US sues Uber, alleges discrimination against disabled riders
The U.S. government on Thursday sued Uber Technologies, accusing the ride-sharing company of violating federal law by discriminating against passengers with disabilities.
CRC expands an exec’s job
CRC Group announced Thursday it appointed Brennan Paris chief revenue officer of CRC Specialty, an expanded role.
Whiskey distillery wins coverage for barrel stack collapse
A distillery is entitled to coverage under its commercial insurance policy after its barrel racks collapsed, causing whiskey purportedly worth $2.5 million to leak, a federal judge ruled.
Brown & Brown unit makes leadership appointments
Bridge Specialty Group, the wholesale division of Brown & Brown, on Thursday announced a series of key leadership appointments.
Yo quiero homeowner’s insurance
An insurance company canceled a homeowner’s policy because a Louisiana woman failed to disclose her nine-pound, 10-year-old chihuahua named Junebug.
Mental injury legislation continues to trend in comp: Report
States continued to consider proposals to expand the acceptance of mental injuries in workers compensation this year, according to a report by the National Council on Compensation Insurance.
State considers paid leave for workers in ‘climate-related emergency’
Lawmakers in Pennsylvania are considering a bill that would require employers to provide paid leave to employees facing a “climate-related emergency.”
McGill and Partners posts record growth with $300m financing boost
U.K.-based brokerage McGill and Partners Ltd. posted record results in the first half of 2025, with organic revenue rising more than 20% and adjusted earnings before interest, taxes, depreciation and amortization up 79% year on year, Reinsurance News reported. The specialist insurance and reinsurance broker also secured $300 million in new credit facilities from multinational […]
France to launch reinsurance fund for riot damage
France will set up a reinsurance fund to cover riot damage, modeled on the country’s natural disaster insurance program, Atlas Magazine reported. The fund will make riot coverage mandatory for insurers and carry a government guarantee, providing up to 775 million euros ($909 million) annually. It will be financed through an average 5% surcharge on […]
MAPFRE Re predicts steady 2026 renewals
Spain-based MAPFRE Re Compania De Reaseguros SA does not expect major changes for the Jan. 1, 2026, renewals, with Chief Underwriting Officer Non-Life Carmen Bueso emphasizing a stable, client-focused approach backed by strong technical discipline, Reinsurance News reported. She said reinsurers are likely to maintain underwriting rigor and stable attachment points, though in the face […]
Santam taps Vetch as CEO and CFO of new Lloyd’s syndicate
South Africa-based Santam Ltd. has appointed its senior executive team for the newly launched Santam Syndicate 1918 after Lloyd’s of London gave in-principle approval in July 2025, Captive Insurance Times reported. Rob Vetch, currently chief financial officer at Bermuda-based Hamilton Global Specialty, will serve as chief executive and chief financial officer designate, while Simon Clapham, […]
Global ocean hull premiums climb 3.5% as fleet value hits $1.5 trillion
Global ocean hull premiums rose 3.5% in 2024 to $9.7 billion as fleet values climbed 4% to $1.5 trillion, International Union of Marine Insurance data showed, Insurance Asia reported. Asia-Pacific generated 35% of premiums and Europe 53%, while claims pressure persisted with machinery failures leading losses and older ships accounting for 52% of incidents […]
Saudi regulator approves MedGulf-Buruj merger
The Saudi Insurance Authority has approved the proposed merger between The Mediterranean and Gulf Insurance and Reinsurance Company and Buruj Cooperative Insurance Company, Middle East Insurance Review reported. Buruj will be absorbed into MedGulf through the issuance of new ordinary shares to Buruj’s shareholders, with all rights, liabilities, assets and contracts transferred to MedGulf.
KLM strike forces cancellation of more than 100 flights
Netherlands-based KLM Royal Dutch Airlines canceled more than 100 flights at Schiphol Airport today, disrupting travel for 27,000 passengers after ground crew launched a two-hour strike, NL Times reported. The walkout is part of a dispute over unions seeking a wage increase that keeps pace with inflation. Another strike is planned for Sept. 17 if […]
Reserve buffers keep reinsurer profits strong, says Berenberg
Reinsurers’ reported profits are still being driven by reserve buffers created from the historically high pricing of 2023 and 2024, analysts at Germany-based investment bank Berenberg said, Reinsurance News reported. The analysts noted that additions to these buffers could gradually slow and stop by 2027, which could help profits continue to rise even as prices […]
Polish insurers’ profits jump 22%
The Polish Financial Supervision Authority reported Poland’s insurance market grew in both revenue and profitability in the first half of 2025, with gross written premiums rising 3.6% year on year to 44.4 billion Polish zloty ($12 billion), Xprimm reports, citing Gazeta Ubezpieczeniowa. Net profit jumped 22% to PLN8.3 billion on stronger technical results, while non-life […]
M&S digital chief exits months after damaging hack
Marks & Spencer’s chief digital and technology officer is stepping down from her role, months after a cyberattack crippled its online operations, the British retailer said on Thursday.