Keiretsu No More: What Japan’s Insurance Market Reforms Mean for U.S. Insurers
Long regarded as one of the world's most stable insurance markets, Japan's non-life sector is now experiencing major disruption. Deregulation aimed at unwinding ...
News
Political Risk Cover Demand Rises, Profits Are Strong, but GWP Growth Lags: Report
Demand for political risk insurance is likely to rise by 33 percent due to tariff uncertainty and the instability of the current trading environment, according to Howden's 2025 survey of ...
Travelers Selling Canadian Insurance Businesses Other Than Surety for $2.4B
The Travelers Companies, Inc. announced that it has signed a definitive agreement to sell Travelers Canada's personal insurance business and the majority of its commercial insurance business to ...
NOAA Predicts Above Average 2025 Atlantic Hurricane Season
Forecasters within NOAA's National Weather Service predict above-normal hurricane activity in the Atlantic basin this year. The weather agency's outlook for the 2025 Atlantic hurricane season, which ...
22% Avoid Filing Claims Due to Frustrating Digital Processes: Survey
Poor digital claims experiences are leading some consumers to disengage, according to a survey by cloud-based insurance software provider Insurity. As digital tools become the primary channel for ...
Commercial P&C Industry Leaders Say U/W Primed for Tech Transformation
Digital transformation and on-the-job training are the primary goals for commercial property and casualty (P/C) insurance organizations in 2025, according to this year's Convr Insurance Talent and ...
Southern California Edison to Pay $82.5M to Settle 2020 Bobcat Fire Claims
Southern California Edison (SCE), a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the ...
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property, according to a new report from research firm Marathon ...
While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance
More than two months after a tornado demolished his Mississippi home, Brian Lowery still sifts through the rubble, hoping to find a tie clip his mother gave him, made from the center stone of her ...