Industry News
Lawmakers Press FEMA on the Future of U.S. Flood Insurance
Two Democratic lawmakers are pressing the Trump administration about its management of the National Flood Insurance Program after cuts at the agency that runs it, the Federal Emergency Management ...
Revenues Surge as Insurance IPOs Fire Up, But Aftermarket Returns Lag
Ethos Technologies recorded a 55 percent jump in revenue in the first half of 2025, according to its U.S. initial public offering paperwork filed on Friday, as the insurance IPO market continues its ...
Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards
The exponential growth of liability claims costs and social inflation in the United States is being driven, in part, by changing juror sentiment and shifts in societal norms, according to analysis ...
Firms Expect to Modify EPL Coverage as Claims Persist
A new survey indicates employers expect to see more employment-related claims within the next year, according QBE North America's Employment Practices Liability Report. The report, based on a survey ...
Newman Named CEO of ACORD Solutions Group
ACORD announced that Chris Newman has been appointed chief executive officer of ACORD Solutions Group (ASG). Newman brings extensive global experience to the role, having led (re)insurance company ...
National Flood Insurance Program Once Again on the Verge of Expiration
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with ...
Cyber Threats Continue to Target SMEs, While Large Firms Face Greatest Costs: Report
The latest NetDiligence Cyber Claims Study revealed that small to medium enterprises (SMEs) account for the vast majority of claims (98 percent), with large companies (2 percent of the dataset) ...
Insurers Fighting $345M Georgia School Abuse Award, With Policy Wording at Issue
In one of the grimmest, longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether ...