PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion October 31, 2025 Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The...
Aon’s Q3 Organic Growth of 7% Outperforms Expectations October 31, 2025 By L.S. Howard Insurance broker Aon reported strong third quarter revenue of $4.0 billion, an increase of 7% from $3.7 billion reported for...
Deal for Nuclear Reactors Raises Safety Concerns October 31, 2025 By Tim McLaughlin and Timothy Gardner A huge nuclear deal announced by the Trump administration earlier this week provides a multi-billion-dollar incentive for the U.S. government...
Don’t Forget the Front Line: Why Insurers Need to Research the Agent Experience October 31, 2025 By Breanne Armstrong In the rush to improve customer experience, many insurers have overlooked a critical group of stakeholders: the independent brokers and...
People Moves: Tiesi Joins Canopius as US Head of Financial Lines October 31, 2025 Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio...
Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets October 31, 2025 By Patrick Howell O'Neill and Katrina Manson A former director at a US military contractor that sells computer vulnerabilities pleaded guilty on Wednesday to stealing and reselling...
Universal Music Settles Lawsuit With AI Startup Udio October 31, 2025 By Molly Schuetz Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate...
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk October 31, 2025 By Chad Hemenway After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth. Asked whether carriers...
The Hanover Reports 75% Growth in Q3 Net Income October 30, 2025 Third quarter net income for The Hanover Insurance Group grew to $178.7 million compared to $102.1 million during the same...
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group October 30, 2025 By L.S. Howard Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm...