18 11, 2025

People Moves: TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions; MGA Augmented Appoints Overall as Head of Underwriting

By | November 18th, 2025|Uncategorized|Comments Off on People Moves: TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions; MGA Augmented Appoints Overall as Head of Underwriting

This edition of International People Moves details appointments at the specialty insurer Tokio Marine Kiln and the MGA Augmented UW. A summary of these new hires follows here. TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions Tokio Marine …

19 11, 2025

How Big Tech Is Faring Against US Antitrust Lawsuits?

By | November 19th, 2025|Uncategorized|Comments Off on How Big Tech Is Faring Against US Antitrust Lawsuits?

A federal judge ruling that Meta Platforms does not hold an illegal social media monopoly handed Big Tech its first decisive win against the antitrust crackdown started in President Donald Trump’s first term. Here are the statuses of the U.S. …

19 11, 2025

Digital MGA Honeycomb Insurance Expands to Colorado

By | November 19th, 2025|Uncategorized|Comments Off on Digital MGA Honeycomb Insurance Expands to Colorado

Honeycomb Insurance has begun writing policies in Colorado. The digital managing general agency specializes in property/casualty coverage for landlords and condominium associations. The company’s underwriting platform evaluates properties individually using high-resolution imagery and technology. Honeycomb now operates across 20 states …

19 11, 2025

GEICO Can’t Slip Out of SC Lawsuit That Says it Owes $70M in Taxes and Penalties

By | November 19th, 2025|Uncategorized|Comments Off on GEICO Can’t Slip Out of SC Lawsuit That Says it Owes $70M in Taxes and Penalties

GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and penalties, a federal judge ruled in a case that could ultimately affect how insurance taxes are collected by cities in …

18 11, 2025

Estimate to Rebuild Baltimore’s Key Bridge Doubles to $5 Billion

By | November 18th, 2025|Uncategorized|Comments Off on Estimate to Rebuild Baltimore’s Key Bridge Doubles to $5 Billion

The price tag for rebuilding Baltimore’s Francis Scott Key Bridge is now more than double what officials estimated in 2024 right after the bridge was struck by a container shop and collapsed. The Maryland Transportation Authority (MDTA) yesterday updated the …

19 11, 2025

Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG

By | November 19th, 2025|Uncategorized|Comments Off on Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG

Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstances.” Lloyd’s Chairman Charles Roxburgh …

19 11, 2025

1 Worker Dies, 2 Injured in Trench Collapse at Cape Cod Construction Site

By | November 19th, 2025|Uncategorized|Comments Off on 1 Worker Dies, 2 Injured in Trench Collapse at Cape Cod Construction Site

One worker died and two were injured in a trench collapse at a construction site in a popular seacoast town on Cape Cod, Massachusetts. The trench collapse happened on Tuesday about 9 a.m. at a sewer project work site located …

18 11, 2025

Motive, GEICO Partner to Improve Safety and Lower Premiums for Commercial Fleets

By | November 18th, 2025|Uncategorized|Comments Off on Motive, GEICO Partner to Improve Safety and Lower Premiums for Commercial Fleets

GEICO and fleet management company Motive have partnered to improve drive safety and drive down insurance prices for commercial fleets. Motive’s artificial intelligence-powered operations platform integrates fleet management, spend management, equipment and temperature monitoring, compliance, and workforce management in one …

19 11, 2025

Business Groups Ask Supreme Court to Pause California Climate Reporting Laws

By | November 19th, 2025|Uncategorized|Comments Off on Business Groups Ask Supreme Court to Pause California Climate Reporting Laws

The U.S. Chamber of Commerce asked the Supreme Court to pause new California laws expected to require thousands of companies to report emissions and climate-risk information. The laws are the most sweeping of their kind in the nation, and a …

19 11, 2025

Has Insurtech Funding Found a Floor?

By | November 19th, 2025|Uncategorized|Comments Off on Has Insurtech Funding Found a Floor?

Two separate reports published this month show that while quarterly insurtech deal counts have plummeted from heights attained in 2021 and 2022, dollar levels invested in insurtechs have stabilized since late 2022. While their deal-dollar and deal-count tallies are slightly …