Viewpoint: It Is Insurers’ Time to Lead a Resilience Revolution January 9, 2025 By Steven Rothstein and Francis Bouchard There is a risk crisis affecting the insurance industry. Hurricanes Helene and Milton left a trail of tens of billions...
Andrade Leaves Everest Group to Become USAA President and CEO January 8, 2025 Juan C. Andrade is USAA’s new president and chief executive officer, said the insurance provider to millions of active military,...
Bowie Promoted to CEO of MGU Private Client Select Insurance January 8, 2025 Managing general underwriter Private Client Select Insurance Services, majority owned by Stone Point Capital and American International Group (AIG), said...
Berkshire Shareholder Seeks Committee to Oversee AI at Buffett’s Company January 8, 2025 By Jonathan Stempel A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens...
Symbol Will Indicate When Connected Devices Are Cyber Secure January 8, 2025 By Andrew Martin Consumers may soon be able to buy electronic products with a label indicating they are “cyber secure,” according to US...
Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge January 8, 2025 By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400...
Lawsuit Alleges Fox Sports Ex-Host Harassed Hairstylist, Offered $1.5M for Sex January 8, 2025 A woman who worked as a hairstylist for Fox Sports alleges in a lawsuit that former host Skip Bayless made...
Artificial Intelligence Energy Demand Is Driving Climate Tech Investing January 8, 2025 By Coco Liu Energy startups have overtaken the makers of electric cars and batteries as the top global climate tech investment for the...
US Insurance Deals Outlook: More, More, More January 8, 2025 In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024,...
Viewpoint: Innovation Enhances Brokers’ Growth and Profits January 7, 2025 By Travis Shank Boosting growth and profitability is a goal for all U.S. insurance agents and brokers, but until recently that has been...