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18 02, 2026

ITRC: Data-Breach ‘Transparency Is on Life Support’

By | February 18th, 2026|Uncategorized|Comments Off on ITRC: Data-Breach ‘Transparency Is on Life Support’

An annual report for the Identity Theft Resource Center has found that there were a record 3,322 compromises of data in in the United States 2025, but there has been a significant decline in consumer notifications. According to ITRC’s Annual …

19 02, 2026

Startups in Britain Turn to AI Instead of Costly New Hires

By | February 19th, 2026|Uncategorized|Comments Off on Startups in Britain Turn to AI Instead of Costly New Hires

British entrepreneurship appears to be on the rise, with tens of thousands of new businesses popping up. The problem, for workers, is that these startups are increasingly using artificial intelligence and freelancers instead of taking on permanent staff. New firms …

20 02, 2026

State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in Sewage Backup

By | February 20th, 2026|Uncategorized|Comments Off on State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in Sewage Backup

Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also …

20 02, 2026

Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

By | February 20th, 2026|Uncategorized|Comments Off on Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

More than two-thirds of independent agencies plan to increase use of artificial intelligence in the next 12 month though just 8% said AI is currently embedded in their daily workflows, according to a new report from The Big “I” Agents …

20 02, 2026

Duffy Will Brief Congress Next Week on El Paso Shutdown

By | February 20th, 2026|Uncategorized|Comments Off on Duffy Will Brief Congress Next Week on El Paso Shutdown

Transportation Secretary Sean Duffy said he will brief lawmakers on Capitol Hill next week about the temporary closure of airspace around El Paso, Texas, earlier this month. Duffy told reporters Friday that he stood behind the Federal Aviation Administration’s decision, …

18 02, 2026

Verisk Downplays AI Disruption Fears as Quarterly Profit Beats Estimates

By | February 18th, 2026|Uncategorized|Comments Off on Verisk Downplays AI Disruption Fears as Quarterly Profit Beats Estimates

Verisk’s fourth-quarter profit topped Wall Street expectations on Wednesday, with CEO Lee Shavel touting the quality of the firm’s proprietary data sets amid concerns around AI-driven disruption to the information services business model. The data analytics firm, which also provided …

19 02, 2026

Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley

By | February 19th, 2026|Uncategorized|Comments Off on Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley

Zurich Insurance Group AG’s profit rose to a record in 2025, giving Chief Executive Officer Mario Greco a tailwind as he pursues the acquisition of Beazley Plc. Group operating profit rose to $8.9 billion in the year, the company said, …

20 02, 2026

Building Fortification And The Role of The Insurance Industry

By | February 20th, 2026|Uncategorized|Comments Off on Building Fortification And The Role of The Insurance Industry

There has been a lot of recent conversation throughout the insurance industry around resiliency fortification efforts and how to help facilitate them. For claims leaders, this is a particularly important conversation because the level of resiliency of the structures in …

20 02, 2026

New York Governor Hochul Pulls Robotaxi Expansion Proposal

By | February 20th, 2026|Uncategorized|Comments Off on New York Governor Hochul Pulls Robotaxi Expansion Proposal

New York Governor Kathy Hochul has pulled her proposal to allow commercial robotaxi services in smaller cities outside New York, a spokesperson for the governor said on Thursday. “Based on conversations with stakeholders, including in the legislature, it was clear …

18 02, 2026

Business Moves: BayPine to Acquire Broker Relation From Aquiline

By | February 18th, 2026|Uncategorized|Comments Off on Business Moves: BayPine to Acquire Broker Relation From Aquiline

Private equity firm Aquiline Capital said it has entered into a definitive agreement to sell independent insurance broker Relation to investment firm BayPine. Chicago-based Relation was ranked No. 24 in Insurance Journal’s Top 100 Independent Property/Casualty Agencies report with about …