Markets
Insurer Interest in AI Exclusions Growing as Risk Becomes Omnipresent
It's no surprise given the penetration of artificial intelligence into lives and businesses that it appears insurers are gearing up to exclude AI risk in some of their commercial liability policies. ...
Deja Vu as Berkley Calls Out MGUs During Quarterly Call
W.R. Berkley's CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. "We continue to have great concern around much of the MGU [managing general underwriter] ...
Chubb Q2 Net Down 3.8%; Large E&S Property ‘Overly Soft’: CEO
Second-quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about $2.85 billion, with property/casualty underwriting income up 18.8% to about $1.9 billion. ...
As Parasite Spawned Chaos, Taylor Farms Slow-Walked Response
The U.S. Food and Drug Administration had apologized, Taylor Farms said in a post on X. An agency lab test linking its produce to the country's worst cyclosporiasis outbreak in decades was a false ...
Raised on Breaches, Digital Natives Think Differently About Cyber Risk
The spring 2026 cyber incident affecting the Canvas Learning Management System couldn't have occurred at a worse time. As the end of the U.S. school year approached, students and educators suddenly ...
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak
The Food and Drug Administration on Sunday withdrew an earlier positive test that had tied Taylor Farms' lettuce to the cyclospora outbreak, even as health officials said the supplier remains a focus ...
Leadership Change at Vantage: Former Arch Execs Grandisson, Gansberg to be Chair, CEO
Just over a month after Howard Hughes Holdings (HHH) completed its acquisition of Vantage Group Holdings, HHH has announced a leadership transition. Effective immediately, Marc Grandisson, the former ...
U.S. P/C Industry Books Best Result in a Decade, but Not All Lines Enjoy Success
The U.S. property/casualty industry posted its best underwriting profit and combined ratio in a decade in 2025, building upon the $1 trillion of total direct premiums written logged the prior year ...