More than half of US workers have no emergency cushion, and few employers offer one
Gallagher’s 2026 financial benchmarks report reveals a gap between employee need and employer action on emergency savings
Insurance News
Judge Won’t Block Trump Order Targeting DEI by Federal Contractors
A federal judge declined on Wednesday to block an effort by President Donald Trump to eliminate diversity, equity and inclusion initiatives by companies that do business with the US government. US Dis
Broker-sponsored facilities face a test of carrier support, QBE warns
Underwriting discipline will help determine which facilities retain carrier support as costs and claims severity rise
Independent benefits brokers face complacency threat, says BAN chief
BAN's Perry Braun says employer frustration over rising group health costs is creating a major opening for advisors
People Moves: Opterrix Promotes Krupar to Chief Commercial Officer
Opterrix, a risk intelligence platform serving the property and casualty insurance industry, has promoted Rich Krupar to chief commercial officer. In the expanded role, Krupar will lead the company
Cornell Suspends Fraternity Parties, Gives State Police Role in Investigating Assaults
Cornell University suspended parties at fraternity houses until next year and is giving state police a role in investigating reports of sexual assault on campus in the school’s latest response t
Progressive’s Q3 profit slips 3% despite better underwriting margin
The auto insurer's combined ratio improved to 88.7, but investment losses weighed on earnings, and premium growth slowed to 4%
Stephanie Roth rejoins Allianz Australia as senior liability underwriter
Stephanie Roth has rejoined Allianz Australia as a senior liability underwriter, according to a LinkedIn update. Perth-based Roth joins from Liberty Specialty Markets, where she spent over five years,
Marsh looking to cut even more costs as AI reshapes its back office
The world’s largest broker has begun to “harvest some attrition”. Executives say the savings will fund new producers, while mid- and back-office roles shrink
Florida Congressional Candidate Says Home Ground Wires to Be Replaced After Suit
The founder of a central Florida home services company, who is running for Congress this year, said the firm will inspect and replace electrical ground wires that may not meet building code, after hom
A&E liability claims cost far more but aren’t more frequent, Victor finds
Nearly a third of claims generated defense costs without any indemnity payment
Marsh to pay largest share of US$800m Credit Suisse Greensill settlement: FT
Marsh will shoulder the biggest portion of a US$800 million settlement in the Greensill Capital litigation brought by Credit Suisse in Australia, according to a report by the Financial Times, citing p
California Fire Danger Has Utilities Set for Broad Shutoffs
More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With d
US small businesses buy cyber at triple the global rate
The reason is probably the number of carriers chasing the business, not better-informed clients
Homeowner loses coverage after pipe burst exposes three-apartment dwelling
She filed a water damage claim. The insurer found three apartments instead
Insurers: French Supermarkets’ Cyber Insurance Unlikely to Cover Food Losses
French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lea
Michigan bill targets no-fault PIP opt-out rules, deductible cap
Seven senators want to change who can drop PIP coverage - and what counts as enough health insurance
Clients losing talent? Their benefits package may be to blame
Trucordia’s chief people officer on talent retention - for employer clients and brokerages alike
AM Best upgrades Dah Sing Insurance ratings on strong business growth, diversified portfolio
AM Best has upgraded the financial strength rating of Dah Sing Insurance Company (DSI) to A (excellent) from A- (excellent), reflecting sustained improvement in its business profile. The rating agency
Chubb Revamps Claims with 3 Leadership Promotions
Chubb Limited said it made three leadership appointments within its global claims organization. Lisa Wilson has been named head of North America claims, overseeing all aspects of North America commerc
Follow & Subscribe
Get the latest updates on Facebook and Telegram
Follow on Facebook
Scan with your phone
Scan with your phone Join on Telegram
Scan with your phone
Scan with your phone