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At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based
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News
Oregon Proposes 2.1% Increase in Pure Premium Workers' Comp Rates for 2027
3+ day, 5+ hour ago (303+ words) Oregon employers will pay 92 cents per $100 of payroll for workers’ compensation coverage on average in 2027, a rate that would be the second lowest on record. A proposal from the Oregon Department of Consumer and Business Services calls for the pure…...
Quandri Partners with Western Financial Group to Build a New Operating Model for Insurance Agencies, Lifting Retention 2.3%
3+ day, 11+ hour ago (288+ words) Quandri’s AI helps a leading enterprise insurance brokerage improve retention, surface revenue, and automate the administrative work behind client service. VANCOUVER, British Columbia, September 10, 2026 – Quandri, the AI platform for insurance agencies and brokerages, today announced a strategic partnership with Western…...
People Moves: Eckert Lands With Willis Re as CEO
4+ day, 7+ hour ago (331+ words) Willis Re said it has hired Neil Eckert as CEO one day after Conduit Holdings announced Eckert would be leaving as CEO of Conduit Re. Willis Re said Eckert will lead its global broking and advisory strategy to drive growth…...
People Moves: Conduit Hires Former Aspen Exec Dunleavy as CEO; Eckert Steps Down
4+ day, 15+ hour ago (167+ words) Bermuda’s Conduit Holdings, the ultimate parent company of Conduit Re said Neil Eckert, its CEO and executive director will step down on Match 1, 2027. Former Aspen executive Christian Dunleavy will become the new CEO and join the board as as executive…...
Jencap Selects OIP Insurtech to Accelerate AI-Enabled Underwriting Operations
5+ day, 11+ hour ago (174+ words) This article is part of a sponsored series by OIP Insurtech. Rather than position technology as a replacement for underwriting expertise, Jencap viewed the BoundAI partnership as an investment in making that expertise more scalable. BoundAI’s platform supports submission intake,…...
Lawsuit: TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl
6+ day, 20+ hour ago (291+ words) Three Texas homeowners filed a federal racketeering lawsuit last week alleging that the Texas Windstorm Insurance Association fraudulently reduced claim estimates for properties damaged by Hurricane Beryl. The lawsuit, filed in the U.S. District Court, Southern District of Texas, alleges TWIA…...
Can Reinsurers Maintain Underwriting Discipline or Will 'Irrational' Competition Return?
6+ day, 20+ hour ago (547+ words) The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to another traditional soft market…...
Homeowners Insurance Market Reaches 'Fragmented Phase,' Says S&P GMI
6+ day, 20+ hour ago (350+ words) New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a “fragmented phase.” Nationally, the U.S. effective approved homeowners rate change declined…...
Munich Re, Lloyd's Top List of 50 Largest Global Reinsurers: AM Best
6+ day, 20+ hour ago (724+ words) Munich Re has reclaimed its position from Swiss Re as the largest of global reinsurers that use IFRS-17 accounting standards, while Lloyd’s has moved to the top ranking of non-IFRS-17 reinsurers, according to AM Best. Among IFRS-17 reporters, Munich Re…...
From Uncertainty to Underwriting: How Specialty Markets Arise
1+ week, 2+ day ago (407+ words) This article is part of a sponsored series by Vertafore. Insurance has always been about helping people and businesses navigate uncertainty. And the industry has continually adapted to protect new risks as they emerge. These risks didn’t become insurable simply…...