People Moves: Acrisure Appoints Radelet Chief Corporate Affairs Officer; Carbon Hires Bright to Lead US Underwriting
Acrisure, headquartered in Grand Rapids, Michigan, appointed Aaron Radelet as chief corporate affairs officer. In this newly created role, Radelet oversees the company’s corporate brand and reputation strategy globally, including communications, public affairs, corporate citizenship and events. He will serve …
Here’s How Much Hurricane Melissa Was Worsened by Climate Change
Hurricane Melissa became the most powerful storm on record to strike Jamaica in part because of water made hotter and air made wetter by global warming, a new analysis has found. The storm was also one of the strongest to …
Deaths and Illnesses Reported in Listeria Outbreak Tied to Recalled Pasta Meals
Two new deaths and seven more illnesses have been reported in an expanding outbreak of listeria food poisoning tied to recalled pasta meals sold at grocery stores including Walmart and Trader Joe’s in many states. In total, at least six …
MMA Sues Former Specialty Marine Head Over Move to Howden US
Marsh McLennan Agency is going after a single employee, who came over in the acquisition of McGriff Insurance Services, for leaving for Howden US—taking 17 coworkers and over 30 clients representing $4 million in annual revenue. According to a lawsuit …
Tech University Students Think Tiny Drones Inspired by Bats Could Save Lives
Don’t be fooled by the fog machine, spooky lights and fake bats: the robotics lab at Worcester Polytechnic Institute lab isn’t hosting a late Halloween party. Instead, it’s a testing ground for tiny drones that can be deployed in search …
Anchored in Maritime Roots, the Cayman Islands Set Sail for Reinsurance Opportunities
The Cayman Islands have a story familiar to many in insurance—entering the industry unexpectedly from somewhere else. In fact, the islands went from sustaining the economy as an exporter of thatch rope to becoming a thriving reinsurance hub in just …
People Moves: AXA XL Promotes Lahrmann to Head of International Property; Fidelis Insurance Group Taps IQUW’s Waddell-Dudley as UK CUO
This edition of International People Moves details appointments at AXA XL and Fidelis Insurance Group. A summary of these new hires follows here. AXA XL Promotes Lahrmann to Head of International Property AXA XL announced the promotion of Sabrina Lahrmann …
Lemonade Books Q3 Net Loss of $37.5 Million
Insurtech Lemonade reported a third quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time. Revenue and gross profit increased 42% and 113%, respectively, versus Q3 2024. However, …
Manufacturer WNA Earns TDI Lone Star Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized WNA, part of The Novolex organization with the Lone Star Safety Award for demonstrating outstanding dedication to workplace safety and health. This facility’s 123 employees manufacture plastic stadium …
Two Men Charged with Terrorism Plot at LGBTQ+ Bars in Detroit Suburb
Two 20-year-old men who had acquired high-powered weapons and practiced at gun ranges were scouting LGBTQ+ bars in suburban Detroit in September for a possible Halloween attack, authorities said Monday in filing terrorism-related charges. Mohmed Ali, Majed Mahmoud and co-conspirators …
Afore Begins Virginia Expansion With Acquisition of Norfolk’s Salzberg Agency
Afore Insurance Services, LLC announced its acquisition of Salzberg Insurance Agency in Norfolk, Virginia, a firm with an 87-year history of serving the Hampton Roads business community. Terms were not disclosed. Under the agreement, Salzberg will operate as part of …
Louisiana Bar Association Selects ORLSI as Lawyers Malpractice Insurance Provider
The Louisiana State Bar Association (LSBA) has selected Old Republic Lawyers Specialty Insurance (ORLSI) as its endorsed lawyer’s malpractice insurance provider. Through its partnership with ORLSI, the LSBA Insurance Program now offers enhanced policy coverages and better program perks. These …
Texas Courier Service to Pay $800K in Workers’ Comp Fraud Case
Trinity Couriers Inc., a courier service based in San Antonio, pled guilty to fraudulently obtaining workers’ compensation insurance coverage, the Texas Department of Insurance announced. The company agreed to pay $800,000 in restitution to their insurance carrier, Texas Mutual Insurance …
Fired Indiana University Student Newspaper Adviser Claims Free Speech Violation
A faculty adviser for Indiana University’s student newspaper filed a federal lawsuit last week arguing his free speech and due process rights were violated when he was fired for refusing to ensure no news stories appeared in the homecoming print …
Chubb Group Vice Chair Lupica to Retire at 2025 End
John Lupica, vice chairman of Chubb Group and executive chair of North America Insurance, is retiring at the end of the year. John Keogh, president and chief operating officer of Chubb Group, will add the additional role of chair of …
Tariff-Linked Class Action Suits to Boost D&O Insurance Demand
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President …
North Carolina Rate Bureau Calls for 68% Dwelling Policy Rate Hike Over 2 Years
The North Carolina Rate Bureau is asking for 28.5% and 31% average rate increases for dwelling policies over the next two years, numbers that will likely be reduced after negotiations with the state insurance commissioner. The Rate Bureau, representing insurance …
US Prosecutors Say Cybersecurity Pros Ran Ransomware Operation
Prosecutors said three American cybersecurity professionals secretly ran a ransomware operation aimed at shaking down companies across the United States. The three people, only two of whom – Ryan Goldberg and Kevin Martin – were identified by name, collaborated with …
People Moves: Westfield Specialty Int’l Taps Former AIG Exec Baldwin as President; Vantage Promotes Senior Leaders in Reinsurance, Partnership Capital Platform
This edition of International People Moves details appointments at Westfield Specialty International and Vantage Group Holdings. A summary of these new hires follows here. Westfield Specialty Int’l Names Former AIG Exec Baldwin as President Westfield Specialty International announced the appointment …
Arthur J. Gallagher Acquires Surescape Insurance Services in Colorado
Arthur J. Gallagher & Co. acquired Denver, Colorado-based Surescape Insurance Services LLC. Doug Rothey and his team will remain in their current location under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations. Surescape is …
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