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JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims
California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …
POSTED JANUARY 06, 2026 9:04 PM |
Trucordia Acquires First Texas Agency
Trucordia announced the acquisition of the First Texas Agency business, based in Houston, Texas. With a commitment to guiding clients with education about insurance solutions, First Texas Agency builds strong client relationships throughout the Houston area and beyond. Helfer & …
POSTED JANUARY 06, 2026 5:05 PM |
Houston Homeowners Win Hurricane Harvey Appeal Against Feds
A federal appeals court has ruled that the government is liable for damage to homes that flooded upstream of the Addicks and Barker dams after Hurricane Harvey unleashed more than 50 inches of rainfall on the Houston region in 2017. …
POSTED JANUARY 06, 2026 5:01 PM |
Zurich and Players Health Form Injury Insurance for NIL Era of College Sports
Zurich North America and Players Health, a provider of athlete safety and insurance solutions, have teamed up to introduce a critical injury protection insurance solution for colleges, universities, collectives and their student athletes who receive name, image and likeness (NIL) …
POSTED JANUARY 06, 2026 4:53 PM |
People Moves: Westfield Specialty Taps Sompo’s Röskau for New Company Market Unit
Westfield Specialty announced the appointment of Cornelia Röskau as chief executive officer of the newly formed Europe company market, Westfield Specialty Europe, which will begin underwriting business in April, subject to regulatory approval. She will be based in Luxembourg and …
POSTED JANUARY 06, 2026 4:51 PM |
Morningstar: A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires “a significant stress event” for California’s property/casualty insurance sector. The industry …
POSTED JANUARY 06, 2026 4:08 PM |
Xceedance Acquires Illinois-Based Marble Box
Xceedance, a global provider of technology-driven business solutions for the insurance industry, today announced its acquisition of Marble Box, a company delivering tailored operational support and process optimization solutions to independent insurance agencies and brokers. This acquisition marks Xceedance’s entry …
POSTED JANUARY 06, 2026 3:44 PM |
Millions at Risk of Los Angeles-Style Wildfires in Australia
Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the fringes of centers including Sydney, Melbourne and Perth …
POSTED JANUARY 06, 2026 3:11 PM |
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In
American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced by Aon Plc’s Eric Andersen. The announcement …
POSTED JANUARY 06, 2026 1:12 PM |
German Insurers Report Below-Average Natural Disaster Claims in 2025
Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German insurers in 2025, defying the long-term trend for such perils, given the impact of climate change, according to the German …
POSTED JANUARY 06, 2026 12:48 PM |
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