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As the holiday season approaches, Insurance Business has a message of thanks for its readers. The publication has enjoyed a record-breaking year in 2025, with a big rise in readership and several industry awards recognizing both the publication itself and some of its journalists. This success is largely credited to the ongoing support from its … Read more

A federal appeals court has ruled that Peloton Interactive must face a lawsuit claiming it misled shareholders by hiding extra inventory as the COVID-19 pandemic’s impact waned. The 2nd U.S. Circuit Court of Appeals in Manhattan reversed a lower court’s decision, allowing investors to pursue claims that Peloton made false statements that inflated its stock … Read more

Ford Motor Company is recalling hundreds of thousands of vehicles in the U.S. due to multiple safety concerns, according to the National Highway Traffic Safety Administration (NHTSA). The recalls cover issues ranging from faulty instrument panel displays to brake fluid leaks and problems with tail lights and airbags. One major recall involves more than 355,000 … Read more

A former insurance agent from Georgia has admitted to using more than $200,000 from one client’s policy to pay for other expenses, including premiums for other customers. Jeremy Lasseter, who worked for Alfa Insurance in Warner Robins, pled guilty this week in federal court. He faces up to 30 years in prison, a potential $1 … Read more

Cyber risks are changing quickly, but for many small and mid-sized businesses, cyber insurance isn’t keeping up. Brian Clifford, president of the West Region and executive risk at Highstreet Insurance Partners, shared his thoughts on this challenge in an interview. He said the industry still struggles to bring clear and urgent solutions to these smaller … Read more

Beazley’s Lindsay Shipper recently joined Insurance Business TV to discuss an important issue in the insurance world: protection gaps. She emphasized how insurers and brokers need to team up to close these gaps, especially when it comes to cyber risks and environmental concerns. The conversation also covered how the Excess and Surplus (E&S) market plays … Read more

Bill Ackman is making a big move to reshape Howard Hughes Holdings, the Texas-based real estate firm, by stepping into the insurance world. He has agreed to buy Vantage Risk, a property and casualty insurer based in Bermuda, for $2.1 billion. This deal is part of his plan to build a company similar to Berkshire … Read more

A large fire broke out last Friday at an automotive lubricant plant in Roseland, Louisiana, sparking multiple explosions and sending thick smoke and soot into the surrounding area. The blaze, which spread over 20 acres, led to the evacuation of about 800 residents in this small town located roughly 50 miles northeast of Baton Rouge. … Read more

Guy Carpenter and Aon have both announced significant leadership changes. Jeremy Goodman is joining Guy Carpenter as their new chief client and growth officer, while Aon has promoted Tom Anderson to head of Professional Services at their Global Broking Centre in London. Goodman brings nearly 40 years of experience in the reinsurance industry. He comes … Read more

A telecom frequency outage forced the Federal Aviation Administration (FAA) to stop all arriving flights at Newark Liberty International Airport for over an hour on Thursday. The disruption mainly affected flights landing at Newark, a major hub for United Airlines, while departures continued as usual. Flight tracking site Flightradar24 confirmed that flights headed to Newark … Read more