News
Making Auto Insurance Affordable: Industry Executives Celebrate Florida Reforms
During earnings conference calls this week—one on Election Day, and the other two days later—leaders of two large personal lines insurers commented on affordability issues, highlighting the ...
AXA Announces Death of Its Founder Claude Bébéar at 90
AXA announced that Claude Bébéar, its founder and honorary chairman, has passed away at the age of 90. In less than one generation, Claude Bébéar transformed "a small mutual insurance company in ...
Preliminary Hurricane Melissa Estimates Tally Insured Losses Between $1.5B-$5B
As Jamaica and Cuba continue to pick up the pieces in the aftermath of Hurricane Melissa, the third Category 5 hurricane of the 2025 Atlantic season, new insured property loss figures range between ...
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth.
U.S. Sees Air Safety Risks as Government Shutdown Hurts Flying
Transportation Secretary Sean Duffy said he'd close U.S. airspace if officials determined air travel was dangerous, as the government shutdown stretches into its second month. "If we thought that it ...
Deaths and Illnesses Reported in Listeria Outbreak Tied to Recalled Pasta Meals
Two new deaths and seven more illnesses have been reported in an expanding outbreak of listeria food poisoning tied to recalled pasta meals sold at grocery stores including Walmart and Trader Joe's ...
Toyota Recalls More Than 1M U.S. vehicles Over Rear Camera Flaw, Crash Risk
Toyota Motor said Wednesday it is recalling 1.02 million vehicles in the United States due to a flaw that may cause a rear-view camera to fail, boosting the risk of a crash. The recall covers certain ...
UN Finds Nations’ Climate-Fighting Efforts Still Fall Short
All nations of the world had homework this year: submit new-and-improved plans to fight climate change. But the plans they handed in "have barely moved the needle" on reducing Earth's future warming, ...
AIG General Insurance Underwriting Income Up 81% in Q3
Third-quarter 2025 underwriting income in American International Group's (AIG) General Insurance segment increased 81 percent compared with last year, to $793 million. The unit—North America ...