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  • Marsh Sues Alliant Over Alleged Poaching of Surety Team and Key Accounts

    Marsh Sues Alliant Over Alleged Poaching of Surety Team and Key Accounts

    July 07, 2025 | 10:18pm

    Marsh USA has filed a lawsuit against competitor Alliant Insurance Services, accusing the firm of unlawfully poaching critical commercial surety staff and clients.
  • NYC Mayor Adams Approves Bill Easing Insurance Mandates for For-Hire Vehicles

    NYC Mayor Adams Approves Bill Easing Insurance Mandates for For-Hire Vehicles

    July 07, 2025 | 08:15am

    New York City Mayor Eric Adams has enacted a new law that reduces the mandatory auto liability insurance coverage for for-hire vehicles.
  • Reinsurance Prices Ease Amid Surplus Capacity and Slower Cedent Demand, Say Brokers

    Reinsurance Prices Ease Amid Surplus Capacity and Slower Cedent Demand, Say Brokers

    July 05, 2025 | 09:21pm

    Robust returns in the reinsurance sector are drawing in fresh capital, resulting in more favorable pricing for buyers. However, brokers’ renewal reports note that underwriting discipline remains firmly in place.
  • Zurich Insurance Bolsters Tech Offerings Through BOXX Acquisition

    Zurich Insurance Bolsters Tech Offerings Through BOXX Acquisition

    July 04, 2025 | 09:50pm

    Zurich Insurance Group AG has announced its acquisition of BOXX Insurance Inc., a Canadian company specializing in cyber risk management, marking the Swiss insurer’s latest strategic move to strengthen its presence in the insurtech space.
  • Insurers Gear Up for the AI-Driven Decision-Making Era

    Insurers Gear Up for the AI-Driven Decision-Making Era

    July 03, 2025 | 09:00pm

    The adoption of artificial intelligence in insurance is less a sprint to the finish than a scramble to reach the starting line, experts say.
  • Nationwide Finalizes $1.25 Billion Acquisition of Allstate’s Stop-Loss Division

    Nationwide Finalizes $1.25 Billion Acquisition of Allstate’s Stop-Loss Division

    July 03, 2025 | 09:03am

    Nationwide announced the successful completion of its $1.25 billion acquisition of Allstate’s Group Health business segment. The deal was initially announced in January.
  • Philadelphia Insurance Restores Operations Following Network Outage

    Philadelphia Insurance Restores Operations Following Network Outage

    July 03, 2025 | 08:48am

    Philadelphia Insurance announced that its operations have been fully restored after experiencing a network outage.
  • Hiscox Launches Digital Insurance for Small Cargo and Stock Throughput Risks

    Hiscox Launches Digital Insurance for Small Cargo and Stock Throughput Risks

    July 02, 2025 | 09:50pm

    Hiscox, the Bermuda-based global specialist insurer, has introduced a new API-driven Cargo solution, designed to underwrite small cargo and stock throughput risks through its network of broker partners.
  • Maryland Woman Accused of Embezzling Contractor and Insurance Funds

    Maryland Woman Accused of Embezzling Contractor and Insurance Funds

    July 02, 2025 | 09:18pm

    A Maryland woman has been indicted on two felony theft charges for allegedly misappropriating funds from a general contractor and the state’s backup auto insurance provider.
  • What’s the Real Price of a Heat Wave? Insurers and Executives Want Answers

    What’s the Real Price of a Heat Wave? Insurers and Executives Want Answers

    July 02, 2025 | 08:51pm

    When hurricanes or wildfires hit, the economic toll is immediately apparent — torn-off roofs and scorched homes starkly mark the devastation.
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