Meta Investors, Zuckerberg Reach Settlement to End $8B Privacy Litigation Trial July 17, 2025 By Tom Hals Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8...
PE Firm Warburg Pincus Acquires Majority Stake in Keystone Agency Partners July 17, 2025 Insurance broker and agency network Keystone Agency Partners (Keystone), announced that the private equity firm Warburg Pincus will acquire a...
Progressive Q2 Income More Than Doubles July 16, 2025 Second quarter net income at Progressive Corp. increased 118% compared to the same period a year ago to about $3.2...
The Hartford Promotes Chhabra to Chief Risk Officer July 16, 2025 The Hartford said it is promoting Prateek Chhabra to chief risk officer, succeeding Robert Paiano who will retire from the...
Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG July 16, 2025 By Chad Hemenway American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1. Neal,...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion with more than 90% of...
US Farm Agency Ends Program to Support Small Businesses July 16, 2025 By Leah Douglas The U.S. Department of Agriculture said on Tuesday it would cut funding for a national network of centers that have...
New Book Proposes Four-Prong Legal Strategy to Negate Nuclear Verdicts July 16, 2025 By Allen Laman Leaders at one of the largest national insurance defense firms believe they have identified the causes of nuclear verdicts—and developed...
Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization July 16, 2025 By Jamie Tucker Strategic partnerships between re/insurers and alternative investment managers, the use of offshore platforms, and a fourth consecutive record year of...
Diageo Calls Tequila Purity Allegation ‘Baseless’ as Lawsuit Proceeds July 15, 2025 Diageo on Monday filed an initial response to a lawsuit accusing the spirits giant of misleading U.S. consumers about the...