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News•Feb 27, 2026
US Zones Rank Outside Top 10 in FM Resilience Index
The latest FM Resilience Index shows all U.S. zones falling outside the top‑10 rankings for the first time. The index, which evaluates climate adaptation, business continuity, and operational robustness, placed European and Asia‑Pacific regions ahead of the United States. Analysts attribute the dip to heightened exposure to extreme weather events and slower adoption of resilience measures. Insurers and corporate risk managers are now scrutinizing the findings as they reassess underwriting strategies across the U.S. market.
By Business Insurance
News•Feb 27, 2026
Employer Can Contest Causation Before Authorizing Alternate Care: Iowa Appeals
The Iowa Court of Appeals reversed a district court ruling that forced LJ & J Corp. to approve a total knee replacement for employee John Henry. The court held that an employer disputing causation cannot be compelled to provide alternate...
By Business Insurance
News•Feb 27, 2026
The BI Top 10 for the Week of Feb. 23, 2026
The week’s Business Insurance Top 10 highlighted Howden’s aggressive U.S. expansion, accompanied by litigation with Marsh, while AI‑related claims surfaced, prompting insurers to reassess policy language. Marsh secured a partial injunction against former staff, and EPIC added a former WTW real‑estate...
By Business Insurance
News•Feb 27, 2026
Swiss Re Corporate Solutions’ Profit up 19%, Group Net Income Jumps
Swiss Re’s Corporate Solutions unit posted a net income of $988 million for 2025, a 19 % increase despite a 5 % drop in insurance rates on a risk‑adjusted basis. The broader Swiss Re group saw net income surge 47 % to $4.76 billion, driven...
By Business Insurance
News•Feb 26, 2026
Florida Court Rejects Broader Comp Drug Dispensing Rule
A Florida appeals court struck down a 2023 rule that would have forced workers‑comp insurers to reimburse medications dispensed by physicians, ruling the measure exceeded the statutory “free, full, and absolute choice” language for pharmacy selection. The court held that...
By Business Insurance
News•Feb 26, 2026
Louisiana Bill Would Limit Evidence in Comp Medical Treatment Appeals
Louisiana lawmakers introduced S.B. 162 to amend the state workers' compensation medical treatment schedule. The bill would keep the existing appeal framework but restrict the evidentiary record on further appeal to only what the medical director or associate medical director...
By Business Insurance
News•Feb 26, 2026
Liberty Launches Lender Collateral Insurance Program
Liberty Co. Insurance Brokers announced the launch of Liberty Collateral Protection, a new collateral protection facility aimed at lenders and loan servicers with large, multi‑state portfolios. The offering blends lender‑placed insurance, real‑estate‑owned (REO) coverage, and collateral protection insurance with centralized...
By Business Insurance
News•Feb 26, 2026
Gallagher Buys German Brokerage
Arthur J. Gallagher & Co. announced the acquisition of Krose GmbH & Co. KG, a Bremen‑based brokerage with roughly 70 employees. Founded in 1920, Krose places commercial insurance and reinsurance for complex programs, covering property, casualty, cyber liability, marine, directors‑and‑officers...
By Business Insurance
News•Feb 26, 2026
Munich Re Posts 12% Drop in Fourth-Quarter Profit as Weak Dollar Weighs
Munich Re reported a 12% decline in fourth‑quarter net profit, posting €945 million versus €1.068 billion a year earlier, missing analyst expectations of €1.030 billion. The drop was primarily driven by adverse currency effects from a weaker U.S. dollar. Despite the quarterly dip,...
By Business Insurance
Deals•Feb 26, 2026
Arthur J. Gallagher & Co. Acquires Krose GmbH & Co. KG
Insurance broker Arthur J. Gallagher & Co. announced the acquisition of German brokerage Krose GmbH & Co. KG, a Bremen-based firm specializing in commercial insurance and reinsurance. Deal terms were not disclosed.
Business Insurance
News•Feb 25, 2026
U.K. Sanctions Maritime Mutual over Dark Fleet Coverage
Britain has placed sanctions on New Zealand‑based Maritime Mutual Insurance Association and its Gibraltar affiliate, accusing them of insuring dark‑fleet tankers that transport Iranian and Russian oil. The measures include an asset freeze and the disqualification of company directors. Maritime...
By Business Insurance
News•Feb 25, 2026
Santam Hires Munich Re Exec as CEO
Santam, South Africa's leading insurer, announced the appointment of a senior Munich Re executive as its new chief executive officer. The move follows a strategic review aimed at accelerating growth and deepening reinsurance capabilities. The new CEO brings extensive global...
By Business Insurance
News•Feb 23, 2026
McLarens Names Former Crisis24 Exec to Lead Crisis Management
McLarens has appointed former Crisis24 executive Kevin Moran as executive general adjuster and U.S. team lead for malicious assailant, war, terrorism and political violence within its crisis management practice. The newly created role will oversee incident investigation and insurance reporting...
By Business Insurance
News•Feb 23, 2026
Volvo Cars to Recall 40,000 Electric SUVs over Battery Fire Risk
Volvo Cars announced a recall of 40,323 EX30 electric SUVs after discovering that the high‑voltage battery packs can overheat and pose a fire risk. The recall targets both single‑motor extended‑range and twin‑motor performance variants, requiring replacement of the faulty modules....
By Business Insurance
News•Feb 23, 2026
Nevada Approves 21.6% Increase in Comp Loss Costs
The Nevada Division of Insurance approved a 21.6% increase in workers‑compensation loss costs effective March 1, citing state‑specific pressures rather than a national trend. Elevated large losses, flattening claim frequency, rising claim severity, and a $36,000 payroll cap that skews premium...
By Business Insurance
News•Feb 20, 2026
California Appeals Court Says Exclusivity Bars Asbestos Tort Claims
The California 4th District Court of Appeal ruled that workers‑comp benefits are the exclusive remedy for San Diego city employees who alleged asbestos exposure, rejecting the fraudulent concealment exception. The workers claimed the city knowingly exposed them and hid the risk,...
By Business Insurance
Deals•Feb 20, 2026
Swiss Re to Acquire QBE's Global Trade Credit and Surety Business
Swiss Re Corporate Solutions announced on Feb. 20, 2026 that it will acquire QBE Insurance Group's global trade credit and surety business, which generates about $200 million in annual revenue. The terms of the transaction were not disclosed, and regulatory approvals...
Business Insurance
Deals•Feb 13, 2026
King Risk Partners Acquires Atlanta-Based Agency
Insurance brokerage King Risk Partners announced the acquisition of an Atlanta-area agency, expanding its footprint in the southeastern United States. The terms of the deal were not disclosed.
Business Insurance