World’s First Catastrophe-Bond ETF Falters in ‘Crazy’ Market April 25, 2025 By Gautam Naik The world’s first-ever exchange-traded fund based on catastrophe bonds has failed to get the seed capital it expected after launching...
California Wildfire Losses Cause 16% Fall in The Hartford’s Q1 Net Income April 25, 2025 Net income at The Hartford decreased 16% to $630 million in the first quarter 2025, driven by losses from the...
People Moves: 3 Key Exec Roles Filled in Everest Wholesale Business; Willis Appoints Merker to Lead P/C Broking Sales April 25, 2025 Everest of Warren, New Jersey, made three key leadership appointments to the company’s U.S. wholesale business, Everest Evolution. Matt Meserole...
More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat April 25, 2025 By Emma Court Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy levels of air pollution,...
Forecast Calls for Wildfires to Burn More Land Across US This Year April 25, 2025 A Long-range forecast predicts wildfires will burn more land across the U.S. this year, with a potentially active spring in...
Dog Bite Claims Soar in Frequency and Cost: Report April 25, 2025 Insurers in the U.S. paid out about $1.6 billion in dog-related injury claims in 2024, according to data compiled by...
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend April 24, 2025 By L.S. Howard Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4...
US Officials Mull Easing Tariffs Targeting the Auto Industry April 24, 2025 By Maya Averbuch, Eric Martin, Josh Wingrove and Keith Laing The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would...
Lilly Sues 4 Compounders Over Copies of Weight-Loss Drugs April 24, 2025 Eli Lilly said Wednesday it had sued four compounders for selling unapproved products containing tirzepatide, after a U.S. judge last...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options April 24, 2025 Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance...