Breaking News
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Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers
Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked…
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How the reinsurance market shapes P&C insurance rates for real estate investors
However, reinsurance can also be a driving force behind premium increases and market restrictions. When reinsurers experience heavy losses from natural disasters, economic downturns, or…
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UK Urged to Give Companies Incentives to Hire the Long-Term Sick
The UK government needs to consider more perks for businesses and employees if it’s serious about getting the long-term sick back into the country’s workforce,…
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North American insurance industries brace for tariff shock
“The new tariffs announced this week, which will impact imported vehicles and auto parts, are expected to inflate the cost of new cars, repairs and…
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Insurance hires: Gallagher, Preferred Employers Insurance
Preferred Employers Insurance sales and distribution manager Meanwhile, Preferred Employers Insurance, a Berkley company, has named Steve Feemster (pictured above, right) as its new sales…
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M&A deals outperform, breaking seven-quarter losing streak – WTW
Improved returns despite deal count and mega-deal slowdown
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China Calls for Smart Driving Vigilance After Fatal Crash of Xiaomi Corp. EV
Chinese authorities warned drivers to stay vigilant and reduce the use of advanced driver-assistance technology during the Qing Ming Festival holiday, after three people died…
Top Stories
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Searing Heat in California and West Threatens to Break Temperature Records
A short-lived heat wave will send temperatures soaring across California and the U.S. West through the weekend, elevating power demand and raising the risk of health impacts. At least 26 daily records may be… More
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Recent Articles
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Next Round of Inspections in LA Fire Expected Next Week, Edison CEO Says
Southern California Edison will begin its first close-up physical inspections of certain power equipment under investigation for possible…
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Rescue Plan for Bankrupt New Jersey Hospitals Under Threat
A plan to rescue three troubled New Jersey hospitals from bankruptcy is being challenged by their former owners,…
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Medical Chopper Reported Flight Control Problem Before Fatal Crash in Mississippi
CANTON, Miss. (AP) — A medical helicopter that crashed in a wooded area in Mississippi reported “a flight…
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USG Insurance Services Adds Reinhold to Tampa Office
Reinhold USG Insurance Services, a national wholesaler and managing general agent, has hired Joshua Reinhold as associate producer…
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Cyber insurance becoming a key safeguard for SMEs: Report
As cyber threats escalate, cyber insurance is emerging as a critical safeguard for businesses, particularly small and midsize…
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Global Instability Leads to 16-Year Low for Insurance Carrier M&A Deals
Two new reports highlight the stagnant mergers and acquisitions in the insurance industry in 2024. In fact, global…
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Global insurance M&A declines, but US market eyes a rebound – Clyde & Co
Lower cost of capital and foreign interest may drive dealmaking forward
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Catastrophe Claims in Q4 Double on Late Hurricane Activity
A significant rise in claims from hurricanes rather than winter storms was to blame for a 36% increase…
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Quarterly annuity sales exceed $100 billion in all four quarters – LIMRA
In the fourth quarter, US annuity sales totaled $100.6 billion, a 13% decline from the record-setting fourth quarter…
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QBE North America unveils media liability endorsement product
The endorsement offers affirmative coverage in cases where consumer protection laws are used to challenge First Amendment protections.…