National News

New SEC Chair Says Crypto Sector Deserves Clear Regulations

The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years. “Market participants engaging in this technology deserve clear regulatory rules …

Corporate America Boosts Security Spending After UnitedHealth Murder, Filings Show

U.S. corporations have been ramping up their security spending, but following the murder of UnitedHealth executive Brian Thompson that expenditure is set to rise further in 2025 as more companies see heightened threats to their top brass. At least a …

Cyber Market Continues to Expand as Rates Adjust, Says Guy Carpenter

Those fighting cybercrime and those who insure against it must perpetually race to keep up with the new tech, strategies, methods and goals thrown at them by nefarious actors working from all over the world. After significant compound rate increases …

Viewpoint: Turning the Embedded Insurance Challenge Into an Opportunity

Would you like pet insurance with your juvenile ball python, Ma’am? Until relatively recently, that kind of additional purchase came only after settling the scaly friend safely in its new terrarium at home. But with the growth of e-commerce, insurance …

Health Officials Seek to Phase Out Artificial Dyes From the Food Supply

U.S. health officials say they will urge foodmakers to phase out petroleum-based artificial colors in the nation’s food supply, but stopped short of promising a formal ban and offered few specifics on how they intended to achieve the sweeping change. …

World’s First Catastrophe-Bond ETF Falters in ‘Crazy’ Market

The world’s first-ever exchange-traded fund based on catastrophe bonds has failed to get the seed capital it expected after launching on the eve of the Trump administration’s tariff war. “Some of our seed capital investors are sitting on the sidelines …

California Wildfire Losses Cause 16% Fall in The Hartford’s Q1 Net Income

Net income at The Hartford decreased 16% to $630 million in the first quarter 2025, driven by losses from the California wildfires. Property/casualty catastrophe losses for Q1 2025 were $467 million pretax—$325 million, net of reinsurance, from the California wildfires …

People Moves: 3 Key Exec Roles Filled in Everest Wholesale Business; Willis Appoints Merker to Lead P/C Broking Sales

Everest of Warren, New Jersey, made three key leadership appointments to the company’s U.S. wholesale business, Everest Evolution. Matt Meserole has been named head of excess casualty, overseeing the strategic direction and underwriting performance of the Everest Evolution Excess Casualty …

More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat

Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy levels of air pollution, part of a trend toward declining air quality as climate change-related extreme weather events like wildfires occur more frequently. That’s …

Forecast Calls for Wildfires to Burn More Land Across US This Year

A Long-range forecast predicts wildfires will burn more land across the U.S. this year, with a potentially active spring in places and a build up into summer.

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