Insurance

American International Group’s announcement last week that it was cutting ties with its incoming president, John Neal, left the insurance world stunned — and sparked a wave of questions about how a seasoned executive could lose a $17 million job before even stepping into the role.

John Neal won’t even get to start at AIG—his tenure ended before it ever began.

According to PwC, more than half of insurance executives believe that generative and agentic AI will be the industry’s most powerful game-changing investments over the next three years.

Breaking political lines, two U.S. Congressmen — one Democrat from Louisiana and one Republican from Mississippi — are joining forces to bring the National Flood Insurance Program (NFIP) back to life.

Johnson & Johnson is under fire again: New cancer lawsuits tied to its famous baby powder have jumped 17% after the company’s latest attempt at a global settlement collapsed in court.

American International Group is making a bold move — the insurance giant has struck a definitive deal to acquire the renewal rights to Everest Group’s $2 billion retail commercial business.

Four weeks into the U.S. government shutdown, the nation’s top disaster relief fund is on the brink of running dry, according to sources and an internal report obtained by Bloomberg.

Thousands of lawsuits, millions of pages of internal records, and endless hours of deposition transcripts are about to hit U.S. courtrooms — posing a serious threat to the future of the biggest social media giants.

In Florida, at least six property insurers are taking their fight with public adjusters to a new level — adding policy endorsements that all but tell homeowners: don’t hire them.