Markets
About to Take Off? Legal Fights Emerge Over Toxic Fumes on Flights
When passengers step onto an airplane, they're accustomed to turbulence, seat kicking and lengthy tarmac delays. Those are the predictable annoyances of air ...
Deep or Shallow? Previewing the 2026 Soft Market
An impending soft market doesn't necessarily mean that last year's stunning profits for the property/casualty insurance industry are going to vanish in 2026, according to a research analysis who ...
Verisk, APCIA See ‘Reset’ Rather Than New Normal in Stellar ’25 Results
In a joint report of U.S. property/casualty insurance industry financial results yesterday, Verisk and the American Property Casualty Insurance Association revealed the same eye-popping level of ...
Convex’s Chairman Catlin Steps Down, Succeeded by Onex CEO Le Blanc
Convex Group Ltd., the international specialty insurer and reinsurer, announced that Stephen Catlin, the company's co-founder, has decided to step down as chairman of the board. He will remain a ...
‘Too Much Space,’ Says State Farm CEO on Shuttering Corporate HQ
State Farm will be moving 13,000 of its 62,000 employees who now work in its Corporate Headquarters and the Illinois Operations Center in Bloomington, Ill., to another location— Corporate ...
AM Best Analysis: P/C Industry Soared in 2025. Will It Fly as High in 2026?
Building off momentum from the previous year, the U.S. property/casualty (P/C) industry recorded a $61 billion underwriting gain in 2025—nearly triple the $22 billion recorded in 2024. With nearly ...
New Jersey Public Schools May Be Held Vicariously Liable for Sexual Abuse
A New Jersey public school district may be held vicariously liable for sexual abuse by a teacher even if the abuse took place outside of the scope of the teacher's employment and off school property. ...
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz -- which has been ...