News Center
News Archives - Insurance Journal
Legacy Specialist RiverStone Enters ILS Market; Completes QBE Loss Portfolio Transfers
RiverStone International, the Bermuda-based legacy acquisition specialist, announced two major loss portfolio transfer (LPT) reinsurance deals, including its first involving the insurance-linked securities (ILS) market. The ILS transaction, announced on Oct. 30, involved the reinsurance of portfolios associated with funds …
POSTED NOVEMBER 03, 2026 4:27 PM |
Binance Hackers Used Fake Job Interviews in $6.3 Billion Heist
Binance Holdings Ltd. said Tuesday that the hackers behind a $6.3 billion heist used social engineering techniques including fake job interviews, as well as malicious software, in the most detailed report yet on how the incident unfolded. Binance, which attributed …
POSTED NOVEMBER 03, 2026 3:15 PM |
Schools, Faith Groups, Libraries Step Up As Disaster Aid Becomes a Political Lottery
Four tornadoes tore across southwest Michigan in early March 2026, killing four people. They were the state’s deadliest natural hazards in decades. Gov. Gretchen Whitmer asked the Federal Emergency Management Agency for assistance to cover uninsured and underinsured losses. FEMA …
POSTED NOVEMBER 03, 2026 3:11 PM |
Learjet May Have Broken Up Before Fatal Florida Crash, NTSB Says
US air safety investigators said there are early indications the Learjet 60 that crashed in Palm Beach, Florida, on Sunday had broken up before impacting the ground, killing all nine people on board and injuring at least one person on …
POSTED NOVEMBER 03, 2026 3:01 PM |
Vantage Launches Facultative Reinsurance Business, Names Pickard as President
Vantage Group Holdings Ltd., the Bermuda-based re/insurer, announced the launch of its Facultative Reinsurance line of business, led by industry executive Lisa Pickard, who has joined Vantage as president of Facultative Reinsurance. This expansion marks a key milestone in Vantage’s …
POSTED NOVEMBER 03, 2026 2:48 PM |
Berkshire-Owned Utility’s Wildfire Lawsuits Head to Oregon Supreme Court
The Oregon Supreme Court will on Tuesday review a verdict that could expose Berkshire Hathaway’s PacifiCorp utility to tens of billions of dollars of potential damages over its role in four Oregon wildfires in 2020. Oregon residents and business owners …
POSTED NOVEMBER 03, 2026 2:22 PM |
UK Must Expect AI-Powered Attack on Critical Infrastructure Within Two Years: Report
Britain should be prepared for an AI-powered cyberattack on its critical national infrastructure in the next two years, the UK’s National Cyber Security Centre said on Tuesday, adding that China was likely the best equipped to conduct such operations. Richard …
POSTED NOVEMBER 03, 2026 2:12 PM |
The Hanover’s Roche Receives Insurance Industry’s Lifetime Achievement Award
The Institutes Griffith Foundation and the American Property Casualty Insurance Association (APCIA) honored John C. “Jack” Roche, president and chief executive officer of The Hanover Insurance Group, with the 2026 Lifetime Achievement Award during the APCIA Annual Meeting in Boston, …
POSTED NOVEMBER 03, 2026 2:06 PM |
Barclays Steps Up Client Reviews to Track Flood Exposure
Barclays Plc has been stepping up its review process to ensure it detects client exposures to intensifying flood risks. The bank has been running internal models to make sure it’s tracking different scenarios, said Amit Puri, its head of sustainability …
POSTED NOVEMBER 03, 2026 1:41 PM |
FTC, States Allege Toast Software Burns Restaurants and Consumers
The Federal Trade Commission (FTC) and eight states have filed a lawsuit against Toast Inc. alleging the restaurant software company charges restaurants hidden and unauthorized fees and unwanted add-ons; fails to deliver on its customer support promises; and makes it …
POSTED NOVEMBER 03, 2026 12:25 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Limbani Insurance Template confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|