Global insurers begin issuing local Ukrainian policies after pulling back
Agents and Brokers, P/C Insurers, Political Risk, Property European Union, Russia Willis Towers Watson
State high court adopts continuous-trigger theory in ruling against insurer
Coverage Disputes, P/C Insurers
LiveWell by Zurich gets new CEO in Stephanie Lloyd
Stephanie Lloyd has been appointed CEO of LiveWell by Zurich.
Edison denies LA wildfire involvement as insurers ask it to preserve evidence
Catastrophes, Risk Management
TWIA’s 2026 reinsurance requirement could decline significantly as Texas eases funding rules
The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requirement.
PERILS adds SCS to 2025 exposure database following major loss events
Zurich-based catastrophe insurance data provider PERILS AG has added market sums insured for the peril of severe convective storm (SCS) in Europe, Japan, and New Zealand to its 2025 Industry Exposure Database (IED), citing growing demand from re/insurers following multi-billion-dollar loss events in Germany, France, and Italy in recent years.
Judge tosses hospital’s $2.5M D&O coverage fight with Chubb unit
Coverage Disputes, P/C Insurers Chubb
US motor insurance faces rate deceleration & inflation challenges in 2025: Swiss Re
The outlook for the US motor insurance market in 2025 suggests rate deceleration in Personal Auto due to increased competition, alongside sustained social inflation challenges for Commercial Auto, according to Craig Nelson, Senior Treaty Underwriter & Manager, CUO P&C Reinsurance at Swiss Re.
Insurers face possible British action over pandemic payouts
Claims Disputes, Coronavirus, Coverage Disputes, Emerging Risks, P/C Insurers, Property, Risk Management United Kingdom
Steadfast posts 21.4% surge in 1H24 EBITA year-on-year
Steadfast Group, a leading Australian insurance brokerage network, announced a 21.4% increase in unaudited underlying Earnings Before Interest, Taxes, and Amortization (EBITA) for 1H24 compared to the same period last year.
