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In recent years, a noticeable shift has taken place in insurance-related lawsuits across U.S. federal courts. Since 2022, the number and types of disputes over insurance coverage have changed significantly, moving away from patterns seen during the pandemic and the earlier decade. New data reveals that claims under homeowners’ policies, business liability coverage disagreements, and … Read more

Meta Platforms Inc. has agreed to pay $190 million to settle claims that its board, including CEO Mark Zuckerberg, failed to stop repeated privacy violations and arranged a deal to protect Zuckerberg from personal liability. The settlement was revealed in Delaware Chancery Court filings on Thursday after being kept secret since a trial was paused … Read more

The 2025 Atlantic hurricane season is coming to a close on November 30, showing a mix of intense storms and quieter periods. According to the National Oceanic and Atmospheric Administration (NOAA), the season fell within the expected range of activity they predicted. One big highlight: for the first time in ten years, not a single … Read more

Insurance companies are changing the way they handle routine tasks by mixing artificial intelligence (AI) with human help. Instead of relying solely on AI or outsourcing work to business process outsourcing (BPO) teams, many insurance carriers and managing general agents (MGAs) are now using both together. This new approach is speeding up work, cutting costs, … Read more

Poland’s deputy prime minister has warned that Russia is likely to increase its sabotage efforts in the country after a recent explosion on a key rail route to Ukraine. The blast, which Polish authorities blame on Russian intelligence, has raised concerns about the safety of civilians and critical infrastructure in the NATO member state. Krzysztof … Read more

At this year’s Applied Net conference, insurance agents were buzzing about the tools from EZLynx that are making their work easier and more effective. Both seasoned agency owners and newcomers shared how EZLynx is helping them improve client service and run their businesses smoother. A big highlight was EZLynx’s all-in-one management system. This platform combines … Read more

The Trump administration has labeled the Cartel de los Soles, a group tied to Venezuela’s government and military, as a foreign terrorist organization. This move, announced on Monday, is expected to make it even harder for foreign oil companies working in Venezuela to operate safely. Experts say the designation raises big risks for companies like … Read more

Africa Specialty Risks (ASR) has started a new Lloyd’s syndicate, called Syndicate 2454, in South Africa. This move marks ASR’s effort to provide insurance and reinsurance locally in South Africa and nearby countries. The new office is based in Sandton, giving underwriters the chance to offer AA-rated insurance solutions tailored to the region’s specialty markets. … Read more

Allianz SE is considering cutting jobs at its assistance and travel insurance unit, Allianz Partners, as the company looks to use artificial intelligence more in its operations. The job cuts are expected to affect call center roles. Reports suggest that between 1,500 and 1,800 positions could be cut over the next year to a year … Read more

Pennsylvania Gov. Josh Shapiro announced on Monday that the state is providing an extra $220 million to help SEPTA, Philadelphia’s mass transit agency, address safety concerns with its aging Silverliner IV railcars. This move comes after federal authorities ordered SEPTA to take steps to prevent fires following five incidents involving these railcars earlier this year. … Read more