Sunk Superyacht Likely to Cost Insurers At Least $150 Million, Experts Say Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on... Read More
The Murdaugh Drama Continues: Store That Sold Beer Now Suing its Insurers The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers... Read More
U.S. P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021 The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for... Read More
Chinese Hackers Exploited Bug to Compromise Internet Companies, Cybersecurity Firm Says A Chinese hacking group exploited a software bug to compromise several internet companies in the United States and abroad, a... Read More
Americans Shop Around for Insurance More Than Ever as Costs Soar Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s... Read More
Atlantic Hurricane Season Could Intensify in Coming Weeks, Meteorologists Say AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and... Read More
Storm Warnings Across Southern Europe From Italy to Serbia Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are... Read More
Former Citigroup Executive Suing Bank Was Fired for Performance, Company Says Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she... Read More
Frequency of Deadly Hurricanes Has Jumped 300% New research indicates that what used to be the 100-year hurricane will now happen every 25 years, according to Deep... Read More
Verisk: Reconstruction Costs in U.S. Rose 5.2% from Last Year Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from... Read More