Breaking News
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Women Charged With Insurance Fraud After SUV Found in Mississippi River
On March 21, authorities in Vicksburg, Mississippi, received a 911 call about a stolen vehicle. Moments later, they had another call, about a partly submerged…
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Texas Attempt to Kickstart New Gas-Fired Power Is Stumbling
A Texas experiment to fund new natural gas-burning power plants with $5 billion in public loans is faltering as several of the proposed facilities drop…
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Collectors Feel Relief as Classic Cars Evade Trump’s Auto Tariffs
President Donald Trump’s sweeping tariff plan has rocked global markets. But one turgid addendum issued by US Customs and Border Protection just after his April…
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Boeing Settles Lawsuits With Two 737 MAX Crash Victims’ Families
U.S. planemaker Boeing Co reached settlements with the families of two people who died in the March 2019 crash of an Ethiopian Airlines Boeing 737…
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Buffett Says Comments Attributed to Him on X, TikTok ‘All False’
Berkshire Hathaway Inc. said Friday that all reports circulating on social media sites including X, TikTok and Facebook “regarding comments allegedly made” by Warren Buffett…
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Apple Appealing Against UK ‘Back Door’ Order, Tribunal Confirms
Apple is appealing against a British government order to create a “back door” to its encrypted cloud storage systems, the Investigatory Powers Tribunal (IPT) confirmed…
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How Expert Insured Empowers Wholesalers and MGAs
This post is part of a series sponsored by Expert Insured. Returning from WSIA in Phoenix, one message was clear: wholesalers and MGAs are more…
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AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb+”(Good)… More
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Generali reports record financial performance
Generali’s adjusted net result rose to €3.77 billion, up from €3.58 billion the previous year, reflecting contributions from…
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Trump Nominates Sean Plankey to Head Cyber Agency CISA
President Donald Trump has nominated Sean Plankey to serve as the chief of the Cybersecurity and Infrastructure Security…
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Chubb consolidates two divisions in North America
Meanwhile, Ranucci has 17 years of experience in insurance and previously served as head of North America lower…
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New DOJ Antitrust Chief Builds Team From Prior Administrations
Gail Slater, the new head of antitrust enforcement at the US Justice Department, plans to hire veterans of…
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Allianz renews commitment to Olympics and Paralympics until 2032
The partnership also places Allianz in key markets, with France and Australia collectively contributing more than 10% of…
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Chubb Combines Lower Middle Market and Digital Small Business Units
Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining…
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AssuredPartners asks court for restraining order against EPIC insurance
After Rick Frechmann, Joleen Mayfield, and Brad Snitzer left its employment, AssuredPartners (AP) filed a lawsuit in December…
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Generali Posts Record Profit Ahead of Shareholder Vote on CEO Reappointment
Italy’s biggest insurer Generali met forecasts on Thursday with a record 2024 profit, ahead of a key shareholder…
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Judge blocks long-term care insurance rate increase from Pennsylvania insurer
“This ruling upholds North Dakota’s right to protect and preserve its laws, regardless of who is violating them,”…
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MS Amlin, MSIG UK Launch Dual-Stamp Capacity for London Market
MS Amlin, the Lloyd’s re/Insurer, and its sister company, Mitsui Sumitomo Insurance Co. (Europe) (MSIG UK), announced the…