Swiss Re shares rose 6.6% on Thursday morning in European trading after the company increased its U.S. liability reserves by $2.4 billion in the third quarter.
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Washington Insurance Premium Transparency Rule: Phase 2 Change Considered
Washington State Insurance Commissioner Mike Kreidler has announced potential changes to the state’s new premium transparency rule, which aims to provide policyholders with more precise insights into why their insurance premiums are rising.
Hurricane Rafael: A Powerful Category 3 Storm Targets Cuba
As Hurricane Rafael barrels toward Cuba, the powerful Category 3 storm has rapidly intensified, posing a severe threat to the region.
Boosting Cyber Resilience for Rural Water Utilities
The U.S. Department of Agriculture (USDA) and the White House Office of the National Cyber Director (ONCD) have launched a yearlong initiative to strengthen the cybersecurity of rural water utilities, a critical yet often under-resourced sector.
Harvest Prices for Crop Insurance Decline: Key Implications for Producers
The USDA’s Risk Management Agency (RMA) recently released the official harvest prices for federal crop insurance, revealing lower-than-anticipated numbers across major crops like corn, soybeans, and grain sorghum.
What Insurers Need to Know About Rising Health Care Costs for 2025
As employers brace for a projected 9% increase in health care benefit costs in 2025, insurers need to be aware of key trends influencing these changes.
USG Announces Hire of Kamisha Kerr in Westlake, FL
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Kamisha Kerr to their esteemed Brokerage Division.
Sinclair Files Lawsuit Against Cyber Insurers Over Unpaid Ransomware Claims
In a high-profile legal battle that underscores the complexities of modern cyber insurance, media giant Sinclair Broadcast Group has filed suit against two of its cyber insurers, Continental Casualty (CNA) and Starr Indemnity & Liability, over unpaid claims stemming from a ransomware attack in 2021.
Tornadoes and Severe Storms Batter Oklahoma: A Look at the Damage and Response
Severe thunderstorms, accompanied by intense tornadoes and flash flooding, have swept through the central and southern United States, particularly hitting states like Oklahoma, Texas, and Missouri.
Navigating California’s SB553: Essential Insights for Businesses on Compliance and Risk Management
California’s SB553, a significant workplace safety regulation, has ushered in new compliance requirements that all businesses in the state must now adhere to.