News
Jury Decides Norfolk Southern Should Pay $600M Settlement in 2023 Ohio Derailment
The company that owned the rail car that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million settlement Norfolk Southern agreed to with ...
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend
Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance ...
Keeping Humanity Alive in Tech-Forward Insurance Teams
As insurance leaders gain a better handle on the challenges of embracing technology, another challenge is emerging: making sure technology doesn't replace humanity in team building. "The biggest ...
Federal Bill Seeks to Block Speed Limiter Requirement on Trucks, Buses
Federal legislation has been reintroduced to block the Federal Motor Carrier Safety Administration from mandating speed-limiting devices on large trucks and buses. Reintroduced in the House by Rep. ...
Cyber Crime Costs Increased to $16B in 2024
Cyber crime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday. The figure were collated by the ...
Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Areas of California
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state's ...
Markel Insurance Restructures Markel Specialty, Appoints Leaders
Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and ...
No Escape From Tariffs — Not Even for D&O Liability Insurers
While property/casualty insurance executives are largely focused on the impacts of tariffs on short-tail lines like personal auto and property, investment market jitters ...
