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Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms also agreed to enter a …

Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm, fuzzy feeling you get when you have great coverage at a great price. Liberty Mutual first introduced the phrase “Liberty …

A Florida teen dropped his lawsuit on Wednesday against Meta Platforms META.O, canceling a Los Angeles trial over claims the social media company’s apps caused his depression and anxiety. The trial, which had been slated to begin on Monday, was …

California workers’ compensation premium growth leveled off as rates stabilize, but rising cumulative trauma claims continue to drive claim frequency higher, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its 2026 State of the System …

The Automobile Insurance Plans Service Office (AIPSO) appointed Executive Vice President Les Willis as president and CEO. Willis succeeds President and CEO Charles Kwolek, who is retiring after a 32-year career with the organization. Prior to joining AIPSO, Willis served …

All Peril severity reached an all-time high in 2025, rising 25.9% from a year earlier, a new report shows. LexisNexis Risk Solutions released its 2026 U.S. Home Trends Report, which looks at loss cost, claims frequency and severity. Related: Changes …

PG&E Corp. reported a 7.6-gigawatt increase in its data center pipeline during the second quarter as the artificial intelligence build-out gains momentum. The California utility’s pipeline of proposed data center projects totaled 12.7 gigawatts at the end of June, up …

A judge rejected Zelle’s bid to dismiss a lawsuit by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. In a …

Safety Insurance Group Inc,, a property/casualty insurer in Massachusetts and New England, has agreed to be acquired by Spain’s Mapfre S.A. in an all-cash transaction valued at approximately $1.54 billion. Under the terms of the agreement, a subsidiary of Mapfre …

Brown & Riding to announced that Abe Kane has joined its National Casualty Practice. With over 20 years of industry experience, Kane specializes in casualty solutions for public entities and higher education institutions. His background spans underwriting, reinsurance, and specialty …

The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen’s Iran-aligned Houthis attacked at least one tanker overnight, sources said. The Houthis said their forces had carried out missile and drone …

One of Florida’s largest property insurers won a major victory Wednesday from an appeals court, which found that a jury’s $335,000 award in a claims dispute over plumbing damages was far out of line with the evidence. “The verdict was …

Eight people have been sentenced to prison for their roles in a $1.2 million travel insurance fraud kickback scheme, the U.S. Attorney’s Office, Southern District of Indiana announced. According to court documents, Jennifer Fleener devised a scheme in 2016 to …

Insurance broker Gallagher has relaunched its aviation insurance web portal — Jacinth — which provides clients with an interconnected insurance management system. The new enhanced digital platform is designed to help clients drive efficiency and offers analytical insights on their …

Michigan health officials reported 7,171 cases linked to an outbreak of cyclosporiasis on Wednesday, up 600 cases since its last update on Tuesday. The outbreak of the intestinal infection in Michigan has resulted in 102 hospitalizations, according to the state …

Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat waves created tinderbox conditions. Hundreds of firefighters are battling blazes that have so far burned 3,100 hectares in the Bassin …

A federal judge cast doubt on July 22 on claims by approximately 69,000 people alleging that Johnson & Johnson’s JNJ.N baby powder and other talc products caused ovarian cancer, saying plaintiffs must provide more specific evidence or risk having their …

South Korea has been hit by a “significant” data leak that could affect all of its diplomats following a breach at a government-run training academy. A system that held roughly 10,000 records of current and retired diplomats is believed to …

Technology-driven insurer Root has launched its behavior-based car insurance in New Jersey, marking its 37th state. Using mobile telematics, Root calculates its rates primarily on actual driving performance, such as focused driving, smooth braking, and gentle turns. The system can …

A Mexican man who was struck and killed by a tractor trailer in Florida after running from federal immigration officers was vacationing in the U.S. and had a tourist visa, according to a Mexico official and a group assisting his …