Crypto Giants Scrap Crime-Fighting Alliance as Hackers Circle November 5, 2026 By Ryan Weeks An initiative set up by some of crypto’s largest companies to curb illicit activity has quietly been dissolved, at a...
Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses November 5, 2026 By Chad Hemenway Allstate Corp. third quarter 2026 net income applicable to common shareholders dropped nearly 45% with underwriting income down about 30%...
Lloyd’s of London Forms New Oversight Arm in Efficiency Push November 4, 2026 By Leonard Kehnscherper Lloyd’s of London is restructuring the way in which it oversees the insurance market as part of its new chief...
El Nino Poses ‘Meaningful Risk’ of Higher Inflation in 2027, SF Fed Paper Says November 4, 2026 By Ann Saphir The El Nino weather pattern that could cause a record rise in ocean temperatures in coming months poses a “meaningful...
New APCIA Initiative Looks to Help ‘Backbone’ of Industry With Regulatory Costs November 4, 2026 By Chad Hemenway Small and midsize carriers “form the backbone” of the private insurance market, and they are being bogged down by the...
3M Commits $7.35 Billion to Settle PFAS-Related Claims November 4, 2026 By Jonathan Roeder and Sabrina Willmer 3M Co. is committing $7.35 billion over nine years to settle litigation related to its use of chemicals known as...
People Moves: Resilience Makes Underwriting, Distribution Promotions; Duhart Now Specialty CUO of HDI Global US November 4, 2026 Resilience, headquartered in San Francisco, promoted Chris Pitcher to head of North America underwriting strategy and operations and Alex Carleton...
AIG’s General Insurance Q3 Underwriting Income Down 29% November 4, 2026 By Chad Hemenway Third quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment decreased nearly 30% compared with the prior...
Americans Reject Use of AI for Medical and Coverage Decisions November 3, 2026 Most Americans don’t want artificial intelligence making decisions about their medical care and insurance, according to a new Pew Research...
Schools, Faith Groups, Libraries Step Up As Disaster Aid Becomes a Political Lottery November 3, 2026 By Daniel P. Aldrich, Northeastern University Four tornadoes tore across southwest Michigan in early March 2026, killing four people. They were the state’s deadliest natural hazards...