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The U.S. National Hurricane Center (NHC) successfully forecast Hurricane Erick’s dramatic intensification as it neared the Pacific coast of Mexico.
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Lloyd’s has issued a statement commending the decision to remove Section 899 from the Republican reconciliation bill—a provision that, if enacted, could have imposed significant additional taxes on the U.S. income of businesses domiciled outside the country.
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One of the most successful hedge fund strategies in recent years—insurance-linked securities—is embracing a classic concept that has suddenly surged back into favor.
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The UK government is set to introduce regulatory reforms aimed at establishing a promising new insurance market valued at billions of pounds, as part of its efforts to enhance national competitiveness.
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Two additional property insurers have entered the Florida market this summer, raising the total number of new carriers joining the state since 2023 to 14
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Erie Insurance has restored customer access to online accounts, including billing services, as it continues to recover from its recent network outage.
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Insurers in the marine, aviation, cyber, and terrorism sectors are facing mounting underwriting pressures and potential accumulation losses amid escalating hostilities between Iran and Israel, according to Morningstar DBRS.