Insurance

When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an answer than Larry Wilkinson may not have expected. “Really not much,” said …

Canopius Group, headquartered in Chicago, appointed Tom Losquadro as vice president of underwriting for national hull and liability U.S. Losquadro brings extensive experience in marine insurance, having held senior roles at both AIG and Marsh McLennan. He joined Canopius on …

The rise of autonomous vehicles will force a reconfiguration of the $400 billion US auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about liability remain, according to Goldman Sachs. “Autonomy has the potential …

Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for the insurance industry, and a warning that “wildfire is no longer a seasonal or rural phenomenon, a new outlook asserts. …

The Texas State Fire Marshal’s Office (SFMO), a division of the Texas Department of Insurance. announced three investigations that have led to guilty pleas: James Levorn Rias pleaded guilty to a first-degree murder charge following a May 2024 fire in …

Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage headquartered in Farmington Hills, Michigan, promoted Bill Gatewood to executive vice president, personal insurance, effective July 1. Burns & Wilcox is a member of H.W. Kaufman Group, a privately …

Kansas Insurance Commissioner Vicki Schmidt and Kansas Department of Insurance staff will be on-site Tuesday, June 10 in El Dorado to assist Kansans affected by widespread flooding in Butler County, the department said. KDI staff will assist with insurance claims …

Bally’s Corp. said it has settled a lawsuit brought by two white men and a conservative legal group that challenged a $1.7 billion Chicago casino project that offered ownership stakes only to women and people of color. The settlement comes …

With hurricane season underway and an above-normal activity forecast, some National Weather Service offices like Houston — where as many as 44% of positions are vacant — are operating with staff shortages, prompting concerns about their capacity to monitor future …

Several people were injured after a skydiving plane crashed outside a small Tennessee airport, authorities said. The Federal Aviation Administration said a de Havilland Canada DHC-6 Twin Otter plane carrying 20 people crashed shortly after departing Tullahoma Regional Airport on …