Insurance News

The US National Weather Service will merge two of its largest forecasting units as it prepares for the loss of as many as 1,000 staffers. Employees were encouraged to take

Texas Attorney General Ken Paxton announced Thursday that he has launched an investigation into one of the state’s Medicaid insurance providers after allegations that the company illegally spied on Texans.

The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaire Elon Musk’s Department of Government Efficiency, according to an email sent on Friday to department staff. SEC

A Las Vegas resident appeared in U.S. District Court in Las Vegas, Nevada, to face federal charges related to an arson at a Tesla collision business. Paul Hyon Kim, 36,

W.R. Berkely Corp. said Friday that Japanese property/casualty insurer Mitsui Sumitomo Insurance Co. will buy a 15% stake in the company through open market purchases or private transactions with third

Companies wrongly assume their GL policies offer coverage The environmental insurance market has long been oversaturated, yet many businesses still fail to secure coverage despite an increasing need for it.

Stronger indemnity planning will be key Generative artificial intelligence (Gen AI) continues to attract significant attention from investors, driven by rapid technological advancements and substantial capital inflows. Investment trends indicate

Rate hikes, capital injection, and reinsurance shape insurer's California response State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los

Carrier to prioritize growth areas after substantial net loss American National Insurance Co. will halt the sale of new life insurance policies as it shifts focus toward other business lines,

Proposal targets uninsured rates with capped pricing and PIP opt-out options Legislation under review in Minnesota would establish a state-run automobile insurance program aimed at providing low-cost coverage to eligible