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Canadian Town Tackles Decades-Old Fish Sauce Cleanup with Province's Support
Banking

Canadian Town Tackles Decades-Old Fish Sauce Cleanup with Province's Support

St. Mary’s, Newfoundland and Labrador, begins a $1.21 million cleanup of abandoned fish sauce tanks that have plagued residents for over 20 years.

Jul 31, 2026 • 5 min read
Tennessee Appeals Court Upholds Texas Insurer’s Role in Roofer Injury Case
Banking

Tennessee Appeals Court Upholds Texas Insurer’s Role in Roofer Injury Case

A Tennessee workers' compensation panel ruled that a Texas insurer must remain involved in a roofing accident claim, citing coverage disputes as key factors.

Jul 31, 2026 • 5 min read
WTW Reports Declining Profits Despite Rising Revenue
Investing

WTW Reports Declining Profits Despite Rising Revenue

Willis Towers Watson faced a significant 30% drop in net income for Q2, even as organic revenue increased by 5%.

Jul 31, 2026 • 5 min read
Insured Natural Catastrophe Losses Halved in 2026, Reports Munich Re
Investing

Insured Natural Catastrophe Losses Halved in 2026, Reports Munich Re

Munich Re reports a 50% decline in global insured natural catastrophe losses in H1 2026, driven largely by severe U.S. thunderstorms.

Jul 31, 2026 • 5 min read
Everest Group Reports 17% Decrease in Q2 Net Income Amid Premium Declines
Economy

Everest Group Reports 17% Decrease in Q2 Net Income Amid Premium Declines

Everest Group's net income dropped 17% year-on-year to $559 million in Q2, with gross written premiums falling 7% to $3.7 billion.

Jul 31, 2026 • 5 min read
PartnerRe Reports $447 Million Profit for First Half of Year
Banking

PartnerRe Reports $447 Million Profit for First Half of Year

PartnerRe Ltd. achieved a net income of $447 million for the first half of the year, despite a year-over-year decline in profit.

Jul 31, 2026 • 5 min read
Commercial Insurers Shift Stance on Generative AI Risks in Policies
Banking

Commercial Insurers Shift Stance on Generative AI Risks in Policies

Insurers are increasingly excluding generative AI-related risks from policies, following the introduction of standardized endorsement templates by Verisk Analytics.

Jul 31, 2026 • 5 min read
Red Sea High-Risk Insurance Zone Extended Amid Escalating Maritime Threats
Investing

Red Sea High-Risk Insurance Zone Extended Amid Escalating Maritime Threats

The Joint War Committee has broadened the high-risk zone in the Red Sea due to increased maritime attacks, impacting shipping operations in the area.

Jul 31, 2026 • 5 min read
Court Reinstates Hail Damage Claim Against Hanover American Insurance
Banking

Court Reinstates Hail Damage Claim Against Hanover American Insurance

The 8th Circuit Court has revived Cannon Falls Area Schools' hail damage lawsuit against Hanover Insurance, challenging previous interpretations of damage exclusions.

Jul 28, 2026 • 5 min read
W.R. Berkley Restructures Reinsurance Leadership Team
Investing

W.R. Berkley Restructures Reinsurance Leadership Team

W.R. Berkley announces key leadership shifts in its reinsurance division, promoting Daniel Westcott and Robert Coyne within the organization.

Jul 28, 2026 • 5 min read
Brown & Brown Experiences Organic Revenue Decline Amid Falling Property Insurance Rates
Investing

Brown & Brown Experiences Organic Revenue Decline Amid Falling Property Insurance Rates

Brown & Brown's organic revenue slipped 0.7% as declining property insurance rates and segment variations impacted overall performance.

Jul 28, 2026 • 5 min read
Insurance Industry Insulated from Recent Wildfire Risks, Says Report
Economy

Insurance Industry Insulated from Recent Wildfire Risks, Says Report

Recent wildfires in Spain and France are unlikely to impact insurer earnings significantly, except in high-value urban areas.

Jul 28, 2026 • 5 min read
Data Center Coverage Exceeds Exposure Amid Uncertain Risks, Warns Willis
Economy

Data Center Coverage Exceeds Exposure Amid Uncertain Risks, Warns Willis

Willis Towers Watson highlights the trend of data center firms over-insuring due to unquantified risks, urging better assessment procedures.

Jul 28, 2026 • 5 min read
Profit Surge for Japanese Insurers Driven by Lower Natural Disasters
Economy

Profit Surge for Japanese Insurers Driven by Lower Natural Disasters

Japan’s major non-life insurers reported a 20% profit increase due to a decline in natural disasters, reflecting a positive market condition.

Jul 28, 2026 • 5 min read
Hackers issue ‘final warning’ to Ernst and Young
Banking

Hackers issue ‘final warning’ to Ernst and Young

Hackers issue ‘final warning’ to Ernst and Young Jul 28, 2026 After breaching London-based Ernst and Young Global Ltd.’s network, the hacking group ShinyHunters has issued a “final warning,” threateni...

Jul 28, 2026 • 5 min read
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