Insurance

JPMorgan Chase & Co. was sued in London by an analyst who alleged she was paid less than a male colleague doing the same job and faced retaliation when she raised the issue with managers. Saidya Najeeb, who joined JPMorgan …

Coalition announced it has acquired Wirespeed, a cybersecurity platform built to triage threat detections in milliseconds. The acquisition will combine Wirespeed’s managed detection and response (MDR) with Coalition’s suite of cyber risk management tools and coverage to provide protection against …

Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Prateek Sangal as its chief operating officer, effective October 20. In this role, Sangal will oversee all insurance operations, including policyholder services, underwriting and premium audit. …

Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica and Cuba, according to Boston-based Karen Clark & Co. in its …

Novo Insurance is launching in Arizona with month-to-month pricing tied to driving behavior. Novo uses a “Safety Score” based on how each vehicle is driven. Novo offers an “instant quote,” in which drivers get an upfront safe-driver program enrollment discount. …

The Collision Engineering Career Alliance partnered with El Camino College in Torrance, California to launch a collision engineering program in 2026. The aim is to help fill the more than 100,000 job openings expected through 2028 in the field. The …

The Federal Aviation Administration on Thursday was working to hammer out details of an unprecedented plan to cut 10% of flights at 40 high-traffic U.S. airports to address safety concerns regarding air traffic controllers amid a record-setting federal government shutdown. …

Mission, a group of specialty underwriters and program administrators based in Alpharetta, Georgia, announced it has launched Diamond Head Specialty Underwriting, a program administrator offering executive liability coverage for small businesses. The non-admitted product can provide directors and officers’ liability, …

Property insurance insights have traditionally relied on publicly available data. Common sources include deed records, weather data, MLS information, aerial imagery, and permit history, which have long formed the backbone of underwriting, pricing, and claims decisions. However, this data often …

Zurich Insurance does not expect any material financial losses from claims related to Hurricane Melissa, the insurer’s finance chief Claudia Cordioli said on Thursday. “A large number of members of those communities and businesses were uninsured. So you should expect …