CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M October 27, 2025 By Chad Hemenway Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million. CyberCube late last week...
People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO October 27, 2025 This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new...
After $7M in Local Incentives, Alfa Launches Renovation of New HQ in Montgomery October 27, 2025 Alfa Insurance is moving into new headquarters in Montgomery, Alabama. But first, the space has to be renovated, the insurer...
ExxonMobil Sues California, Claims New Green Laws Violate Speech October 27, 2025 By María Paula Mijares Torres ExxonMobil Corp. has sued California, arguing that two new state laws violate the First Amendment by trying to force it...
Alabama DOI Requiring Use of SLIP+ Platform for Surplus Lines Reporting October 27, 2025 Alabama has become the seventh state to adopt the “SLIP+ for States” reporting and payment platform for surplus lines data...
Suspects in Louvre Heist in Custody After Week-Long Manhunt October 27, 2025 By Benoit Berthelot French authorities have arrested several suspects after a frantic manhunt for the men who staged a spectacular daytime heist at...
Hurricane Melissa Churns Toward Jamaica as Category 5 Storm October 27, 2025 By Brian K. Sullivan and Joe Wertz Hurricane Melissa plowed toward Jamaica as a powerful Category 5 storm, threatening to bring widespread destruction to the island. Melissa’s...
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case October 27, 2025 By Rishav Chatterjee, Selena Li and Lawrence White HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of...
HK Startup Aims to Launch Satellites for 3D Wind Data, SCMP Says October 27, 2025 By Julia Fioretti Hong Kong startup Stellerus aims to create a constellation of satellites to become the world’s first provider of three-dimensional wind...
AM Best Revises Outlooks to Stable for Members of Illinois’ Pekin Insurance Group October 27, 2025 AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent)...