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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 20, 2026
Swiss Re to Buy QBE’S Trade Credit, Surety Business
Swiss Re Corporate Solutions announced it will acquire QBE Insurance Group’s global trade credit and surety business, though financial terms were not disclosed. The acquired unit operates primarily in Australia, New Zealand and the United Kingdom and is projected to generate...
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
News•Feb 19, 2026
Amwins Unveils Hospitality Practice to Support Retail Brokers
Amwins, a leading specialty insurance broker, announced the launch of a dedicated hospitality practice aimed at supporting retail brokers that serve hotels, resorts, and related venues. The new unit brings a team of underwriters with deep sector expertise and access...
By Business Insurance
News•Feb 19, 2026
Court Limits Scope of Pollution Exclusion in Herbicide Case
Delaware Superior Court limited the scope of a pollution exclusion in liability policies covering Syngenta’s herbicide paraquat, ruling it does not apply to injuries from normal product use. Travelers must defend six test cases filed between 1974 and 1977, where...
By Business Insurance
News•Feb 19, 2026
Being Tracked Keeps Drivers on Track
University of Pennsylvania researchers found that usage‑based insurance programs with real‑time feedback and up to $100 cash incentives significantly improve driving behavior. Speeding dropped up to 13 percent, while hard braking and rapid acceleration fell as much as 25 percent....
By Business Insurance
News•Feb 19, 2026
Westfield Specialty Reports $1.93B in Gross Written Premium
Westfield Specialty posted $1.93 billion in gross written premium for 2025, delivering $87.2 million of underwriting income and a 93.1% combined ratio. The U.S. segment generated 55% of the premium base, while London‑based international operations contributed the remaining 45%. Business‑line breakdown shows...
By Business Insurance
News•Feb 18, 2026
OSHA Inspector Ranks Fell Sharply Before Projected 2026 Increase, Agency Says
OSHA’s federal safety‑inspection workforce dropped sharply, falling from 812 officers at the end of fiscal 2024 to 629 by September 2025. The agency projects a rebound to roughly 1,720 inspectors in 2026, a figure that includes staff from state‑plan programs....
By Business Insurance
News•Feb 17, 2026
Delaware High Court Rules for Insurers in Ransomware Case
The Delaware Supreme Court reversed a lower‑court dismissal and revived insurers’ claims against Blackbaud for costs incurred after the 2020 ransomware breach. The insurers, who paid more than $2 million for forensic, legal, and credit‑monitoring services, met the state’s notice‑pleading standard...
By Business Insurance
News•Feb 17, 2026
Car Ownership Cost Estimates, Reality Are Miles Apart
A wave of strategic moves reshaped the global insurance landscape on Feb. 17, 2026, as Aon secured a major reinsurance appointment and Zurich received an extension on its Beazley bid, while Ardonagh acquired a controlling stake in a Hong Kong...
By Business Insurance
News•Feb 17, 2026
Aon Makes Reinsurance Appointment
Aon announced that Nick Fraccalvieri will assume the role of CEO of global facultative for its Reinsurance Solutions division effective March 1, succeeding Andrew Laing after a decade at the helm. Laing will transition to UK CEO of Reinsurance Solutions while retaining his...
By Business Insurance
News•Feb 16, 2026
IAG Sees Pricing Pressure After Bushfires, Storms
Insurance Australia Group (IAG) warned Australian policyholders of upcoming premium increases after a wave of severe weather events strained its loss portfolio. Over four months, 17 storms and bushfires across Queensland triggered A$800 million in claims for RACQ Insurance, which IAG...
By Business Insurance
News•Feb 16, 2026
Brasil Re’s Net Income Jumps 35%, Premiums Tumble 12%
IRB Brasil Resseguros SA reported a 35% jump in net income to 505 million Brazilian reais ($97 million) for 2025. Underwriting profit surged 64% year‑over‑year to 741 million reais, while written premiums fell 12% to 5.8 billion reais. The premium decline reflects a wave...
By Business Insurance
News•Feb 16, 2026
Mapfre Re to Open India Branch
Spain‑based Mapfre Re Compañía de Reaseguros SA has secured regulatory approval to open a branch in Gujarat, India. The reinsurer plans to commence operations within weeks after completing pre‑opening procedures with local authorities. This marks Mapfre Re’s first dedicated presence...
By Business Insurance
News•Feb 16, 2026
MS Amlin’s Premiums Surge 380%
MS Amlin reported a 380% jump in gross written premiums, marking a dramatic turnaround for the Lloyd’s syndicate. The surge stems from robust growth in specialty underwriting and reinsurance contracts across Europe and Asia. The company also highlighted improved loss...
By Business Insurance
News•Feb 16, 2026
Editorial: Time to Find a Fix for Poaching Suits
The editorial highlights a surge of insurance‑broker poaching lawsuits, ignited by Howden’s aggressive hiring of hundreds of producers from rivals. It exposes a broken industry approach to employee mobility, where firms cling to proprietary data while brokers argue their client...
By Business Insurance
News•Feb 16, 2026
Insurance Broker M&A Stabilizes After Surge
Insurance brokerage M&A activity has settled into a lower‑than‑peak but sustainable level. Total reported transactions fell 12% in 2025 to 691, aligning with a ten‑year average of 686 when the 2021‑22 surge is excluded. Private‑equity‑backed (PE‑hybrid) firms continue to dominate,...
By Business Insurance
News•Feb 16, 2026
Mixed-Use Mega Venue Projects Create a Whole New Ball Game for Insurers
Mixed-use mega venues such as SoFi Stadium and The Sphere are expanding beyond traditional sports arenas to include retail, dining, residential, and high‑tech features. This diversification creates broader, more complex liability exposures, prompting owners to purchase higher limits and layered...
By Business Insurance
News•Feb 16, 2026
View From the Top: Manny Padilla, RIMS
Risk & Insurance Management Society (RIMS) has elected Manny Padilla, a veteran risk executive at MacAndrews & Forbes, as its 2026 president. Padilla, who transitioned from the U.S. Navy and Coast Guard Auxiliary to insurance, emphasizes that risk management is...
By Business Insurance
News•Feb 16, 2026
Suits Arise as Tariff Questions Raise D&O Risk
Securities class-action lawsuits are emerging as tariff uncertainty under the Trump administration creates new D&O exposure. Although overall federal securities filings fell 10.7% in 2025, four suits specifically cited tariff‑related misstatements, targeting companies such as Dow, CarMax and Tronox. Insurers...
By Business Insurance
News•Feb 16, 2026
BI, Litmus Partner on Composite Insurer Ratings
Business Insurance has partnered with Litmus Analysis to publish a composite rating table for North American commercial‑line insurers. Litmus uses its proprietary Litmus Composite Score (LCS) to blend A.M. Best, Fitch, Moody’s and S&P ratings into a single numerical outcome,...
By 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.
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