Breaking News
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China Financial Regulator to Raise Insurance Funds’ Limits for Stock Investment
China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken to increase support for capital…
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MNK Group Unveils New Unified Brand
MNK Group has launched a new unified brand, which integrates its broking, MGA, and risk-taking entities to ensure a consistent customer experience. The new group…
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These insurance businesses have been hit the hardest by the stock market crash
Life and specialty insurance follow Lastly, the life and specialty insurance segments fell 15.7% and 12.4%, respectively, in the first five days following the tariff…
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Inszone Names Strong, Cook Midwestern Leadership
Inszone Insurance Services, headquartered in Rancho Cordova, California, made a series of leadership promotions in its Midwestern region. Jared Strong is now vice president of…
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Trump’s tariffs pull down CEOs’ economic confidence — report
Nearly seven in 10 CEOs worried tariff policy changes will negatively impact them
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California Wildfires Had Little Impact on Reinsurers’ Risk Appetite During April Renewals
Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for US reinsurance buyers, despite the record losses from California’s January wildfires, according…
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Texas Oil Executives Are Frustrated at Trump for Crushing Crude Prices
The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about missed putts or lost balls. The Texas…
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DeSantis Vetoes Repeal of ‘Free Kill’ Medical Malpractice Bill
Florida Gov. Ron DeSantis has vetoed a bill that would have restored some family members’ right to file suit after a loved one dies from medical negligence. The Florida Legislature this year approved House… More
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Baltimore Loses Its Bid to Block CFPB Defunding But Another Challenge Is Pending
A federal judge in Baltimore on Friday rejected the city’s effort to temporarily block the Consumer Financial Protection…
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California Man Wins $50M in Lawsuit Over Burns From Starbucks Tea
A delivery driver has won $50 million in a lawsuit after being seriously burned when a Starbucks drink…
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Public Transit Agency Held Liable for Assault by Bus Driver With Anger History
The Boston area’s public transportation agency is not immune from liability for injuries caused by an assault on…
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Chairman of Gallagher Re International Vickers Announces Retirement
James Vickers, the chairman of Gallagher Re International, announced he is retiring on May 31, 2025, after 47…
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Abbott, Reckitt Face New Trial Over Premature Infant Formula
A Missouri judge has ordered Abbott Laboratories and Reckitt Benckiser unit Mead Johnson to face a new trial…
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Man Charged With Intoxication Manslaughter in Texas Crash That Killed 5 People
A man was charged Friday with intoxication manslaughter after five people were killed and several injured in a…
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Markel names Simon Wilson CEO of reorganized insurance division
In January 2020, he was named managing executive of global strategy, supporting underwriting operations across the company. Since…
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Texas Regulator Reports Recovering $58M in 2024 Restitutions
The Texas Department of Insurance’s Fraud Unit contributed to investigations landing nearly $58 million in court-ordered restitution last…
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Aon’s President Andersen Steps Down; CEO Case Assumes Additional Role of President
Insurance broker Aon plc announced that Eric Andersen has transitioned from his role as president to serve as…
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Florida Report on MGAs Fell Through the Cracks, Commissioners Say
A draft report examining Florida insurers’ relationships with their managing general agents fell through the cracks and was…