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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.
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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.
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For the second year in a row, Brightway Insurance in Ponte Vedra Beach, Florida, has earned a spot as a finalist on Insurance Journal’s Best Agencies to Work For – Southeast list.
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For decades, insurers have leaned on spreadsheets and aging legacy systems to handle one of their most vital tasks: pricing. But as market forces evolve and competitive pressures mount, those once-trusted tools are proving obsolete.
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The U.S. Securities and Exchange Commission alleges that a firm which scooped up struggling retail names like RadioShack and Pier 1 Imports—touting lofty e-commerce ambitions and outsized investor returns—was in fact running a Ponzi-style scheme.
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China’s massive electric-vehicle insurance market is reeling, with losses mounting as insurers’ risk models struggle to keep pace with shifting vehicle economics and changing driver habits.
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ACE American Insurance Co. has filed a lawsuit to recoup the $500,000 it paid after a ransomware attack on a staffing company, arguing that the cloud-computing and cybersecurity firms hired by its policyholder—not the insurer—should be held liable for the loss due to their alleged negligence.
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Marsh McLennan, which mourned the loss of 358 employees in the September 11, 2001 World Trade Center attacks, sent a powerful message in Washington today. Michelle Sartain, a 28-year veteran of the firm, urged lawmakers to renew the Terrorism Risk Insurance Act, underscoring the enduring need for protection against catastrophic threats.
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The Federal Trade Commission has demanded that Alphabet’s Google, OpenAI, Meta Platforms, and four other leading AI chatbot developers provide detailed information on how their technologies affect children.
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Health insurance premiums are poised for a steep climb in 2026, as over 300 ACA marketplace insurers propose average rate hikes of 20%. With premiums rising sharply with age in most states, early retirees who haven’t yet qualified for Medicare could face an even tougher battle to keep their coverage affordable.
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.
