Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves July 17, 2025 By Chad Hemenway The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5 billion, and reversed an...
United Natural Foods Projects Up to $400 Million Sales Hit After Cyber Breach July 17, 2025 Providence, Rhode Island-headquartered United Natural Foods on Wednesday flagged about $350 million to $400 million hit to its fiscal 2025...
PE Firm Warburg Pincus Acquires Majority Stake in Keystone Agency Partners July 17, 2025 Insurance broker and agency network Keystone Agency Partners (Keystone), announced that the private equity firm Warburg Pincus will acquire a...
Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG July 16, 2025 By Chad Hemenway American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1. Neal,...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion with more than 90% of...
Central Texas Floods Highlight State’s Risky Profile, Triple-I Analysis Finds July 16, 2025 By Ezra Amacher The catastrophic floods in central Texas on July 4th occurred in an area where fewer than 3% of homeowners have...
State Farm Implements 27% Rate Increase for Illinois Homeowners July 15, 2025 By Ezra Amacher State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home...
Heavy Rains and Flash Flooding Inundate Northeast Roads and Neighborhoods July 15, 2025 Heavy rain swept across parts of the U.S. Northeast on Monday night, inundating sections of New York and New Jersey...
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025 July 10, 2025 By Susanne Sclafane Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward’s list of 50 top-performing insurance...
Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap July 9, 2025 By Jonathan Franke The steady rise in false advertising claims against consumer-facing companies has exposed a major insurance protection gap. The drivers of...