Investing

China Expands Support for Foreign Reinsurers at Shanghai Center

China plans to support overseas reinsurers and brokers expanding in its market, including dedicated custody and fund settlement accounts in Shanghai.

Jul 10, 2026 • 5 min read

Investing

Marsh Takes Full Ownership of Thailand Venture, Rebrands as Marsh Risk

Marsh has acquired full ownership of its Thailand joint venture, which will operate as Marsh Risk (Thailand) Company Ltd.

Jul 10, 2026 • 5 min read

Investing

Perils Lowers Goretti Windstorm Insured Loss Estimate to €468 Million

Perils’ third estimate puts insured losses from January’s European windstorm Goretti at €468 million, or $535 million.

Jul 10, 2026 • 5 min read

Investing

Taiwan Cancels Flights, Ferries and Rail Services as Typhoon Bavi Approaches

Typhoon Bavi’s approach has disrupted transport across Taiwan, with airlines changing flights and eastern ferry services suspended through Saturday.

Jul 10, 2026 • 5 min read

Investing

Delaware court trims Surteco’s coverage suit against AIG over failed flooring deal

An AIG unit has partially defeated a lawsuit over an acquisition gone wrong, but one of the buyer’s key claims will move forward.

Jul 07, 2026 • 5 min read

Banking

3M and Chubb Unit Settle Bair Hugger Insurance Coverage Dispute

A confidential settlement closes a coverage dispute over Bair Hugger litigation, with 8,411 cases pending in Minnesota as of July 1.

Jul 07, 2026 • 5 min read

Banking

IMA Financial Names Rich Garner President of IMA Carolinas

Rich Garner will lead IMA Carolinas’ 75-person team across North and South Carolina, succeeding Jeff Haney, who becomes an executive adviser.

Jul 07, 2026 • 5 min read

Investing

Massachusetts Court Seeks Explanation for 14.6% Workers’ Comp Rate Cut

The court upheld the commissioner’s authority to reject proposed rates but sent the 2024 and 2025 decisions back for further explanation.

Jul 07, 2026 • 5 min read

Investing

Adam Winslow Named CFC Group CEO, Succeeding Louise O’Shea

CFC has appointed former Direct Line CEO Adam Winslow to lead the business this summer, subject to regulatory approval, as Andy Holmes serves as actin...

Jul 07, 2026 • 5 min read

Banking

Meta Puts $1.4 Trillion Figure on Four States’ Penalty Demand

Meta says four states are seeking $1.4 trillion in penalties ahead of an August trial over claims that its platforms harmed young users.

Jul 07, 2026 • 5 min read

Investing

California Restaurant Allergen Law Raises Disclosure and Liability Risks

California’s allergen menu rule puts pressure on restaurant chains to keep disclosures accurate across kitchens and digital channels as they update co...

Jul 07, 2026 • 5 min read

Investing

Adaptive Insurance Raises $5 Million, Bringing Total Funding to $10 Million

Adaptive Insurance’s new financing will support specialty coverage, distribution growth and development of its climate intelligence platform.

Jul 07, 2026 • 5 min read

Economy

Canada’s Q1 Recession Call Could Change With GDP Revisions

Canada’s Q1 GDP fell 0.1% at an annualized rate, but past revisions and firmer monthly employment data complicate the recession call.

Jul 06, 2026 • 5 min read

Investing

Insurance Industry News: Hub IPO Plans, Broker Moves and Reinsurance Rates

This week’s most-read insurance stories covered Hub International’s IPO filing, broker departures and falling property reinsurance renewal rates.

Jul 03, 2026 • 5 min read

Investing

Utz Potato Chip Recall Covers More Than 744,000 Bags Amid Salmonella Risk

FDA classified Utz’s Zapp’s and Dirty chip recall as Class I after a seasoning ingredient raised salmonella concerns; no illnesses have been reported.

Jul 02, 2026 • 5 min read

Investing

Smucker Prevails in Chubb Coverage Dispute Over 2022 Jif Recall

A Sixth Circuit ruling limits Smucker’s policy retentions to $250,000 under each of two policies, rejecting Ace’s $112.5 million lot-based calculation...

Jul 02, 2026 • 5 min read

Investing

Texas Appeals Court Affirms Workers’ Compensation Bar in Swabco Truck Crash Case

A Texas appeals court upheld summary judgment for Swabco, finding the worker’s evidence didn’t meet the substantial-certainty standard for intent to i...

Jul 02, 2026 • 5 min read

Banking

Washington Fines Farm Contractor $692,750 Over Worker-Protection Violations

Washington cited Superbee Contracting for six violations affecting nearly 1,200 farmworkers across four counties and Oregon.

Jul 02, 2026 • 5 min read

Banking

Water Damage and Theft Outpaced Fireworks in July Fourth Home Claims

Mercury Insurance found water damage led July Fourth homeowner claims, while theft and vandalism rose nearly 23% versus a typical summer weekend.

Jul 02, 2026 • 5 min read

Banking

San Francisco Archdiocese Reaches $395 Million Settlement in Bankruptcy Case

The proposed $395 million deal would resolve the archdiocese’s bankruptcy case and compensate about 530 people who reported childhood abuse by priests...

Jun 29, 2026 • 5 min read