The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International ...
London's marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on ...
While competition in personal auto insurance is rising to levels high enough to dent customer retention at GEICO, a giant mutual insurer and a reciprocal exchange have both tapped into a ...
Berkshire Hathaway's chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to ...
Zurich Insurance Group announced it has agreed with UK specialty insurer Beazley the terms of an all-cash offer to acquire Beazley for $10.9 billion. The aggregate cash deal is expected to be funded ...
Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers ...
In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply, a federal appeals court decided last week in an opinion that clarifies North Carolina ...
Detroit under Donald Trump has rediscovered its love of the big, roaring engine. By gutting climate regulations, the president has freed U.S. automakers to sell as many gas-burning trucks and SUVs as ...
Today, State Farm Mutual Automobile Insurance Company (State Farm Mutual) announced that a $5 billion dividend will be distributed to auto insurance customers. Recent auto insurance rate reductions ...
Commercial property/casualty premiums across all account sizes in the fourth quarter of 2025 were the softest they have been since 2017, according to The Council of Insurance Agents & Brokers ...