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

Investing

ANV Group to Acquire Assured Underwriting Group From Mobeus

ANV Group has agreed to buy the London-based travel insurance MGA, which serves more than 1,600 clients across Europe.

Jun 29, 2026 • 5 min read

Investing

Tennessee Board Reverses Additional Disability Benefits Award in Topgolf Knee Case

The board ruled that a second surgery recommendation alone didn’t undo the worker’s earlier maximum medical improvement finding.

Jun 29, 2026 • 5 min read

Investing

Tennessee Appeals Board Keeps Amazon Worker’s Benefits on Hold Pending Medical Review

The board upheld a pause in temporary disability and medical benefits while the worker’s doctor reviews job duties and MRI records for causation.

Jun 29, 2026 • 5 min read

Economy

Texas Appeals Court Denies Workers’ Compensation Death Benefits in Company Vehicle Commute

A Texas appeals court found an Energy Transfer technician was commuting home, so his fatal drive in a company vehicle wasn’t work-related.

Jun 29, 2026 • 5 min read

Investing

Grubhub and Jersey Mike’s Face Lawsuit Over Dentures Allegedly Found in Sandwich

A New Jersey customer alleges he found dentures in a delivered Jersey Mike’s sandwich; Grubhub says the driver is no longer contracted.

Jun 29, 2026 • 5 min read

Markets

July Property Reinsurance Renewals Point to Further Rate Cuts

Abundant capital is supporting double-digit property rate reductions, while loss history and pressure on marine reserves may shape results.

Jun 29, 2026 • 5 min read

Banking

Abbott Formula Probe Ends With Civil Penalties, WSJ Reports

The Justice Department reportedly closed its criminal probe into Abbott over its Michigan formula plant, opting to seek repayment tied to federally fu...

Jun 29, 2026 • 5 min read

Banking

School Generative AI Use Raises Oversight, Liability and Insurance Questions

Generative AI’s unpredictable outputs complicate school oversight and insurance, leaving districts to weigh student access against potential duty-of-c...

Jun 26, 2026 • 5 min read

Investing

Marsh Posts $26.66 Billion in 2025 Brokerage Revenue as Organic Growth Cools

Marsh revenue rose 10.9% to $26.66 billion, while underlying growth slowed amid softer pricing, talent competition and a push into AI.

Jun 26, 2026 • 5 min read

Investing

Aon’s 2025 Brokerage Revenue Rose 10.4% to $16.99 Billion

Aon grew revenue through producer hiring, technology and acquisitions as softer property pricing and AI concerns weighed on the brokerage sector.

Jun 26, 2026 • 5 min read

Banking

Insurance Brokers Turn to AI as Softer Rates Raise Pressure on Growth

AI is starting to reshape brokerage staffing as softer property rates sharpen the focus on sales, data and productivity. Consolidation remains a growt...

Jun 26, 2026 • 5 min read

Banking

WTW Brokerage Revenue Reaches $9.77 Billion as Newfront Expands U.S. Reach

WTW’s Newfront acquisition adds scale and technology as softer pricing slows brokerage growth; the company reported signs of a second-quarter rebound.

Jun 26, 2026 • 5 min read

Investing

Insurance Brokers Shift Toward Risk Advisory as Technology and Rates Change

Technology and softer insurance rates are pressuring brokerage growth, but firms are adapting by investing in talent, new services and data center ris...

Jun 26, 2026 • 5 min read

Investing

SpaceX Plans Texas Pipeline to Supply Starship’s Methane Fuel

SpaceX plans an eight-mile pipeline and on-site methane production at Starbase, aiming to support a far higher Starship launch cadence.

Jun 25, 2026 • 5 min read

Investing

Saudi Aramco Prepares to Resume Ras Tanura Crude Loadings

Bahri tankers are positioning near Ras Tanura as Saudi Arabia prepares to restore exports from its main Gulf terminal, though shipping remains cautiou...

Jun 25, 2026 • 5 min read

Investing

Equinor’s $390 Million Troll Expansion Targets 2028 Gas Start

The TWIN project aims to add 11 billion cubic meters of gas from Troll, extending output from a field that supplies about 10% of Europe’s annual deman...

Jun 21, 2026 • 5 min read

Banking

Real Retail Sales Rebound, but Core Spending Shows Recent Deceleration

CPI-adjusted retail sales rose, while sales excluding autos, auto parts and gasoline eased over the latest two months.

Jun 18, 2026 • 5 min read

Economy

OpenAI Secures Legal Victory Against xAI's Trade Secrets Allegations

A federal judge has dismissed the lawsuit filed by Elon Musk’s xAI, which claimed that OpenAI unlawfully acquired trade secrets, signaling a significa...

Jun 15, 2026 • 5 min read