Beazley dismisses Zurich’s $10.3bn takeover attempt, stating the offer ‘significantly undervalues’ the cyber specialist.

Beazley has turned down a £7.67 billion ($10.3 billion) takeover offer from Zurich Insurance Group, leading to a tense standoff over the future of the London-based specialty insurer. The FTSE 100 company said its board unanimously rejected Zurich’s latest bid of 1,280 pence per share in cash, saying it undervalues Beazley and its potential as … Read more

When growth is created, not constructed

Curtis Barton has spent more than 20 years in the insurance business, and through his experience, he’s seen a common problem: companies growing without proper systems, data, or clear plans. This lack of integration often leads to trouble down the road. That’s why he built ALKEME Insurance differently—with a focus on clear structure and smart … Read more

SEC Prepares to Reevaluate IPO Restrictions on Mandatory Shareholder Arbitration

The Securities and Exchange Commission (SEC) is set to consider a significant change on Wednesday that could let companies going public require shareholders to settle disputes through private arbitration instead of court cases. This move could reduce investors’ ability to sue companies in open courts. For years, the SEC has had an informal rule that … Read more

Texas Cities and Counties Brace for Budget Shortfalls

Fort Worth has reached a new milestone as the fourth city in Texas with a population exceeding 1 million. The city’s population surged by more than 100,000 people between 2019 and 2024, outpacing all other major Texas cities, including nearby Dallas. Despite this rapid growth, Fort Worth is grappling with a nearly $17 million budget … Read more

Banks Should Avoid Requesting Additional Insured Status

Christopher Boggs, a leading insurance consultant, is speaking out about a growing issue in the lending world. Banks are increasingly asking business loan borrowers to add the bank as an "additional insured" on their general liability insurance policies. Boggs firmly believes this demand is incorrect and unfair. This trend caught attention when insurance agents began … Read more

Is the insurance sector at risk due to AI?

Sue Srinivasan from Arch recently shared her thoughts on how artificial intelligence (AI) is set to change the insurance industry. Speaking on Insurance Business TV, she highlighted the ways AI will impact underwriting, distribution, and job roles in the sector. AI is expected to reshape how insurers assess risks and distribute policies. By using advanced … Read more

CEO confidence falls to lowest point in five years: report

CEO confidence in global revenue growth has hit its lowest point in five years, according to a recent survey by PwC. The drop reflects growing concerns over artificial intelligence (AI), cyber risks, and geopolitical tensions, all of which are pushing business leaders to rethink how they manage their workforce and future capabilities. The survey gathered … Read more

An insurer says your Tesla drives more safely than you do.

Lemonade, a digital insurance company based in New York, is shaking up how car insurance is priced by charging customers based on whether a human or Tesla’s Full Self-Driving (FSD) system is behind the wheel. Starting later this month in Arizona, and then in Oregon in February, Tesla owners using FSD can see their pay-per-mile … Read more

Illinois Man Confesses to Setting Fire at Gas Station

A man from Belleville, Illinois, has admitted to starting a fire inside a gas station bathroom in Lebanon. Carlos A. Rodriguez, 33, appeared in federal court where he pleaded guilty to a charge of arson involving property used in interstate commerce. His sentencing is set for January 7, 2026. The incident happened on the evening … Read more