24 03, 2026

NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?

By | March 24th, 2026|Uncategorized|Comments Off on NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?

New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district attorneys, mayors, immigrant and minority groups and others have come out in support of Gov. Kathy …

24 03, 2026

Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine

By | March 24th, 2026|Uncategorized|Comments Off on Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine

Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the U.S. conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in …

24 03, 2026

Hyundai Recalling 58K Palisades in South Korea Due To Automatic Seat Problem

By | March 24th, 2026|Uncategorized|Comments Off on Hyundai Recalling 58K Palisades in South Korea Due To Automatic Seat Problem

South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …

24 03, 2026

Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

By | March 24th, 2026|Uncategorized|Comments Off on Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

Colleges are racing to comply with President Donald Trump’s demand for sweeping admissions data and bracing for those records to fuel a new crackdown on campus diversity efforts. They face a Wednesday deadline to submit these documents, even as a …

24 03, 2026

Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

By | March 24th, 2026|Uncategorized|Comments Off on Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report. The report published by …

23 03, 2026

Harvard Sued by Justice Department Over Alleged Antisemitism on Campus

By | March 23rd, 2026|Uncategorized|Comments Off on Harvard Sued by Justice Department Over Alleged Antisemitism on Campus

The Justice Department sued Harvard University for allegedly violating Jewish students’ civil rights in the Trump administration’s latest attack on the university. In the suit filed Friday in Boston federal court, the government claims Harvard failed to protect Jewish students …

23 03, 2026

People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader

By | March 23rd, 2026|Uncategorized|Comments Off on People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader

MSIG USA announced the appointment of Matt Thompson as South-Central region distribution leader, responsible for leading MSIG USA’s growth strategy across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas. Thompson will report to Joseph Fitzpatrick, head of distribution for MSIG USA. Thompson …

23 03, 2026

Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover

By | March 23rd, 2026|Uncategorized|Comments Off on Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover

Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz — which has been effectively closed to shipping since the start of the …

23 03, 2026

Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

By | March 23rd, 2026|Uncategorized|Comments Off on Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

Not too long ago, Tamala Alejandro said her backyard was lush with a vegetable garden. On the ground, she had watermelons, cantaloupes and potatoes. She loved her herb garden, and her prized possession was her beloved peach tree. But then, …

23 03, 2026

German Court Rejects Bid to Ban Mercedes And BMW’s Fossil-Fuel Cars

By | March 23rd, 2026|Uncategorized|Comments Off on German Court Rejects Bid to Ban Mercedes And BMW’s Fossil-Fuel Cars

Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe upheld lower court rulings …