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

Markets

Insurers Face Emerging Risks as Earth's Sunlight Reflection Declines

Insurers are grappling with evolving catastrophe models as Earth's ability to reflect sunlight diminishes, leading to increased energy absorption and...

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

Investing

Texas Parts Distributor Penalized $264K for Safety Violations Following Worker Death

FleetPride faces a $264,380 penalty from OSHA after safety violations exposed workers to hazardous conditions leading to a fatality.

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

Investing

Court Allows Meta to Proceed with Layoffs Amid AI Discrimination Claims

A U.S. judge has permitted Meta to move forward with planned layoffs affecting employees pursuing a lawsuit over alleged AI discrimination.

Jul 20, 2026 • 5 min read

Markets

Walmart Withdraws Four Salad Products Amid Expanding Cyclospora Recall

Walmart has proactively removed four Taylor Farms salad products following a broader cyclospora outbreak, though no illnesses have been confirmed.

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

Investing

Travelers Reports Strong Q2 Earnings, Driven by Underwriting and Commercial Performance

Travelers Companies posted a Q2 net income of $2.21 billion, benefiting from reduced catastrophe losses and exceptional growth in surety insurance.

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

Markets

Bamboo Insurance Expands Homeowners Capacity in California by $150 Million

Bamboo Insurance partners with MS Transverse to enhance California homeowners capacity by $150 million, responding to shifts in the market dynamics.

Jul 19, 2026 • 5 min read

Markets

El Niño's Early Arrival Sparks Concerns for Insurers Amid Record-Breaking Predictions

A potent El Niño is set to exceed historic measures, raising key questions for insurers about risk assessment amid climate change factors.

Jul 17, 2026 • 5 min read

Investing

Great American Challenges Coverage in Reinsurer Commission Disputes

Great American E&S Insurance asserts its policies don't cover claims against National Transportation Associates regarding disputed commissions in a fe...

Jul 17, 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

Investing

Florida Appeals Court Favors State Farm in PIP Reimbursement Dispute

A Florida appeals court reversed a lower ruling, siding with State Farm in a pivotal PIP reimbursement case, while larger legal questions remain unres...

Jul 17, 2026 • 5 min read

Investing

Louisiana Appeals Court Clarifies Direct-Action Law in Insurance Case

A Louisiana court ruled that amendments to the direct-action law are retroactive, impacting how insurers can be named in litigation.

Jul 17, 2026 • 5 min read