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First Internet Bank Sues American General Over $1.4 Million Life Insurance Claim Chicago, IL — August 8, 2025 — First Internet Bank of Indiana has filed a lawsuit against American General Life Insurance Company, alleging the insurer failed to pay a $1.4 million claim tied to a life insurance policy used as collateral for a … Read more
Depending on what you define as a “drug”, drug use is non-existent in Canada. Eleven per cent of the Canadian population “have a drug or alcohol problem” according to a CBC survey, but this does not include people who use drugs recreationally without a “problem”. That number, especially when you include alcohol and cannabis, is … Read more
Insurers Launch Federal Fight to Void $2 Million Yacht Insurance Policy In a significant legal battle, Accelerant Specialty Insurance Company, Texas Insurance Company, and Certain Underwriters at Lloyd’s of London have filed a complaint in the U.S. District Court for the Middle District of Florida to void a $2 million commercial yacht insurance policy issued … Read more
Insurers Face Tipping Point as Climate Losses Climb and Capital Strains Deepen New York, August 9, 2025 – The global insurance industry is grappling with an unprecedented crisis as climate-driven catastrophes push it toward a potential tipping point, with insured losses soaring and capital reserves under severe strain. A new World Economic Forum report paints … Read more
Password reviews during employee exits are critical to safeguard organizational security, ensure compliance, and maintain operational continuity. Below is a detailed explanation of why they are essential, drawing on insights from recent reports and best practices: 1. Prevent Unauthorized Access 2. Protect Sensitive Data 3. Ensure Regulatory Compliance 4. Mitigate Insider Threats 5. Address Credential … Read more
Insurers Move to Block Coverage in Dude Products Class Action Lawsuit In a notable legal battle unfolding in 2025, Owners Insurance Company and Auto-Owners Insurance Company have filed a lawsuit in a Chicago federal court to avoid covering Dude Products, Inc. in a class action case. The class action, filed in California, claims that Dude … Read more
AXIS Capital Reports Strong Q2 2025 Results with Higher Net Income and Insurance Growth Hamilton, Bermuda – July 30, 2025 — AXIS Capital Holdings Limited (NYSE:AXS) has announced its financial results for the second quarter of 2025, showcasing robust growth in net income, driven by strong underwriting performance and significant gains in its insurance segment. … Read more
Travelers Loses $27M Battle Over Maxus Metropolitan Fire Insurance Claim in Landmark Ruling New York, NY – August 29, 2025 – In a significant victory for policyholders, Travelers Insurance Company has been ordered to pay $27 million to Maxus Metropolitan, LLC, following a protracted legal battle over a denied fire insurance claim stemming from a … Read more
By Workplace Trends AnalystPublished: July 20, 2025 In the evolving landscape of workplace dynamics, the traditional reliance on inspiration as a primary driver of employee buy-in—commitment to an organization’s vision, goals, and culture—has lost its edge. While inspirational leadership, rousing speeches, and compelling mission statements once sufficed to rally employees, the workforce of 2025 demands … Read more
July 7, 2025 The insurance industry, long perceived as a slow-moving giant tethered to legacy systems, is undergoing a seismic shift driven by artificial intelligence (AI). Far from being just another tool in the toolkit, AI is redefining how insurers operate, interact with customers, and manage risks, creating a more efficient, customer-centric, and innovative landscape. … Read more