Risk Management

SAN FRANCISCO – October 29, 2026 -- Corgi Insurance has secured a three-year deal to insure the United Premier Soccer League (UPSL), covering more than 900 Member Clubs and approximately 37,000 registered players, coaches and officials nationwide.

Golden by Corgi becomes UPSL's official insurance and protection partner from September 30, 2026

Corgi, an AI-native insurance carrier and financial infrastructure company, is delivering the coverage through its Golden program. Coverage applies across all UPSL-sanctioned competitions, including the league's men's, women's and youth divisions.

Golden issues, administers and services coverage for national governing bodies, leagues, teams and events under one roof. Corgi says this integrated model simplifies how organizations obtain coverage, manage risk and handle claims.

Iowa City – October 29, 2026 -- Sixty-three percent of industrial professionals surveyed say fewer than 5% of frontline workers file a hazard, near-miss or safety report each month, or that their site doesn't track the figure, according to the Frontline Risk Study 2026 from Teamforce AI.

Participation is low and static at 38% of sites

Thirty-eight percent of respondents report under 5% monthly participation, and another 25% don't track it. Of the 23 respondents in the under-5% group, 19 say the rate hasn't moved in a year.

Digital reporting tools lift participation at only some sites

Among sites that track reporting, 15 of 30 with EHS software or an app exceed 15% participation. No site without such tools reached that level. Still, 20 of the 39 sites with these tools are under 5% or don't track the rate.

Richmond, Va. – October 29, 2026 -- Markel Insurance has agreed to retrocede $2.3 billion of run-off reserves to Enstar under an adverse development cover (ADC) reinsurance agreement. The deal also gives Markel $1.2 billion of protection against reserve deterioration. Markel Insurance is the insurance arm of Markel Group Inc. (NYSE: MKL).

Markel retains the first $2.6 billion of $4.8 billion in subject reserves

The agreement covers subject reserves of $4.8 billion. Markel keeps the first $2.6 billion and passes the next $2.3 billion to Enstar. Markel will pay Enstar a risk premium of $120 million for the adverse loss development cover, which sits above the $4.8 billion of subject reserves.

Washington – October 29, 2026 -- Fannie Mae has launched a new non-performing loan sale covering 1,217 deeply delinquent mortgages with a combined unpaid principal balance of $259.9 million, alongside its twenty-ninth Community Impact Pool (CIP) targeting the Dallas-Ft. Worth market.

Larger pool carries $259.9 million in unpaid balances across 1,217 loans

Fannie Mae (OTCQB: FNMA) is marketing the larger pool in collaboration with BofA Securities, Inc., with bids due October 29, 2026. Qualified bidders can also submit offers for the smaller CIP tranche, which comprises approximately 27 loans totaling $5.7 million in UPB, by October 29, 2026.

Dallas-Ft. Worth loans anchor the 29th Community Impact Pool

The CIP structure directs smaller, geographically concentrated loan pools toward specific markets -- in this case Dallas-Ft. Worth -- to support targeted local loss mitigation and neighborhood stabilization efforts.

ATLANTA – October 29, 2026 -- Riskonnect, a risk management software provider with more than 2,700 customers across six continents, has named the winners of its 2026 Konnect Awards, honoring customers across multiple industries for how they manage risk.

Awards span four categories tied to Riskonnect's core values

Winners were recognized in four categories: Pioneer, Focus, Spark and Community. Pioneer covers customers that explore new ways to deliver value. Focus covers those pursuing continuous improvement. Spark covers those that energize and inspire others. Community covers those that collaborate and share their talents. Riskonnect also honored additional organizations as new members of its customer community.

The honorees include both longtime partners and organizations new to the vendor.

Middle East – October 29, 2026 -- GPS jamming affected 124,235 vessels worldwide in the third quarter of 2026, according to Windward's Q3 Maritime Risk Report. The AIS records marine insurers have long used to settle pay-or-reject decisions are no longer a reliable basis for loss investigation in the highest-risk regions.

Jamming runs at 5,131 incidents a day and has produced 3.35 million false meetings

Jamming averaged 5,131 incidents per day across the quarter, broadly unchanged from Q2. Since Operation Epic Fury began in February 2026, Windward has recorded more than 3.35 million false ship-to-ship meetings, in which injected coordinates made vessels appear to rendezvous when no meeting took place.

Global – October 27, 2026 -- Cold chain operators should tier monitoring by shipment risk, using QR indicators, electronic data loggers and connected devices at different levels instead of one technology on every lane, according to a guide on cold chain monitoring systems.

Indicators flag exceptions with the simplest workflow

WarmMark QR monitors cumulative exposure above a specified temperature, while FreezeSafe QR identifies exposure below a specified temperature. QR-enabled documentation captures information at selected hand-offs without requiring every user to download and interpret a complete data file.

Products vulnerable in both directions need both limits covered. ColdChain Complete is aimed at shipments where upper and lower thresholds must be monitored together.

Global – October 27, 2026 -- Coalition's newly appointed Chief Information Security Officer, a 25-year InfoSec veteran, argues that security teams run on a finite supply of organizational trust, and that high-friction controls drain it and push staff toward less-protected workarounds.

Coalition's CISO treats organizational trust as a limited token budget

The executive spent five years at Coalition before taking the CISO role. The CISO describes trust as a basket of tokens: every control costs tokens, and some cost more than others. Friction belongs only where risk warrants it, while teams should look for changes that raise protection and lower cost at once. Hoarding tokens benefits attackers, the CISO writes, because a control adequate two years ago may fall short today. Coalition holds vendors and itself to the same standard.

EU – October 27, 2026 -- The European Securities and Markets Authority (ESMA) has defined the conditions that providers and users of post-trade risk reduction (PTRR) services must meet for certain OTC derivative transactions to be exempt from the clearing obligation under EMIR 3.

ESMA's final report sets requirements for PTRR providers and the exemption

The final report specifies the elements and requirements of PTRR services. It covers the information provided to participants, how exercises are carried out, the controls providers must have in place, record-keeping, and how use of the exemption will be monitored.

ESMA says the rules are meant to facilitate use of PTRR services. They also aim to prevent the exemption from being used to circumvent the clearing obligation, keeping its use within the conditions laid down in EMIR 3.

Miami – October 22, 2026 -- Miami International Holdings (NYSE: MIAX) has launched four physically-settled fertilizer futures contracts on MIAX Futures, giving the agricultural supply chain an exchange-traded tool to manage price risk in imported crop nutrients.

MIAX Futures lists four NOLA-based fertilizer contracts

The contracts cover NOLA Urea (ticker: MGU), NOLA Mono-ammonium Phosphate (MAP), NOLA Di-ammonium Phosphate (DAP) and NOLA Potassium Chloride (MOP). All four trade on the MIAX Futures Onyx electronic trading platform and are cleared through MIAX Futures Clearing.