Banking

Houthis Threaten Saudi Oil Exports with Maritime Blockade

The Houthis have announced an immediate maritime blockade on Saudi vessels, jeopardizing critical oil exports as regional tensions escalate.

Jul 20, 2026 • 5 min read

Banking

Wildfire Risk and Credit Implications for Utility Insurers in the U.S.

Regulatory discrepancies in wildfire liability across U.S. states pose credit risks to utilities, impacting their financial stability amid rising cost...

Jul 20, 2026 • 5 min read

Banking

Microplastics Linked to Heart Attack Risk: Study Highlights Concerns in Smokers

New research suggests microplastics in blood may increase heart attack risk, especially in smokers, indicating a serious public health issue.

Jul 20, 2026 • 5 min read

Banking

Escalating Gulf Conflict: Oil Prices Surpass $90 Amid U.S.-Iran Tensions Impacting Global Shipping and Water Supply

Tensions between Iran and the U.S. have surged, impacting oil prices and global shipping routes, raising concerns over crucial water supplies.

Jul 20, 2026 • 5 min read

Banking

Ohio Toy Manufacturer Faces Federal Lawsuit Over Disability and Pregnancy Discrimination

Step2 Company is accused of failing to accommodate a pregnant employee with disabilities and retaliating against her, as charged by the EEOC.

Jul 20, 2026 • 5 min read

Banking

Understanding Student Loan Entrance Counseling: A Guide for Borrowers

Student loan entrance counseling is essential for understanding federal loans, their management, and the ramifications of borrowing.

Jul 20, 2026 • 5 min read

Banking

Cottingham & Butler Strengthens Leadership in Property and Casualty Sector

Cottingham & Butler enhances its Property & Casualty operations with key leadership appointments aimed at driving specialization and growth.

Jul 20, 2026 • 5 min read

Banking

As AI Adoption Surges, Companies Must Prioritize Structured Risk Management Policies

More than half of organizations lack a formal AI risk management framework, heightening exposure to D&O claims and coverage issues amidst increased AI...

Jul 20, 2026 • 5 min read

Banking

Leadership Change at Florida Re: CEO Alvaro Ortiz Resigns After Two Years

Alvaro Ortiz has stepped down as CEO of Florida Re, highlighting challenges in the insurance market amid uncertain growth in the condo sector.

Jul 20, 2026 • 5 min read

Banking

Southern California Edison Allocates $750 Million for Fire Recovery Efforts Following Eaton Fire

Southern California Edison has committed over $750 million to aid those affected by the Eaton Fire, with substantial claims already processed.

Jul 20, 2026 • 5 min read

Banking

Connecticut Promotes FORTIFIED Roofing Standards Amid Lack of Insurance Incentives

Connecticut is advocating for FORTIFIED roofing standards to enhance storm resilience, yet lacks mandatory insurance discounts to incentivize adoption...

Jul 19, 2026 • 5 min read

Banking

Ameritas Strengthens Leadership with Strategic Appointments in Planning and Marketing

Ameritas appointed Bob MacDonald as Senior VP of Strategic Planning and Gaurav Mehra as Senior VP of Marketing to navigate market challenges and lever...

Jul 19, 2026 • 5 min read

Banking

GEICO Accuses Queens Pharmacy of $2 Million Auto-Insurance Fraud Scheme

GEICO files suit against Central RX Pharmacy for inflating claims beyond $2 million, exploiting New York's No-Fault system for profit.

Jul 17, 2026 • 5 min read

Banking

DC Council Proposes Liquor Liability Reform with $500,000 Damage Cap

Washington, DC's proposed bill seeks to limit liquor liability payouts to $500,000 while studying potential impacts of mandatory coverage on insurance...

Jul 17, 2026 • 5 min read

Banking

AI-Driven Brokerage Platform Targets Mid-Market Insurance Growth with Distinct Model

American Growth Insurance's new AI-enabled platform is poised to reshape mid-market insurance profitability ahead of acquisitions, challenging traditi...

Jul 17, 2026 • 5 min read

Banking

Evolving Challenges in Cyber Insurance: Vendor Risks and AI Exclusions

Cyber insurance faces critical issues, including overlooked vendor risks and increasing AI-related exclusions, as discussed by experts at InsuranceFes...

Jul 17, 2026 • 5 min read

Banking

Hanover Insurance Group Appoints Dick Lavey as CEO-Elect Amid Market Shifts

Dick Lavey has been named CEO-elect of Hanover Insurance Group, stepping into leadership as the industry faces changing market dynamics and competitiv...

Jul 17, 2026 • 5 min read

Banking

SiriusPoint Elevates Emily Yoo to Chief Operating Officer Amid Financial Growth

SiriusPoint has appointed Emily Yoo as COO, underscoring its strategic focus on operational excellence as financial fortunes improve.

Jul 17, 2026 • 5 min read

Banking

Fire Insurance Market Surges to $23 Billion Amid Growing Risks and Structural Changes

The U.S. fire insurance market has soared to $23.2 billion, reflecting both record premiums and regional disparities amid rising climate-related claim...

Jul 16, 2026 • 5 min read

Banking

North Carolina Medical Group Sues Auto-Owners Over Alleged Flood Insurance Claim Delays

Ashewell Medical Group accuses Auto-Owners of mishandling its Hurricane Helene flood claim, seeking over $125,000 in damages.

Jul 16, 2026 • 5 min read