Daily news and analysis on insurance industry trends, regulations, and market insights
US Secretary of State Marco Rubio said on Tuesday that Russia should share more information about the death of a plague laboratory worker who died last week, an incident which he said Washington was w
Europe’s recent heatwaves may be fading from the headlines, but the risk environment they reveal is not. Consequently, says BELFOR’s Martin Schachtschneider, risk managers face a future in which yeste
Climate risk, cyber threats and rising insurance costs are pushing four major markets into closer cooperation
McDonald’s has been sued in federal court in Chicago in a proposed nationwide class action alleging the fast-food company illegally coordinates menu prices across its franchises and company-owne
Insurance agency network SIAA reports it has acquired Canopy Specialty Insurance, a specialty commercial property/casualty managing general agent (MGA) with operations in the U.S. and U.K. The additio
Eighteen fast-growing industries, from A.I. software and cybersecurity to electric vehicles, space and obesity drugs, are poised to reshape the risks that insurers underwrite and could become a source
Ferma is concerned that the chance to simplify EU cyber reporting may be missed after the Digital Omnibus package was split in two because member states raised concerns over whether a centralised repo
AI is embedded in operations but absent from policy wordings, Cotelle warns
PhiloSmith & Co., headquartered in Stamford, Connecticut, promoted Andrew Yazmer to partner and managing director. Yazmer joined PhiloSmith in 2019 after working as an actuary at John Hancock and
Ascot Group named two former Everest Insurance executives to senior leadership roles. Kevin Dunham was named senior vice president, national broker relationship manager, and Joseph Wells was named sen
Markel Insurance has increased its London fine art & specie capacity through Lloyd’s from $100m to $250m. Markel said the increased capacity gives Lloyd’s brokers access to higher limits through a sin
Insurers, including Liberty Mutual, are fighting claims involving an estimated $1 billion in limits after writing policies on what the Internal Revenue Service has called one of the “worst of the wors
Corporate and specialty insurer HDI Global has expanded its German medical malpractice business to worldwide healthcare. Announcing the launch of Global Healthcare Solutions, HDI Global said the unit
ABI data shows detected cases dipped in 2025 but the value of each fraud rose, as one Nottinghamshire man's "stolen" Lego turned up on his own shelves
U.S. Senators Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims tha
Utilization growth is outrunning PBM discounts, and 2027 renewals are exposing the gap
A jury faulted both sides. Only one walked away with nothing
The phrase “sudden and accidental” in pollution insurance is similar to “overnight success” in the arts, sports or business. Both terms have been accepted in the vernacular, but neither is quite accur
A tropical system developing in the Bay of Campeche may reach the US Gulf Coast this weekend, threatening heavy rain while potentially skirting major oil and gas hubs. The swirl of showers and winds h
Arch Insurance Australia (Arch) has announced the appointment of Andrew Whitlock as head of casualty. The insurer said that Whitlock is responsible for the overall leadership of the team, underwriting
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