News
Chubb Q2 Net Down 3.8%; Large E&S Property ‘Overly Soft’: CEO
Second-quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about $2.85 billion, with property/casualty underwriting income up 18.8% to about $1.9 billion. ...
Arizona Highlights 24% Reduction in Vehicle Thefts YoY
Despite a vehicle being stolen every 41 minutes in the state, the Arizona Automobile Theft Authority (AATA) reported a 24% decrease in year-to-date vehicle thefts compared with the first half of ...
AI ‘Kill Switch’ Bill Floated by U.S. House Lawmakers
The legislation, called the "AI Kill Switch Act," is backed by Democrat Ted Lieu and Republican Nathaniel Moran. It would empower the U.S. Department of Homeland Security to intervene in what the ...
Overstored Pool Chemicals, Corroded Sprinklers Led to Georgia Chemical Plant Fire: Report
More than twice the amount of swimming pool chemicals as planned were improperly stored at a Georgia plant, setting conditions for a fire in 2024 that sent a huge plume of orange and black smoke into ...
Lloyd’s of London Says Former CEO Neal Breached Compliance Rules
Lloyd's of London said former Chief Executive Officer John Neal breached its compliance rules after failing to disclose a close relationship that could have been perceived as creating a potential ...
Secondary Perils Responsible for Virtually All 2025 Nat-Cat Insured Losses in North America: Swiss Re
Wildfires and severe convective storms dominated North America's natural catastrophe losses last year, according to a recent report from Swiss Re Institute. In the absence of a major U.S. hurricane ...
Executives on the Move at Chubb and Kemper Corporation
Chubb Limited announced key executive appointments to its global reinsurance business, Chubb Tempest Re. James Wixtead, who is currently senior vice president, Chubb Group, and president, Chubb ...
Liberty Mutual Introduces Its Newest Brand Character: Liberty Biberty
Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm, fuzzy feeling you get when you have great coverage at a great ...