 07:10:54 +0000
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Applied Underwriters Golf Invitational Nets Record-Breaking $15.2 Million for Charities
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Description: The Applied Underwriters Invitational said its annual golf competition raised a record-breaking $15.2 million for charities across the nation. The record exceeds last year’s $14 million, and boosts Applied Invitational’s 38-year total to over $316 million in charitable contributions. There …
Full content: The Applied Underwriters Invitational said its annual golf competition raised a record-breaking $15.2 million for charities across the nation. The record exceeds last year’s $14 million, and boosts Applied Invitational’s 38-year total to over $316 million in charitable contributions. There …
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Category: National News
Date: Fri, 12 Dec 2025 06:42:29 +0000
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Big ‘I’ CEO Symington Named Among Top Lobbyists for 2025
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Description: The Hill, a prominent Washington, D.C.-based political newspaper, named Charles Symington, president and CEO of the Independent Insurance Agents & Brokers of America (Big “I”), among the top trade association lobbyists in the nation’s capital this year. The Big “I” …
Full content: The Hill, a prominent Washington, D.C.-based political newspaper, named Charles Symington, president and CEO of the Independent Insurance Agents & Brokers of America (Big “I”), among the top trade association lobbyists in the nation’s capital this year. The Big “I” …
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Category: National News
Date: Fri, 12 Dec 2025 06:11:52 +0000
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Suit Against OpenAI and Microsoft Blames ChatGPT for Murder-Suicide
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Description: OpenAI and its investor Microsoft Corp. were sued over a Connecticut murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users. The lawsuit turns on the actions of a 56-year-old man who lived …
Full content: OpenAI and its investor Microsoft Corp. were sued over a Connecticut murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users. The lawsuit turns on the actions of a 56-year-old man who lived …
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Category: East News
Date: Fri, 12 Dec 2025 06:00:41 +0000
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Probe Finds Officers Violated Policies in Pursuit That Killed Recruit
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Description: An internal affairs investigation into the actions of Rutland, Vermont police in a motor-vehicle pursuit that resulted in the death of a young officer was “preventable” if police had followed proper procedures, recent court documents show. A Salisbury man driving …
Full content: An internal affairs investigation into the actions of Rutland, Vermont police in a motor-vehicle pursuit that resulted in the death of a young officer was “preventable” if police had followed proper procedures, recent court documents show. A Salisbury man driving …
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Category: East News
Date: Fri, 12 Dec 2025 06:00:33 +0000
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People Moves: Penn National Insurance Announces Leadership Changes for 2026
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Description: Penn National Insurance, headquartered in Harrisburg, Pennsylvania, is making changes to its leadership team effective in early 2026. After over 30 years with the company, including more than five as president and CEO, Robert Brandon will transition to CEO on …
Full content: Penn National Insurance, headquartered in Harrisburg, Pennsylvania, is making changes to its leadership team effective in early 2026. After over 30 years with the company, including more than five as president and CEO, Robert Brandon will transition to CEO on …
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Category: East News
Date: Fri, 12 Dec 2025 06:00:09 +0000
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Toxic Water From Texas Oil Production Is Set to Be Treated and Pumped Into Rivers
Author: Admin
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Description: Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own. State regulators are working to issue permits that would let four companies, including …
Full content: Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own. State regulators are working to issue permits that would let four companies, including …
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Category: Texas / South Central News
Date: Fri, 12 Dec 2025 06:00:01 +0000
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Judge Orders Trump to End National Guard Troop Deployment in LA
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Description: The Trump administration must stop deploying the California National Guard in Los Angeles and return control of the troops to the state, a federal judge ordered Wednesday in an emphatic ruling. U.S. District Judge Charles Breyer in San Francisco granted …
Full content: The Trump administration must stop deploying the California National Guard in Los Angeles and return control of the troops to the state, a federal judge ordered Wednesday in an emphatic ruling. U.S. District Judge Charles Breyer in San Francisco granted …
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Category: West News
Date: Thu, 11 Dec 2025 20:16:07 +0000
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The Fidelis Partnership Transfers European Headquarters to Dublin From Brussels
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Description: The Fidelis Partnership (TFP), the Bermuda-headquartered managing general underwriter, announced it has transferred its primary European entity from Brussels to Dublin, effective December 1, 2025. The move establishes Dublin as the hub through which TFP will access the EU market, …
Full content: The Fidelis Partnership (TFP), the Bermuda-headquartered managing general underwriter, announced it has transferred its primary European entity from Brussels to Dublin, effective December 1, 2025. The move establishes Dublin as the hub through which TFP will access the EU market, …
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Category: International & Reinsurance News
Date: Thu, 11 Dec 2025 17:34:20 +0000
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UConn, Georgia Tech Students Win ACORD Challenge Using AI Tools in Pet Insurance
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Description: The insurance industry data standards organization ACORD announced today that University of Connecticut graduate student Manasa Ramaka has won the ACORD Student Challenge 2025, a national competition that asks university students to leverage cutting-edge technology to optimize real-world insurance processes. …
Full content: The insurance industry data standards organization ACORD announced today that University of Connecticut graduate student Manasa Ramaka has won the ACORD Student Challenge 2025, a national competition that asks university students to leverage cutting-edge technology to optimize real-world insurance processes. …
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Category: East News
Date: Thu, 11 Dec 2025 17:01:32 +0000
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People Moves: Salem Five Insurance Names Leadership of New Private Client Practice
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Description: Salem Five Insurance, a division of Salem Five Bancorp headquartered in Woburn, Massachusetts, launched its private client practice, naming Kelly Ewart as senior vice president and private client practice leader and appointing Beth Needham to the newly created role of …
Full content: Salem Five Insurance, a division of Salem Five Bancorp headquartered in Woburn, Massachusetts, launched its private client practice, naming Kelly Ewart as senior vice president and private client practice leader and appointing Beth Needham to the newly created role of …
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Category: East News
Date: Thu, 11 Dec 2025 16:36:21 +0000
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Markets/Coverages: QBE Automotive Protection Partners With Repair Ventures
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Description: QBE Automotive Protection, in partnership with Repair Ventures, has launched a new product for original equipment manufacturers (OEMs) to provide customers with enhanced vehicle protection in the event of a total loss. Vehicle replacement insurance offers drivers a brand-new equivalent …
Full content: QBE Automotive Protection, in partnership with Repair Ventures, has launched a new product for original equipment manufacturers (OEMs) to provide customers with enhanced vehicle protection in the event of a total loss. Vehicle replacement insurance offers drivers a brand-new equivalent …
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Category: National News
Date: Thu, 11 Dec 2025 16:23:39 +0000
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Waymo Recalls, Updates Software for Over 3000 Vehicles, US Regulator Says
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Description: Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said Dec. 11. The company had recalled certain vehicles with the …
Full content: Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said Dec. 11. The company had recalled certain vehicles with the …
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Category: National News
Date: Thu, 11 Dec 2025 16:08:01 +0000
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Florida House Panel Passes Bill Requiring Human Touch on Claims Denials
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Description: A Florida House subcommittee this week approved a bill that would mandate human involvement in property insurance claims denials, a sign of the times as insurers employ more artificial intelligence on multiple fronts. House Bill 527 is sponsored by state …
Full content: A Florida House subcommittee this week approved a bill that would mandate human involvement in property insurance claims denials, a sign of the times as insurers employ more artificial intelligence on multiple fronts. House Bill 527 is sponsored by state …
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Category: Southeast News
Date: Thu, 11 Dec 2025 16:06:07 +0000
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Grange Insurance’s Carter Joins Board of Nonprofit Invest
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Description: InvestSM, an educational nonprofit administered by the Independent Insurance Agents & Brokers of America (Big I) announced that Nicole Carter, vice president of personal lines sales, strategic distribution and agent experience at Grange Insurance, has joined the Invest board of …
Full content: InvestSM, an educational nonprofit administered by the Independent Insurance Agents & Brokers of America (Big I) announced that Nicole Carter, vice president of personal lines sales, strategic distribution and agent experience at Grange Insurance, has joined the Invest board of …
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Category: Midwest News
Date: Thu, 11 Dec 2025 15:27:13 +0000
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Abbott Presses Congress for Legal Shield Over Preemie Baby Formula Lawsuits
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Description: The company that makes one of the two most widely used brands of formula for premature babies is threatening to stop. That is, unless US health officials and Congress help protect it from lawsuits related to infant deaths allegedly tied …
Full content: The company that makes one of the two most widely used brands of formula for premature babies is threatening to stop. That is, unless US health officials and Congress help protect it from lawsuits related to infant deaths allegedly tied …
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Category: National News
Date: Thu, 11 Dec 2025 15:06:44 +0000
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Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe
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Description: A Gadsden County, Florida, jury awarded $779 million, believed to be a record for the county near Tallahassee, to the family of a security guard who was killed at what was called an illegal internet gambling café in 2023. Ben …
Full content: A Gadsden County, Florida, jury awarded $779 million, believed to be a record for the county near Tallahassee, to the family of a security guard who was killed at what was called an illegal internet gambling café in 2023. Ben …
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Category: Southeast News
Date: Thu, 11 Dec 2025 14:56:09 +0000
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Tricolor Trustee Files Suit in Texas for Auto Dealer’s Collapse
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Description: Bankrupt subprime auto dealer Tricolor Holdings is preparing to sue the company’s founder for allegedly masterminding a massive fraud that led to the company’s collapse into bankruptcy, according to a court filing. Daniel Chu is already facing probes by the …
Full content: Bankrupt subprime auto dealer Tricolor Holdings is preparing to sue the company’s founder for allegedly masterminding a massive fraud that led to the company’s collapse into bankruptcy, according to a court filing. Daniel Chu is already facing probes by the …
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Category: Texas / South Central News
Date: Thu, 11 Dec 2025 14:40:34 +0000
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Louisiana Insurance Commissioner OKs SureChoice, Elevate Homeowners Rate Drops
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Description: Louisiana Insurance Commissioner Tim Temple approved SureChoice Underwriters Reciprocal Exchange and Elevate Reciprocal Exchange’s requests for a 7.5% average rate decrease on the carriers’ more than 73,000 homeowners policyholders and 17,000-plus dwelling policyholders. Related: Why Reciprocal Insurance Exchanges Are Back …
Full content: Louisiana Insurance Commissioner Tim Temple approved SureChoice Underwriters Reciprocal Exchange and Elevate Reciprocal Exchange’s requests for a 7.5% average rate decrease on the carriers’ more than 73,000 homeowners policyholders and 17,000-plus dwelling policyholders. Related: Why Reciprocal Insurance Exchanges Are Back …
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Category: Texas / South Central News
Date: Thu, 11 Dec 2025 14:29:14 +0000
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Westfield Specialty to Launch Luxembourg Subsidiary, Expanding Into Company Market
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Description: Westfield Specialty International announced its intention to expand its business from a Lloyd’s-only vehicle into the company market. Subject to regulatory approval, Westfield Specialty will launch a Luxembourg subsidiary and use this platform to underwrite risks on company paper alongside …
Full content: Westfield Specialty International announced its intention to expand its business from a Lloyd’s-only vehicle into the company market. Subject to regulatory approval, Westfield Specialty will launch a Luxembourg subsidiary and use this platform to underwrite risks on company paper alongside …
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Category: International & Reinsurance News
Date: Thu, 11 Dec 2025 14:27:35 +0000
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Industry Trade Associations Throw More Support Behind FEMA Reform
Author: Chad Hemenway
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Description: The American Property Casualty Insurance Association and the National Association of Mutual Insurance Companies were among a handful of organizations to send a letter to federal lawmakers in support of a bill to reform the Federal Emergency Management Agency. In …
Full content: The American Property Casualty Insurance Association and the National Association of Mutual Insurance Companies were among a handful of organizations to send a letter to federal lawmakers in support of a bill to reform the Federal Emergency Management Agency. In …
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Category: National News
Date: Thu, 11 Dec 2025 13:52:47 +0000
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AXA Warns on Data Center ‘Gambles’ as Private Credit Risks Rise
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Description: French insurer AXA SA said it’s exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are convinced of the medium-term trend, but we want to …
Full content: French insurer AXA SA said it’s exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are convinced of the medium-term trend, but we want to …
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Category: International & Reinsurance News
Date: Thu, 11 Dec 2025 13:35:25 +0000
Local date: Thu, 11 Dec 2025 13:35:25 +0000
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Language: en-US
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