Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio remained relatively flat at 89.0 versus 89.2 the …
The Hanover Reports 18% Growth in Q4 Net Income Read More »
European countries are taking their broadest swipe yet at social media, with a growing number weighing bans of the services for minors and setting the stage for a new showdown with some of the biggest US companies. The policy was …
Move to Ban Social Media for Kids Gains Traction Across Europe Read More »
Political violence insurance premiums in Democratic Republic of Congo jumped as much as tenfold last year due to unrest in the east, boosting insurers but lifting costs for copper-cobalt miners, insurance executives told Reuters. Rwandan-backed AFC/M23 rebels overran eastern Congo’s …
Congo Fighting Drove Spike in Insurance Costs, Squeezing Miners, Insurer Says Read More »
China will ban ‘hidden’ car door handles from 2027, becoming the first country to phase out a design pioneered by Tesla and adopted by Chinese competitors including Xiaomi. The hidden handle design, which functions through a key fob or mobile …
China to Ban ‘Hidden’ Car Door Handles to Address Safety Fears Read More »
(TOWSON, MD)—Chesapeake Employers’ Insurance Company’s Board of Directors declared the company’s highest-ever policyholder dividend of $60 million for 2026. This marks the ninth consecutive year that the company is declaring dividends for its customers. Chesapeake Employers will begin distributing the …
Chesapeake Employers Insurance Declares $60 Million Policyholder Dividend Read More »
If you’re running a multi-carrier MGA in Texas, chances are your accounting and commissions workflow looks like this: Multiple carrier commission structures Split payments across brokers, sub-agents, and producers Midterm premium changes with no automation Manual spreadsheets and QuickBooks exports …
Accounting and Commission Automation for Multi-Carrier MGAs in Texas Read More »
Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310 pence a …
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid Read More »
A federal judge on Tuesday rejected Elon Musk’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. U.S. District Judge Sparkle Sooknanan in Washington, …
Elon Musk Loses Bid to Dismiss SEC Lawsuit Over Twitter Stake Read More »
Hub International Limited (HUB), headquartered in Chicago, Illinois, named Andrea Baldrica as chief sales officer of U.S. Employee Benefits. Baldrica will be responsible for driving HUB’s national employee benefits sales strategy and comprehensive growth across its employee benefits services. Baldrica …
The American Property Casualty Insurance Association testified on Capitol Hill Jan. 3 in support of the Fix Our Forests Act. The legislation, led by Reps. Bruce Westerman, R-Ariz., and Scott Peters, D-Calif., was passed by the House following the January …
APCIA Testifies in Support of the Fix Our Forests Act Read More »
