Fintech
Financial technology and innovation
Teen's Unique Approach to Career Exploration Turns Heads in New York
A New York teenager's inventive job search strategy—posting flyers on light poles—offers insightful lessons on career exploration and networking.
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.
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.
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.
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.
Markel Unveils New Coverage for Chemical and Energy Sectors
Markel Insurance launches tailored property coverage for small to midsize energy businesses and promotes key leadership in its energy division.
Wisconsin Court Confirms Wage-Loss Award for Injured Welder Denied Rehire
A Wisconsin appeals court confirmed a wage-loss award for a welder who was not rehired despite another job being available after his injury.
Court Allows Temporary Worker’s Injury Lawsuit Against Concrete Company to Proceed
A North Carolina appeals court reinstated a temporary worker's injury suit against Johnson Concrete, rejecting the company's claim of employer immunity.
Pivix Launches Specialized Monoline Commercial Property Insurance Program
Pivix Specialty Insurance now offers a targeted monoline commercial property program in 20 states, specifically for well-maintained properties.
Awbury Insurance Expands Operations to Japanese Credit Insurance Market
Awbury Insurance has entered Japan's credit insurance sector, enabling coverage for existing global clients with subsidiaries in the region.
Court Verdict Mandates Insurers Cover Silicon Valley Bank's Fraud Losses
A federal judge has ruled that insurers must compensate Silicon Valley Bank for significant losses incurred from loan fraud involving forged documents.
Zurich Insurance Unit Exempt from NFL Concussion Settlement Payments, Appeals Court Rules
An appeals court has ruled that Zurich American Insurance's unit is not responsible for covering the NFL's billion-dollar concussion settlement with players.
Marsh Agency Reorganizes Operations, Appoints New CEO for Combined East Region
Marsh Agency merges its East and Northeast regions, appointing Andrew Neary as CEO, amid strategic expansions and leadership changes.
Louisiana Appeals Court Upholds Denial of Workers' Compensation Benefits Due to Non-Disclosure
A Louisiana court found that failure to disclose prior injuries led to the denial of workers' comp benefits for a health system employee.
Zurich Finalizes $10.8 Billion Acquisition of Beazley to Boost Specialty Sector
Zurich Insurance has completed its $10.8 billion acquisition of Beazley, forming a specialty insurance powerhouse with $15 billion in gross written premiums.
New Boutique Law Firm Emerges for Insurers After Wiley Rein Partners Depart
A group of twelve partners from Wiley Rein has launched a new firm focused on high-value insurance matters, featuring notable leadership and diverse practice areas.