Insurtech Hippo posted third quarter 2025 net income of $98 million compared with a net loss of $9 million a year ago during the same period. San Jose, California-based Hippo’s Q3 combined ratio improved to 100—a 28-point improvement from Q3 …
A man officials say headed a Pennsylvania-based vehicle title-washing criminal enterprise has been arrested in Mexico — after three months as a fugitive, according to Attorney General Dave Sunday. The attorney general filed charges in August against Anthony E. Troncoso …
A United Parcel Service Inc. freighter jet crashed and exploded shortly after takeoff on Tuesday from Louisville, Kentucky, killing three crew members and at least four people on the ground. Video circulating on social media showed the Honolulu-bound McDonnell Douglas …
Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk. The Category 5 hurricane made landfall in southwestern Jamaica last week, the Caribbean nation’s …
Connecticut’s insurance regulator has approved an industry filing that will lower workers’ compensation rates beginning January 1, 2026. The new voluntary market rates will reflect an average 3.8% decrease in loss costs. The rate for assigned risk will fall an …
Marsh McLennan Agency (MMA) announced the acquisition of Hayden Wood Insurance Agency Inc., a Southborough, Massachusetts-based independent agency. Terms of the acquisition were not disclosed. The Hayden Wood Insurance Agency was founded in 1946 by Hayden R. Wood, Sr. upon …
Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments, a growing campaign that could end up costing companies and consumers billions of dollars, according to new cybersecurity research. Sunnyvale, California-based Proofpoint Inc. said …
The nation’s largest police fleet of Tesla Cybertrucks is set to begin patrolling the streets of Las Vegas in November thanks to a donation from a U.S. tech billionaire, raising concerns about the blurring of lines between public and private …
The recent escape of several research monkeys after the truck carrying them overturned on a Mississippi interstate is the latest glimpse into the secretive industry of animal research and the processes that allow key details of what happened to be …
Tompkins Financial Corp. has closed on the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (TIA), to Arthur J. Gallagher & Co. for approximately $223 million in cash. The transaction generates a pre-tax gain of $183 million, the …