The Indian government must decide in the next few days whether to keep allowing a handful of Russian companies to insure tankers when they deliver oil to the Asian nation. The process comes at a time when New Delhi is …
India to Decide on Russia Oil Tanker Insurance Firms in Days Read More »
As the prospect of flood damage haunts an ever larger number of UK homes, the country’s banks are under growing pressure to prove they’re not underestimating the risk in their mortgage books. Nationwide Building Society — once seen as an …
UK Floods Raise Specter of ‘Mortgage Prisoners’ for Banks Read More »
Zurich Insurance Group AG’s profit rose to a record in 2025, giving Chief Executive Officer Mario Greco a tailwind as he pursues the acquisition of Beazley Plc. Group operating profit rose to $8.9 billion in the year, the company said, …
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley Read More »
British entrepreneurship appears to be on the rise, with tens of thousands of new businesses popping up. The problem, for workers, is that these startups are increasingly using artificial intelligence and freelancers instead of taking on permanent staff. New firms …
Startups in Britain Turn to AI Instead of Costly New Hires Read More »
Gallagher Expands Executive and Financial Risk Practice Leadership Team Gallagher, headquartered in Rolling Meadows, Illinois, appointed new leaders in its executive and financial risk practice. Seth Pfalzer has been appointed senior vice president and national director, joining the practice’s board …
A U.S. federal judge threw out on Tuesday a lawsuit against Buffalo Wild Wings that alleged the restaurant and sports bar chain deceived consumers by selling boneless wings that are not actually de-boned chicken wings. Judge John Tharp Jr. in …
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’ Read More »
The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities and APIs, uses advanced language and speech recognition technologies, Travelers said, reporting …
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers Read More »
Just days before a final committee vote on a bill that would establish a clearinghouse for Citizens’ commercial policies, Florida’s insurance commissioner has offered his own rewrite, one that would give regulators more authority over who runs the clearinghouse and …
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan Read More »
At James Monroe Middle School, located in a remote part of California’s High Desert, posters commemorating teacher appreciation week were hung beside porta-potties. They were the only toilets left for faculty members after the campus’s sewage system collapsed last year. …
Decades-Old Abuse Payouts Squeeze California School and City Budgets Read More »
A new bill in California would require insurers to offer homeowners insurance to those who meet state home hardening and defensible space requirements. Senate Bill 1076, the Insurance Coverage for Fire-Safe Homes Act, was introduced by Senator Sasha Renée Pérez …
California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes Read More »
