Insurance News

Merchant shipping is continuing to pass through the Strait of Hormuz despite Israel’s large-scale attacks on Iran on Friday, the multinational, U.S.-led Combined Maritime Force said, although some shipowners were

A culture of risk aversion and mission creep among UK financial regulators is undermining trust and placing costly burdens on banks and insurers, an influential group of parliamentarians found. The

As Air India Flight AI171 descended toward its doom on Thursday, Ramesh Vishwaskumar sat in the first row of economy class — headed for one of the most harrowing and

Investigators have started combing the wreckage of Air India flight AI171 as they seek to determine what caused the Boeing Co. Dreamliner to crash shortly after takeoff Thursday afternoon, killing

A jury has awarded more than $500,000 to five men from Guatemala who said they were exploited and underpaid by a labor contractor that brought them to Michigan to plant

Wildfire claims handling in the spotlight as complaints about the insurer mount California’s Insurance Commissioner Ricardo Lara has opened a formal investigation into State Farm, following growing complaints about how

Proposal could change how drivers dispute auto claim amounts New legislation introduced in the New Jersey Senate aims to empower both drivers and insurers with an enhanced tool to resolve

New leaders step in to drive change The insurance industry has seen notable leadership changes this week, as WTW appointed Scott Van Slyck and Kate Gingras to senior technology roles,

Premiums surge, but claim costs remain a concern The US personal auto insurance industry recorded its most profitable underwriting performance since the pandemic, posting a net combined ratio of 95.3

Transaction is expected to generate $29.2 million in revenue The Baldwin Group has entered into an agreement to acquire the homebuilder distribution network of Hippo Holdings Inc., a move aimed