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A large brush fire burning north of Los Angeles has forced thousands of people to evacuate and is one of two major wildfires currently threatening California. The blaze, known as the Canyon fire, has spread across nearly 4,850 acres in Los Angeles and Ventura counties since it began Thursday afternoon. Fire officials say it is … Read more

Willis, part of the WTW group, has named Louie Clarke as its new global head of claims strategy and execution within the Risk & Broking division. The announcement came on Monday, signaling a key leadership change at the company. Clarke, who will be based in London, will lead the development and rollout of claims services … Read more

Next week, Sotheby’s will auction Gustav Klimt’s stunning Portrait of Elisabeth Lederer, a six-foot painting rich in both beauty and history. The piece, expected to sell for over $150 million, ranks among the most expensive artworks ever sold. But beyond the auction excitement, the question arises: how do you insure a painting with such a … Read more

Macquarie analysts expect that QBE, the Australian insurer listed on the ASX, may announce a ongoing share buyback program in February. This move is seen as a way for the company to manage its excess cash, which currently sits at over US$300 million and could grow to US$600 million by the end of the financial … Read more

Root Inc., the parent company of Root Insurance based in Columbus, Ohio, reported a strong financial turnaround in the second quarter of 2025. The company posted a net income of $22 million for Q2, a significant improvement from a loss of $7.8 million during the same period last year. This follows a solid first quarter, … Read more

One of the country’s biggest auto insurers is under fire for allegedly making robocalls without getting the proper consent from consumers. Yevonne Powers filed a class-action lawsuit against Liberty Mutual Insurance on November 5, 2025, in a Massachusetts federal court. She claims the company repeatedly called her cell phone with prerecorded messages, despite her number … Read more

The Louisiana Department of Insurance is rolling out an updated version of its mobile app just in time for the busiest part of hurricane season. The new LDIConnect app is designed to keep people informed and safe as storms approach, with peak hurricane activity expected around September 10. This upgraded app offers a variety of … Read more

The Trump administration is continuing its fight to withhold full food stamp benefits from states during the ongoing government shutdown. This comes after a lower court order last week demanded the use of $4 billion from another fund to pay for Supplemental Nutrition Assistance Program (SNAP) benefits in full, CNN reports. With nearly 42 million … Read more

Fela Abioye, managing director at The Hartford, recently shared his thoughts on some of the big changes happening in the insurance world. Speaking on Insurance Business TV, he talked about the challenge of bringing in young talent and why it’s important to attract fresh, exciting people to the industry. He also highlighted the role of … Read more

The Missouri Department of Commerce and Insurance has made several key leadership appointments recently. Angela Nelson, the department director, announced that new leaders have been named for four important roles: Deputy Department Director, General Counsel, Director of Insurance Consumer Affairs, and Director of DCI Administration. Gina Clark is returning to the department as deputy director. … Read more