As the U.S. government approaches a critical funding deadline, the insurance industry may be among the many sectors impacted if […]
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ACE Insurance Sues Tech Providers Over $500K Ransomware Payout
ACE American Insurance Co., a subsidiary of Chubb, has filed a lawsuit seeking reimbursement of $500,000 it paid after a […]
Progressive May Owe Florida Drivers Refunds After Surpassing Profit Limits
Even after lowering its auto insurance rates in Florida this year, Progressive could soon be required to issue refunds to […]
Insurer Cites Exclusion Clause in Denying Coverage for Kansas City Super Bowl Parade Shooting Lawsuit
Cincinnati Specialty Underwriters (CSU) has filed a legal complaint asserting that it holds no responsibility to defend or compensate the […]
Judge Halts GEICO Call Center Workers’ Attempt to Launch Unpaid Wages Class Action
A federal judge in Georgia has declined a bid by GEICO call center workers to pursue a collective action lawsuit, […]
UK’s Ardonagh Group Secures $2.5B Investment Led by Private Equity Firm Stone Point
The Ardonagh Group, an independent insurance distribution platform based in London, has announced the successful completion of a $2.5 billion […]
Erie Insurance Restores Customer Online Access, Work Continues on Other Systems
Erie Insurance has successfully restored online account access for its customers, including the ability to make bill payments, as part […]
Verisk: Property Claims Volume Reaches Five-Year Low in Q1, But Severity Soars Amid California Wildfires
The opening quarter of 2025 presented a mixed landscape for the property insurance industry, marked by fewer overall claims but […]
AI Named Top Concern in Verisk’s Emerging Issues Bracket
While March Madness spotlighted college basketball champions, another bracket was catching the attention of the insurance world. Verisk, a global […]
SMBC Aviation Capital Secures $1.4 Billion From Insurance Claims Over Russian Aircraft
SMBC Aviation Capital, one of the world’s leading aircraft leasing firms, has secured an additional $654 million in insurance compensation […]
Erie Insurance Experiencing Widespread System Outage, Disrupting Services Nationwide
Pennsylvania-based insurer Erie Insurance is currently facing a significant network outage that has disrupted its entire digital infrastructure. The company, […]
Perspective: Learning from the Past to Shape the Future of Insurance
One of the aspects I truly value about the insurance industry is that it offers anyone the chance to create […]