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Texas Stock Exchange Raises $155 Million After First Listings
Insurance Journal | October 1, 2026
Texas Stock Exchange Raises $155 Million After First Listings
The parent company of the Texas Stock Exchange raised $155 million in a third funding round, bolstering its financial firepower as it challenges the New York Stock Exchange and the Nasdaq for equities listings. TXSE Group Inc.’s existing shareholders are …
Bayer Faces Trial Test of Remaining Roundup Claims After Supreme Court Win
Insurance Journal | October 1, 2026
Bayer Faces Trial Test of Remaining Roundup Claims After Supreme Court Win
Attorneys for three cancer patients told a Missouri jury on Sept. 29 that Bayer’s Monsanto unit failed to adequately test its Roundup weedkiller before selling it, starting a trial that could help determine the viability of some Roundup lawsuits after …
China Has an 18-Wheel Answer to Soaring Global Diesel Prices
Insurance Journal | October 1, 2026
China Has an 18-Wheel Answer to Soaring Global Diesel Prices
As Qu Shaolong pulls his electric truck into one of the many charging stations that dot the Chinese coal hub of Yulin, the latest phase in the country’s energy transition is playing out in real time. The roads in this …
Takeaways From AP Analysis on the Flaws in National Flood Insurance
Insurance Journal | October 1, 2026
Takeaways From AP Analysis on the Flaws in National Flood Insurance
The nation’s flood insurance program struggles to balance affordability, flood protection and cost to taxpayers, leaving millions vulnerable at a time when climate change is driving flood risk higher. Nationwide, just 2.4% of properties are covered by 4.5 million federal …
AXA XL Launches Insurance Company, AXA XL E&S
Insurance Journal | October 1, 2026
AXA XL Launches Insurance Company, AXA XL E&S
AXA XL said it launched AXA XL Excess & Surplus Lines Insurance Company (AXA XL E&S), dedicated to exclusively serve wholesale brokers. This strategic move enhances AXA XL’s underwriting focus and capabilities within the Excess & Surplus (E&S) insurance market. …
Passengers Avert Crash Tackling Pilot Who Stabbed Colleague
Insurance Journal | September 30, 2026
Passengers Avert Crash Tackling Pilot Who Stabbed Colleague
A pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane in what Israeli Prime Minister Benjamin Netanyahu branded a serious security incident. Catastrophe was narrowly avoided after a …
People Moves: Howden Re Launches Danish Office, Naming Ellborg as MD; Re/Insurance Broker Cogent Names Holberry as CEO Designate
Insurance Journal | September 30, 2026
People Moves: Howden Re Launches Danish Office, Naming Ellborg as MD; Re/Insurance Broker Cogent Names Holberry as CEO Designate
This edition of International People Moves details appointments at Howden Re and the re/insurance broker Cogent. A summary of these new hires follows here. Howden Re Launches Danish Office, Naming Ellborg as MD Howden Re, the London-based reinsurance unit of …
Griffin’s University Plan Turbocharges Miami Transformation
Insurance Journal | September 30, 2026
Griffin’s University Plan Turbocharges Miami Transformation
Ken Griffin has spent years trying to reshape Miami from a playground for the world’s wealthy into a high-finance and technology hub. That effort has largely centered on the city’s burgeoning Brickell financial district, where Griffin is constructing a headquarters …
Bank of England Sees Growing Risk That Dangers From AI and Debt Will Materialize
Insurance Journal | September 30, 2026
Bank of England Sees Growing Risk That Dangers From AI and Debt Will Materialize
The Bank of England on Wednesday warned of an increase in the risk that interconnected weaknesses in the financial system will crystallize, highlighting the re-escalation of the conflict in Iran and increased AI-related debt issuance. Rises in oil and gas …
Tooker to Succeed Swift as CEO of The Hartford
Insurance Journal | September 30, 2026
Tooker to Succeed Swift as CEO of The Hartford
The Hartford President A. Morris “Mo” Tooker is to succeed Christopher Swift as CEO in March 2027. Swift will transition to the role of executive chair of the board after nearly 13 years as CEO. Tooker will join the board, …