Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’ April 23, 2025 By Chad Hemenway First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires...
UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers April 22, 2025 United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services—...
Business Moves: Ignyte, Novacore Spin Off From NSM Commercial Business Sale April 22, 2025 Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New...
New Survey Shows Company Drivers Overwhelmed and Worried April 22, 2025 By Jahna Jacobson As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision...
People Moves: Xceedance Names Sankaran Global COO; Naquin Joins ReSource Pro as GM, Tech Services April 22, 2025 Xceedance Appoints Sankaran as Global Chief Operating Officer Xceedance, headquartered in Worcester, Massachusetts, named Subramanian (Subbu) Sankaran to the new...
Don’t Forget Tariff Impacts on Workers’ Compensation: Berkley April 22, 2025 The chief executive of W.R. Berkley Corp. said his company is very focused on the impacts of tariffs on loss...
Marsh Sues Aon, Ex-Team Leader Over Exit of 20 Construction Surety Employees April 22, 2025 By Andrew G. Simpson Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key...
Shopify Must Face Data Privacy Lawsuit in US April 22, 2025 By Jonathan Stempel A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify, a decision that could make...
Walgreens to Pay $300 Million in US Opioid Settlement April 22, 2025 By Brendan Pierson Walgreens has agreed to pay $300 million to settle U.S. prosecutors’ allegations that it illegally filled millions of invalid prescriptions...
Microsoft Security Vulnerabilities Set Record High in 2024: BeyondTrust April 21, 2025 Microsoft reported a record-breaking 1,360 vulnerabilities in its products last year, an all-time high and an 11% increase over the...