Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …
We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …
With premium growth slowing to around 3% or 4%, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty insurers lining up with results for 2024. Tana Marcom and Chris Grimes, both …
President Donald Trump signed an order aimed at thwarting state-level regulation of artificial intelligence through lawsuits and funding cuts, handing a win to tech industry leaders who’ve pressed for preemption of local rules. Trump said the measure was necessary to …
The owner of a Connecticut construction firm has been arrested and charged with failing to provide the required workers’ compensation insurance coverage for employees as required by law. According to the state’s Division of Criminal Justice, Lou Milardo, , the …
Ice blocks drift past Tristen Pattee’s boat as he scans the banks of Northwest Alaska’s Kobuk River for caribou. His great uncle Ernest steadies a rifle on his lap. It’s the last day of September, and by every measure of …
South Carolina’s stalled nuclear power project could finally finish construction as a private company has offered to pay $2.7 billion to the state-owned utility and a small share of the power if they can reach an agreement to get the …
La Niña is expected to linger for another month or two before likely giving way to neutral Pacific conditions between January and March 2026, carrying a 68% probability, the U.S. Climate Prediction Center said on Thursday. “Even after equatorial Pacific …
More than one million State Fam auto insurance policyholders in Louisiana should see a decrease in premiums in 2026, as Insurance Commissioner Tim Temple approved the carrier’s request for a 5.9% average rate decrease. State Farm is the largest personal …
Days of torrential rain in Washington state caused historic floods that have stranded families on rooftops, washed over bridges and ripped at least two homes from their foundations, and experts warned that even more flooding expected Friday could be catastrophic. …