Insurance

Fourth quarter 2025 net income at Progressive Corp. increased 25% compared to the same period a year ago to nearly $3 billion. Progressive reports results monthly. Net income for December was up 22% to about $1.15 billion. Full-year net income …

A California seafood is paying $248,000 to resolve allegations it sold frozen seafood products with elevated levels of lead and cadmium without the required warnings. California Attorney General Rob Bonta’s office settled with Pacific American Fish Company Inc., a seafood …

The Howden-driven talent war has cost Brown & Brown $23 million in revenue, according to J. Powell Brown, the broker’s president and chief executive officer. “As of today, approximately 275 of our former teammates have joined this start-up, taking with …

Residents in a iced-over swath of Mississippi began to confront the ugly truth Monday as they shivered in ever-colder and darkened houses: Recovery from the state’s worst ice storm in more than 30 years could take a week or more. …

The US Federal Aviation Administration’s failure to monitor and act on safety risks in the airspace near Washington was among a number of systemic failures safety officials blamed for last year’s midair collision. The National Transportation Safety Board has been …

Among the top 10 cyber incidents in 2025 was the first documented case of an AI-orchestrated espionage campaign, which illustrated how artificial intelligence (AI) is being leveraged by sophisticated threat actors, according to Tokio Marine HCC International (TMHCCI), a member …

The first lawsuits were filed on Wednesday by victims of a spectacular heist of a German bank in December when burglars used the quiet Christmas period to drill their way into its vault and make off with millions, a lawyer …

The darkness that swept over the Venezuelan capital in the predawn hours of Jan. 3, 2026, signaled a profound shift in the nature of modern conflict: the convergence of physical and cyber warfare. While U.S. special operations forces carried out …

From family-run cafes to retail giants, businesses are increasingly coming into the crosshairs of President Donald Trump’s mass deportation campaign, whether it’s public pressure for them to speak out against aggressive immigration enforcement or becoming the sites for such arrests …

BMS Re, the reinsurance arm of independent insurance and reinsurance broker BMS Group, headquartered in New York, appointed Tony Grippa as chief strategy officer for the U.S. business. Grippa will serve on the firm’s U.S. Executive Committee. Grippa will act …