American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks September 26, 2024 By Jonathan Stempel American Eagle Outfitters sued Amazon.com on Wednesday, accusing it of intentionally infringing the clothing and accessories retailer’s “Aerie” and “Offline...
Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role September 26, 2024 By Andrew J. Hoffman Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide,...
State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P September 26, 2024 State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss...
Shippers Scramble for Workarounds Ahead of Threatened Port Strike September 25, 2024 By Lisa Baertlein and Timothy Aeppel U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast,...
Cyber Hits All-Time High Concern for Business Leaders, Says Travelers Risk Index September 25, 2024 For the fourth time in six years, cyber risk ranked highest as a concern for business leaders. In fact, this...
A ‘Real Race for Talent’ in E&S Industry, Says WSIA’s Kelley [Video] September 25, 2024 Brady Kelley, president and CEO of the Wholesale & Specialty Insurance Association, said the organization has been doing a lot...
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies September 25, 2024 By Susanne Sclafane A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms...
Purdue Settlement Talks With Sacklers Extended to November September 25, 2024 By Jonathan Randles Purdue Pharma LP said its making progress in settlement talks with members of the Sackler family who own the company...
Aon Launches US Severe Convective Storm Model September 24, 2024 Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the...
As E&S Market Growth Hits New Heights, Some Risk May Be There to Stay: AM Best September 24, 2024 By Chad Hemenway In 2023 the U.S. surplus lines market for the first time surpassed the $100 billion mark in direct premiums written,...