Despite Backlash From Trump, DEI Hasn’t Disappeared at US Companies May 19, 2025 By Simone Foxman Walmart Inc. stunned civil-rights activists in November by saying it was pulling back on diversity, equity and inclusion efforts. The...
UK Legal Aid Hack Includes ‘Significant Amount’ of Personal Data May 19, 2025 By Ryan Gallagher Hackers have stolen a “significant amount of personal data” from people who received legal aid across England and Wales, the...
Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk May 16, 2025 By L.S. Howard Lloyd’s has “a laser focus” on the oversight of delegated underwriting authorities to make sure these facilities do not drag...
Coinbase Hackers Had Access to Customer Data Since January May 16, 2025 By Margi Murphy and Emily Nicolle Hackers had near-constant access to some of Coinbase Global Inc.’s most valuable customer data since January, according to a person...
Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss May 14, 2025 By Andrew G. Simpson The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to...
Markel Insurance CEO Wilson Lays Out Strategy for ‘Bread-and-Butter’ E&S Business May 13, 2025 By Susanne Sclafane “You can’t cut yourself to greatness.” Simon Wilson, chief executive officer of Markel Insurance, made the simple statement at a...
Lloyd’s Promotes Chief of Markets Tiernan to CEO, Succeeding Neal May 8, 2025 Lloyd’s, the re/insurance marketplace, announced that Patrick Tiernan has been appointed as chief executive officer by the Council of Lloyd’s,...
Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI May 5, 2025 By Susanne Sclafane He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the...
Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses May 1, 2025 By Chad Hemenway Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due...
Progressive Insurance Is Hiring Again; 12,000 More People Needed April 29, 2025 By Susanne Sclafane Almost a year to the day after Progressive announced it would hire more than 10,000 people to fill claims, IT...