Berkshire, Progressive Are Underwriting Profit Leaders; Industry Sets Income Record March 12, 2025 By Susanne Sclafane S&P Global Market Intelligence expects the U.S. property/casualty insurance industry to post more than $100 billion of net income for...
Lloyd’s Said It Will Lose $2.3B From LA Wildfires March 12, 2025 Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number...
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition March 12, 2025 More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new...
Kennedy Wants FDA to Close Food Manufacturers’ ‘Self-Affirm’ Safety ‘Loophole’ March 12, 2025 U.S. Secretary of Health and Human Services Robert Kennedy Jr. directed the Food and Drug Administration on Monday to revise...
Girl Scouts Sued Over Alleged Metals, Pesticides in Thin Mints, Other Cookies March 11, 2025 By Jonathan Stempel The Girl Scouts have been sued by consumers over the alleged presence of “heavy metals” and pesticides in its popular...
People Moves: WSIA Elects Officers; RSUI’s McCrorie Becomes Chair March 11, 2025 Wholesale & Specialty Insurance Association (WSIA) members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO...
H&F’s Seeks $30 Billion Valuation of Hub in Fundraising March 11, 2025 By Matthew Monks, Aaron Kirchfeld and Swetha Gopinath Hellman & Friedman is looking to raise at least $1 billion in equity from investors for Hub International Ltd., in...
Most Execs Feel More Stressed at Start of 2025 Than 2024: Sentry March 11, 2025 More than two-thirds of executives polled in a recent survey reported feeling more stressed at the beginning of 2025 than...
US Labor Board Drops Defense of Law Barring Trump From Firing Democratic Member March 11, 2025 By Daniel Wiessner The U.S. agency that enforces the labor rights of private-sector workers is abandoning its defense of a law barring the...
US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS March 11, 2025 U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according...