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Lengthy Government Shutdown to Impact Insurers, Says AM Best

by lpiccitto | Sep 30, 2025 | Uncategorized

Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The potential government shutdown coincides with...

Chinese Hackers Breached Foreign Ministers’ Email Servers

by lpiccitto | Sep 30, 2025 | Uncategorized

Chinese hackers breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed Microsoft Exchange...

Private Credit Could Amplify Shock in Next Crisis, Fitch Says

by lpiccitto | Sep 30, 2025 | Uncategorized

Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the financial system with negative repercussions for a broad range of investors, according to Fitch Ratings. The fast-growing asset class has already...

The Fidelis Partnership Launches Accident & Health MGA, Corsiam

by lpiccitto | Sep 30, 2025 | Uncategorized

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Corsiam Specialty Ltd., a new accident & health managing general agent (MGA). Backed by The Fidelis Partnership Syndicate 3123...

Insurance Industry, Others Press Congress to Act on NFIP at Deadline

by lpiccitto | Sep 30, 2025 | Uncategorized

Organizations representing the insurance, real estate, mortgage banking, financing, and property management industries sent a letter to Congressional leaders calling for quick action to extend the National Flood Insurance Program (NFIP). The program expires at the end...
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