Daily news and analysis on insurance industry trends, regulations, and market insights
Australia and New Zealand Banking Group Ltd. has lost its bid to have 26 insurers and Lloyd’s syndicates cover two class action settlements worth 117 million Australian dollars ($80 million), Insuranc
How long did lenders hold the money?
Travelers Insurance reported continued solid underwriting and historic investment income for the third quarter along with higher catastrophe losses. “It was another in a run of successful quarte
A new credit insurance syndicate established by global credit insurance provider Credeq has received in-principle approval from Lloyd’s. Credeq Syndicate 1998 is expected to commence underwriting from
Parts of six counties enter severe drought after the driest April to September in over a century
Anthropic should delay its US IPO until it addresses concerns about safety, governance and the pace of development, urged New York City Comptroller Mark Levine in a letter to the AI lab’s CEO Da
A cocktail of risks is threatening to stall the US IPO pipeline, leaving Anthropic PBC’s potential blockbuster debut as one of the few offerings that investors can count on. Several deals have a
Sixfold tool shows underwriters which brokers send submissions that match their risk appetite
The agents behind the problems can still register. These 19,000 cannot
The broker, rather than the insurers whose names were on the policies, is reported to be paying most of a deal that ended the A$2.8bn Federal Court fight
Sapiens and Sixfold executives at ITC Vegas expect a funding squeeze and fallout among AI vendors
The electric vehicle performed a series of aerial stunts for a crowd of onlookers.
The difference between "Company" and "Co." allegedly hid a live six-figure policy
A broad-based AI exclusion in insurance policies could create “real confusion and uncertainty,” Marsh CEO John Doyle said, calling for a more nuanced approach to assessing risks as the tec
Lemonade is offering renters insurance in Hawaii. The company’s renters policies are available through its app, where customers can get quotes, purchase and update policies and file claims. Lemo
LexisNexis research points to data gaps at first notice of loss, and little patience for slower repairs
Almost all 11 commercial banks operating in Albania closed their branch in several cities on Thursday as violent anti-government protests targeting public institutions and private businesses spread be
The tiny shampoo is complimentary. The alleged hotel price inflation? That could be costing you more. A lawsuit accuses Expedia Group of keeping hotel rates artificially high, even for travelers who n
French supermarkets face tens of millions of euros in losses that cyber insurance may not cover after a cyberattack on internet-connected fridges and freezers forced them to discard food, Reuters repo
Marsh has increased its annual cost savings target under its Thrive restructuring program by 50% to $600m, as the brokerage reported higher third-quarter revenue and profit despite a 6% decline in rei
Get the latest updates on Facebook and Telegram
Scan with your phone
Scan with your phone