News
California Utility Fund to Compensate Victims of January’s Deadly Eaton Fire Near LA
Southern California Edison announced last week that it will create a program to compensate victims of January's devastating Eaton Fire near Los Angeles, even as the cause of the blaze that killed 19 ...
Fewer Insureds Shopping, More Switching, Says JD Power
Shopping slowed, but switching endures. That's according to a recent report from J.D. Power, assessing insureds' shopping habits for auto, home and renters insurance in Q2 2025. Overall shopping ...
Some Large Accounts Start Seeing Chubb’s Back as It Focuses on Middle, Small
The global middle market and small commercial is where it's at for Chubb, according to its CEO. "The pattern of growth and opportunity continues," Evan G. Greenberg said on a call with analysts to ...
Green Bond Issuance Dives Almost a Third Amid Global Climate Backtracking
The amount of "green" bonds sold by governments, banks, and companies has slumped by almost a third this year amid the rollback of climate change policies in the United States and Europe, new figures ...
U.S. Firms Adopting Zero Trust Cybersecurity Architecture for Resilience: Report
Zero trust architecture is gaining significant traction in the U.S. as companies seek to protect resources across ever-widening security perimeters, according to a report from ISG. Cloud migration ...
FEMA Pushes Back on Criticism, Says Texas Flood Response ‘a Model’ for Disaster Response
The acting administrator of the Federal Emergency Management Agency is pushing back on criticisms of the federal response to the central Texas floods that killed at least 136 people earlier this ...
Executives on the Move at Everest, MS Amlin and Aspen
Everest Group Ltd., the Bermuda-based property, casualty and specialty re/insurer, announced the promotion of Jill Beggs to executive vice president and chief executive ...
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the ...