Tech Update: Aventum Invests $12 Million to Create Proprietary Tech Function January 29, 2025 Aventum, the London-based international re/insurance group, is investing $12 million over two years to create an inhouse proprietary tech function...
MGM Resorts to Pay $45M to Settle Data Breach Lawsuit January 29, 2025 MGM Resorts International has agreed to a $45 million to resolve a class action lawsuit over its data breaches in...
Worker Struck and Killed by Airplane Tug at Charlotte Airport January 29, 2025 Police and federal safety crews are investigating after an airport vehicle struck and killed a 66-year-old worker at Charlotte Douglas...
Progressive Net Income More Than Doubles in 2024 January 29, 2025 Progressive Corp. said its fourth quarter 2024 income increased 19% to about $2.4 billion compared to the same period the...
Worker Killed When House Under Construction Collapses in Massachusetts January 29, 2025 A worker died Tuesday after a house under construction in Massachusetts collapsed. According to local police, Mario Diaz Obando, 29,...
Alabama DOI Gives Deputy Commissioners New Responsibilities in Efficiency Move January 29, 2025 Two deputy commissioners at the Alabama Department of Insurance will take on new roles in an effort to improve efficiency...
Fire Destroys Air Busan Plane in South Korea, All 176 Evacuated January 29, 2025 By Heejin Kim and Soo-hyang Choi A fire broke out on a plane operated by Air Busan Co. at a local airport in South Korea late...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024 January 29, 2025 By Chad Hemenway Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth quarter...
Climate Change Will Lead to Higher Deaths in Europe, Study Shows January 29, 2025 By Olivia Rudgard As Europe gets hotter, more people are expected to die from extreme heat, outweighing the reduction in those killed by...
People Moves: Ignite Specialty Names Patel US Head of IP Underwriting; QBE North America Hires Finnis as SVP of Distribution January 29, 2025 Ignite Specialty Risk Names Patel as US Head of Intellectual Property Underwriting Ignite Specialty Risk, headquartered in London, appointed Ankit...