Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C November 26, 2025 With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at...
Does Quiet Hurricane Season Mean Lack of Experience for Adjusters? November 26, 2025 By Don Jergler A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping...
Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam November 26, 2025 By Eric Onstad Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million...
OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide November 26, 2025 By Rachel Metz OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the...
Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims November 26, 2025 By L.S. Howard Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase...
Philadelphia Transit Agency Vows It’s Upgrading Railcars Implicated in Fires November 26, 2025 By Marc Levy Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with...
Allianz Unit Discussing Call Center Jobs Cuts in AI Transition November 26, 2025 By Stephan Kahl Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it...
Africa Specialty Risks Launches Lloyd’s Syndicate 2454 in South Africa November 26, 2025 Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in...
US Terror Label in Venezuela Deepens Risk for Oil Companies November 26, 2025 By Bloomberg News The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela,...
Poland Expects Russia to Escalate Sabotage After Rail Explosion November 26, 2025 By Zosia Wanat and Wojciech Moskwa Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on...