November 10, 2025

An oil tanker was boarded by suspected pirates in the Indian Ocean to the east of the Somali coast, the most serious in a string of recent incidents in the area. The attackers were operating from a nearby mothership and …

Analysts’ projections of slower growth and smaller underwriting margins ahead for personal auto insurers started to play out ever so slightly in third-quarter results of two giant auto insurers this week. Both Progressive and GEICO reported higher personal auto combined …

Fire destroyed Miami Heat coach Erik Spoelstra’s home last week, with officials saying more than 20 units were dispatched in what became a frantic, futile effort to save the property. Nobody was in the home when the fire broke out, …

Florida insurers will no doubt remember the time more than two years ago when one of the largest plaintiffs’ law firms in the state gave notice that it was planning to file tens of thousands of claims lawsuits ahead of …

The Missouri Department of Commerce and Insurance (DCI) sent a bulletin to insurers last week stating that insurers should avoid non-renewals and cancellations for master policies issued to condominiums that experienced damage from severe storms this year. DCI sent out …

Cornell University said it reached an agreement with the White House to restore about $250 million in federal funding, becoming the latest elite school to negotiate relief in response to the Trump administration’s campaign to remake higher education. The Ithaca, …

Onex Corp.’s top executive says the alternative asset manager is open to making further large bets on insurance companies following its move to team up with American International Group Inc. on a major deal. Toronto-based Onex and AIG agreed last …