Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI May 22, 2026 By Chad Hemenway Acrisure’s CEO told employees that about 2,250 of them won’t be with the company by the end of 2027. The...
‘Decisive Sign of a Softened Market’: Premiums Decrease Across All Accounts May 22, 2026 By Chad Hemenway For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across...
US P/C Industry Underlying Growth Expected to Slow in 2026 May 21, 2026 By Chad Hemenway The U.S. property/casualty insurance industry is expected to see underlying growth decrease 3.7% for the first half of 2026 as...
NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case May 21, 2026 By Andrew G. Simpson The Archdiocese of New York (ADNY) has received the go-ahead to depose Chubb Insurance CEO Evan Greenberg in the ongoing...
Iran Consolidating Control of Hormuz With Checkpoints, Vetting and Sometimes ‘Fees’ May 20, 2026 By Devjyot Ghoshal, Ahmed Rasheed, Parisa Hafezi, Gavin Finch and Saurabh Sharma The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering...
Virginia Governor Vetoes Bill to Allow Class Actions May 20, 2026 By Andrew G. Simpson Virginia will remain as one of only two states where courts do not allow class actions. Gov. Abigail Spanberger, a...
New York Homes Most Exposed to Hurricane Risk, Beating Miami May 19, 2026 By Natalie Wong More than 3 million New York metropolitan-area homes are vulnerable to hurricane winds, the most of any region in the...
Jury Trial Is There if Corporations Need it, Appeals Court Finds in WV Opioid Case May 19, 2026 By William Rabb Corporations facing high-profile negligence lawsuits have been known to request a bench trial—held before a judge only and without the...
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI May 19, 2026 The numbers aren’t all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on...
Shipbuilder, Baltimore Officials Seize Upon Criminal Charges Against Dali Manager May 19, 2026 By Andrew G. Simpson The builder of the Dali cargo ship and Baltimore city officials are welcoming the U.S. government’s bringing of criminal charges...