The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the latest signal regulators are pivoting to a more pragmatic stance that leans heavily into the government’s growth agenda. The changes …
CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer. Eckert has been acting as Conduit’s interim CEO since late March 2025, following the retirement of Trevor Carvey. …
By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032.
Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a significant concern for …
Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …
Medical malpractice insurer EmPRO Insurance Co. has opened its first office in Massachusetts. The new Boston office marks EmPRO’s further expansion into the New England market, following prior entries into New Jersey, Pennsylvania and Connecticut. To support its expansion, the …
In a victory for global agrochemical maker Bayer, Georgia has become the second state to shield pesticide manufacturers from some lawsuits claiming that they failed to warn customers of potential dangers. The legislation signed Friday by Georgia Gov. Brian Kemp …
The U.S. Department of Agriculture restored on May 13 some climate change-related webpages that the agency had deleted since President Donald Trump’s inauguration, after being sued by farm and environmental groups, one of the groups said. The Trump administration has …
Italy’s Moltiply Group said on Friday it was suing Alphabet’s Google and seeking damages of 2.97 billion euros ($3.34 billion) for abuse of its dominant market position as previously recognized by the EU Court of Justice. Moltiply operates the popular …
It’s 6:15pm on a Friday night as an SMB insured reaches out to the Converge hotline reporting that its servers are encrypted and its network is down. Only there’s no panic in the caller’s voice. They are confident in their …