Chubb Q2 Net Income Down 3.8% on ‘Overly Soft’ Large Account, E&S Property July 22, 2026 By Chad Hemenway Second quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about...
Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show July 22, 2026 By William Rabb At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement...
Google Expands in Miami After Its Billionaire Founders Buy Homes July 22, 2026 Alphabet Inc. has more than quadrupled its office space in Miami this year shortly after co-founders Larry Page and Sergey...
UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services July 22, 2026 New Prime Minister Andy Burnham appointed Lucy Rigby as Britain’s City Minister on Tuesday, putting her in charge of overseeing...
Insurance M&A Pace Down 15% in First Half 2026: OPTIS July 22, 2026 By Chad Hemenway Insurance agency mergers & acquisitions in the first six months of 2026 were down 15% compared with the same period...
Luxury Homes Are Raising Risks for California FAIR Plan July 22, 2026 By Todd Woody As California’s wildfire insurance crisis drives homeowners to the state’s insurer of last resort, wealthy areas such as Beverly Hills,...
Insurers Must Defend Hotels Accused of Sex Trafficking of Minors July 22, 2026 By Andrew G. Simpson Insurance companies cannot invoke “overriding public policy” in order to refuse to defend insured hotel owners and managers accused of...
Chicken Back on Menu as Cyber-Hit Nichirei Restores Operations in Japan July 22, 2026 By Eru Ishikawa Tokyo-based food producer and distributor Nichirei Corp. says it will fully resume operations this week after a cyber attack disrupted...
Three Tankers Carrying Saudi Crude Make U-Turns in Red Sea After Houthi Warning July 22, 2026 By Florence Tan and Nidhi Verma Three oil tankers loaded with Saudi crude for China and India made U-turns in the Red Sea on Tuesday, heading...
EU Insurance Regulator Demands Long-Term View From Private Equity Buyers July 22, 2026 By Francesco Canepa Private equity firms seeking to buy European insurers must show they can support policyholders for the long term rather than...