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DUAE Growth Expected to Moderate; Outlook Stable: AM Best
AM Best is maintaining its stable outlook for the delegated underwriting authority enterprise (DUAE) segment, citing continued premium growth, strong demand for specialty expertise and technology, and a growing emphasis on underwriting discipline and governance. The segment recorded its fifth …
POSTED NOVEMBER 10, 2026 4:48 PM |
Global Climate Talks Open With Big Questions, Smaller Goals
Climate negotiators from almost 200 countries will spend the next two weeks at an annual United Nations summit under a dark cloud of waning ambition to tackle rapidly rising global temperatures. The negotiating agenda at COP31, which opened Monday in …
POSTED NOVEMBER 10, 2026 4:19 PM |
Impersonation Top Scam Handled by Allstate
Nearly 60% of scam cases handled by Allstate between January through September 2026 involved impersonation, according to stats provided by the insurer. Scammers posing as trusted people or organizations, such as banks, law enforcement agencies, delivery companies or family members, …
POSTED NOVEMBER 10, 2026 4:11 PM |
Five Weeks After Isaias, 68,000 Claims and $736M in Losses, Florida Carrier Data Show
Property insurance claims from Hurricane Isaias have so far reached 68,000, totaling $736 million in losses, putting the Oct. 9 storm in line with Hurricane Sally, a minor storm that hit the same Panhandle area in 2020. The Florida Office …
POSTED NOVEMBER 10, 2026 4:10 PM |
Insurtech Lemonade Posts $43.7M Loss for Q3
Insurtech Lemonade reported a third quarter 2026 net loss of about $43.7 million compared with a loss of about $37.5 million during the same time in 2025. For the nine months ended Sept. 30, Lemonade has posted a net loss …
POSTED NOVEMBER 10, 2026 3:44 PM |
Maryland’s CIS Group Joins Ensurise
Independent insurance brokerage Ensurise, LLC announced that CIS Group has officially joined its organization. The merger was effective October 30, 2026. Terms were not disclosed. CIS Group, of Rockville, Maryland, is an independent insurance brokerage serving the Washington, D.C. metropolitan …
POSTED NOVEMBER 10, 2026 3:14 PM |
Top UK Regulator Says Banks Are Trimming AI Risk as Alarm Grows
UK banks have begun trimming exposure to artificial intelligence as alarm mounts about a brutal correction in the sector, according to the Bank of England’s top supervisor. In her first interview since taking over the Prudential Regulation Authority in July, …
POSTED NOVEMBER 10, 2026 3:10 PM |
Billionaire Tax Measure on California Ballot Defeated
A billionaire tax that U.S. Senator Bernie Sanders and other progressives championed as an antidote to economic inequality and a potential model for the rest of the country was defeated in California, U.S. media projected. Proponents had estimated Prop 40 …
POSTED NOVEMBER 10, 2026 2:41 PM |
Measles Cases in Pennsylvania Now Surpass 1,500: State Health Department
The number of measles cases in Pennsylvania reached 1,505 as of Monday, up 18 from the previous update on Friday, as the state battles its worst outbreak of the disease in years. Here are more details: Pennsylvania reported 73 new …
POSTED NOVEMBER 10, 2026 1:52 PM |
Nvidia-Backed Fireworks AI Notifies Customers of Its Second Hack in Weeks
Fireworks AI, a popular startup that helps companies run artificial intelligence models, notified customers on Monday of a security breach in which their data was accessed, its second known hack in a matter of weeks. A Fireworks spokesperson said the …
POSTED NOVEMBER 10, 2026 1:37 PM |
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