Jon Hancock to retire as AIG General Insurance CEO
P&C leadership change comes amid broader transition under Eric Andersen
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Growing number of insurers targeting growth and new risks, finds Willis survey
Insurers are targeting further growth, global expansion, new lines of business and higher capacity as they seek to deploy “large reserves” of capital built up during the hard market, according to a su
New Jersey bill targets AI-powered insurance claim denials
The algorithm can help, but a human would have to pull the trigger on denials
Jon Hancock to retire as AIG General Insurance CEO
P&C leadership change comes amid wider transition under Eric Andersen
Buffett Steps Down as Berkshire Chair, Ending Six-Decade Run
Berkshire Hathaway Inc. founder Warren Buffett is stepping down as the company’s chairman to be replaced by his son Howard, effectively ending roughly six decades at the helm of the conglomerate
NYC Reports Second Death in Legionnaires’ Disease Outbreak in South Bronx
New York officials reported last night that a second person has died of Legionnaires’ disease due to an outbreak in South Bronx. The New York City Health Department is continuing its investigati
AI Fuels 440% Surge in Hackers Using Blockchains in Attacks
Open-source artificial intelligence is making it easier for hackers to hide malicious code on blockchains, opening a new front in a crypto industry already grappling with rising cybercrime. Instances
Revolut Says No Group Has Made Direct Contact After Data Breach
Revolut Ltd. said no individual or group has made direct contact or demand almost a week after the fintech reported a scam involving an unauthorized third party that exposed sensitive information of s
Starbucks settles Florida lawsuit claiming diversity policies were illegal
Starbucks agreed on Thursday to settle a discrimination lawsuit by the state of Florida, pledging not to adopt race- or sex-based quotas or preferences in hiring, promotion and pay decisions.
Equal Parts Acquires Texas’ ProSource
Equal Parts has acquired ProSource Insurance Agency, a Plano, Texas-based brokerage specializing in transportation insurance. Completed during the first quarter of 2026, the acquisition strengthens Eq
Swiss Re: 100 Years After Miami Hurricane, Similar Storm Would Top $200B in Losses
The Atlantic has been pretty quiet so far this season, but one system east of Bermuda could soon develop into a tropical storm, the National Hurricane Center said Thursday. If the storm were to develo
Senate committee clears TRIA extension as insurers flag market uncertainty
House-Senate differences still need to be resolved before enactment
As Dive In bows out, AI reshapes insurance's talent challenge
After 12 years of Dive In, Aon and WTW inclusion leaders say AI is creating fresh questions around recruitment, bias and talent development
Hailstorm causes more than $1B in insured losses
The severe hailstorm that struck the Swiss Plateau on Aug. 28 caused nearly 1 billion Swiss francs ($1.2 billion) in privately insured losses, excluding property damage covered by cantonal building in
Cadillac F1 owners face insurance-linked class action
LA Dodgers owner has just sold Chelsea Football team stake, now he faces a multimillion dollar suit
Buyout firms are chopping up their debt to win over cautious insurance money
Cash-strapped private equity funds are borrowing a trick from structured finance to make their debt appealing to risk-averse insurers
UK Insurers Urge Bank of England to Rethink ‘Dynamic’ Stress Test
Britain’s insurance industry is urging the Bank of England’s regulatory arm to rethink its live crisis simulation, citing heavy reporting demands and unrealistic scenarios in a stress test
Cyber rates keep falling – but how much lower can they go?
US cyber pricing is still declining, but rising loss ratios and harder-won reductions suggest the soft market may be nearing its floor
Risk presentation — not price haggling — drives renewal outcomes, Everywhen says
Chris Brady says clients have seen premium cuts of 20-50% once risk management improves, but calls that a by-product, not the point
Morgan & Morgan Plans to Spend $1B on AI Platform in Coming Years
Morgan & Morgan, which has called itself the largest U.S. injury law firm with offices in all states, plans to spend $1 billion on artificial intelligence and other legal technology over the next
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