Insurance Journal

The reinsurance industry's robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. "The key question is whether reinsurers can maintain underwriting discipline or will irrational competition eme

Swiss Re AG's first-half profit beat estimates as the reinsurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts. Profit for the second quarter was $1.3 billion, resulting in net income of $2.8 b

The U.S. is enduring one of its worst wildfire seasons in years, with blazes scorching millions of acres. It's part of a global pattern of hot, dry conditions that favor fires becoming more common with climate change. Fires that erupted in and around Spok

Demand for ocean divers who specialize in barnacle scraping is soaring as ships stranded in the Persian Gulf for more than three months prepare to

The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor's

A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West

Recent cyberattacks on public defenders' offices in multiple Western US states have spotlighted the technological vulnerabilities of an often overlooked

Tech companies Google and Palo Alto Networks are sounding the alarm over the "Scattered Spider" hacking group's interest in the aviation sector. In a

Erie Insurance reports that it has made progress in reconnecting several business systems and applications as it continues to recover from a network

Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie