Brookfield Wealth Solutions is entering the UK pension insurance market, it said on Monday, as the Canadian financial giant looks to tap into strong demand from companies to offload their pension scheme risks to insurers. The move – subject to …

U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen, while dismissing fears of a possible recession. “You know …

U.S. Supreme Court justices signaled sympathy on Tuesday toward a bid by two American gun companies to throw out the Mexican government’s lawsuit accusing them of aiding illegal firearms trafficking to drug cartels and fueling gun violence in the southern …

A large swathe of Australia’s east coast is preparing for strong winds and life-threatening flooding from a tropical cyclone that’s forecast to make landfall north of the nation’s third-largest city. Cyclone Alfred was about 630 kilometers (391 miles) east of …

Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent. The cost to build a crossover …

Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed. RMA provides commercial and personal insurance products as well as tailored life …

Pay for women and men at firms in Australia’s financial and insurance services sector remains among the most unequal, according to government data that was expanded to include the salaries of more workers and a deeper analysis of wages. The …

South Carolina’s governor declared a state of emergency this week as dozens of wildfires burned across parts of North and South Carolina, causing evacuations, minor property losses and unhealthy air quality. State, local and national news sites reported that more …

Italian businessman Francesco Gaetano Caltagirone has recently raised his stake in insurer Generali to 8%, MF newspaper reported on Tuesday, citing financial sources. A spokesperson for Caltagirone had no immediate comment. According to MF, the businessman strengthened his position in …

A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude sued GEICO on Feb. 25, alleging the …

Kraken said the US Securities and Exchange Commission has agreed in principle to drop its lawsuit against the cryptocurrency exchange, the latest in a series of dismissals of legal actions against crypto companies by the market regulator. There will be …

As public perception and the legality of cannabis and other novel psychoactive substances continue to evolve, what emerging risks and litigation should insurance professionals keep an eye on? Last week, Verisk Analytics hosted a webinar to answer those questions and …

SCARBOROUGH, Maine (AP) — The waters off New England had another warm year but didn’t heat up as fast as earlier this decade, bucking a trend of higher warming worldwide, said scientists who study the Atlantic Ocean near Maine. The …

MIAMI BEACH, Fla. (AP) — Miami Beach broke up with spring break last year and city leaders still aren’t interested in couples counseling. Officials recently announced they were bringing back enhanced security measures for practically the entire month of March, …

Defending workers’ compensation claims from employees who have not disclosed previous injuries may have just become a little more complicated for employers and insurance carriers in Georgia. The Georgia Court of Appeals last week found that a long-standing defense against …

Florida insurance regulators have asked companies to hand over extensive amounts of data on people’s pharmacy claims, including personal information and prescription drug usage, an unusual move for a state regulator that’s raising privacy concerns. An eight-page request went out …

Adding a dependent to an open workers’ compensation death benefits claim does not constitute a separate claim, the New Hampshire Supreme Court ruled last week. Furthermore, the court concluded, there is no statutory time limit for the dependent of a …

A fertilizer manufacturer has been fined $394,200 for the death of a worker killed by toxic gasses at a work site. The Washington State Department of Labor & Industries fined Two Rivers Terminal LLC for safety violations following the death …

Authorities in Arizona are investigating a crash that killed four people and left two in critical condition after several tractor-trailers collided with nearby cars on a highway. Firefighters hosed down charred cars as billowy smoke covered the roadway after seven …

Delaware has begun a program that promises to reduce premiums for 2025 crop insurance plans for producers who had an eligible plan in 2024. The reduction is equal to 30% of the 2024 total premium with a maximum of $10 …