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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AM Best Upgrades Credit Ratings of Members of Midwest Insurance Group
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest Insurance Company (Springfield, Illinois),… More
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Recent Articles
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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)…
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Aviation insurance’s soft landing may be cut short by tariffs
The biggest concern for underwriters like Howard isn’t just tariffs alone, it’s how they amplify existing inflationary pressures…
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New York Times Agrees to License Content to Amazon for AI Use
The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for…
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New York bill aims to streamline provider authorizations in workers’ comp
A new bill introduced in the New York State Senate proposes to streamline oversight of podiatrists, chiropractors, and…