First quarter 2026 net income at The Hartford increased 36% to about $851 million as catastrophe losses during the period were half the amount of the same time a year ago. Pretax catastrophe losses for Q1 were about $230 million, …

A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …

A video clip of a Florida woman driving her elevated pickup truck over a Lamborghini sports car has gone viral, again raising the issue of elevated trucks’ blind spots leading to accidents and insurance claims. The woman in Lake Nona, …

American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc’s executive committee, Anderson will succeed current AIG CEO Peter Zaffino, who …

Georgia insurance commissioner John King used his statutory authority to bar property insurance policy cancellations until further notice, due to wildfires that have displaced homeowners across the state. King’s April 23 directive bars cancellations for nonpayment of premiums in 91 …

At least seven ships – mainly dry bulk vessels – have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent days, shipping data showed on Monday, while talks between Iran and the …

The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives …

Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, hired Andrew Drayer as regional president, Northeast. He succeeds Bill Donato, who previously held this role and now serves as president of retail insurance. Drayer brings experience across commercial insurance, operations, …

Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights will be New …

The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that are evolving quickly. Geopolitical tensions have …

India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said. Backed by investors including General …

The state of Michigan was cleared of liability Thursday in a disastrous 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular lake. Court of Claims Judge James Redford acknowledged the “real and lasting damages” …

The most-recognizable diversity policy in sports is facing the biggest challenge in its history. Florida Attorney General James Uthmeier, who has been endorsed by President Donald Trump, is calling for the end of the National Football League’s Rooney Rule, a …

Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. “Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the …

Insurance agency mergers & acquisitions in the first three months of 2026 were down 6% compared with the same period last year. It was the 10th consecutive quarter of deal volume below the long-term trend line but, investment banking and …

Eight years after South Carolina lawmakers forced a $1 million liquor liability insurance requirement on bars and restaurants, and one year after they tweaked the law with conditional coverage requirements, the state Senate is trying again. Senators voted last week …

A former ransomware negotiator has pleaded guilty to charges he helped a ransomware group extort tens of millions of dollars from companies. Angelo Martino, 41, of Land O’Lakes, Florida, worked for a cyber incident response company as a ransomware negotiator …

Raeann Hunt scrambled to her cellar as a tornado bore down on her Oklahoma community. “It is headed right for us,” she recalled thinking, as she peeked outside, unable to contain her curiosity. Huddled inside the dark 8-by-8 foot (2.44-by-2.44 …

The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets COIN.O and Gemini Titan GEMI.O of promoting gambling. In a complaint …

Canyons in eastern Utah will churn this spring with huge volumes of water—as much as 50,000 toilets flushing constantly at the same time—in a desperate attempt to maintain electricity generation for thousands of homes across much of the Western U.S. …