Insurance

The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report. “The lack of any significant natural catastrophes in the second quarter …

South Korea’s largest mobile operator was hit with a fine and stern criticism from the country’s privacy regulator after a cyberattack disclosed in April compromised the data of about half the nation’s population. The Personal Information Protection Commission on Thursday …

Goldman Sachs Group Inc. is fighting an £8.9 million ($11.9 million) claim from a former compliance manager who won a sex-discrimination ruling that he was unfairly fired after taking six months of paternity leave. Jonathan Reeves, who worked in Goldman’s …

Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went into effect on August 1, 2025; terms of the transaction were not disclosed. JMWS, a fourth-generation family-owned business based in …

Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not disclosed. The tech-enabled brokerage providing property/casualty and employee benefits solutions out of Ann Arbor, Michigan said the acquisitions combine deep …

One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying …

St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the waters. With …

A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather than …

When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …

A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners, forcing evacuations and destroying properties. The fire rapidly expanded to 6,473 acres, forcing the evacuation Tuesday of the Chinese Camp Town and surrounding …