Delta Must Face Passenger Lawsuit Over Massive CrowdStrike Computer Outage May 7, 2025 By Jonathan Stempel Delta Air Lines must face a proposed class action by passengers who said it refused to offer full refunds after...
Berkshire Shareholders Reject Diversity, AI Proposals May 7, 2025 By Jonathan Stempel Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based...
Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index May 6, 2025 Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to first quarter 2025 results of...
Burger King Must Face Lawsuit Over Whopper Ads May 6, 2025 By Jonathan Stempel Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products...
People Moves: Dunn Joins Marsh as US Construction Practice Leader; Canopius Appoints Varghese as Head of Marine, US May 6, 2025 Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based...
Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow May 6, 2025 By Chad Hemenway Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million...
Q1 Has Lowest Insurance Agency M&A in 5 Years; Mega Deals Coming? May 6, 2025 The first three months of 2025 were the slowest quarter for insurance agency mergers and acquisitions since the second quarter...
Message App That Waltz Was Seen Using Is Probing Possible Breach May 5, 2025 By Jeff Stone TeleMessage, the message-archiving app that former National Security Adviser Michael Waltz appeared to be using in a photograph of him...
Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate May 5, 2025 By Chad Hemenway Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the...
Q1 Net Income at CNA Financial Down 19% May 5, 2025 CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago....