31 12, 2025

China Lashes Out at Criticism as Taiwan Drills Seem to Wind Down

By | December 31st, 2025|Uncategorized|Comments Off on China Lashes Out at Criticism as Taiwan Drills Seem to Wind Down

China blasted Western criticism of its most intrusive drills ever around Taiwan as its armed forces appeared to wrap up the maneuvers. The Taiwan question was an “internal affair” and “no country is entitled to make irresponsible comments” about the …

31 12, 2025

AI, Litigation Funding and Market Currents: What CM Readers Cared About in 2025

By | December 31st, 2025|Uncategorized|Comments Off on AI, Litigation Funding and Market Currents: What CM Readers Cared About in 2025

As 2025 unfolded, Carrier Management readers gravitated toward features that explored the intersection of technology, economics, and strategy. From artificial intelligence transforming underwriting to litigation funding reshaping claims costs, and regulatory shifts redefining market dynamics, here are the 10 most-viewed …

31 12, 2025

Coupang Offers $1 Billion Compensation for Data Breach Victims

By | December 31st, 2025|Uncategorized|Comments Off on Coupang Offers $1 Billion Compensation for Data Breach Victims

Coupang is offering compensation worth more than $1 billion to all customers affected by South Korea’s biggest-ever data breach. The country’s biggest online retailer said on Monday it would soon start offering vouchers worth up to 50,000 won ($35) to …

31 12, 2025

Brown University Faces US Probe Over Security After Deadly Shooting

By | December 31st, 2025|Uncategorized|Comments Off on Brown University Faces US Probe Over Security After Deadly Shooting

Brown University placed its campus police chief on administrative leave and the Trump administration announced an investigation into the school’s security measures after a shooting rampage this month that killed two students and injured nine others. The Education Department’s Office …

31 12, 2025

Nationwide Spending $100M on AI to Beef up Claims Efficiency, Customer Experience

By | December 31st, 2025|Uncategorized|Comments Off on Nationwide Spending $100M on AI to Beef up Claims Efficiency, Customer Experience

When an insurance giant like Nationwide undertakes a revamp of its claims operation with artificial intelligence and new technology, there has to be some noteworthy things to say about it. The Columbus, Ohio-based insurance and financial services company, which offers …

31 12, 2025

Severity Was Up, But Will Falling Claims Volume Impact the Profession?

By | December 31st, 2025|Uncategorized|Comments Off on Severity Was Up, But Will Falling Claims Volume Impact the Profession?

The average claim severity during the third quarter 2025 could turn out to be one of the highest quarterly amounts in recent history, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe …

30 12, 2025

Aflac Says 22.6M People Affected by Cyber Incident Earlier This Year

By | December 30th, 2025|Uncategorized|Comments Off on Aflac Says 22.6M People Affected by Cyber Incident Earlier This Year

Aflac said its investigation has revealed a cybersecurity incident discovered six months ago affected more than 22.6 million individuals. The Columbus, Georgia-based health and life insurer said in a statement earlier this month that it has started to notify impacted …

31 12, 2025

Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup

By | December 31st, 2025|Uncategorized|Comments Off on Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup

A shipment of lobster meat worth $400,000 that was being held in a Massachusetts cold storage facility never made it to the Costco stores in the Midwest where it was supposed to be delivered. Instead, it appears it was stolen …

30 12, 2025

Abundant Reinsurance Capacity Accelerates Market Softening During 1/1 Renewals

By | December 30th, 2025|Uncategorized|Comments Off on Abundant Reinsurance Capacity Accelerates Market Softening During 1/1 Renewals

Expanded reinsurance capacity resulted in accelerated softening of pricing across many lines during the January 1, 2026 renewals, according to a report issued by Guy Carpenter, the reinsurance business of Marsh. Carpenter described a “softening market shaped by capital growth, …

31 12, 2025

Tech Update: Zurich Launches AI-Powered Tool to Boost Multinational Contract Certainty

By | December 31st, 2025|Uncategorized|Comments Off on Tech Update: Zurich Launches AI-Powered Tool to Boost Multinational Contract Certainty

Zurich Insurance Group has launched Zurich Program IQ to help multinational businesses operate with confidence in an increasingly complex risk environment. This new AI-powered tool has been designed to further enhance contract certainty of multinational insurance programs across multiple regions, …