People Moves: Cicchelli Joins World Insurance; James River Adds Arch, Markel Recruits
World Insurance Associates Names Cicchelli Head of Employee Benefits Practice World Insurance Associates LLC named John Cicchelli head of its employee benefits practice. Cicchelli, who will work out of the Iselin, New Jersey headquarters, will spearhead strategic initiatives to accelerate …
APCIA Chair Robusto: Industry Must Fight False Narratives, Improve Public Trust
The property/casualty insurance industry faces an urgent challenge to rebuild public trust amid growing public skepticism fueled by false narratives, according to remarks by Dino Robusto, chair of the American Property Casualty Insurance Association board of directors. “We must better …
Virginia Appeals Court Nixes $2.5 Million Jury Award Against Anesthesiologist
A Virginia appellate court has ordered a new trial in a malpractice case in which a jury awarded a $2.5 million in damages against a doctor for alleged failure to properly administer anesthesia to a woman undergoing an emergency caesarian …
Fortegra Begins Operating From Box 388 at Lloyd’s of London
Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced it has secured a box in the underwriting room at Lloyd’s. Effective immediately, Fortegra will operate from Box 388 on the third gallery in the Lloyd’s underwriting …
Kentucky AG Suit Says Roblox Fails to Protect Children on Gaming Platform
Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his office Monday in a …
FurtherAI Raises $25M to Alleviate Insurance Industry’s ‘Busywork’ Burden
San Francisco-based insurance AI start up FurtherAI announced a $25 million Series A funding round led by Andreessen Horowitz to improve insurance workflows through AI. Claiming that those who run the $7 trillion insurance industry are “doing trillion-dollar work with …
CyberCube Gains a New $180M Investor in Spectrum Equity
Cyber risk modeler CyberCube has gained a new investor to support its long-term growth. The software-as-a-service cyber risk analytics provider said Spectrum Equity is investing more than $180 million, subject to regulatory approvals. It equity firm with join ForgePoint Capital, …
People Moves: Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472; Westfield Specialty Int’l Taps Faraday’s Richardson to Lead Open Market Property
This edition of International People Moves details appointments at Liberty Specialty Markets and Westfield Specialty International. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472 Liberty Specialty Markets (LSM), part …
World Is Far More Ablaze Now With Damaging Fires Than in 1980s: Study
Earth’s nastiest and costliest wildfires are blazing four times more often now than they did in the 1980s because of human-caused climate change and people moving closer to wildlands, a new study found. A study in the journal Science looks …
Bank of England Says Soaring AI Valuations Risk Sharp Market Correction
Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fueled the risks of a “sharp market correction,” the Bank of England said on Wednesday. In its quarterly financial stability update, the UK central bank said …
Tokio Marine Weighs More Than $10 Billion of International M&A
Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the unit. The firm, which generates about 80% of its overseas …
French Wine Output to Fall Below 2024 After Fires Ravage Vines
France further cut its estimate for this year’s wine production, putting output below 2024’s historically low level, after summer heat waves and wildfires hit vineyards. With the grape harvest nearly complete, output is now seen at 36 million hectoliters, the …
People Moves: GEICO Names Orpello CMO; O’Donnell Head of Logistics at Howden US
GEICO Names Orpello Chief Marketing Officer GEICO, headquartered in Chevy Chase, Maryland, named Arianna Orpello as its new chief marketing officer, reporting to Chairman, President and CEO Todd Combs. Orpello, who will join the company on Jan. 5, 2026, will …
Musk’s X Settles Ex-Twitter Executives’ $128 Million Severance Pay Lawsuit
Elon Musk and X Corp have reached a settlement in a lawsuit by four former top executives at Twitter, including former CEO Parag Agrawal, who claim they were not paid $128 million in promised severance pay after Musk acquired the …
Survey: Employer, Employee Views Differ on Workplace Safety
Employers and employees see safety issues and solutions differently, and open communication could be the easy solution. A recent report on employees’ safety perspectives found gaps in both issues and solutions when it comes to workplace safety. When comparing findings …
Drone Attacks Are Now Seen 2,000 Kilometers Inside of Russia
Russia has reported a growing number of drone attacks deep inside its territory, with some reaching nearly 2,000 kilometers (1,200 miles) from the Ukrainian border, further testing the country’s air defenses as the war expands. Drones were detected in industrial …
IMA Financial Adds Alabama’s Valent Group to the Team
IMA Financial Group, a wholesale brokerage based in Denver, has added Valent Group, one of Alabama’s largest privately held insurance brokers, to its team of affiliated firms. Valent, a subsidiary of EBSCO Industries, will retain its name and four offices …
Greystar, Other Landlords Agree to $141M Settlement in Rent-Setting Lawsuit
Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by the software …
Engle Martin Acquires London-Based Integra Technical Services Claims Adjusters
Engle Martin & Associates, an independent claims management firm based in Atlanta, has acquired Integra Technical Services, an international adjusting firm headquartered in London. Integra, founded in 1998, manages claims in a number of industries, including construction, engineering, energy, manufacturing …
Washington Dairy Worker Pleads Guilty in $122K Workers’ Comp Scam
A dairy worker in Skagit County, Washington who said he was too injured to work pleaded guilty to illegally taking workers’ compensation payments. Efrain Alatorre Camarena, 58, pleaded guilty to three counts of third-degree theft and was ordered to repay …



