Judge Rules New Jersey Joint Insurance Fund Not Liable for Ambulance Crash Settlement
A New Jersey judge determined that a joint insurance fund does not qualify as an insurer and thus is not liable for a $4.75 million settlement.
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A New Jersey judge determined that a joint insurance fund does not qualify as an insurer and thus is not liable for a $4.75 million settlement.
Property/casualty reinsurance premiums fell 6% in H1 2026, but improved combined ratios signal rising profitability, tempered by soft market conditions ahead.
Willis Towers Watson has filed a lawsuit against Lockton after 18 employees resigned en masse, taking valuable clients with them.
KPMG Australia announces a workforce reduction of nearly 400 jobs due to ongoing conduct issues and declining demand for consulting services.
More than 4 million vehicles from nine automakers, led by Tesla, are under recall in China due to emergency door handle issues.
Clear Group expands its presence in the London market with the acquisition of Newman Pearce and Partners, focusing on overseas specialty markets.
Major insurers report record profitability in 2025, even as premium growth continues its downward trend for the fourth consecutive year.
A bipartisan bill seeks to broaden radiation exposure compensation, raising payouts and extending eligibility for affected individuals through 2043.
Legislation in California proposes to recognize naturopathic doctors within the workers' compensation framework, expanding their practice scope significantly.
Ping An Insurance's net profit rose by 36% year-over-year to 92.6 billion yuan in the first half of 2026, reflecting a strong revenue performance.
Bermuda reinsurers improved their financial outlook in the first half of 2026, driven by reduced catastrophe losses, despite a decline in net premiums.
The 2026 U.S. Insurance Awards highlighted innovations in risk management, recognizing leaders and initiatives that enhance industry practices and education.
Danielle Lisenbey has received the 2026 Business Insurance Lifetime Achievement Award for her impactful leadership and advocacy for women in the industry.
Cumulative trauma claims in California are driving increased medical-legal costs and litigation, raising concerns among insurers and employers.
Power generation capacity in the U.S. is rapidly expanding, fueled by data center demand, creating new market dynamics and risk considerations.
Global reinsurers demonstrate high financial strength amid diverse exposures, critical for managing risk and supporting the larger insurance industry.
As organizations evolve, understanding and addressing cyber risk is crucial. Effective incident response plans and clear vendor roles can significantly mitigate exposure.
As social media use among teenagers increases, parents face new challenges, prompting legal actions and legislation aimed at safeguarding youth mental health.
Insurers are increasingly focusing on the effective use of telematics and safety tech for fleet insurance, shaping risk evaluations and pricing strategies.
As AI accelerates cyberattacks, organizations must adapt their defenses more swiftly, optimizing tools and strategies to counter rapidly evolving threats.