MSIG USA has brought in as director of product development with the recruit joining the Mitsui Sumitomo Insurance Group-owned platform from AIG.

Geico has announced the addition of 500 new jobs in North Texas to build on the growth of its commercial insurance business.

US primary casualty rate increases will hit double digits in 2025 as they catch up to excess rate adjustments, while London is “poised to become a more visible player” in US casualty, Amwins has said.

The recent long-duration snow event that affected portions of southern Canada and the northern US between 28 November and 3 December could cause tens of millions of dollars in economic and insured losses, according to Aon.

Insurers look to have sidestepped any significant losses from the series of earthquakes that shook parts of northern California on Thursday, with only minimal damage having been reported so far and a tsunami warning having been cancelled.

Insurers including Allianz and Lloyd’s underwriters will contribute $85mn towards a $323mn settlement of clerical abuse claims by the Rockville Centre Diocese on Long Island, lawyers that led the litigation efforts have stated.

US independent reinsurance broker Holborn has appointed former Swiss Re executive Frederic Gindraux as senior vice president, claims advisory.

The insurance industry is reeling following the fatal shooting of Brian Thompson, CEO of UnitedHealth's insurance unit, in what police have described as a targeted attack.

Premium renewal rate rises in commercial auto, business owners policy (BOP) and umbrella all accelerated in November from the previous month, according to the latest data from Ivans.

The excess and surplus lines market “is well positioned to continue its upward trajectory”, according to a new report from Amwins, which notes innovation, technology and data-driven underwriting will drive further growth.

ILS investment manager Twelve Capital projects insurance industry losses from the 2024 Atlantic hurricane season to range between $30bn and $50bn, which had "minimal" impact on the cat bond market, according to its seasonal review.

Beazley Security has appointed two vice presidents to support its growth and geographic expansion; Stephanie Webb will oversee sales in the UK and Europe, while Jason Deering will focus on expanding client engagements across the Americas.

Axa XL has appointed two new client relationship leaders (CRLs) in the US: Russell Caminske, formerly with AIG, as east zone CRL, and Ryan Larson, previously with Gallagher Bassett, as west zone CRL.

Jupiter Risk Services has brought to market a new high value homeowners insurance program, which is offered on a surplus lines basis and backed by AM Best A- rated capacity, with the offering representing parent Risk Theory’s inaugural personal lines play.

Hub International’s omnichannel insurance brokerage platform, VIU, has acquired Connecticut-based BIS Management Services, operating as Insuritas, an embedded insurance provider for financial institutions.