Profession (Parent)

Intact Insurance Specialty Solutions Appoints Kyle Gosselink to Lead Fine Arts

he latest people news in the industry today.

The Baldwin Group Names Phil Pierce West Regional President for Insurance Advisory Solutions

Canopius Group Names Stacey Alioto Group COO and Melanie Brown Head of US Claims

AI Could Break Insurance’s Two-Decade Growth Stalemate, McKinsey Says

Insurance Agency M&A Activity Hits Slowest Pace Since 2016 As Deal Volume Keeps Sliding

Recently in Profession (Parent)

RIMS Names Prologis’ Jeff Bray as 2026 Risk Manager of the Year

RIMS recognizes Bray and Specialized Bicycle Components’ Emily Buckley for their leadership in embedding risk management into organizational strategy and decision-making.

Insurance Distribution M&A Activity Hits Decade Low as Three-Year Slide Shows Signs of Bottoming Out

Deal volume in the insurance agency space fell 6% in the first quarter of 2026 compared to a year earlier, marking the 10th consecutive quarter below the long-term trend line, according to OPTIS Partners.

Q1 2026 Natural Catastrophe Losses Fall Well Below Average, Leaving Insurers in Strong Position

Global insured losses from natural disasters totaled $20 billion in the first quarter of 2026 — 26% below the 10-year average — according to Gallagher Re’s latest Natural Catastrophe and Climate Report.

John Newell Named Chief Executive Officer at World Insurance Associates

The latest people news in the industry today.

Michael J. Cusack Named President of Alliant Property & Casualty at Alliant Insurance Services

The latest people news in the industry today.

Ashleigh Sears Named Alternative Risk Solutions Practice Leader at Lockton

The latest people news in the industry today.

Al Caceres Named Senior Vice President, National Energy Property Leader at IMA Financial Group’s Energy Practice

The latest people news in the industry today.

Global Commercial Insurance Rates Fall 5% as Property Declines Offset US Casualty Pressure

Global insurance rates declined for the seventh consecutive quarter in early 2026, driven by property rate drops and persistent insurer competition, Marsh reports.

Rising Hail Risk Poses Growing Threat to Solar Farm Insurability

The rapid expansion of solar photovoltaic farms into hail-prone regions is creating new underwriting challenges that demand better risk modeling and mitigation strategies, according to Gallagher Re and AXIS.

Brilliance in Focus: 2025 At Large Power Broker Jason Adamiec

Geopolitical instability is one risk Power Broker Jason Adamiec thinks insureds would do well to monitor.

Small Construction Firms Account for Half of Industry Fatalities Despite Employing Just Over a Third of Workers

Firms with fewer than 20 employees represent more than 90% of construction payroll and face disproportionately higher fatal and nonfatal injury rates, according to CPWR — The Center for Construction Research and Training.

The Cyber Insurance Conundrum

Cheaper cyber insurance is flooding the market, but escalating risks are quietly testing its limit.

AI Isn’t the Strategy. Outcomes Are.

AI in claims is no longer about insight alone — it’s about embedding intelligence into everyday workflows to drive faster decisions, stronger outcomes, and more human-centered care.

Medical Malpractice Claim Severity Escalating as Social Inflation Drives Casualty Costs Higher

Compounding forces including litigation funding, nuclear verdicts and aggressive trial strategies are pushing medical professional liability severity well beyond general inflation, S&P Global Market Intelligence found.

Air Ambulance Costs in Workers’ Comp Surged More Than 60% Over the Past Decade

Average payments for air ambulance transport in workers’ compensation climbed sharply between 2013 and 2024, with wide variation across states, according to the Workers Compensation Research Institute.

U.S. Storms and European Flooding Drive Below-Average Q1 Catastrophe Losses

Global economic losses from natural disasters reached $37 billion in the first quarter of 2026, well below the 21st-century average, while insured losses tracked near historical norms, according to Aon.

SterlingRisk Promotes Marci Waterman to Deputy Chief Executive Officer and Names John S. Beres as Chief Operating Officer

The latest people news in the industry today.

Rob Marsh Named President of Global Risk Solutions North America Specialty at Liberty Mutual Insurance

The latest people news in the industry today.

Janelle Griffith Named Global Logistics Practice Leader at Marsh Risk

The latest people news in the industry today.

Michael Costonis Named President of Insurance Business Services at ReSource Pro

The latest people news in the industry today.