News
EY and IIF: Four in Five CROs Rank Cyber Among Top Risks
Eighty percent of insurance chief risk officers rank cyber among their top five risks, according to a new report from EY and the Institute of International Finance. That was up 14 percentage points ...
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners ...
AIG Completes CEO Succession Plan; Anderson to Take Reins
American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc's executive committee, ...
Commercial Lines Rates Continue to Soften, Says Ivans Index
Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. "Q1 sets an important baseline for 2026, ...
More Than $250M in FEMA Funds Earmarked for Flood Mitigation
More than $250 million in funding to help states prevent damage from future flood disasters was announced last week by the Federal Emergency Management Agency (FEMA). The funds, distributed through ...
Despite 5% Decrease in Crimes, Estimated Q1 2026 Cargo Theft Loss Costs Remain High
There were 767 recorded supply chain crimes across the United States and Canada in the first quarter of 2026, a 5.3 percent decrease from Q1 2025 and a 12.2 percent decline from Q4 2025, according to ...
NTSB: Runway Safety System Not Activated Before Fatal Plane, Fire Truck Collision
The National Transportation Safety Board said Thursday a key runway safety system failed to activate before a March 22 fatal collision between an Air Canada Express jet and a fire truck at New York's ...
Lack of Insurance Payments for Ohio Derailment, Merger Down Norfolk Southern’s Profit By 27%
Norfolk Southern railroad's first-quarter profit fell 27% because it didn't collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific ...