The surge of insurance capital into private markets is boosting hiring and pay deals in the sector despite recent jitters, with senior managing directors asking for pay packets of $2.5 million and above. Those are some of the findings in …
Commercial property/casualty premiums across all account sizes in the fourth quarter 2025 were the softest they have been since 2017, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Overall, premiums across all account sizes rose by …
Roughly 10,000 luxury watches were registered as lost or stolen in 2025, equating to more than one watch an hour registered on a tracking plaform every hour. That’s according to The Watch Register, a database used by watch dealers, jewelers, …
Insurtech Hippo posted fourth-quarter 2025 net income of $6 million, compared with $44 million a year ago during the same period. San Jose, California-based said last year’s Q4 results included the a gain from it sale of a majority stake …
Wynn Resorts on Tuesday said hackers had obtained employee data and that the company was investigating the breach. Michael Weaver, Wynn’s chief communications officer, said in an email Tuesday that the company learned that “an unauthorized third party acquired certain …
Cybercriminals are prioritizing long-term leverage over immediate disruption, according to a new report showing that in the second half of 2025, more than two-thirds of ransomware attacks leveraged data theft and not encryption. Cyber insurance claims data from Resilience shows …
BMW is recalling 58,713 vehicles in the U.S. due to a wiring harness for the air conditioning system that may be damaged and cause a short circuit, the U.S. National Highway Traffic Safety Administration said on Wednesday. The recall covers …
Switzerland will pay victims of the deadly bar fire in the Crans-Montana ski resort a “solidarity contribution” of 50,000 francs ($64,500) after the government concluded that the current support system for the affected is insufficient. The sum will be paid …
The Mexican army killed the country’s most powerful cartel leader and one of the United States’ most wanted fugitives, notching a major victory while cartel members responded with a wave of violence across the country. The killing Sunday of Jalisco …
Elitium, a UK-based specialist MGA incubated by Mission Underwriters, has been launched to provide commercial combined insurance for select trades within the manufacturing sector, as well as property cover for well-maintained unoccupied residential and commercial properties. The MGA’s commercial combined …