Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses June 19, 2025 By Ezra Amacher The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial...
US Supreme Court Sets Test for Which Courts Can Hear EPA Cases June 19, 2025 By Nate Raymond The U.S. Supreme Court established rules of the road on Wednesday to determine when lawsuits challenging actions by the U.S....
Viasat Identified as Victim in Sweeping Phone Hack Tied to China June 18, 2025 By Jamie Tarabay Viasat Inc. is the latest US communications company identified as a victim of the sweeping surveillance hack blamed on the...
People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms June 18, 2025 Liberty Mutual Insurance Appoints Bhatnagar President, Major Accounts, GRS North America; Fallon Announces Retirement Liberty Mutual Insurance, headquartered in Boston,...
Perelman at $410 Million Art Trial Says Fire Faded His Works June 18, 2025 By Chris Dolmetsch Ron Perelman told a judge that five of his paintings totaling over $400 million in value lost their luster from...
Trucordia Closes Carlyle Investment, Refinances Debt June 18, 2025 Trucordia announced that it has completed a comprehensive debt refinancing that it says significantly enhances the company’s capital structure and...
Insurance Industry Rejects Proposed Moratorium on State AI Regulation June 18, 2025 By Chad Hemenway A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the...
US Homeowners Insurance Rates Rose 40.4% in Six Years, Report Shows June 18, 2025 U.S. homeowners insurance rates rose 40.4% over the past six years, with the biggest increases hitting in the last two...
Viewpoint: Navigating Strategic Capital Options for Insurance Brokerages June 18, 2025 By Bob Besio and Robert Held The pathway to M&A activity/liquidity in the insurance brokerage industry traditionally has followed a common pattern: small to mid-sized brokers...
‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency June 17, 2025 By Zahra Hirji, Jason Leopold and Lauren Rosenthal Homeland Security Secretary Kristi Noem directed the Federal Emergency Management Agency to prepare a memo on how to abolish itself...