Article

Zurich Insurance Group has reported impressive results for the first half of the year, with business operating profit rising 6% to a record $4.2 billion. The company’s core return on equity also reached an all-time high of 26.3%, highlighting strong financial health. CEO Mario Greco credited this success to Zurich’s smart approach to underwriting and … Read more

Flooding is becoming a regular and serious problem in Texas, with some communities facing the risk of repeated damage. Experts on housing and urban planning are now urging the state to start a voluntary buyout program. This would give residents living in high-risk flood areas a chance to move out safely. About 5 million people … Read more

In the construction world, contracts do more than just set the scope of work—they decide who is responsible if something goes wrong. This idea is called contractual risk transfer, and it’s something contractors and business owners need to understand to avoid unexpected costs and keep insurance affordable. Tanner Webb, a construction underwriter at Central Insurance, … Read more

Tesla has received approval to operate a rideshare service in Texas, marking a new step for the company’s self-driving taxi ambitions. Tesla Robotaxi LLC has been granted a transportation network company license by the Texas Department of Licensing and Regulation. This license allows Tesla to run its robotaxi service alongside other ride-hailing giants like Uber … Read more

In 2025, more wealthy art collectors are making fine art a bigger part of their wealth, with about 20% of their portfolio invested in art, up from 15% just a year earlier. But as this interest grows, both collectors and insurers are becoming more careful about managing risks related to changing values and threats like … Read more

After the 2008 economic downturn, Matthew Jacquel faced a tough decision point in his career. Originally working in construction safety management, he found the industry had dried up where he was, leaving few job options. Jacquel took a chance and switched to insurance consulting, a move that has now lasted 16 years. Today, he is … Read more

A new report reveals that many employees feel left out of conversations about how artificial intelligence (AI) will affect their jobs. The study, conducted by Mercer and involving over 8,500 workers worldwide, highlights a big communication gap between leadership and staff. Most employees say their CEOs, HR leaders, and even direct managers rarely discuss AI’s … Read more

In Minnesota, some cities are reluctant about the new legal cannabis market, while others see a chance to benefit. Elk River is one of 13 cities thinking about opening city-owned cannabis stores, a move that’s new and rare in the U.S. City Administrator Cal Portner explains that although the city council isn’t thrilled about legal … Read more

Iowa’s Attorney General Brenna Bird has announced two settlements related to environmental violations at local facilities. These cases were handled on behalf of the Iowa Department of Natural Resources. Agri Star Meat and Poultry, LLC has agreed to pay a $50,000 fine. The company must also fully comply with its wastewater discharge permit by the … Read more

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