24 02, 2026

People Moves: Rodriguez To Lead EPIC National Real Estate Practice; AXA XL Names Carnazza Head of Construction Property, Americas; Wischmeyer Joins Marsh’s Digital Infrastructure Practice

By | February 24th, 2026|Uncategorized|Comments Off on People Moves: Rodriguez To Lead EPIC National Real Estate Practice; AXA XL Names Carnazza Head of Construction Property, Americas; Wischmeyer Joins Marsh’s Digital Infrastructure Practice

EPIC Names Rodriguez National Real Estate Program Development Leader EPIC Insurance Brokers & Consultants, headquartered in San Francisco, California, appointed Miranda Rodriguez to the newly created role of program development leader within its national real estate practice. Rodriguez will focus …

24 02, 2026

Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best

By | February 24th, 2026|Uncategorized|Comments Off on Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best

Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could create headwinds for a country where tourism represents approximately 10% of the economy, AM Best said in a commentary. Violence …

24 02, 2026

California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition

By | February 24th, 2026|Uncategorized|Comments Off on California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition

California asked a state judge on Tuesday to stop Amazon.com from inflating prices for consumers through an alleged campaign to bully merchants not to sell goods more cheaply elsewhere. The state’s attorney general, Rob Bonta, sought a preliminary injunction in …

24 02, 2026

Sompo Holdings Completes Acquisition of Aspen, Taking it Private

By | February 24th, 2026|Uncategorized|Comments Off on Sompo Holdings Completes Acquisition of Aspen, Taking it Private

A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has finalized its $3.5 billion acquisition of Aspen Insurance Holdings Ltd., taking the insurer private. Under the terms of the deal, which was first announced in August 2025, 100% of …

24 02, 2026

Blizzard Brought Up to $38 Billion in Estimated Damage and Economic Loss: AccuWeather

By | February 24th, 2026|Uncategorized|Comments Off on Blizzard Brought Up to $38 Billion in Estimated Damage and Economic Loss: AccuWeather

The winter storm that brought several feet of snow and blizzard conditions to parts of the Northeast this week resulted in $34 billion to $38 billion in total damage and economic loss, according to preliminary estimate from AccuWeather. More than …

20 02, 2026

Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program

By | February 20th, 2026|Uncategorized|Comments Off on Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program

Markel announced a new collaboration with Upfort to provide eligible U.S. cyber policyholders with an expanded suite of tools to help them safeguard their businesses and help reduce the risk of cyberattacks. Upfort Shield, a multi-layer cyber defense platform, is …

20 02, 2026

India Grants One-Month Extension to 4 Russian Marine Insurers

By | February 20th, 2026|Uncategorized|Comments Off on India Grants One-Month Extension to 4 Russian Marine Insurers

India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow. The stopgap move lasts for one month, …

20 02, 2026

How the UK Is Keeping Flood Insurance Affordable – Until 2039

By | February 20th, 2026|Uncategorized|Comments Off on How the UK Is Keeping Flood Insurance Affordable – Until 2039

While floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance. That reassurance exists largely because of Flood Re. Launched in 2016, Flood Re is a national public–private reinsurance scheme that …

20 02, 2026

Climate Change Made Deadly Valencia Floods More Intense

By | February 20th, 2026|Uncategorized|Comments Off on Climate Change Made Deadly Valencia Floods More Intense

Man-made climate change intensified the rain that fell over Spain’s Valencia region in 2024, when flash floods and landslides caused at least 230 deaths and an estimated €29 billion in damages ($34 billion). Global warming also meant that sudden and …

20 02, 2026

Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

By | February 20th, 2026|Uncategorized|Comments Off on Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

More than two-thirds of independent agencies plan to increase use of artificial intelligence in the next 12 month though just 8% said AI is currently embedded in their daily workflows, according to a new report from The Big “I” Agents …