Insurance

Damage to Baltic Sea Telecoms Cable May Have Occurred in January, Operator Says

Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic Sea may have occurred as early as January 26, the same day a cargo ship bro...

Credit:

The major parties want 9 in 10 GP visits bulk billed by 2030. Here’s why we shouldn’t aim for 100%

Drazen Zigic/ShutterstockUnaffordable GP visits has become a pressing issue amid the increasing cost-of-living crisis. About 30% of Australians delayed or didn’t see a GP in 2023–24. To solve t...

Credit:

Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains

The work that GEICO’s chief executive has done to “repolish” Berkshire Hathaway’s “long-held gem” got a special shout-out in Warren Buffett’s Berkshire Hathaway 2024 annual report to shareholders l...

Credit:

Insurers Stay Optimistic on Investment Returns

U.S. insurers remain optimistic for 2025 despite political concerns, showing increased appetite for private assets and risk-taking.

Credit:

How Trump’s Mass Layoffs Raise Wildfire Risk in The West, According to Fired Workers

The termination letters that ended the careers of thousands of U.S. Forest Service employees mean fewer people and less resources will be available to help prevent and fight wildfires, raising the ...

Credit:

Florida Contractor in Fatal Fall Incident Sentenced for Workers’ Comp Fraud

A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety ...

Credit:

South Carolina Republicans Launch TV Ads to Salvage Tort Reform Bill

Georgia lawmakers aren’t the only ones contemplating a major tort-reform bill during the legislative session this year. Next door, South Carolina’s General Assembly is considering Senate Bill 244, ...

Credit:

Pennsylvania’s NSM to Sell Commercial Insurance Division to Investment Firm

New Mountain Capital, an investment firm, has agreed to buy the commercial insurance division of Pennsylvania-based NSM Insurance Group. The firms said in a news release that the deal is expected t...

Credit:

US SEC Plans to Cut Regional Directors as Agency Preps for DOGE Scrutiny: Sources

The U.S. Securities and Exchange Commission plans to remove the top leaders at regional offices across the country as part of its cost-cutting recommendations to the Trump administration, according...

Credit:

FTC Chair Pledges to Keep Aggressive Merger Enforcement

President Donald Trump’s Federal Trade Commission will “vigorously” sue to block illegal mergers, the agency’s new chairman said Monday, highlighting support for the repeated deal challenges during...

Credit:

Insurers Face Complex Risk Environment in 2025

Insurance leaders must navigate emerging risks while building resilience through data analytics and strategic risk management.

Credit:

Experimentation With Gen AI Must Be Far Bolder

Generative AI will likely alter the business models of many industries; insurers should go beyond seeking efficiencies and experiment with deeper changes.

Credit:

Talanx Sells Ecuadorian Subsidiary to Grupo Financiero Atlántida

The Retail International division of the Talanx Group is selling its Ecuadorian entity HDI Seguros S.A. to Grupo Financiero Atlántida, a financial conglomerate from Honduras. The sale enables the R...

Credit:

A third of car insurance policies DO NOT cover for this very common mishap

A review of 323 comprehensive car insurance products revealed that only 68% cover this very easy mishap that happens to thousands of driver each year.

Credit:

10 largest US insurtech equity deals of 2024

The four largest deals had an average round amount of $46 million.

Credit:

Homeowners face soaring premiums as insurers exit California

Between the estimated damages in Los Angeles and rising home insurance prices, policyholders are left wondering how the market will fare in 2025.

Credit:

Get a 'CLUE' Report If Your Home and Car Insurance Rates Seem Too High

Both auto and homeowners insurance rates have soared in recent years. The average homeowners insurance policy costs $231 per month, and the average person is paying nearly $600 a year for minimum a...

Credit:

I worked at Sephora for 11 years. Here are my absolute favorite beauty products of all time.

I worked at Sephora for 11 years.Nora CandrevaAfter working at Sephora for 11 years, I have lots of go-to makeup and skincare products.The First Aid Beauty facial radiance pads and pure-skin face c...

Credit:

Of all the features Google has killed, I will miss this one the most

Credit: Rita El Khoury / Android Authority As I opened Google Maps today and went to check my Timeline, I got the dreaded notification that my Timeline is going away — at least in its cu...

Credit:

Wait, Why Is Novo Selling Weight Loss Drugs for So Cheap in China?

Danish pharmaceutical company Novo Nordisk has launched its mega-popular weight loss drug Wegovy in China — and it's charging just a tiny fraction of what the blockbuster drug costs in the US. As ...

Credit:

Marc Rowan is the visionary behind Apollo's private-credit boom. Here's what happens if he leaves for the Trump White House.

Marc Rowan, CEO of ApolloArturo Holmes / GettyApollo CEO Marc Rowan has transformed Apollo since he took over as CEO in 2021.Now, he's being floated as a potential Treasury Secretary under Donald T...

Credit: