Markets/Coverages: MGA Rokstone Expands Portfolio Into Financial Institutions February 5, 2025 Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, has announced the launch of a D&O...
Australia Bans DeepSeek From Government Tech Over Security February 5, 2025 By Ben Westcott Australia has banned DeepSeek AI services from all government systems and devices, becoming one of the first countries to take...
UK Commits £2.65 Billion to Tackle Rising Flood Risk February 5, 2025 By Olivia Rudgard The UK will spend £2.65 billion ($3.31 billion) on flood defenses to protect homes from the growing risks posed by...
Allianz, IAG Said to Mull Bids for Top Western Australia Insurer February 5, 2025 By Harry Brumpton, Manuel Baigorri and Stephan Kahl Insurance firms Allianz SE and Insurance Australia Group Ltd. are among parties considering bidding for Western Australia’s top insurer, according...
People Moves: AXA XL Hires Bakker for Environmental Post; Tokio Marine HCC Appoints Gaine Head of N.A. Distribution February 5, 2025 AXA XL Hires Bakker as Head of Environmental Package Solutions, Middle Market, Americas AXA XL in the Americas hired Peter...
US Congress to Form Cryptocurrency Working Group February 5, 2025 By Douglas Gillison U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers...
Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market February 5, 2025 By William Rabb Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive...
LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
Jupiter Launches $1M in Added Capacity Above FAIR Plan for California Homeowners February 5, 2025 Jupiter Risk Services has launched its Jupiter Private Client Excess Homeowners Insurance (XS Homeowners), a property insurance product providing up...
California Food Distributor Settles for $949,000 on Small-Business Contract Violations February 5, 2025 The GS Foods Group Inc. in Ontario, California, agreed to pay more than $949,000 to settle allegations of False Claims...