News
Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86
Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago. The result this year ...
‘Soft Market Under Stress’ Offers Unique ‘Moment’ for Insurance Buyers
A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon. ...
Smarty Turns FEMA Hazard Scores Into Address-Level Risk Intelligence
Smarty, an address intelligence provider, announced the launch of its U.S. Property Risk Data product. The new API-based solution transforms FEMA's National Risk Index (NRI) into structured, ...
Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance
The National Association of Mutual Insurance Companies (NAMIC) is supporting a bill first introduced more than 18 months ago to limit the authority of the Consumer Financial Protection Bureau and ...
Hybrid Work, Cybersecurity Threats Expose Urgent Gap in Device Management: Warning
Despite businesses facing escalating cybersecurity threats and increasing device complexity brought on by hybrid work models, new insights from global IT research and advisory firm Info-Tech Research ...
8.8 Russia Quake Triggers Tsunami Warnings for Hawaii, California
A very powerful magnitude 8.8 earthquake off Russia's Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away as French Polynesia and Chile, and was followed by an eruption of ...
Future Cheyenne AI Data Center Will Use More Power Than All Wyoming Homes Combined
An artificial intelligence data center that would use more electricity than every home in Wyoming combined before expanding to as much as five times that size will be built soon near Cheyenne, ...
Markel Insurance Selling Reinsurance Renewal Rights to Nationwide
In separate announcements late Wednesday, Markel Group and Nationwide revealed that Markel Insurance is running off its global reinsurance business and selling renewal rights to the $1.2 billion book ...