Connecticut Enhances Workers' Compensation for Assault Victims in the Workplace
Connecticut's new law offers full wage replacement for workers injured in assaults on the job, benefiting teachers and healthcare workers.
Marsh Raises Cost Savings Goal Amid Rising Revenue and Profit
Teen's Unique Approach to Career Exploration Turns Heads in New York
Shinhan Financial Group to Acquire Majority Stake in Lotte Non-Life Insurance
Shinhan Financial is set to purchase a 77% stake in Lotte Non-Life Insurance for approximately $515 million, aiming for full integration thereafter.
Liberty Mutual Expands Reach in Brazil with Acquisition of Austral Seguradora
Liberty Mutual is set to enhance its presence in Brazil by acquiring Austral Seguradora, boosting its position in the surety market.
Generali and World Bank Collaborate to Launch Risk Mitigation Facility for Emerging Markets
Generali and the World Bank are establishing a risk mitigation facility focused on safeguarding investments in several emerging markets, starting with Asia.
Marchesi Antinori Faces $6 Million Loss from Wine Heist Due to Insurance Gaps
Marchesi Antinori's $6 million wine heist loss exposes significant underinsurance, raising concerns about security vulnerabilities at the Tuscan winery.
TT Club and U.K. P&I Members Approve Merger, Creating $750 Million Premium Group
Members approved a merger expected to combine about $750 million in annual premiums across shipping, ports, terminals and logistics.
Tryg AS Reports Increased Q3 Profit on Strong Underwriting Performance
Tryg AS posted a 10% year-on-year rise in Q3 profit, driven by improved underwriting and low large claims, signaling financial strength in the Nordic markets.
Ransomware and Cyber Incidents Spike in South Korea and Japan
South Korea sees a 20% rise in cybersecurity incidents, with ransomware attacks soaring 77%, while Japan reports record incidents by mid-2026.
Insurance Brokers Brace for Significant Earnings Hit Due to Proposed Commission Caps
India's proposed broker commission caps could slash earnings by 12% and fees by up to 90% starting January 2027, raising industry concerns.
JPMorgan Forecasts Continued Declines in Property Catastrophe Reinsurance Rates through 2027
JPMorgan projects a 10% to 20% drop in property catastrophe reinsurance rates for January 2027, highlighting ongoing pricing pressures.
Kroger's Captive Insurers Face Negative Outlook Amid Increased Losses
A.M. Best has downgraded the outlook for Kroger's captive insurers, citing increased casualty losses affecting underwriting performance.
Lockton Appoints Vince Gaffigan to Lead U.S. Casualty Practice
Vince Gaffigan has been elevated to lead Lockton's U.S. casualty practice, a role that builds on his 26 years of tenure at the company.
Dunkin' Faces Lawsuit Over Misleading 'Zero Sugar' Claims in Beverages
Dunkin' is being sued for allegedly misleading customers about sugar content in its 'Zero' drinks, raising questions about labeling integrity.