News
Latest Info on Food Poisoning Illnesses Caused by Listeria
A listeria outbreak linked to ready-to-eat sandwiches and snacks has sickened at least 10 people in the U.S., and a producer is voluntarily recalling dozens of products sold to retail stores, ...Too Late? S&P Downgrades State Farm General (Updated)
Standard & Poor's Global Ratings announced a two-notch downgrade of State Farm General on May 13—on the same day that California's regulator approved an interim emergency homeowners rate ...State Farm’s Emergency Homeowners Rate Hike Gets OK in California
State Farm General can move ahead with a proposal to raise California homeowners rates on an emergency interim basis, following years of financial stresses that depleted its surplus and billions of ...
The Latest Launches: Chubb, Zurich, FM, QBE NA and More
The biggest news of this year's Berkshire Hathaway annual meeting came during the last few minutes, when Chair Warren Buffett made a surprise announcement that he would recommend the CEO reins be ...
2024 P/C Insurance Combined Ratio: Best in More Than a Decade
With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry's aggregate 2024 combined ratio was 96.5—marking the lowest ...
Bermuda Absorbed $10B of California’s Wildfire Losses
According to data collected by the Bermuda Monetary Authority, Bermuda's insurers and reinsurers expect to pay nearly $10 billion in gross claims to U.S. policyholders and cedents for claims from the ...
FEMA Cuts Emergency Training Ahead of Hurricane Season
The U.S. federal disaster agency FEMA has sharply reduced training for state and local emergency managers ahead of the start of the hurricane season on June 1, according to current and former ...
Free Calculator Helps Businesses Estimate Their Cyber Risk
A new cyber risk calculator offers organizations a chance to review their risk in financial terms, according to its creator Resilience, a company offering cyber risk products to fit the needs of ...

