Browsing: insurance news

The Regional District of Okanagan-Similkameen is considering a bylaw that would allow it to recover fire response costs from insurance companies when local fire departments are called to house fires.

United Risk Global has acquired Pinnacle Underwriting and its affiliate Pinnacle Holdings Group, enhancing its position among the world’s largest MGAs

Global insurance industry braces for potential escalation in Iran-Israel conflict as President Trump authorizes military plans

Pen Underwriting has appointed Jamie Lawson as head of digital e-trade to oversee digital growth across its underwriting and distribution divisions

Companies in Asia-Pacific face increasing cashflow pressures as global working capital requirements rise, with China and Singapore among main contributors to regional increase

Insurance Council of Australia returns to Casterton nearly two years after severe weather event

Three insurance brokers have been sanctioned by the Insurance Brokers Code Compliance Committee for failing to report breaches and complaints data for three consecutive years.

Australia’s financial watchdog rethinks regulation amid rising cyber threats and geopolitical tensions

Insurance premiums for vessels navigating the Strait of Hormuz have surged by over 60% due to escalating tensions between Israel and Iran, with insurers factoring in increased risk of various threats.

Finnish insurance group Sampo Oyj announces leadership transition with Morten Thorsrud succeeding Torbjörn Magnusson as CEO, effective October 1, 2025