In a deep, dark part of the Gulf of Mexico, the number of marine animals plummeted by about 60% in the years following the 2010 Deepwater Horizon explosion, a new study found. In a crucial part of the Gulf between …
CM Vantage has appointed Amy Finnegan as managing director, casualty, bringing excess and surplus lines expertise and leadership to its underwriting organization. In her new role, Finnegan will lead casualty underwriting strategy and help drive profitable growth while working closely …
Attorney General Ken Paxton is suing OpenAI, the maker of ChatGPT, for allegedly deceiving and harming Texans. This is the latest in a flurry of lawsuits filed against Big Tech companies and private corporations by the state’s top lawyer, who …
Third quarter 2026 net income at The Hartford increased 23% to about $1.3 billion. Property/casualty pretax catastrophe losses for the quarter were $198 million compared with $70 million during the same quarter a year ago The Hartford said most losses …
The U.S. domestic cyber insurance market has nearly tripled in size since 2020, with endorsement policies accounting for the largest share of policy counts relative to premium. The observations come from a new report generated by the National Association of …
An apparent explosion caused a fire over the weekend at a Quaker Oats plant in Iowa that the company touts as the largest milling facility in the world. No one was hurt, fire officials said. The Cedar Rapids Fire Department …
Turkiye Sigorta AS shares extended losses after local media reported that two of its top executives were arrested as part of a sweeping probe into allegations of market manipulation in Turkish funds. Chief Executive Officer Taha Cakmak and his deputy …
Recently discovered security flaws in PHP programming language, used by many websites globally, has highlighted the potential for cyber risk aggregation, which has long worried insurers and made them reluctant to aggressively increase their risk appetites, according to the ratings …
Tropical Cyclone Arnab is expected to hit India’s east coast on Wednesday, marking a break in an otherwise calm season that’s been subdued by a severe El Niño. Arnab is currently 859 kilometers (534 miles) southwest of Kolkata, packing top …
Customer satisfaction with total loss auto insurance claims fell for a third straight year, while satisfaction improved for claims involving repairable vehicles, a new study looking at this year shows. Customer satisfaction with total loss claims fell 12 points on …