One Year On: LA Wildfires as a Major Stress Test for the Insurance Industry
In a recent report marking one year since the devastating wildfires in the Los Angeles area, which ignited on January 7, 2025,...
Category: Retirement
Xceedance Expands Portfolio with Acquisition of Marble Box in Illinois
Xceedance, a global leader in technology-driven business solutions tailored for the insurance industry, has made headlines with its recent acquisition of Marble...
Australia Faces Wildfire Threats Similar to Los Angeles: Millions at Risk
Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the...
AIG CEO Zaffino Steps Down to Executive Chair Role, Aon’s Andersen Takes Over
Peter Zaffino In a significant leadership change, American International Group (AIG) announced on Tuesday that CEO Peter Zaffino will step down by...
German Insurers Experience Lower-Than-Average Natural Disaster Claims in 2025
Heavy rain, flooding, storms, and hail—collectively referred to as severe convective storms (SCS)—have led to below-average claims for German insurers in 2025....
Kelso Investment Group Acquires Stake in Saga, the Travel and Insurance Company
Investment firm Kelso Group Holdings announced on Tuesday that it has acquired 400,000 shares in the British travel company Saga. This strategic...
Admiral Group Finalizes Sale of US Motor Division to Private Equity Firm J.C. Flowers
UK insurer Admiral Group plc has officially completed the sale of its U.S. motor insurance business, which includes Elephant Insurance Co. and...
Europe Supports Greenland Amid Renewed Trump Takeover Threats
European officials have rallied to support Greenland following US President Donald Trump’s renewed interest in the self-governing island, coinciding with his actions...
Virginia Supreme Court Declares Wage Theft Law Excludes Commission Payments
The Virginia Supreme Court has recently ruled that the state’s wage theft statute does not extend to employee commissions. This decision clarifies...
Is the AI Boom a Looming Bubble? Insights from Historical Trends
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we’re living through...