Alliant acquires 164-year-old New Hampshire broker Melcher & Prescott
The full-service New England independent joins Alliant's national platform as regional broker consolidation continues
Insurance News
Average business interruption claim now 70% larger than property damage: Allianz
The insurer's data shows BI claim severity rising more than 30% annually, with fire and supply chains driving losses
Dealmakers are moving faster and bigger, yet underperforming, WTW says
Nine mega deals closed in Q3 alone, yet acquirers trailed the market index across every major region except the UK
Dealmakers are moving faster and bigger, yet underperforming more, WTW says
Nine mega deals closed in Q3 alone, yet acquirers trailed the market index across almost every major region
ADB president calls for faster resilience financing for island states
Asian Development Bank (ADB) president Masato Kanda attended Pre-COP31 in Fiji and Tuvalu on 7 October, where he met Fiji Prime Minister Sitiveni Rabuka and Tuvalu Prime Minister Feleti Teo, and many
National Comp 2026: Ergonomic Training for Today’s Workforce
Sprains, strains, and tears consistently account for roughly one-third of all workplace injuries, according to the Bureau of Labor Statistics. For safety professionals, risk managers, and employers, t
Business interruption claims soar: Allianz report
Business interruption claims severity is rising sharply, with average claim values rising by more than 30% annually over the past two years, according to a report issued Thursday by Allianz Commercial
TikTok Accused by NY of Running Secret Safety Tests on Teens
New York Attorney General Letitia James has added new allegations to a child safety lawsuit against TikTok Inc., accusing the platform of running secret experiments on teen users.
Arizona courts breach puts state's cyber self-insurance fund to the test
A phishing attack exposed data on 1.3 million people. The cost now falls on a state program that self-insures cyber losses.
Average business interruption claim now 70% larger than property damage, Allianz finds
Allianz Commercial data shows BI claim severity rising more than 30% annually, with fire and supply chains driving losses
A quarter of supplemental benefit enrollees have unclaimed payouts
Nayya's analysis of 6.7 million claims finds a utilization gap with direct renewal implications
Florida Cybersecurity Firm Head Charged With Scamming Victimized Businesses
A Florida man who held himself out as a cyberattack solutions expert paid off the attackers while keeping much larger sums for himself—creating a piggy-back type of cyber fraud scheme, a grand jury sa
Asahi, Sapporo among brewers raided in antitrust probe
Japan’s antitrust watchdog has raided four major domestic brewers, including Asahi Group Holdings Ltd. and Sapporo Breweries Ltd., over allegations they breached the country’s antimonopoly rules, Yaho
Insurance moves: Selective, Ameritas, MassMutual, IronPeak and DUAL
They include a new chief investment officer and a new senior vice president
BI claims surge to an average €850,000
The average cost of a business interruption claim now exceeds €850,000, an increase of 30% annually over the past two years, while claim numbers remain stable, according to Allianz Commercial. It warn
Divided court revives temp worker’s injury suit against concrete company
A divided North Carolina appeals court on Wednesday revived a temporary worker’s injury lawsuit against a concrete manufacturer, finding the company had not established an employment relationship that
Will California’s New Smoke Claims Law Create a Recovery Bottleneck?
Where there’s smoke there’s fire, but is the reverse true? The presumption in California could be that it is. One fallout from the plague of wildfires that struck California in recent year
Michigan AG sues Blue Cross Blue Shield of Michigan over alleged health insurance monopoly
State says a "Blue Conspiracy" inflated premiums and squeezed providers; the insurer says it was blindsided
Michigan Attorney General Sues State’s Blue Cross Health Insurer
The Michigan attorney general is suing the state’s Blue Cross Blue Shield insurance plan for alleged anticompetitive conduct, opening a new front in a long-running legal fight over the structure
AI exclusions not gaining traction as policyholders kick back
Insurance policy exclusions targeting AI risks are struggling to gain traction as brokers and policyholders resist broad restrictions on a technology that is increasingly embedded in everyday business
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