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Thomson Reuters Detects Cyber Incident, Says Unauthorized Party Accessed Files
A unit of Thomson Reuters detected a cybersecurity incident in 11 U.S. states, the U.S. Virgin Islands and Canada on June 30 involving the company’s C-Track case management platform, according to a notice from the company on Wednesday and a …
POSTED SEPTEMBER 03, 2026 2:52 PM |
Trump Says Iran Strikes to Be Short, Asserts Hormuz Control
President Donald Trump said renewed attacks on Iran would likely be short-lived, reiterating his claim that the US controls the crucial Strait of Hormuz after fresh fighting spiked energy prices and rekindled fears of an open-ended war. Asked on Wednesday …
POSTED SEPTEMBER 03, 2026 2:23 PM |
Floridians Saved Almost $3B on HO and Auto Premiums Last Year, Actuarial Report Finds
Average homeowner insurance rates in Florida did not decline in 2025, but they increased less than 1%, down sharply from the double-digit average increases seen in 2022 and 2023. And auto insurance rates in the state did fall—by 4.1% last …
POSTED SEPTEMBER 03, 2026 1:55 PM |
Berkshire CEO Abel Says AI to Help Power Growth
Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after Berkshire made Alphabet its third-largest common stock holding. Abel separately said American consumers remain under stress from …
POSTED SEPTEMBER 03, 2026 1:48 PM |
Judge Bars EPA Effort to Send California Vehicle Emissions Rules to Congress
A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress. The four waivers sent by the EPA to Congress for review granted California …
POSTED SEPTEMBER 03, 2026 1:37 PM |
Lloyd’s Reports Improved Combined Ratio on H1 Underwriting Profit of £1.9B
Lloyd’s of London reported an improved first-half combined ratio of 90.8%, (H1 2025: 92.5%), which drove an underwriting profit of £1.9 billion (US$2.6 billion), compared with £1.5 billion (US$2.0 billion) in H1 2025. The major claims ratio improved to 6.8% …
POSTED SEPTEMBER 03, 2026 1:09 PM |
People Moves: Silva to Succeed Retiring Welch as Amica Chief Claims Officer
Silva to Succeed Retiring Welch as Amica SVP and Chief Claims Officer Amica Mutual Insurance Co., headquartered in Lincoln, Rhode Island, announced that Sean Welch, senior vice president and chief claims officer, will retire at the end of the year …
POSTED SEPTEMBER 03, 2026 9:00 AM |
UN Warns Global Warming Will Exceed 1.5C and Must Be Reversed
Since countries signed onto the 2015 Paris Agreement, the United Nations has regularly reported on the world’s progress at limiting global warming to 1.5C above pre-industrial levels. A landmark UN report published today brings an end to that era — …
POSTED SEPTEMBER 03, 2026 8:56 AM |
Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says
South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on Thursday. Samsung Fire and Marine Insurance Co. and …
POSTED SEPTEMBER 03, 2026 8:07 AM |
Markets/Coverages: Philadelphia Insurance Debuts Platform for Storage Tank Policies
Philadelphia Insurance Companies (PHLY) announced the launch of PHLY TankEAS, a self-service online platform that allows agents and brokers to quote, bind, and issue admitted policies for eligible risks under PHLY’s Storage Tank Environmental Policy (STEP) program. The portal reduces …
POSTED SEPTEMBER 03, 2026 6:53 AM |
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