News
A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance: Morningstar
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires "a significant stress event" for ...
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization
Risk appetite among high-net-worth individuals has dropped sharply, according to a new high-net-worth outlook from HUB International. Per the report, only 25 percent of HNW individuals are willing to ...
Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 ...
First Atlantic Hurricane Forecast for 2026 Suggests Season Close to 30-Year Norm
Last month, Tropical Storm Risk issued its first prediction for the 2026 Atlantic Hurricane Season, with three intense and seven total hurricanes expected. The seasonal prediction, which also ...
Middle Market M&A Deals Expected to Rise: Survey
M&A activity is expected to rise among midsize companies as private equity firms become more willing to do deals, according to a Citizens Financial survey of about 400 companies. Executives at ...
Silicon Valley Summit Highlights Humanoid Robots, But Skepticism Remains
Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive, and "boring, honestly," says venture capitalist Modar Alaoui. But the commercial boom in ...
Breaking: Andersen to Replace Zaffino as CEO of AIG on June 1
American International Group Inc. announced that Chair and CEO Peter Zaffino will transition to Executive Chair of AIG and retire as CEO by midyear and that industry veteran Eric Andersen will take ...
Aon Extends Employment Agreement With CEO Case
Aon Corp. said it has extended its contract with President and CEO Greg Case through 2030. Case's contract was previously set to end on April 1, 2028. Case has led the brokerage, among the world's ...