USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency May 27, 2026 By Andrew G. Simpson New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached...
Private Credit Losses May Hit Insurers More Than Banks, ECB Says May 26, 2026 By Nicholas Comfort European insurers and pension funds would likely be hit harder than banks by fallout from losses in the private credit...
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms May 26, 2026 By William Rabb A Florida appeals court this month handed ridesharing companies like Uber and Lyft a major legal victory with a broad...
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI May 26, 2026 Pennsylvania Attorney General Dave Sunday announced an agreement with GEICO that should modify an artificial intelligence (AI) initiated auto insurance...
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI May 22, 2026 By Chad Hemenway Acrisure’s CEO told employees that about 2,250 of them won’t be with the company by the end of 2027. The...
‘Decisive Sign of a Softened Market’: Premiums Decrease Across All Accounts May 22, 2026 By Chad Hemenway For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across...
US P/C Industry Underlying Growth Expected to Slow in 2026 May 21, 2026 By Chad Hemenway The U.S. property/casualty insurance industry is expected to see underlying growth decrease 3.7% for the first half of 2026 as...
NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case May 21, 2026 By Andrew G. Simpson The Archdiocese of New York (ADNY) has received the go-ahead to depose Chubb Insurance CEO Evan Greenberg in the ongoing...
Iran Consolidating Control of Hormuz With Checkpoints, Vetting and Sometimes ‘Fees’ May 20, 2026 By Devjyot Ghoshal, Ahmed Rasheed, Parisa Hafezi, Gavin Finch and Saurabh Sharma The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering...
Virginia Governor Vetoes Bill to Allow Class Actions May 20, 2026 By Andrew G. Simpson Virginia will remain as one of only two states where courts do not allow class actions. Gov. Abigail Spanberger, a...