News
EEOC Moves to End Employer Reporting of Worker Race, Sex Data
The U.S. agency that enforces laws banning workplace discrimination moved to scrap a requirement that employers annually submit data on the race and sex of their workers, which since its adoption in ...
Supply Chain Insurance Is ‘Must-Have’ Cover During Geopolitical Tensions: GlobalData
Supply chain insurance is seen by businesses as must-have protection during periods of geopolitical tensions -- in order to safeguard their daily commercial operations, according to GlobalData, the ...
The Hartford To Acquire Equitable’s Employee Benefits Biz
In a deal designed to boost The Hartford's growth in the small and midsized employer segment, the Connecticut-based insurer announced a deal to acquire Equitable's Employee Benefits business, ...
California Sees 25% Decline in Vehicle Thefts in 2025
California recorded its second consecutive year of declining vehicle thefts in 2025, according to newly released data by the California Highway Patrol (CHP). According to the CHP's 2025 Vehicle Theft ...
Europe’s Wildfire Season Exposes Climate Insurance Gap
Domestic insurers are expected to absorb most of the losses from Europe's worst wildfire season in recent history, but the blazes are also raising a bigger question: who will pay as climate-driven ...
UN, Scientists Warn Strong El Niño Will Add Fuel to ‘Planet Already on Fire’
A strengthening El Niño has already broken records for intensity at its early stages, and it is likely to spark even more wild weather worldwide as it grows, "adding fuel to a planet already on ...
Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk
Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets. Issuance of cat bonds that include exposure to wildfires has already soared to more than ...
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal
American Family Mutual Insurance Co. has agreed to buy all outstanding shares of specialty insurer Bowhead Specialty Holdings Inc. for about $1.2 billion in cash. Under the terms of the transaction, ...