Insurance Level News and Press

AM Best Rating Acitivity and News

Swiss Re Appoints Head of Property/Casualty Reinsurance in Asia
Swiss Re has appointed Anna Ziswiler as head of property/casualty reinsurance Southeast Asia, India, Hong Kong, Taiwan and Korea, effective May 1. Ziswiler will be based in Singapore and become ...
Date:
Source: BestWire

World Insurance Associates Appoints Chief Executive
World Insurance Associates has hired John Newell to succeed Rich Eknoian as chief executive officer. Eknoian established World in 2011 and will be appointed chairman. Newell brings more than ...
Date:
Source: BestWire

AM Best Affirms Credit Ratings of The Wawanesa Mutual Insurance Companyand Wawanesa Life Insurance Company
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of The Wawanesa Mutual Insurance Company (Wawanesa ...
Date:
Source: BestWire

AM Best Affirms Credit Ratings of Compagnie Commune de Réassurance des Etats Membres de la CIMA
AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Compagnie Commune de Réassurance des Etats Membres de la CIMA (CICA-RE) ...
Date:
Source: BestWire

MS Amlin Launches Lloyd's Sub-Syndicate to Support Portfolio Solutions Team
Lloyd's underwriter MS Amlin launched a sub-syndicate it said will aim for innovative growth as it expands its new portfolio solutions effort. Sub-syndicate 1673 will support the expansion and ...
Date:
Source: BestWire

Aon: April Severe Storms Likely Inflict Hundreds of Millions in Insured Losses
A three-day stretch of severe thunderstorms in mid-April left insurers with at least hundreds of millions of dollars in insured losses, said Aon. A spokesman for American Family, the largest ...
Date:
Source: BestWire

Court Rejects Progressive’s Undervalued Totaled Vehicle Class-Action Certification
An Illinois federal court declined to certify a class-action lawsuit alleging that the Progressive Corp. systemically undervalued total-loss vehicles by assuming final automobile sale costs are lower ...
Date:
Source: BestWire

Blenheim Syndicate 5886 Names Contingency Underwriter
Blenheim Underwriting hired Ian Ritchie as contingency underwriter, joining the Blenheim Syndicate 5886 non-appearance contingency team, effective June. In his new role, Ritchie will focus on ...
Date:
Source: BestWire

L&G Appoints Asset Management Chief Risk Officer
L&G has appointed Nigel Drury, subject to regulatory approval, as the new asset management chief risk officer, effective May 18. He will also join the groupwide risk leadership team. Drury will ...
Date:
Source: BestWire

Oregon Utility Seeking Arbitrator Appointment in Environmental Coverage Dispute
Oregon utility provider PacifiCorp is asking a federal court to appoint an arbitrator in an environmental coverage dispute involving a group of 13 insurers that have allegedly delayed court-ordered ...
Date:
Source: BestWire

Carbon Promotes Two Leaders in Underwriting
Lloyd's syndicate Carbon Underwriting Ltd. has promoted Rob Crocker to chief underwriting officer and Julie Gallagher to the role of group underwriting management director. In his new role, ...
Date:
Source: BestWire

NAIC Reworks Task Forces, Investment Reviews as Part of Investment Oversight Update
The National Association of Insurance Commissioners is forming new task forces, implementing bond-related projects and developing new models to assess structured debt as regulators aim to keep pace ...
Date:
Source: BestWire

UK Commercial Insurance Distributor Jensten Group Restructures for Growth
The United Kingdom's Jensten Group said it has completed a restructuring designed to accomplish a long-term growth strategy. The new structure will see its business broken into two "clearly ...
Date:
Source: BestWire

National Life Group Sees Total Revenues Climb to $4.64 Billion in 2025; Net Income Drops
National Life Group reported total revenue of $4.64 billion for 2025, as total assets also climbed and net income dropped, according to its latest annual financial report. The carrier reported ...
Date:
Source: BestWire

CMS Approves Oklahoma’s Transition to State-Based Health Exchange
The Centers for Medicare and Medicaid Services approved a plan from the Oklahoma Insurance Department to transition to a state-based health insurance exchange effective May 1. While effective ...
Date:
Source: BestWire

Axa XL Appoints CUO, Structured Risk Solutions
Axa XL has appointed Jiten Halai as global chief underwriting officer, structured risk solutions. Halai will lead the global underwriting strategy for structured risk solutions, further advancing ...
Date:
Source: BestWire

---

Insurance Information Institute News (IIHS & HLDI)

---

Insurance Journal News

Alabama Governor Signs New Captive Law That Could Help End DOI Moratorium
Alabama has a new law governing captive insurance companies, and supporters hope it will mean that state regulators will soon lift a moratorium on new captives in the state. “The law takes effect in June, so we’re hoping that maybe …
Date: Tuesday, April 21, 2026

Texas Speaker Seeks to Investigate Roblox Over Game Simulating Uvalde Shooting
Texas House Speaker Dustin Burrows on Monday targeted Roblox for alleged child endangerment, after learning the platform offered a simulation of the 2022 Uvalde mass shooting. Burrows instructed lawmakers to study ways to strengthen child safety and accountability for virtual …
Date: Tuesday, April 21, 2026

Gem State Insurance to Merge With Ohio Mutual
Ohio Mutual Insurance Group last week announced that it has reached an agreement to merge Gooding, Idaho-based Gem State Insurance as a subsidiary under Ohio Mutual Insurance Group’s mutual holding company structure, following unanimous votes by both organizations’ boards of …
Date: Tuesday, April 21, 2026

Family Sues Kansas Jail Over Inmate’s Death
Relatives of a jail inmate whom investigators determined died after a Kansas sheriff’s deputy shoved his knee into the cuffed man’s back for one minute and 26 seconds have filed a federal lawsuit. Attorneys for the family of Charles Adair …
Date: Tuesday, April 21, 2026

People Moves: IMA Names Caceres as SVP, National Energy Property Leader
IMA announced the appointment of Al Caceres as Senior Vice President, National Energy Property Leader, joining the firm’s Energy Practice to lead strategy and execution of the company’s energy property insurance business nationwide. With more than 20 years of underwriting …
Date: Tuesday, April 21, 2026

Markets/Coverages: Cowbell Launches Cyber Product for AI, Quantum Risks
Specialty cyber insurance provider Cowbell said it has launched Prime One, a non-admitted cyber insurance product designed for U.S. organizations with advanced digital risk profiles and annual revenues between $250 million and $1 billion. Prime One delivers up to $10 …
Date: Tuesday, April 21, 2026

MS Amlin Launches Lloyd’s Sub-Syndicate, Supporting Brokers With New Capacity
MS Amlin, the Lloyd’s global specialist re/insurer, has launched a new sub-syndicate to target innovative growth opportunities and provide greater flexibility and capacity for brokers. Named s1673, the sub-syndicate will support the growth of business written through MS Amlin’s recently …
Date: Tuesday, April 21, 2026

NIPR Warns Agents of Email Phishing Attempts
Beware, agents. That email from the National Insurance Producers Registry may not be legit. NIPR said it has learned of an active phishing email campaign referencing past-due invoices. The emails may look like they are from trusted sources such as …
Date: Tuesday, April 21, 2026

Seibert Agency in Tampa Acquired by Keyes Coverage
Keyes Coverage, part of Keystone Agency Partners, has acquired Seibert Insurance Agency in Tampa, expanding its western Florida presence with one of the better-known agencies in the area. “Joining Keyes Coverage is the right next step for our agency, our …
Date: Tuesday, April 21, 2026

Uber Loses Another Driver Sex Assault Trial; Jury Award Much Less
A federal jury on Monday said Uber should pay $5,000 to a woman who claimed she was sexually assaulted by a driver she booked through the app, as the company faces thousands of similar claims. The Raleigh, North Carolina jury …
Date: Tuesday, April 21, 2026

DC Water Facing Federal, State Lawsuits Over Potomac Sewage Spill
The state of Maryland and the federal government have filed separate civil lawsuits over the rupture of the sanitary pipeline known as the Potomac Interceptor that spilled more than 200 million gallons of untreated sewage into the Potomac River in …
Date: Tuesday, April 21, 2026

Supreme Court Voices Little Interest in More Curbs on SEC
The US Supreme Court expressed little enthusiasm for curbing one of the Securities and Exchange Commission’s most important enforcement tools, as the justices weighed restricting the financial watchdog’s power to collect ill-gotten gains. Hearing arguments in Washington Monday, the court …
Date: Tuesday, April 21, 2026

Business Interruption Claims Arising From the Middle East Conflict
The current conflict in the Middle East has been as disruptive commercially as it has been geopolitically. Many businesses operating in the region are suffering from a combination of sharp demand declines, blocked routes to market, surging input costs, and …
Date: Tuesday, April 21, 2026

Scam Messages Are Offering Ships Safe Transit Through Hormuz, Security Firm Warns
Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to some shipping companies whose vessels are stranded west of the waterway, Greek maritime risk management firm MARISKS has warned. The U.S. has …
Date: Tuesday, April 21, 2026

Record 165 GW of Wind Power Capacity Added in 2025, Led by China, Report Says
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to …
Date: Tuesday, April 21, 2026

Trump Signs Order to Speed Review of Psychedelics
President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine and other psychedelics remain banned …
Date: Tuesday, April 21, 2026

Cheaper Auto Insurance Zip Code: