Business Insurance

23/10/2025

Reddit sues Perplexity for scraping data to train AI system

Social media platform Reddit sued artificial intelligence startup Perplexity in New York federal court on Wednesday, accusing it and three other companies of unlawfully scraping its data to train…

23/10/2025

Chubb posts record P/C profits in third quarter

Record quarterly property/casualty profits coupled with a record-low combined ratio propelled Chubb to third-quarter net income of $2.80 billion, up 20.5% from third-quarter 2024.

22/10/2025

Amazon discriminated against pregnant, disabled warehouse workers: N.J.

The state of New Jersey sued Amazon.com on Wednesday, accusing the company of unlawfully refusing workplace accommodations to warehouse employees who have disabilities or were pregnant and firing some…

22/10/2025

Jaguar Land Rover hack cost UK economy an estimated $2.5 billion: Report

The hack of Jaguar Land Rover, owned by India’s Tata Motors, cost the British economy an estimated 1.9 billion pounds ($2.55 billion) and affected over 5,000 organizations…

22/10/2025

Lockton hires former Marsh energy leader

Lockton announced Wednesday that it has hired former Marsh executive Mike Gaudet to the newly created position of strategic business development leader for its U.S. energy practice.

22/10/2025

Congratulations, Sabrina!

Sabrina Hart, President & CEO of Munich Re Specialty, is recognized as one of the top 10 Iconic Leaders of Women to Watch.

Don't forget to register today and join us in celebrating Sabrina and the top 10 Icon Leaders at the Women to Watch Awards in NYC on November 11th!

https://bit.ly/3JyjYBe

22/10/2025

Starwind hires CannGen cannabis executive

Starwind Specialty Insurance Services, the program management division of CRC Group, Tuesday said it has named former CannGen Insurance Services executive Charles Pyfrom as executive vice president…

22/10/2025

Insurers must face claim over plugged oil well: Appeals court

Lloyd’s of London insurers cannot deny a claim over a Texas oil well that was plugged after a contractor used the wrong cement mix for its casing, a federal appeals court ruled Monday.

22/10/2025

AIG names global head of credit lines

American International Group announced Monday that Christophe Letondot has rejoined the company as global head of credit lines.

22/10/2025

Berkley Q3 profit rises on investment gains, steady underwriting

Commercial insurer W.R. Berkley reported a rise in third-quarter profit on Monday, boosted by robust investment gains and steady underwriting performance.

22/10/2025

Brown & Riding names national professional liability practice leader

Dallas-based wholesaler Brown & Riding said Tuesday it appointed Wes Benefield as national professional liability practice leader.

21/10/2025

Chubb’s Q3 profit jumps on lower cat losses, higher investment returns

Chubb reported a rise in third-quarter profit on Tuesday, helped by lower catastrophe losses, higher investment returns and strong underwriting fees.