News
Best Quarter in a Quarter Century: S&P GMI U.S. P/C Q3 Analysis
With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market ...
Thanksgiving No. 1 Day of the Year for Cooking Fires in U.S.
Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection ...
Starbucks to Face Shareholder Lawsuit Over Surprise Sales Decline
Starbucks must face a lawsuit claiming it defrauded shareholders by concealing declining sales in the United States and China, its two largest markets, which led to a 16 percent drop in its stock ...
New Female Crash Test Dummy Gets Key Government Endorsement
The U.S. government announced major design changes it wants to implement to make the female version of the vehicle crash test dummy more lifelike, potentially replacing a model used for decades that ...
Executives on the Move at Chubb, Everest Group
Chubb announced that Bill Hazelton has been appointed to Chief Operating Officer for North America Field Operations, effective Dec. 1, 2025. Chubb said Hazelton will have a specific focus on ...
Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed ...
Buffett-Owned Utility Reaches $150M Oregon Wildfire Settlement
PacifiCorp, owned by Warren Buffett's Berkshire Hathaway, said on Wednesday it reached a $150 million settlement with 1,434 plaintiffs who blamed the utility for starting the 2020 Labor Day weekend ...
Hurricane Melissa Registered the Strongest Wind Gust Ever in the Atlantic
Breaking Hurricane Allen's record of 190 MPH wind gust in 1980, Melissa registered 252 MPH, according to NSF NCAR's measurement. NSF NCAR is sponsored by the U.S. National Science Foundation and ...