Hedge Funds, Insurers Rush to Gauge Exposure as Iran Spirals March 2, 2026 By Bei Hu, Betty Hou and Cathy Chan Hedge funds, banks and insurers rushed to size up their exposure to the Middle East after weekend attacks on Iran...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates March 2, 2026 By Emily Chow and Jeslyn Lerh Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the...
FedEx Customers Sue Company for Tariff Refunds After US Supreme Court Ruling March 2, 2026 By Mike Scarcella FedEx was sued in federal court on Friday on behalf of customers seeking refunds from the global shipping company after...
Delaware High Court Upholds Elon Musk-Led Overhaul of State’s Business Law March 2, 2026 By Michael Leonard, Jef Feeley and Sabrina Willmer The Delaware Supreme Court upheld the constitutionality of an overhaul of state law that governs most major US corporations and...
Zurich Insurance Said to Near Beazley Deal Funded by Equity Sale February 27, 2026 By Aaron Kirchfeld, Pablo Mayo Cerqueiro and Leonard Kehnscherper Zurich Insurance Group AG is nearing an agreement to acquire UK specialty insurer Beazley Plc and raise billions of dollars...
AI-Generated Job Ads Discriminated Against US Workers, Says Civil Rights Unit February 27, 2026 By Andrew G. Simpson The Department of Justice (DOJ) reported it has secured a settlement agreement with a Virginia information technology services firm that...
‘Meaningful Decline’ in Industry Q1 Underwriting Profit Expected From Winter Storms February 26, 2026 By Chad Hemenway Another tough first quarter is in store for insurers when it comes to catastrophe losses—though not as severe as a...
Insurers See Themselves Shielded From Private Credit Worries February 26, 2026 By Claudia Cohen, Vonnie Quinn and Stephan Kahl Top executives at some of Europe’s biggest insurance companies acknowledged widespread concern about private credit while seeking to reassure investors...
Safety Insurance Drove Up Net Income by 40% in 2025 February 26, 2026 Safety Insurance Group, Inc. reported that net income for the full year 2025 was $99.3 million compared to net income...
Marsh Awarded Injunction Against Former Employees Now With Howden US February 26, 2026 By Chad Hemenway A federal judge this week granted Marsh its request to prohibit a group of employees who left for Howden US...