Munich Re has reclaimed its position from Swiss Re as the largest global reinsurers that use IFRS-17 accounting standards, while Lloyd’s has moved to the top ranking of non-IFRS-17 reinsurers, according to AM Best. Among IFRS-17 reporters, Munich Re is …
The Mississippi Insurance Department has revoked the licenses of 59 insurance producers after they reportedly gave false information about their residences and then failed to show for a hearing. “The evidence is clear, these agents don’t live in Mississippi. They …
A federal judge in New York has dismissed a racketeering lawsuit by ride-sharing firm Uber against several injury law firms, doctors and pain clinics alleging they conspired to extract inflated auto insurance claims payments through staged accidents, unnecessary surgeries and …
As sweeping U.S. crypto legislation stalls, President Donald Trump’s regulators are set to fill the void, but efforts to write favorable rules for the digital asset industry will be contentious and could be overturned by future administrations. Deep-pocketed crypto companies …
This edition of International People Moves details appointments at the brokers Aon and Miller Bermuda. A summary of these new hires follows here. Aon CFO Reese Steps Down After 2 Years, Succeeded by Virana in Interim Role Insurance broker Aon …
Almost four years after he pleaded guilty, the top associate to convicted briber, insurance entrepreneur and fraudster Greg Lindberg has been sentenced to two years in prison. Christopher Herwig, who was chief investment officer for Lindberg’s Eli Global and other …
NFP, a subsidiary of Aon, the international insurance broker, announced it has acquired the retail cannabis business of Frontier Risk Group, a specialty insurance company that has focused on the marijuana industry. Frontier is based in Norwalk, Connecticut. Eric Scheider, …
Cargo theft incidents were down 26% in the second quarter 2026 compared with the same time a year ago but it turns out that thieves stole expensive items as losses reached over $300 million. According to a report from Verisk’s …
Three years ago, nearly every major US company explicitly considered diversity when choosing new directors. Now, most don’t. In all, 61 S&P 100 companies have dumped explicit diversity criteria for future board members since 2023, according to an ESGAUGE analysis …
The El Niño building in the Pacific Ocean is increasingly expected to reach a strength not seen in 76 years of record keeping. “During the October-December 2026 season, there is a 69% chance of a historic event that would exceed …