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A New York City construction company has agreed to pay $1.5 million to settle accusations that it broke workers’ compensation rules, retaliated against injured workers, and failed to handle sexual harassment on the job. The settlement involves Alba Services, its owner Andrew Horan, and several related companies. The New York Attorney General’s office revealed that … Read more

In today’s housing market, it’s not unusual to have a home worth $1 million or more, and with that often comes insurance policies that have large windstorm deductibles—sometimes as high as $100,000. To help homeowners manage this, a company called Mission, based in Alpharetta, Georgia, has introduced a new program this month. The program, named … Read more

Business development managers (BDMs) play a vital role in the insurance world, often serving as the main link between brokers and insurers. Because of this, they carry a lot of responsibility and are seen as some of the broker’s closest partners. Insurance Business is now on the lookout for standout BDMs across America who deserve … Read more

Rajiv Matta, Chief Innovation Officer at MSI, shared insights on how artificial intelligence is reshaping the insurance world in ways we’ve never seen before. Speaking on March 19, 2026, Matta explained that while AI isn’t new, the speed and depth of change it brings to Managing General Agents (MGAs) is unlike anything from past tech … Read more

Insurers are moving beyond just trying out artificial intelligence (AI) and focusing on making it a real part of their business. This shift was clear during Insurtech Insights Europe 2026 in London, where tech leaders from the insurance world shared their thoughts on where AI is working well and where it still has room to … Read more

The Michigan Department of Insurance and Financial Services (DIFS) is using Cybersecurity Awareness Month as a chance to remind people in the state to protect themselves from scammers and cyberattacks. With so much happening online, the department wants everyone to take simple but important steps to keep their personal information safe. DIFS suggests starting with … Read more

A new study reveals that the carbon footprint of eating beef in the United States varies a lot depending on where you live. Researchers found that a burger in Houston has a bigger environmental impact than one in San Francisco, and beef in Dallas produces more emissions than in Chicago. The difference comes mostly from … Read more

Chubb reported a strong third quarter, with net income rising more than 20% from a year ago to reach $2.8 billion. The insurer also posted record property and casualty underwriting income of $2.26 billion. This underwriting profit was 55% higher than in the same quarter last year, helped by a combined ratio—an industry measure of … Read more

The government of Saskatchewan and Bell Canada have teamed up for a massive $12-billion project to build a new data centre. This development, set to start construction this spring in the Rural Municipality of Sherwood, aims to make Saskatchewan a key player in artificial intelligence infrastructure across Canada. The facility will span 90,000 square feet … Read more

The ongoing conflict in the Middle East is causing serious disruption for the global shipping industry. Experts are calling the situation chaotic, as trade routes close and insurance costs skyrocket, leaving shippers and insurers scrambling to keep up. The trouble started when the Strait of Hormuz effectively shut down and attacks by Houthi forces in … Read more