Alleged DNA theft from a water bottle: punitive damages reversed
A deposition, a water bottle, and a DNA sample no one was supposed to take
Latest News
Europe’s Insurers Cut Coverage of Weather Losses, Report Says
Insurers are withdrawing coverage for climate-driven risks and increasingly passing on losses to governments and homeowners, according to a report published by UK-based nonprofit Inside Track. The war
The Hartford combines data, AI and technology operations
The Hartford said Wednesday it will combine its data and artificial intelligence operations with its technology division, led by Chief Information Officer Shekar Pannala, as part of a leadership reorg
Insurers pressed to “manage down the numbers” on climate risk, senior insiders claim
Anonymous market veterans say insurers are quietly preparing to reprice, restrict and retreat, and that uninsured property could be the next sub-prime
ACA subsidies halted for 189,000 enrollees in duplicate coverage
Administration says this will save $738 million in payments
Keeping the Consumer Duty focused on outcomes
It’s about outcomes, not just compliance
Aviva: Flood resilience in new builds could save £60 million
A £1,000 package pays back in just over three years, and post-2009 homes sit outside Flood Re
Most workers expect cancer to cost them under $2,000. Plan out-of-pocket limits suggest otherwise
Aflac’s 2026 WorkForces Report finds a widening gap between what workers expect after a cancer diagnosis and what it actually costs
The A&E claims market has entered a new normal and brokers need to adjust
Five-figure settlements are increasingly giving way to millions in claims. The factors driving that shift are systemic, and they are not resolving soon
Kroger Plans to Slash 37% of Corporate Jobs in Next Three Years
Kroger Co. plans to cut more than one-third of its corporate headcount as the grocer seeks to simplify operations and compete more effectively under new Chief Executive Officer Greg Foran. The Cincinn
Novacore agrees to buy Diesel Insurance Solutions to add cross-border trucking cover
The New Mountain-backed platform adds a California MGU led by Cover Whale co-founder Jason Wexler, with terms undisclosed
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
Verisk puts Hurricane Isaias insured losses at $1 billion to $2 billion
The modeler's range comes in below Cotality's earlier estimate, with wind driving almost all of the losses in the Florida Panhandle
Future of insurance will be shaped as much by prevention as transfer: AXA
Guillaume Borie, AXA global head of finance, strategy, underwriting, risk and technology, says that the insurance sector needs to up its game and help customers anticipate risks, reduce their exposure
Isaias remnants bring gales to Scotland as UK home insurers head for a loss-making year
Huge subsidence claims and forecasts of a 102% to 103% combined ratio put the market under strain before autumn rain
Hormuz sinking hands marine war underwriters another total loss as attacks surge
Iran has said it is "counting the moments" until it can sink American warships as a second ship is reported a total loss earlier today
Mounting AI risks put banks under regulatory scrutiny
Banking regulators are urging financial institutions to curb mounting artificial intelligence risks amid fears that AI could severely disrupt financial markets, Euronext reported, citing Reuters. The
Shipping, insurance costs hit record share of commodity value
Shipping and insurance costs have surged to a record high of more than one-third of commodity value, according to ministers from the Organization of the Petroleum Exporting Countries and participating
Porch to Acquire Allied Trust in $200M Deal
Porch Insurance Group announced it has entered into a definitive agreement to acquire Allied Trust’s insurance carrier and managing general agency. The acquisition is expected to add approximate
IMF, World Bank Launch ‘Bangkok Blueprint’ to Fight Cyber Fraud
The International Monetary Fund and World Bank on Oct. 14 released a framework for tackling cyber-enabled fraud, as the Thai government underlined the mounting cost of online scams that have roiled th
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