Industry News
Tokio Marine Hunts for Deals Abroad, Sees Room for Growth in U.S.
Tokio Marine Holdings Inc. sees scope for further expansion in the US as Japan's largest property-and-casualty insurer explores acquisition opportunities around the world, its new chief executive ...
Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance
Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercial insurance placement process. ...
U.S. Braces for ‘Low-Level’ Cyber Attacks by Iran After Airstrikes
U.S. officials are warning businesses to brace for potential Iranian cyber attacks following American airstrikes on the country's nuclear sites, an event that experts say could draw a relatively ...
Soaring Temperatures Stress U.S. Grids
Blistering heat is straining power grids across the eastern half of the U.S., leading to a blackout in part of New York City's borough of Queens as the local utility issued a warning to conserve ...
Insurer Ordered to Pay $44M to Man Freed From a Missouri Prison
A man won $11 million in a lawsuit against police after his conviction for killing a Missouri newspaper's sports editor was overturned, but the city's former insurer resisted paying most of it for ...
Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers
A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging ...
Texas Cities Top Allstate’s Best and Worst Drivers List; Boston Most Accident-Prone
Brownsville, Texas, reclaims its title as the safest driving city in America, according to the 2025 Allstate America's Best Drivers Report. Texas leads the nation in safe driving, with four cities, ...
Q1 2025 Property Claims Count Hits 5-Year Low: Verisk
The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to "Tornado Alley," but claim ...