Insurers and reinsurers that provide coverage of complex risks such as marine, aviation and political violence are likely to face outsized claims as a result of the ongoing Iran conflict, said Moody's ...

Missile and drone attacks in the Gulf are increasing tail risk for marine, aviation and political violence insurers, but disciplined underwriting and reinsurance protection mean large carriers are ...

Bermuda’s insurance carriers will have to change to accommodate the type of transactions that can be seen in other markets, the island’s leading market brokers agreed, during one of the most spirited ...

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the ...

SPARTANBURG, S.C. (WSPA) — Lawmakers said changes to South Carolina’s liquor liability laws were aimed at lowering insurance costs, but bar owners said it’s done the opposite by increasing costs, ...

Starting on May 1, bars and businesses serving alcohol will adhere to a list of curricula ensuring safe and responsible alcohol service in exchange for reducing costly insurance policies.

AI could contribute up to $1.1 trillion annually to the global insurance industry. Of this, $300 billion is expected to come from AI-powered customer service and product personalization. That ...