Surge in Crop Insurance Demand in Brazil Linked to El Niño Predictions
Predictions of a strong El Niño are driving significant crop insurance demand in Brazil, prompting insurers to reassess coverage strategies.
Predictions of a strong El Niño are driving significant crop insurance demand in Brazil, prompting insurers to reassess coverage strategies.
Munich Re achieved a net profit of €2.2 billion in Q2, buoyed by minimal catastrophe losses and strong investment results, indicating a favorable market outlook.
The Massachusetts Supreme Judicial Court upheld federal law, blocking a local health board's effort to shut down a Verizon cell tower over safety concerns.
The Iowa Court of Appeals upheld Des Moines’ denial of a worker's claim for benefits, ruling it had sufficient grounds to dispute the matter.
A Florida appeals court overturned a nearly $10 million award to a former police officer, ruling the city fulfilled its insurance obligations.
A prominent tailor is pursuing over £550,000 in damages from a wine cooler supplier for alleged failures that damaged his rare collection.
Hartford's Q2 profit jumped 31% to $1.29 billion, fueled by a tax benefit and a 22% increase in investment income, signaling strong market performance.
The European Union has imposed an €890 million fine on Google for favoring its services and limiting competition in its app store.
A recent cyclone in Sicily caused $1.1 billion in damages, revealing significant gaps in mandatory insurance for affected businesses.
Global commercial insurance rates have dropped 6% in Q2 2026, reflecting heightened competition driven by surplus capital.
Albany's audit intervention prevented a $2.2 million overpayment to its health insurer, revealing multiple billing errors and cost-saving opportunities.
A Tennessee judge mandated that a private prison operator must authorize a psychological evaluation and potential spinal cord stimulator treatment for an injured worker.
The Tennessee Workers’ Compensation Appeals Board has ordered Capstone Logistics to cover lumbar fusion surgery for an employee injured at work, while denying additional disability benefits.
M&A transactions in the insurance brokerage sector fell 15% in the first half of 2026, marking the lowest volume since 2016 and highlighting market shifts.
Marsh's second-quarter revenue rose to $7.40 billion, buoyed by strategic investments in new business and AI, despite ongoing pricing challenges in property insurance.