36+ min ago  (240+ words) Forecasters with the National Oceanic and Atmospheric Administration on Thursday predicted a below-normal Atlantic hurricane season beginning June 1, though up to three major hurricanes could form. NOAA forecasts a 55% chance of a below-normal season, a 35% chance of a near-normal season…...

4+ hour, 32+ min ago  (92+ words) Business Insurance. com Strikes, riots and civil commotion claims surge: Report Escalating civil unrest across Asia in 2025 has led to significant insured losses, including over $50 million from the Indonesian riots in August and potentially exceeding $200 million from Nepal's September protests,…...

1+ hour, 48+ min ago  (127+ words) Business Insurance. com Axa XL, a division of Axa SA, promoted Nick Goepp to head of West, excess casualty and Lexi Bueno to head of Central, U. S. risk management within its U. S. casualty team. Both report to Matthew Stitham, chief underwriting officer…...

2+ hour, 23+ min ago  (112+ words) Commercial insurance premiums fell 1. 2% on average in the first quarter, marking the first time prices have declined overall since 2017, according to the Council of Insurance Agents & Brokers" quarterly survey. Pricing varied significantly by line, with property insurance decreasing the most…...

6+ hour, 29+ min ago  (908+ words) (Reuters) " President Donald Trump is expected to sign an executive order on artificial intelligence and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight…...

4+ hour, 32+ min ago  (61+ words) Business Insurance. com Sompo posts $1. 7 B 2025 profit Bermuda-based Sompo International Holdings Ltd. s 2025 profit jumped 70% to $1. 7 billion from the year prior on the back of below-average catastrophe activity, Reinsurance News reported. The companys global reinsurance revenue grew 8. 8%, driven by strong…...

4+ hour, 18+ min ago  (88+ words) Business Insurance. com Rokstone introduces cargo stock-only program Specialty managing general agent Rokstone said Thursday it launched a cargo stock-only program, backed by $25 million in capacity. The program separates inventory coverage from property or stock-throughput policies and is intended to…...

2+ week, 1+ day ago  (93+ words) Lockton appointed Aaron Culbertson leader of its U. S. real estate practice. Based in Denver, Mr. Culbertson was most recently managing director for Lockton's real estate operations in the western U. S. , the company said in a statement Wednesday. Mr. Culbertson is the first…...

2+ week, 1+ day ago  (206+ words) (Reuters) " Apple on Tuesday settled for $250 million a shareholder lawsuit brought after the company delayed artificial-intelligence upgrades to its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U. S. federal court in California in 2024, arose after the i Phone maker…...

2+ week, 1+ day ago  (8+ words) businessinsurance. com...