Markets/Coverages: Tokio Marine HCC Enhances Product Recall Offering September 9, 2025 Tokio Marine HCC (TMHCC) – Specialty Group, a member of the Tokio Marine HCC group of companies based in Houston,...
Google Sued by Advertising Exchange Over Monopoly Violations September 9, 2025 By Leah Nylen Alphabet Inc.’s Google was sued by advertising exchange PubMatic Inc., which is seeking billions of dollars over its claim that...
US Property Insurance Costs Hit New High as Disasters Worsen September 9, 2025 By Alexandre Rajbhandari The cost of property insurance in the US rose to an all time-high in the first half of the year,...
Renaissance Introduces the First in a Suite of AI Solutions for Independent Agents September 8, 2025 Agency network Renaissance said it has become the first of its kind to deliver an exclusive suite of artificial intelligence...
People Moves: Lockton Promotes Rapciewicz and Cullen to Lead US Casualty September 8, 2025 Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and...
Direct Home Insurer Kin Raises $50M in Series E Financing September 8, 2025 Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of...
Markets/Coverages: Everest Introduces EverBuild for Evolving Construction Risks September 8, 2025 Everest Insurance, the insurance division of Everest Group, recently announced the launch of EverBuild, an enhanced Builder’s Risk coverage form....
How Fast Will the Reinsurance Market Soften? September 8, 2025 By Susanne Sclafane A softer reinsurance market will prevail during the Jan. 1 reinsurance renewals. The only question is how much more softening...
DOJ Drops Defense of Ban on Employee ‘Noncompete’ Agreements September 8, 2025 By Daniel Wiessner President Donald Trump’s administration abandoned on Friday the U.S. government’s legal defense of a rule adopted under former President Joe...
Anthropic Agrees to Pay $1.5 Billion to Settle Authors’ Copyright Class Action September 8, 2025 By Blake Brittain and Mike Scarcella Anthropic told a San Francisco federal judge on Friday that it has agreed to pay $1.5 billion to settle a...