News Center
News Archives - Insurance Journal
Swiss Re, Munich Re and Hannover Re Top List of 40 Largest Reinsurers in 2025: S&P
Swiss Re tops the list of the world’s 40 largest reinsurers, followed by Munich Re and Hannover Re, according to S&P Global Ratings. Berkshire Hathaway Insurance Group comes in at number four, while Lloyd’s is ranked at number 5 and …
POSTED SEPTEMBER 09, 2025 5:54 AM |
Google Sued by Advertising Exchange Over Monopoly Violations
Alphabet Inc.’s Google was sued by advertising exchange PubMatic Inc., which is seeking billions of dollars over its claim that the search giant has illegally monopolized the ad technology market. The lawsuit, filed Monday in federal court in Virginia, is …
POSTED SEPTEMBER 09, 2025 5:16 AM |
Automakers Debut New EVs, Affordable Models at Munich Car Show
Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home …
POSTED SEPTEMBER 09, 2025 5:14 AM |
Disasters Damage $12.7 Billion of African Infrastructure a Year
The average annual loss of infrastructure including buildings caused by disasters in Africa is $12.7 billion, according to the Coalition for Disaster Resilient Infrastructure. Of the damage 70% is caused by floods followed by earthquakes at about 28%, which are …
POSTED SEPTEMBER 09, 2025 5:03 AM |
French Parliament Ousts Prime Minister, Deepening Political Crisis
France’s parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone’s second-largest economy. Lawmakers voted to oust Prime Minister Francois Bayrou and his minority …
POSTED SEPTEMBER 09, 2025 5:00 AM |
Agent Has No Duty to Tell Insured of Pending Nonrenewal: Connecticut High Court
A Connecticut insurance agent has no duty to inform clients that their home insurer intends not to renew their insurance policy, the state’s high court recently affirmed in a case where the homeowners had argued that their long relationship with …
POSTED SEPTEMBER 09, 2025 5:00 AM |
CIWA Launches Matt Abram Scholarship to Honor Legacy of Popular Insurance Pro
The California Insurance Wholesalers Association has created the CIWA Future Matt Abram Scholarship, established in memory of Matthew Abram. The scholarship helps celebrate Abram’s legacy of energy, community, and connection by supporting rising professionals in the property/casualty insurance sector. Scholarship …
POSTED SEPTEMBER 09, 2025 5:00 AM |
Oregon Workers’ Comp Pure Premium Rate Dropping
Oregon employers on average would pay 87 cents per $100 of payroll for workers’ compensation costs in 2026, down from 91 cents this year, under a new proposal. The Oregon Department of Consumer and Business Services called for the decline …
POSTED SEPTEMBER 09, 2025 5:00 AM |
US Property Insurance Costs Hit New High as Disasters Worsen
The cost of property insurance in the US rose to an all time-high in the first half of the year, as homeowners faced sharp price increases in states recently affected by climate-related disasters, such as California. The average insurance payment …
POSTED SEPTEMBER 09, 2025 4:15 AM |
Renaissance Introduces the First in a Suite of AI Solutions for Independent Agents
Agency network Renaissance said it has become the first of its kind to deliver an exclusive suite of artificial intelligence solutions built specifically for independent insurance agents. “Independent insurance agents face unique challenges that demand tailored solutions. Harnessing artificial intelligence …
POSTED SEPTEMBER 08, 2025 7:31 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Eaton Insurance Services confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|