Lloyd’s Promotes Chief of Markets Tiernan to CEO, Succeeding Neal May 8, 2025 Lloyd’s, the re/insurance marketplace, announced that Patrick Tiernan has been appointed as chief executive officer by the Council of Lloyd’s,...
UnitedHealth Sued by Shareholders Over Reaction to Backlash From Executive’s Killing May 8, 2025 By Jonathan Stempel UnitedHealth Group was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging...
Viewpoint: Challenging P/C Market Generates Opportunities for Surplus Lines’ Writers May 8, 2025 By David Blades The U.S. surplus lines market notched double-digit year-over-year (YoY) premium growth from 2018-2023, as wholesale brokers tapped this market with...
Nearly Quarter of People on Long-Acting Opioids Develop Addiction May 7, 2025 By Sam Hornblower More than one in five people prescribed extended-release painkillers such as OxyContin developed an addiction within a year, according to...
Apollo-Backed Aspen Insurance Guides IPO Price at Midpoint May 7, 2025 Aspen Insurance Holdings Ltd. is telling prospective investors it expects to price its initial public offering at $30 per share,...
NSO Group to Pay Nearly $168M to Meta’s WhatsApp for 2019 Hacking May 7, 2025 By Chad Hemenway A federal jury in California has ordered Israeli firm NSO Group to pay more than $167 million in punitive damages...
US Seeks Forced Sale of Google Ad Technology Products May 7, 2025 By Leah Nylen Alphabet Inc.’s Google should be forced to sell off two of its businesses that help websites buy, sell and serve...
Delta Must Face Passenger Lawsuit Over Massive CrowdStrike Computer Outage May 7, 2025 By Jonathan Stempel Delta Air Lines must face a proposed class action by passengers who said it refused to offer full refunds after...
Berkshire Shareholders Reject Diversity, AI Proposals May 7, 2025 By Jonathan Stempel Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based...
Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index May 6, 2025 Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to first quarter 2025 results of...