US property and casualty insurers posted stronger profitability in the first half of 2025, according to Moody’s Ratings, despite a heavy burden of wildfire-related catastrophe claims in California. A ...
TD Cowen’s latest field trip to London, held with senior executives from Arch Capital, Ascot, Canopius, Everest Group, Hiscox, Howden Re, Inigo, Intact, Lancashire, and Sirius Point, delivered a ...
A federal judge in Illinois dismissed a Teamsters-backed complaint that sought to overturn Arkansas’ pharmacy benefit manager rule on ERISA preemption grounds, according to BestWire. The case was ...
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual. Whether it’s an unfortunate ...
Gallagher Re, the reinsurance broking arm of Arthur J. Gallagher, has agreed to acquire Steadfast Re, the Sydney-based reinsurance broker launched a decade ago as a joint venture between industry ...
Lloyd’s of London will delay its Blueprint Two re-platforming project until at least 2028, with market testing not expected before 2026. CEO Patrick Tiernan admitted the update will frustrate ...
A Louisiana state court issued a temporary restraining order preventing Chubb Bermuda Insurance from enforcing an arbitration clause that sought to move a COVID-19 business interruption dispute to the ...
The Nevada Division of Insurance remains offline after a ransomware attack forced multiple state agency systems to shut down on Aug. 24. Officials said the state will notify impacted individuals if ...
Hurricane Katrina, which struck the Gulf Coast on August 29, 2005, remains the defining benchmark for natural disasters in the United States. Making landfall near Buras-Triumph, Louisiana, as a ...
Global reinsurance market has entered a post-peak pricing phase, with earnings expected to moderate in 2025–2026. Even as rates soften, the ratings agencies maintains a stable outlook on the ...
Florida regulators have cleared another entrant into the state’s homeowners insurance market. Viceroy Preferred Insurance Co. received approval to launch as a domestic carrier backed by Monarch ...
Cavello Bay Reinsurance, a Bermuda-based subsidiary of Enstar Group, has filed a $400 mn lawsuit against Aspen Insurance Holdings and several affiliates, alleging breach of a 2022 reinsurance ...
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