Insurance
Insurance products and industry updates
Ongoing Cleanup Efforts in North Carolina Highlight Long-Term Impacts of Hurricane Helene’s Debris
Two years post-Hurricane Helene, cleanup teams face challenges from persistent PVC pipe debris, posing ongoing risks to the French Broad River ecosystem.
Read full story →Texas Homeowners and Auto Insurance Rates Show Downward Trend
Texas reports reductions in homeowners and auto insurance rates, with multiple insurers implementing significant price cuts this fall.
Read full story →San Antonio Dealerships Settle $430K Sexual Discrimination Case Following EEOC Probe
Benson Enterprises will pay $430K to settle a sexual discrimination lawsuit linked to harassment and retaliation claims involving a female employee.
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Hurricane Isaias' Intensification Highlights Risks for Florida Property Insurers and Homeowners
Hurricane Isaias intensifies to a Category 3 storm, posing significant risks for property insurers and homeowners in Florida's panhandle region.
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Amica Introduces Free Flume Water Leak Detection Service to Homeowners
Amica Insurance offers a complimentary Flume water leak monitoring system to select policyholders, aiming to mitigate costly water damage claims.
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India's Insurance Regulator Plans Commission Caps by 2027
The Insurance Regulatory and Development Authority of India is targeting a commission cap rollout by 2027, aiming to streamline costs in the sector.
Read full story →Selective Insurance Appoints Vaibhav Kalia as Chief Investment Officer
Selective Insurance has officially appointed Vaibhav Kalia as its chief investment officer after his role as interim since June 2026.
Read full story →Severino Joins Alliant's Employee Benefits Group; Wiley Appointed as North America Regional President at Doubtless
Jeff Severino has joined Alliant while Karl Wiley steps in as regional president for Doubtless, marking significant leadership transitions in the industry.
Read full story →AM Best Rescinds Credit Ratings for Hartland Mutual as Company Exits Rating Process
AM Best has withdrawn its credit ratings of Hartland Mutual Insurance Company following the insurer's decision to cease participation in its rating evaluations.
Read full story →Aviva Launches U.S. Specialty Insurance Division to Underwrite Commercial Property
Aviva is entering the U.S. specialty insurance market, initially focusing on commercial property under its new division, Aviva Specialty.
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Heffernan Insurance Strengthens Presence with Walterry Brokers Acquisition
Heffernan Insurance Brokers enhances its market position by acquiring Walterry Insurance Brokers, expanding its expertise in media liability and professional insurance.
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Ben Lamm’s Vision of Time Compression: Transforming Biology into Engineering
Ben Lamm, CEO of Colossal Biosciences, emphasizes time compression as a key to advancing biotechnology, reshaping our approach to biology.
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AZIO AI's CFO Jason Maddox Navigates the Capital-Intensive AI Infrastructure Market
Jason Maddox, CFO of AZIO AI, emphasizes the importance of financial discipline in navigating the increasing capital demands of AI infrastructure investment.
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Understanding Freedom Bank's Credit Ratings from S&P and Moody's: Significance and Assessment
Freedom Bank Kazakhstan recently earned significant credit ratings from S&P and Moody's, indicating improved financial stability and reliability.
Read full story →Severe Flooding Threatens Houston and Dallas Amid Ongoing Storms
Houston and Dallas are under significant flood risk as heavy rains disrupt power and air travel, with forecasts predicting more severe weather ahead.
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Everest Sells Canadian Retail Operations to Wawanesa; Gallagher Acquires Albany Insurance in New Zealand
Everest Group has sold its Canadian retail insurance operations to Wawanesa, while Arthur J. Gallagher & Co. has acquired Albany Insurance Services in New Zealand.
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AI Tools Linked to Major Cyberattack on Shinhan Bank, Exposing Customer Data
AI-driven techniques may have contributed to a recent cyberattack on Shinhan Bank, affecting the data of approximately 25,000 clients.
Read full story →Vermont Diocese Seeks to Exit Bankruptcy Amid Rising Litigation Costs and Asset Protection Concerns
The Vermont Diocese's move to exit bankruptcy raises ethical questions as it confronts legal risks related to abuse survivor claims against its assets.
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Risks and Rewards of Oil Transport Through the Strait of Hormuz: A Captain's Perspective
Oil transport through the Strait of Hormuz is fraught with danger, but high financial incentives for crews highlight the complex risks and rewards in global energy markets.
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Lawsuit from States Questions Corteva’s Vylor Spinoff Amid PFAS Liability Concerns
Fifteen states are challenging Corteva's recent spinoff of Vylor, claiming it's an attempt to evade substantial PFAS contamination liabilities.
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