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After Hedge Fund Interest, UK’s Flood Re Plans More Cat Bonds
Britain’s ultimate backstop against flood-related losses is planning to rely more on the capital markets, after...
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State Farm to Pay Record $5 Billion Dividend to Auto Clients
State Farm Mutual Automobile Insurance Co. will pay a $5 billion cash dividend to its auto-insurance...
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Hacker Used Anthropic’s Claude to Steal Mexican Data Trove
A hacker exploited Anthropic PBC’s artificial intelligence chatbot to carry out a series of attacks against...
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Ford Recalling 4.3 Million US Vehicles Over Software Issue
Ford Motor said Thursday it is recalling 4.3 million pickup trucks and SUVs in the U.S....
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‘Meaningful Decline’ in Industry Q1 Underwriting Profit Expected From Winter Storms
Another tough first quarter is in store for insurers when it comes to catastrophe losses—though not...
Fire Insurance
Vanguard Settles Collusion Suit for $29.5 Million
Texas said Vanguard Group Inc. agreed to pay a total of $29.5 million to settle a...