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Latest News & Web Pages
State Farm faces license suspension over alleged mishandling of LA wildfire claims
3+ hour, 26+ min ago (425+ words) "We are taking decisive action to hold them accountable." California is sending a major message to State Farm after accusing the insurance company of mishandling wildfire claims tied to the devastating January 2025 fires in Los Angeles County. The Los Angeles…...
Alcoa, Retirees Reach Deal In 7th Circ. Life Insurance Fight - Law360 Employment Authority
13+ hour, 58+ min ago (107+ words) Alcoa, Retirees Reach Deal In 7th Circ. Life Insurance Fight'Law360 Law360 | The Practice of Law Law360 Authority | Deep News & Analysis Law360 Pulse | The Business of Law Alcoa, Retirees Reach Deal In 7th Circ. Life Insurance Fight By Corey Rothauser " May 5, 2026, 2: 28 PM EDT /employment-authority/tracked_cases? case_id=68caf30d5177532cb9791997&case_title=Edmond+Butch…...
Zurich appoints Wayne Leow as Malaysia commercial insurance head " (Re)in Asia
4+ hour, 13+ min ago (250+ words) Emerging risks | Growth Opportunities | APAC Insurance Zurich Insurance has appointed Wayne Leow as head of commercial insurance for Malaysia, the companny announced in a media release on Wednesday. Leow joins Zurich from Chubb Malaysia, where he worked for over seven…...
Insurance giant raises alarm over business insolvencies
5+ hour, 21+ min ago (542+ words) The fallout from the Middle East conflict is reversing the economic props that have supported South African businesses, with insolvencies expected to start ticking up in 2026 after several years of decline. This year, local business insolvencies " the state in which…...
Risk managers urged to take strategic, problem-solving approach
11+ hour, 16+ min ago (370+ words) PHILADELPHIA " Risk professionals should tap into animal traits and take a strategic, curiosity-driven approach to risk, rather than just buying insurance and hoping for the best, panelists said Tuesday at the Risk & Insurance Management Society's Riskworld conference. Effective risk management…...
AI in Insurance Drives 21% Revenue Gap Among Leaders
13+ hour, 51+ min ago (789+ words) But while the headlines celebrate revenue growth, the deeper story is about capability." The success of AI trailblazers in insurance is not accidental. It stems from their ability to integrate AI into core business functions rather than treating it as…...
Aon reels in new chief commercial officer for SEA
10+ hour, 11+ min ago (87+ words) Tan also held roles in the banking sector. Aon has appointed Richard Tan as its new chief commercial officer for Southeast Asia. Tan, who has been with Aon for more than seven years, has held the same role for Aon's…...
New York Times sued by EEOC over diversity goals
12+ hour, 55+ min ago (177+ words) (Reuters) " The New York Times was sued on Tuesday by the U. S. Equal Employment Opportunity Commission, which accused the newspaper of passing over a white man for a top editorial role in favor of a less-qualified candidate to meet diversity goals....
Asia's commercial insurance rates drop 5% in Q1 2026
10+ hour, 56+ min ago (297+ words) This marks the seventh straight quarter of declines across the region. Commercial insurance rates in Asia fell by 5% in the first quarter of 2026 (Q1 2026), making it the seventh quarter in a row of rate decreases. According to Marsh's Asia Insurance Market…...
California says State Farm violated the law in handling of insurance claims after 2025 LA wildfires
19+ hour, 7+ min ago (454+ words) By TR'N NGUY'N, Associated Press SACRAMENTO" " California is seeking millions of dollars in penalties from State Farm after an investigation found the insurance company was slow to investigate and underpaid claims from the 2025 Los Angeles-area wildfires, regulators announced Monday. The…...