Bill to Curb Staged Accidents Introduced in Senate July 27, 2026 By Chad Hemenway The industry trades have come out to support the latest effort on Capitol Hill to thwart staged accidents. Sen. Ashley...
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers July 27, 2026 By Niket Nishant, Ashitha Shivaprasad and Manya Saini For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of...
Trump’s New Tariffs Prompt Lawsuit From Small Businesses July 27, 2026 By Zoe Tillman and Erik Larson The Trump administration is facing a fresh legal challenge to the president’s latest round of global tariffs that took effect...
Abbott Defeats Shareholder Lawsuit Over 2022 Infant Formula Recall July 27, 2026 By Jonathan Stempel A federal judge on July 24 dismissed a lawsuit accusing Abbott Laboratories of defrauding shareholders by downplaying and trying to...
Prudential Reimburses 2.85 Billion Yen After Misconduct Probe July 24, 2026 By Nil Codina Martinez Prudential Financial Inc. said it reimbursed 437 individuals about a total of 2.85 billion yen ($17.4 million) as part of...
US Mortgage Rates Rise for Third Straight Week July 24, 2026 By Prashant Gopal Mortgage rates in the US, already the highest in almost a year, rose for a third week, squeezing affordability as...
Liberty Mutual Introduces Its Newest Brand Character: Liberty Biberty July 24, 2026 Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm,...
People Moves: AIPSO Appoints Willis President and CEO; Canopius Names HSBC’s Alioto as Group COO; Doubtless Adds to North American Leadership July 24, 2026 The Automobile Insurance Plans Service Office (AIPSO) appointed Executive Vice President Les Willis as president and CEO. Willis succeeds President...
Report: Claims Severity Reaches All-Time High, Frequency Declines July 24, 2026 All Peril severity reached an all-time high in 2025, rising 25.9% from a year earlier, a new report shows. LexisNexis...
Federal Judge Casts Doubt on 69,000 Cases Alleging J&J Talc Caused Cancer July 23, 2026 By Dietrich Knauth A federal judge cast doubt on July 22 on claims by approximately 69,000 people alleging that Johnson & Johnson’s JNJ.N...