Daily news and analysis on insurance industry trends, regulations, and market insights
A federal judge rejected an argument by units of Chubb and W. R. Berkley that an electronic document didn’t count as an “original” in requiring the insurers to cover Silicon Valley Bank’s losses on a
The accommodation was approved. What happened next is now a federal case
Metal mixtures found in the leftover smoke, ash and debris from the deadly 2023 Maui wildfires were harmful to the lung health of people living nearby long after the burning ended, a new study says. T
Federal filings grew 5% annually from 2014 to 2024 while the broader civil docket shrank
South Korea-based Simon Global Insurance Services Group has secured in-principle approval from the Monetary Authority of Singapore to register SG Re as a general reinsurance broker, Reinsurance News r
Toyota Motor Corp. and Hyundai Motor Co. are pulling closer to Detroit’s marquee automakers in the U.S. auto market, boosted by demand for gas-electric hybrids and affordable vehicles as average
Heavy reliance on a handful of suppliers for chips, magnets and metals has left Europe’s automotive industry critically exposed, particularly as the shift to electric vehicles increases competition wi
Everest Group Ltd., the Bermuda-based specialty re/insurer, announced the completion of the previously announced sale of its Canadian retail Insurance operations, to Wawanesa Mutual Insurance Co. In c
Cease and desist notices have doubled since 2025, with no binding duty yet on platforms to verify financial services advertisers
ANZ Group Holdings Ltd. will part ways with KPMG Australia as its longtime external auditor, adding pressure on the accounting giant that has been grappling with the fallout from allegations it improp
Taiwan Semiconductor Manufacturing Co. is weighing a new campus in Texas that would add tens of billions of dollars in new investment to the company’s multiyear expansion into chipmaking in the
Zurich's Kristof Terryn will lead the combined specialty business as the group claims the title of world's largest specialty insurer
A Louisiana appeals court on Wednesday upheld the denial of workers compensation benefits to a health system employee who failed to disclose prior workplace accidents and a recommendation for neck sur
Advanced artificial intelligence tools may have been used in a cyberattack on South Korea’s Shinhan Bank Co. that exposed information on about 25,000 customers, Yonhap News reported, highlightin
California Attorney General Rob Bonta has issued an investigative subpoena to OpenAI, as part of a broader inquiry into cybersecurity incidents and risks related to its AI models, his office said on T
Losses are increasingly hitting lower-risk areas where insurance take-up can be weakest, says Davies leader
U.K.-based Willis Towers Watson plc has received regulatory approval to take full ownership of Dubai-domiciled Al-Futtaim Willis Company LLC, its longstanding joint venture in the emirate, Reinsurance
The Trump Administration is pushing for a 90-day ban on diesel exports intended to rapidly lower climbing fuel prices for consumers, a proposal that, if enacted, will hurt the constellation of Texas r
As MGA platforms grow and insurance conditions soften, brokers are helping distributors secure larger blocks of annual capacity rather than placing programs one transaction at a time
Syndicate 1458, managed by RenaissanceRe, has been named as the best-performing Lloyd’s syndicate by market intelligence firm Insurance DataLab. Aegis-managed Syndicate 1225 finishes in second place,
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