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Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030
May 28 2025 // Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end of the decade, its...
First Heat Wave of Season to Bake West, Increasing Wildfire Risk
May 27 2025 // Extreme heat levels of are expected in the western United States later this week, raising the risk wildfires and heat-related illnesses and putting a strain on power grids.Meteorologists at AccuWeather say a strong dome of...
Political Risk Cover Demand Rises, but GWP Growth Lags: Report
May 27 2025 // Demand for political risk insurance is likely to rise by 33% due to tariff uncertainty and the instability of the current trading environment, according to Howden’s 2025 survey of multinational corporates with...
Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says
May 23 2025 // The future of underwriting will be built on closer relationships between carriers and insurance agents, with carriers working hand-in-hand with agencies to maximize profits from books of business.That was the word from...
Senate Votes to Block California’s Rule to Ban Sale of New Gas-Powered Cars by 2035
May 22 2025 // The Senate voted on Thursday to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035, moving to kill the country’s most aggressive effort to transition toward electric...
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
May 22 2025 // Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property, according to a new report from research firm Marathon Strategies.The number...
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