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Allianz Commercial Launches Direct Underwriting Syndicate at Lloyd’s Allianz Commercial announced plans to launch a new direct underwriting syndicate at Lloyd’s — Allianz Commercial Syndicate 1893 — which is expected to begin trading from Jan. 1, 2027. The new syndicate will give Allianz Commercial greater access to specialty, …
POSTED NOVEMBER 05, 2026 4:18 PM |
LA Port Strike Risk Pushed to Friday as Labor Talks Continue The union representing about 250 security workers at the U.S.’s biggest seaports agreed to extend a contract negotiation deadline until midnight Friday, their employers said. With the extension comes a renewed strike threat that could impact operations at several terminals …
POSTED NOVEMBER 05, 2026 2:42 PM |
Police Clash With Protesters in French City of Lyon French riot police fired tear gas and charged a group of protesters in the French city of Lyon on Thursday as demonstrations took place across the country in a renewed challenge to President Emmanuel Macron after weeks of unrest. Some …
POSTED NOVEMBER 05, 2026 1:17 PM |
People Moves: SAN Group Names Chief Operating Officer; Radian Names Executives SAN Group Names von Jess Chief Operating Officer SAN Group, headquartered in Hampton, New Hampshire, appointed Tom von Jess as chief operating officer. With more than 20 years of experience in insurance, benefits, partnerships, and multistate distribution, von Jess will …
POSTED NOVEMBER 05, 2026 1:11 PM |
Insurer FM Donates Rhode Island United Way’s Largest Gift in Its History Commercial property insurer FM announced a $5 million gift from the FM Foundation to United Way of Rhode Island,. The gift is the largest single corporate donation in the nonprofit organization’s history. The donation comes as the state’s United Way …
POSTED NOVEMBER 05, 2026 1:07 PM |
AI-Powered Insurance Startup Kalepa Valued at $470M in New Funding Round Insurance startup Kalepa on Oct. 5 said it raised $75 million at a $470 million valuation, as investors bet that AI solutions can speed up the slow, data-heavy work of pricing risk and writing policies. Growth equity firm Updata Partners …
POSTED NOVEMBER 05, 2026 1:01 PM |
Pennsylvania Reports Sixth Measles-Linked Death as Cases Rise Pennsylvania health officials on Wednesday reported the state’s sixth measles-associated death this year as the outbreak continued to spread. The state has emerged as the epicenter of the outbreak, accounting for a substantial share of infections reported nationwide. The state …
POSTED NOVEMBER 05, 2026 12:48 PM |
Markets/Coverages: Aon Client Treaty Facility Expands to 35% Co-Insurance for 2027 Aon plc, the re/insurance broker, announced the successful renewal of the Aon Client Treaty (ACT) facility. From Jan. 1, 2027, the facility will enable 35% co-insurance on eligible business placed through Aon’s Global Broking Centre and on facultative reinsurance placed …
POSTED NOVEMBER 05, 2026 12:30 PM |
AI Sharpens Cat-and-Mouse Hacking Battle as Companies Strengthen Defenses From hacked supermarket fridges and a record cryptocurrency theft at Binance to an emergency over flaws in widely used web software, companies worldwide are facing a wave of cyber threats executives say AI is accelerating and making more sophisticated. The …
POSTED NOVEMBER 05, 2026 11:38 AM |
European Airlines Face Second Wave of Aircraft Bomb Threats European airlines suffered a second wave of bomb threats on Thursday that indiscriminately targeted companies from low-cost operator Wizz Air Holdings Plc to Finnish flag carrier Finnair Oyj, throwing air travel into disarray across a region already grappling with a …
POSTED NOVEMBER 05, 2026 10:34 AM |
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