News
Africa Holds Worst Road Safety Record, Despite Having Just 3% of Cars
A deadly car crash in Nigeria involving former heavyweight boxing champion Anthony Joshua and two minibus accidents in South Africa days apart that killed at least 25 people have underlined Africa's ...
Munich Re Launches Pandemic Consortium via Lloyd’s Market
Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd's market initiative which will be focused on offering parametrically triggered catastrophic ...
AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
A state high court has ruled subsidiaries of American International Group (AIG) and Chubb cannot use the so-called "bump-up" exclusion in denying coverage for a settlement in a securities lawsuit. ...
Capgemini to Sell U.S. Unit Linked to ICE
French IT company Capgemini will sell its U.S. subsidiary Capgemini Government Solutions, it said on Sunday, after coming under pressure to explain a contract the latter signed with U.S immigration ...
Security Hole Found in ‘Moltbook’ Social Media Site for AI Agents
A buzzy new social network where artificial intelligence-powered bots appear to swap code and gossip about their human owners had a major flaw that exposed private data on thousands of real people, ...
Retired NASCAR Driver Greg Biffle Wasn’t Piloting Plane Before Deadly Crash
Retired NASCAR driver Greg Biffle was not flying his own jet when it crashed last month, killing him and six others, according to a Friday report from investigators. The preliminary report from the ...
The Hartford Q4 Net Income Up 33% Led by Business Insurance
Net income at The Hartford increased 33% to about $1.1 billion in fourth-quarter 2025. Property/casualty written premiums increased 5% compared to Q4 2024, led by growth of 7% in the business ...
E&S Premium Growth Moderates Through Nine Months of 2025
The U.S. excess and surplus lines market isn't growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance ...