Consumer acceptance of telematics technology in auto insurance is growing, creating opportunity for insurers who can cater to tech-driven drivers who crave personalized pricing and service. Today, 82% of policyholders view telematics apps positively, according to a recent survey by …
Consumer Acceptance of Telematics Widens, Says Survey Read More »
The planet experienced its third-warmest year on record in 2025, and average temperatures have exceeded 1.5 degrees Celsius of global warming over three years, the longest period since records began, EU scientists said on Wednesday. The data from the European …
2025 Was World’s Third-Warmest Year on Record: EU Scientists Read More »
Sedgwick, the Memphis, Tennessee-based risk and claims administration provider, announced the launch of its Sedgwick Global Specialty platform in London, a dedicated solution designed to handle the largest and most complex losses. The platform represents a major investment to drive …
Sedgwick Launches Global Specialty Platform in London Read More »
Drones struck two oil tankers in the Black Sea on Tuesday, including one chartered by U.S. oil major Chevron, the companies involved said, as they sailed toward a terminal on the Russian coast. Both were en route to the Yuzhnaya …
Drones Hit Two Tankers in Black Sea, Driving Up War Insurance Costs Read More »
The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a fresh study by Britain’s main association of actuaries. The Institute and Faculty of Actuaries, which conducted its study together with …
UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk Read More »
Warburg Pincus is considering a possible sale of UK insurance broker McGill and Partners, according to people familiar with the matter. The private equity firm has held early talks with potential advisers to explore options for London-based McGill, the people …
Warburg Mulls $1 Billion Sale of London Insurance Broker McGill Read More »
Aon said it has expanded the capacity available in it Data Center Lifecycle Insurance Program from $1 billion to $2.5 billion. The expansion responds to accelerating global investment in cloud computing, artificial intelligence and digital infrastructure and increasing complexity of …
Markets/Coverages: Aon Expands Data Center Lifecycle Insurance Program to $2.5B Read More »
Indian digital insurer Acko Technology & Services Pvt. has invited pitches from investment banks for a potential initial public offering to raise as much as $350 million, according to people familiar with the matter. The IPO, which may include a …
India Digital Insurer Acko Said to Seek Banks for $350 Million India IPO Read More »
The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule concerns the 2023 finalization by the administration …
EPA Aims to Speed Permitting for Energy, AI Infrastructure With Rule Change Read More »
While severe collisions declined last year, many factors influence commercial driving behavior. Though seasonal changes and distractions are expected, geopolitical factors add to less predictable freight patterns, shifting driving hazards inland. Utilizing commercial drivers’ dashcam data in the U.S., Mexico, …
