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APCIA, IBHS Testify Before Senate Committee on Loss Mitigation

4 días 15 horas ago
During a Senate committee hearing focusing on insurance and loss mitigation efforts, industry representatives said that all levels of government play a role. “Where government regulation and infrastructure allow private, competitive, insurance, and global reinsurance markets to flourish, consumers are …
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Ryan Specialty Finalizes Acquisition of USQRisk

4 días 16 horas ago
Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty. The …

Liberty Mutual Teams With WNBA Champion New York Liberty

4 días 17 horas ago
Liberty Mutual Insurance has announced a multiyear partnership with the New York Liberty women’s professional basketball team. As part of the partnership, the Liberty Mutual logo will be prominently displayed on all Liberty jerseys beginning with the 2025 season. Additionally, …

AIG Q1 Underwriting Income More Than Halved on Wildfire Losses

5 días 9 horas ago
First quarter underwriting income in AIG’s General Insurance segment dropped 59% compared to last year, to $243 million. The unit—North America commercial, International commercial, and global personal—recorded $525 million in catastrophe-related charges in Q1 2025, compared to $106 million for …
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Ohio Eatery to Pay $125K Over Race Discrimination Lawsuit

5 días 13 horas ago
Bennett Enterprises Inc., doing business as Ralphie’s Sports Eatery Company, will pay $125,000 and provide other relief to settle a race, disability and retaliation discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According …

Why the Green Hydrogen Industry Is Flocking to Texas

5 días 13 horas ago
Despite federal policy uncertainty stunting growth prospects, US clean hydrogen industry leaders at the BloombergNEF summit see one bright spot: Texas. President Donald Trump’s tariffs are impacting the industry as are the murky fate of federal tax credits and the …
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