Article

Employee turnover is more than just a hassle for small business owners—it’s a costly problem that affects productivity, team morale, and workplace safety. Nearly all companies, 93% to be exact, have concerns about keeping their employees. When key workers leave, the cost goes beyond hiring and training replacements. It also touches on overtime wages, the … Read more

Insurers and reinsurers are starting to offer coverage specifically for mistakes made by artificial intelligence (AI) screening tools used in the lending industry. This new type of insurance focuses on protecting lenders from losses when AI models wrongly predict borrower risk, leading to higher-than-expected defaults. The coverage targets what are called “excess errors” — cases … Read more

Miami-based JAB Insurance is set to buy Utmost Group’s UK Life and Pensions business (ULP), a closed-book operation managing over £5 billion in assets and serving nearly 290,000 pensioners. The deal is expected to finalize in the first half of 2026, pending regulatory approvals and standard closing conditions. ULP works mainly in the UK bulk … Read more

Kenya’s largest insurer company by market value, Britam Holdings Ltd., is planning to expand its presence in African countries where insurance is still uncommon. The company aims to increase its revenue by growing in regions with low insurance use. Britam, which already operates in seven African nations, said it prefers buying existing businesses over starting … Read more

Liberty Mutual Reinsurance and Safehub have teamed up to launch a new earthquake insurance product called ShakeNet Parametric. This innovative insurance solution uses detailed earthquake shaking data from Safehub’s network of sensors, backed by Liberty Mutual’s reinsurance support. The partnership aims to offer faster and more accurate payouts after earthquakes, helping those affected recover sooner. … Read more

Heavy rain swept through parts of Southeast Asia this week, causing severe flooding and landslides that have claimed at least eight lives. The storm’s impact was most felt in northern and central Vietnam and northern Thailand, where communities are still coping with the damage. In Vietnam, heavy rains led to flooding across several provinces. Officials … Read more

A Florida appeals court has ruled against Citizens Property Insurance in a dispute over an assignment of benefits, finding that the assignment agreement met state legal requirements. The ruling came from the Fifth District Court of Appeal on December 19, 2025, in a case involving homeowner John Fortner and The Kidwell Group, which operates as … Read more

Kentucky’s highest court has ruled in favor of Westport Insurance in a dispute over coverage related to a wrongful conviction case. The court decided that Westport’s law enforcement liability policies, which are based on occurrences during the policy period, only trigger coverage when charges are filed—not during the time of incarceration that follows. This ruling … Read more

A Michigan appeals court has stepped in to clarify who should decide if old no-fault arbitration demands are too late, siding with arbitrators instead of trial judges. This ruling breathes new life into a long-standing dispute involving Citizens Insurance Company of America and the Estate of Abdel M. Bazzy. The legal backstory dates to a … Read more

A Los Angeles jury has awarded more than $2 million to a protester who was shot in the face with a less-lethal projectile by a sheriff’s deputy during a 2020 demonstration. The man, Cellin Gluck, was injured at a protest against police brutality following the killing of George Floyd. The jury decided that L.A. County … Read more