Industry News
MAPFRE Denied Injunction Against AAA Auto Insurance Sales in Massachusetts
MAPFRE Insurance has been denied a preliminary injunction to keep AAA Northeast from selling auto insurance policies in Massachusetts in what the insurer says is a violation of an exclusive marketing ...
Data Center Boom Offers Organic Growth Opportunities for Brokers Like Aon, Marsh
The global boom in the construction of data centers – driven by the growth of generative artificial intelligence (AI) and machine learning – is creating organic growth opportunities for major ...
Munich Re Launches Pandemic Consortium via Lloyd’s Market
Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd's market initiative which will be focused on offering parametrically triggered catastrophic ...
AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
A state high court has ruled subsidiaries of American International Group (AIG) and Chubb cannot use the so-called "bump-up" exclusion in denying coverage for a settlement in a securities lawsuit. ...
The Hartford Q4 Net Income Up 33% Led by Business Insurance
Net income at The Hartford increased 33% to about $1.1 billion in fourth-quarter 2025. Property/casualty written premiums increased 5% compared to Q4 2024, led by growth of 7% in the business ...
E&S Premium Growth Moderates Through Nine Months of 2025
The U.S. excess and surplus lines market isn't growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance ...
North American Risk Professionals See Average 11% Salary Increase
Risk professionals' salaries have increased an average of 11% since 2023, with chief risk officers/vice presidents of risk management seeing increases of 16%. The increases and other trends in risk ...
Flood Risk Misconceptions Drive Underinsurance: Chubb
A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action and coverage misconceptions, according to Chubb's Flood Risk and Resilience ...