Industry News
Preliminary Hurricane Melissa Estimates Tally Insured Losses Between $1.5B-$5B
As Jamaica and Cuba continue to pick up the pieces in the aftermath of Hurricane Melissa, the third Category 5 hurricane of the 2025 Atlantic season, new insured property loss figures range between ...
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth.
Deaths and Illnesses Reported in Listeria Outbreak Tied to Recalled Pasta Meals
Two new deaths and seven more illnesses have been reported in an expanding outbreak of listeria food poisoning tied to recalled pasta meals sold at grocery stores including Walmart and Trader Joe's ...
AIG General Insurance Underwriting Income Up 81% in Q3
Third-quarter 2025 underwriting income in American International Group's (AIG) General Insurance segment increased 81 percent compared with last year, to $793 million. The unit—North America ...
Forrester: Cyber Insurance Will Grow by 15% in 2026
Forrester Research predicts written cyber insurance premiums will rise 15 percent in 2026 as new artificial intelligence threats and data demands emerge. In a new report, analysts at the global ...
Tariff-Linked Class Action Suits to Boost D&O Insurance Demand
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor ...
Insurance Tech Firm Exzeo Raises $168M in U.S. IPO
Insurance technology firm Exzeo Group raised $168 million in its U.S. initial public offering on Tuesday, pricing its shares within its marketed range and becoming the latest insurance company to ...
Chubb Group Vice Chair Lupica to Retire at 2025 End
John Lupica, vice chairman of Chubb Group and executive chair of North America Insurance, is retiring at the end of the year. John Keogh, president and chief operating officer of Chubb Group, will ...
UBS Warns of Systemic Risk From Weak U.S. Insurance Regulation
UBS Group AG's chairman warned against looming risks in the U.S. insurance industry, citing weak and complex regulations amid an unprecedented boom in private financing. "We're beginning to see huge ...