Another Downgrade for State Farm General: S&P Lowers Rating to A- August 14, 2025 Earlier this month, Standard & Poor’s Global Ratings announced another downgrade for State Farm General Insurance Co., lowering the California...
Mission, Purpose Not High on Wish Lists of Industry Newbies: Informal Talent Poll August 14, 2025 A poll of workers recently hired into the property/casualty insurance industry conducted during a Travelers Institute webinar last month produced...
Senator Schiff Brings Back Idea of Federal Reinsurance Program August 14, 2025 Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal...
New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses August 14, 2025 By Jonathan Stempel Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to...
RPS: Cyber Market Flush With Capacity as Buyers Get More Limit, Low Premium August 13, 2025 By Jahna Jacobson Cyber insurance remains an area of growth opportunity for property and casualty insurers, particularly in the face of large-scale risk...
Insurtech Looks to ‘Redefine’ Insurance With Autonomous AI Agents by 2026 August 13, 2025 By Chad Hemenway Insurtech Superagent AI issued a press release yesterday to announce its goal of starting the first fully autonomous AI insurance...
Appeals Court Says DOGE Team Can Access Sensitive Data August 13, 2025 By Daniel Wiessner A U.S. appeals court on Tuesday rejected a bid by a group of unions to block the Trump administration government...
Employers Miss Out on Talent When Remote Work Isn’t Allowed: Survey August 13, 2025 New insights into workforce recruitment and retention challenges suggest employers who don’t allow a remote work option may be missing...
Navigating The Challenging US Liability Litigation Environment August 13, 2025 By Steve Ellis The liability litigation environment in the U.S. continues to be challenging, driven by increases in nuclear and thermonuclear verdicts, rising...
Do Kwon Pleads Guilty to US Fraud Charges in $40B Crypto Collapse August 12, 2025 By Luc Cohen Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded...