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On Friday, the European Union approved its 18th sanctions package against Russia in response to the ongoing war in Ukraine, introducing additional measures designed to inflict further damage on Russia’s oil and energy sectors.
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As natural disaster losses continue to rise, bridging the so-called protection gap will require strong collaboration between the public and private sectors—not limited to the insurance industry—according to the head of a global organization of insurance supervisors.
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A cockpit voice recording from the ill-fated Air India Flight 171 reveals that the junior co-pilot questioned the senior pilot about switching off the aircraft’s fuel supply, according to sources familiar with the investigation.
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Oscar Rafael Ruiz spent 2023 and 2024 globe-trotting, losing luggage again and again—and claiming close to $300,000 from travel insurers along the way.
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Swiss Re warns that U.S. tariff policies are undermining trade and stoking geopolitical tensions, contributing to a broader slowdown in global growth and, in turn, insurance premium expansion.
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New York City Mayor Eric Adams has enacted a new law that reduces the mandatory auto liability insurance coverage for for-hire vehicles.
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India’s deadliest plane crash in over a decade is poised to send shockwaves through the aviation insurance sector, potentially resulting in one of the nation’s most expensive claims, estimated at approximately $475 million.
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Analyzing the appeal of AI-related stocks – companies like Meta, Nvidia, and CoreWeave continue to demonstrate long-term strategic advantages.
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In recent weeks, insurance fraud investigators across states from North Carolina to Florida have been active, leading to the arrests of firefighters, suspected auto-crash scammers, and a man who allegedly filed a false claim after his car fatally struck a pedestrian.