Daily news and analysis on insurance industry trends, regulations, and market insights
Leak data posted to the internet has exposed payments made to a hacking group known for extorting large sums of money from law firms, blockchain investigations firm Chainalysis said Oct. 7. The findin
Allianz Commercial data shows BI claim severity rising more than 30% annually, with fire and supply chains driving losses
Alliant Insurance Services said Thursday it has acquired Melcher & Prescott, a Laconia, New Hampshire-based agency and brokerage. Founded in 1862, Melcher & Prescott, which has 24 employees, o
Conning analyst suggests the simplest small commercial accounts could be vulnerable, although business owners are proving surprisingly reluctant to give up human advice
There are significant risks that these clients must be aware of
The 25-year program design veteran brings brokerage and underwriting experience to the Midwest
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. The new claims are a
MGA DUAL has launched into the Benelux property insurance space, offering mid-market and high hazard solutions for commercial and industrial risks in the Dutch market. The company said the move follow
Private credit borrowers that loaded up on debt when interest rates were low could face refinancing pressure as they approach maturity, according to investors speaking at a forum in Singapore on Thurs
CMT chief Bill Powers says drivers happily share their location with food apps but push back when an insurer wants to score them
Winter & Co, which mainly acts for P&I clubs, will merge with May's Mays Brown buy
Declining ship demolition rates have pushed the average age of merchant ships on their final voyages to 22 years, increasing pressure on underwriters, according to Ilias P. Tsakiris, chairman of the I
New York City is suing a Manhattan law firm for allegedly running a multimillion dollar personal injury fraud scheme by filing as many as 15 injury claims against the city on behalf of people allegedl
The projected combined ratio for California workers’ compensation insurers reached 127% in 2025, the highest in more than 20 years, a new report shows. The Workers’ Compensation Insurance
Conning analyst suggests the simplest small commercial accounts could be vulnerable, although business owners are proving surprisingly reluctant to give up human advice
Cambridge Mobile Telematics chief Bill Powers says people will let a stranger deliver their takeaway but object to being rated by an insurer
South Korea’s shipbuilding industry faces mounting headwinds as wage and collective bargaining talks continue, with HD Hyundai Heavy Industries Company Ltd. and Hanwha Ocean Company Ltd. struggling to
The Bain Capital-owned consolidator has a new chair, two new divisional chiefs and now a new chief executive within a year of changing hands
Sandrock, a former chair of the Big "I" crop insurance task force, succeeds Angela Ripley for 2026-2027
The suspect behind recent cyberattacks at South Korean banks was likely a China-based 26-year-old who used a Chinese-developed AI agent and Anthropic’s Claude Code, US cybersecurity company Crow
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