The Allstate Corporation, a publicly held personal lines insurers in the United States, reported first quarter 2025 financial results reflecting a solid underwriting result and disciplined risk management, even in the face of severe weather events. The company led with robust performance in underwriting, reporting a Property-Liability underlying combined ratio of 83.1%—an improvement of 3.8…
In Stone Mountain, Georgia, the shadow of the state’s Confederate history casts a wide shadow — literally. It’s home to the country’s largest Confederate monument, with Confederate President Jefferson Davis and generals Robert E. Lee and Thomas “Stonewall” Jackson carved on the mountainside. Skyler Henry reports on a renewed effort to shine more light on…
Young adults, particularly those ages 18-25, are more likely to be covered as dependents than adults overall (72% vs. 32%). The Affordable Care Act (ACA) requires most employer plans to allow young adults to remain on a parent’s plan until age 26.
President Trump signs order on reciprocal tariffs; Democrat-backed Susan Crawford wins Wisconsin Supreme Court race
Erin Patterson, 50, is charged with three murders with a toxic mushroom-laced beef Wellington.
AM Best, a credit rating agency focused on the insurance industry, has warned that the planned imposition of a 25% tariff on imports from Canada and Mexico, along with increased tariffs on China, is likely to negatively affect the insurance industry, particularly in the US homeowners’ and auto insurance sectors. According to AM Best, President…
Zurich-based catastrophe insurance data provider PERILS AG has added market sums insured for the peril of severe convective storm (SCS) in Europe, Japan, and New Zealand to its 2025 Industry Exposure Database (IED), citing growing demand from re/insurers following multi-billion-dollar loss events in Germany, France, and Italy in recent years. For those unaware, the IED…
Acrisure Re US, Ltd., the re/insurance division of global insurance and financial services provider Acrisure, has announced the promotion of Tom Deane to Managing Director, Head of Acrisure Re Corporate Advisory & Solutions, LLC. Deane will lead ARCAS US and serve as its supervisory principal, continuing to report to Ben Canagaretna, Global Managing Director of…
Trump speaks with Zelenskyy to discuss reaching ceasefire with Russia; Family of missing spring breaker believes she drowned
Can bitcoin serve as a global currency, store of value, or does it remain purely speculative? We analyse key monetary properties, investment risks, and institutional adoption.