Breaking News
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McGill and Partners, AXA XL launch digital partnership to streamline risk placement
Meanwhile, AXA XL’s efforts align with broader initiatives by parent company AXA to develop a digital commercial platform. This platform aggregates services leveraging real-time data…
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Markel finalizes acquisition of marine specialist MECO Group
MECO’s underwriting services cover a range of marine risks, including charterers P&I, freight, defense and demurrage, trade disruption, loss of hire, strikes delay, small vessel…
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Police Say Driver Had 2X Legal Blood Alcohol Level in Deadly Yellowstone Crash
The driver of a pickup that crashed into a tour van near Yellowstone National Park this month, killing seven people, had a blood alcohol level…
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Rate Moderation Continues During June’s Property-Cat Renewals: Howden Re
Property-catastrophe reinsurance pricing saw continued moderation at the June 1 renewals with a selective return of capacity following historic pricing strength, according to Howden Re,…
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Skechers Shareholder Sues Footwear Maker for Details on $9.4B 3G Buyout
A Skechers USA shareholder has sued the footwear maker for more details about its $9.4 billion buyout by private equity firm 3G Capital, saying the…
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New England Patriots to Pay $2.1 Million to Settle App Users’ Privacy Claims
A federal district court judge in Boston has granted preliminary approval to a $2.16 million settlement between the New England Patriots organization and a class…
Top Stories
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Mattel Settles Baby Sleeper Death Suits Before Start of a Trial
Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants. The agreement, disclosed in a… More
Hot Issues
Recent Articles
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Top insurers struggle to control costs in Medicare cases – Verisk
Between 2018 and 2024, the average total payment obligation to the claimant (TPOC) increased by 52%, while the…
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Iranian Pleads Guilty in US to 2019 Baltimore Ransomware Attack
An Iranian national pleaded guilty to participating in the high-profile 2019 Baltimore, Maryland, ransomware attack, among others, and…
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Resilience proposals for incentivising homeowners to reduce property risks?
“We looked at 14 pools, different pools around the world, [and] most of these pools do not bring…
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Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’
Victoria’s Secret has taken down its U.S. website and says some in-store services will be unavailable as it…
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Falvey Insurance Group general counsel steps down after 26 years
During his tenure, Falvey established and led the company’s legal department, overseeing matters related to underwriting, loss prevention,…
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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…
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Driving change: How America’s auto insurance giants are rerouting for the future
Insurance Business’ latest Competitor Analysis – Private Passenger Auto Insurance offers a rare and behind-the-headlines view of how…
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Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
Cotality said it has identified more than 33.1 million residential properties from Texas to Maine with a combined…
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California appeals court rules against hospital billing Progressive directly from UM policy
The dispute arose after a patient, M.G., who was covered by Medi-Cal, received emergency and ongoing treatment from…
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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)…