News
Executives on the Move at AIG, HDI, Everest Group and The Andover Cos.
American International Group (AIG) announced that Nancy Bewlay has been named executive vice president, global chief underwriting officer, effective September 8, 2026. Bewlay will report to Eric ...
Illinois Could See Highest Catastrophe Claim Volume in a Decade: State Farm
Severe weather activity is putting Illinois on pace for the highest catastrophe claim volume in a decade, according to an analysis by State Farm. As of June 19, State Farm customers in Illinois have ...
Agent-Carrier Relationships Improving, Survey Shows
Maybe it's the result of a softer market. Or maybe deliberate carrier investments in agency relationships are paying off. First Connect Chief Executive Officer Aviad Pinkovezky tossed out the two ...
Ford Recall Covers 741,000 U.S. Vehicles Due to Potential Park System Defect
Ford is recalling 741,195 vehicles in the U.S. over a transmission defect that can damage the park system, which in turn could result in vehicles rolling away, the U.S. National Highway Traffic ...
NY Man Sentenced for Fencing Organized Crime Ring’s $4.4M Jewelry Theft
A Brooklyn, New York, man was sentenced last week for fencing stolen jewelry taken from stores and kiosks across the country, according to the United States Attorney's Office for the District of ...
Recreational Marijuana Can Be Sold in Virginia Retail Stores Beginning in 2027
Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users. State budget legislation enacted Monday ...
Travelers Builds Insurance-Specific LLM
The Travelers Companies, Inc. announced this week that engineers and data scientists have developed TravelersLLM, a proprietary large language model tailored to its property/casualty business. ...
Clyde & Co Survey Shows Rapid Escalation of AI, Geopolitical Risks
Technology is moving extremely fast, and a recent Clyde & Co survey of global business leaders has found that associated risks are weighing heavily. According to the law firm's latest Corporate ...