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Goosehead names Mark Jones, Jr. as CEO, Mark Miller to retire at year-end

Goosehead Insurance, an independent personal insurance agency, has appointed Mark Jones, Jr. as its new chief executive officer (CEO), effective January 1, 2027. Mark Miller will retire on December 31, 2026. Currently, Jones, Jr. serves as Goosehead’s President and Chief Operating Officer. Additionally, following his retirement, Miller will continue to serve on the company’s board…

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Chubb CEO says AI token costs are minor relative to efficiency gains

Evan Greenberg, chairman and chief executive officer (CEO) of global insurance company Chubb, said the company’s artificial intelligence tokens cost only a fraction of the efficiencies and improvements it will gain. During Chubb Limited’s second-quarter 2026 earnings call, Greenberg was asked about how the company balances rising technology deployment costs with its ability to save…

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Abundant capacity and competition drive 6% global commercial insurance rate decline in Q2’26: Marsh

According to the latest Global Insurance Market Index (GIMI) released by Marsh, global commercial insurance rates fell 6% in the second quarter of 2026, the eighth consecutive quarter of decline, driven by ample capacity and fierce competition from insurers across all major product lines. “Insurers’ strong profitability, excess capital, lower reinsurance costs and improving investment…

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Consilium appoints Samuel Outram as Managing Partner for Energy Risk Solutions Division

Global specialist reinsurance brokerage Consilium has appointed Samuel Outram as managing partner of its energy risk solutions division, expanding its specialist energy capabilities. Outram is a broker with over 17 years of experience in the upstream and midstream energy markets, with deep expertise in operator well premiums/controls, energy-related PD and energy packages. Most recently, he…

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BirdsEyeView expands Australian insurance presence through Market Lane partnership

BirdsEyeView, a technology provider of natural hazard modeling and risk management solutions to the insurance industry, has announced a multi-year partnership with Market Lane Insurance Group, one of Australia’s largest independently owned Lloyd’s underwriters. Through this partnership, Market Lane Insurance Group and its related brands will leverage BirdsEyeView’s CERA® platform to support their catastrophe risk…

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RenRe points to underwriting discipline as Q2’26 results demonstrate resilience in softer market

RenaissanceRe maintained underwriting discipline in a softer and more competitive market in the second quarter of 2026, with CEO Kevin J. O’Donnell saying strong underwriting performance “anchored” results, with the reinsurer delivering $599.1 million in underwriting revenue and a combined ratio of 72.8%. While underwriting revenue was essentially the same as the $601.7 million in…

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KYND warns insurers of growing hidden AI accumulation risk

KYND, a cyber risk intelligence provider that helps businesses and insurers understand and manage cyber risks, warns that as organizations introduce artificial intelligence tools without always disclosing their use, insurers could accumulate hidden AI-related risks in their portfolios. In its latest white paper, The Wild West of AI Risks, KYND says the immediate challenge for…

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CatIQ reports final industry loss estimate for ‘24 Jasper wildfires at CAD 1,304m

CatIQ, a Toronto-based independent organization that provides industry-wide catastrophe insurance data, has disclosed final industry loss estimates for the 2024 Jasper wildfires in Alberta, with total insured losses of C$1.304 billion. The figure, released two years after the devastating fires that ripped through Jasper National Park from July 22 to August 17, 2024, is considered…

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