Insurance
The Fed, the Market, and What Comes Next
It’s been another eventful week in the financial world. The Federal Reserve announced a rate cut—something markets had been expecting—but...
Steadfast Group CEO “stands aside” as complaint investigated
Steadfast Group leaders are expected to address shareholders today at the firm’s Annual General Meeting following Robert Kelly’s decision to...
Allstate launches lawsuit accusing podiatrists of orchestrating no-fault fraud scheme
The lawsuit names Dr. Jeffrey I. Kriegel and Dr. William Michael Levine, along with their respective sole proprietorships and a...
Amazon Web Services outage losses could reach $581M: CyberCube
CyberCube said the outage, which occurred on October 20, affected a wide array of dependent digital platforms, including Snapchat, Fortnite,...
Tesla’s ‘Mad Max’ mode draws scrutiny as safety regulators probe aggressive driving behavior
Under U.S. regulations, Tesla’s system is classified as “Level 2 automation,” meaning that a human must remain in control and...
Global insurance rates fall amid softer market conditions – report
All global regions experienced composite rate decreases in the third quarter. The Pacific region saw the largest decline at 11%,...
Old Republic takes Citibank to court over $525k escrow fraud claim
According to the complaint, the buyer deposited the purchase funds with Old Republic Title, Ltd. On May 8, 2025, the...
Slower growth ahead for renewables sector, but insurance can keep the market charged
“Our job is to be candid with brokers and insureds about design and operational resilience, and make sure those price...
Liberty’s accelerates growth with fresh capital and new partner
Funding to boost tech, talent, and future partnerships Disclaimer: This story is auto-aggregated by a computer program and has not...
Acrisure to cut 400 accounting jobs
The decision comes as the company builds on its technology-driven strategy. In May, Acrisure secured $2.1 billion in funding from...
GEICO sues Florida clinic, claims $4.6 million PIP fraud scheme
GEICO and its affiliated companies have filed a complaint in the United States District Court for the Middle District of...
19 missing after explosion at Tennessee munitions plant
Accurate Energetic Systems, which produces explosives for military, aerospace, and commercial demolition markets, is a major employer in the rural...
