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.
Investment strategies and portfolio management
Willis Towers Watson highlights the trend of data center firms over-insuring due to unquantified risks, urging better assessment procedures.
Japan’s major non-life insurers reported a 20% profit increase due to a decline in natural disasters, reflecting a positive market condition.
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.
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.
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.
Yemen's Houthi rebels impose a maritime embargo on Saudi Arabia, blocking the Bab al-Mandeb Strait in response to regional tensions.
AliExpress has been fined €550 million by the European Union for failing to manage illegal product sales on its platform effectively.
The Hong Kong government plans to take over the rights to a $255 million fire insurance claim related to the Wang Fuk Court tragedy.
A federal judge approved Meta's layoffs scheduled for July, rejecting claims that AI tools unfairly targeted disabled employees for job cuts.
A D.C. appeals court rules that a widow must contest the denial of enhanced line-of-duty benefits in trial court following her husband's death.
David Gansberg will become CEO of Vantage Group Holdings by June 2027, succeeding Greg Hendrick, who will remain until then.
Liberty Mutual and Qwest have settled a legal dispute regarding liability for the devastating 2021 Colorado wildfire, wrapping up their claims in court.