GM recalls nearly 600,000 trucks, SUVs over risk of engine failure
The recall follows a January investigation by U.S. auto safety regulators into reports of engine failure in certain GM vehicles.
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Insurers to navigate any challenges arising from new tariffs: KBW
Analysts at KBW have indicated that insurers should be able to navigate any challenges arising from the recently announced U.S. tariffs, with industry players likely having ample time to request rate increases, which state regulators are generally expected to approve. In what U.S. President Donald Trump described as the beginning of a “golden age” for…
3/30/2025: Hostages; Voice of America; Left Behind
First, freed Israeli hostage Yarden Bibas speaks out. Then, a report on what Trump’s silencing of Voice of America means for listeners worldwide. And, a look at California wildfires cleanup challenges.
Howden Scotland acquires Edinburgh-based SKB Independent Insurance Brokers
Howden Scotland, part of the global insurance intermediary group Howden, has announced the acquisition of the book of business of Edinburgh-based SKB Independent Insurance Brokers Limited. Founded by CEO Satvinder Breeze, SKB provides insurance services to businesses across Scotland and the UK. SKB has been rebranded as Howden and will be integrated into the Howden…
Trump announces 10% baseline tariff on all countries | Special Report
President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News’ special report.
2024 Employer Health Benefits Chart Pack
This slideshow captures key data from the 2024 KFF Employer Health Benefits Survey survey, providing a detailed look at trends in employer-sponsored health coverage, including premiums, employee contributions, cost-sharing, abortion coverage, offer rates, wellness programs, and other employer practices.
Lancashire’s GPW up 12.7% in Q1’25
Bermuda-based insurer and reinsurer Lancashire Holdings Limited reported a 12.7% year-on-year increase in gross premiums written (GPW) to $712.1 million for the three months ended 31 March 2025, up from $631.7 million in the same period last year. The reinsurance segment contributed $482.3 million to the Q1 total, up from $399.7 million a year earlier….
U.S. falls to lowest-ever ranking on 2025 World Happiness Report
The United States fell to its lowest-ever place on the World Happiness Report, released on International Day of Happiness, while Finland remained in the top spot.
LA wildfires erode ‘a good portion’ of Lancashire’s annual aggregate reinsurance deductible
Losses from the extremely damaging and costly Los Angeles, California wildfires have eroded “a good portion” of the annual deductible of Bermuda-based Lancashire’s aggregate reinsurance cover, the company has revealed. Last month, Lancashire announced estimated, aggregate net ultimate losses from the January 2025 wildfires in California of between $145 million and $165 million. The firm…
Vivere to fund strategic expansion with new $7.5m investment
Specialty insurance platform Vivere Partners has secured $7.5 million in Series A funding, led by General Catalyst, Pathlight Ventures and Greenlight Re, to drive strategic expansion. The funding will also be used to recruit top underwriting talent and develop advanced technology infrastructure. Founded by insurance and engineering experts, and led by Chris McKechnie and Sachith…