News

News

Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.

Florida Passed A New Law to Strictly Regulate the Owners of Dangerous Dogs

The governor of Florida recently signed House Bill 593 (also known as the "Pam Rock Bill"), requiring the owners of...

Climate Events and Inflation Have Pushed up the Cost of Global Insurance Claims

The latest report from Crawford & Company indicates that the frequent occurrence and increasing severity of extreme weather events are...

Personnel Movement: Verisk Promotes White and Gregory; Alliant Has Hired Paul to Lead the New Transportation Vertical

The Property Claims Service (PCS) of Verisk Corporation in Jersey City, New Jersey, announced two senior appointments. Harry White has...

The US Appellate Court Ruled that Trump’s Tariffs Might Remain in Effect During the Appeal

The US Court of Appeals for the Federal Circuit ruled on Tuesday that the "Liberation Day" tariffs imposed by former...

A Whole Foods Supplier Was Hit by A Cyber Attack, Causing Disruptions to Its Supply Chain

UNFI, a supplier of Whole Foods Market under Amazon, recently suffered a cyber attack, causing its system to crash and...

Ategrity Specialty Insurance Plans to Raise 113.3 Million US Dollars for An IPO

Ategrity Specialty Insurance Company Holdings announced on June 11 that its initial public offering (IPO) was priced at $17.00 per...

Samsung Fire & Marine Insurance Has Increased Its Stake in Lloyd’s Insurance Company Canopius

On June 11, 2025, Canopius Group, a professional insurance company in London, announced that Samsung Fire & Marine Insurance (SFMI)...

Dozens of States Have Sued 23andMe for Preventing the Sale of Personal Genetic Data

Twenty-seven states and the District of Columbia jointly filed a lawsuit in a bankruptcy court on Monday, demanding that the...

Most G7 Countries Plan to Unilaterally Lower the Cap on Russian Oil Prices, While the Position of the United States Remains Undetermined

Most countries in the Group of Seven (G7) are prepared to lower the price cap on Russian oil without the...

The Life Insurance Industry in Taiwan Is Facing the Risk of the Depreciation of the US Dollar

Taiwan Life Insurance Company has long relied on investing in US bonds to obtain high returns, but now this strategy...

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News

A Man in Nevada Is Suspected of Setting Fire to A Tesla Store

Paul Hyon Kim, a 36-year-old resident of Las Vegas, has been charged by the federal government on suspicion of arson...

After Israel’s Attack on Iran, Ships Were Warned to Avoid the Red Sea and Sail at Log Harmuz

After Israel attacked Iran's nuclear facilities, the shipping security of the Strait of Hormuz has raised concerns. Although the joint...

Trump Denied the Review of the $5M Verdict in the E. Jean Carroll Sexual Abuse Case

The US federal appeals court on Friday rejected former President Trump's request for a retrial of the $5 million civil...

Missouri Has Approved A Huge Financial Aid Plan Covering Sports Venues and Post-disaster Reconstruction

Missouri State legislators passed a multi-billion-dollar financial aid package on Wednesday, aiming to persuade the Kansas City Chiefs and Royals...

AM Best Downgraded the Ratings of Members of the Insurance Alliance, A Non-profit Organization in California and Vermont

AM Best recently downgraded the financial ratings of the members of the Non-profit Insurance Alliance Group (NIA) in Vermont and...

JetZero Announced that A $4.7 Billion Aircraft Factory Will Be Located in North Carolina, Creating 14,500 Jobs