New York football fans may not be happy that neither the Giants nor Bills nor Jets made it to Super Bowl 2026 but there is a reason for them to tune in on Sunday anyway. During the New England Patriots and Seattle Seahawks battle, there will be a. television ad titled BILLS that addresses New Yorkers’ frustrations. The ad is from the Uber-quarterbacked Citizens for Affordable Rates (CAR), which is going on the offense with a “seven-figure statewide television and digital ad campaign” that cheerleads for New York Gov. Kathy Hochul’s re-election and her recent proposals to deflate New Yorkers’…
Author: Awais
Doctors and other health care providers are the public’s most trusted source of health information, while trust in government health agencies and officials is much more divided. A large majority of adults express at least “a fair amount” of trust in their doctor for reliable information about health issues, while half say they trust the CDC or FDA and fewer than half express trust in their state government officials, HHS Secretary Robert F. Kennedy, Jr., or President Trump. Partisanship shapes who the public trusts for health information, especially when it comes to Secretary Kennedy and President Trump. Two-thirds of Republicans,…
South Korean firms Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co. are in exploratory talks about entering India’s $130 billion insurance market, three Indian sources said. The interest comes as India has opened up its insurance sector to full foreign ownership and follows a surge of large cross-border deals in the financial sector. Korean firms have actively invested in a number of sectors in India, most notably automobiles and electronics. Last year, Hyundai Motors and LG Electronics listed their Indian units on local markets. Read more: India’s GIFT City Attracts Lloyd’s and…
Strong divisional results couldn’t quite close the gap with analyst expectations
Danone is withdrawing batches of infant formula in Austria, Germany and France, the company and an Austrian government food agency said, expanding an industry recall sparked by contamination with the toxin cereulide. Cereulide, which can cause nausea and vomiting, has been detected in ingredients from a supplier in China for several infant formula makers, including Nestle, Danone and Lactalis. The findings have triggered recalls in dozens of countries and raised concerns among parents. In France, Danone said in a statement it was withdrawing certain batches of its Gallia and Bledina brands as a precautionary step following stricter limits on Cereulide…
In the increasingly volatile world of catastrophe risk, the primary hurdle for third-party capital has rarely been the risk itself, but rather the tail; the years-long process of loss adjustment and trapped capital that follows a major event. However, CelsiusPro is making the case that parametric insurance offers a cleaner alternative for institutional investors, according to CEO Mark Rueegg.Unlike traditional insurance, which relies on manual damage assessments, parametric triggers pay out based on objective data points, such as wind speed or rainfall levels. During a recent interview with Artemis, Rueegg explained that the structural advantage for investors lies in the…
Some supertanker operators, nervous about rising US-Iran tensions and potential risks to shipping in the Strait of Hormuz, are speeding their vessels through the chokepoint. Very Large Crude Carriers are traveling around the narrow, congested waterway — through which about a quarter of the world’s seaborne oil trade travels — at as much as 17 knots, ship-tracking data show. About 13 knots is the usual top speed for a fully laden VLCC, which is typically about 330 meters (1,080 feet) long and cumbersome to maneuver. Some operators began the measures after Iran said it would conduct live-firing drills last week,…
The European Union needs to implement comprehensive regulations to manage the growing security risks posed by intelligent vehicles, particularly Chinese cars that are increasingly popular with consumers, according to a think tank. Intelligent cars, typically electric or hybrid vehicles, allow for expansive data to be collected including geospatial and personal data, Warsaw-based Center for Eastern Studies said. That leaves European countries vulnerable to cyberattack and exposed to the risk that information collected by cars can unintentionally reveal sensitive military and economic activities, it said. “The need to put intelligent vehicles on a clear regulatory footing in Europe is becoming urgent,…
Listen: More than 2 million Americans could benefit from PrEP, but only about a quarter of them are getting the HIV prevention medication. On Feb. 4, during WAMU’s “Health Hub,” KFF Health News reporter Zach Dyer shared tips for overcoming common hurdles to care. Billing mistakes. Stigma. Doctors who aren’t keeping up with the latest research. Those are just some of the hurdles that keep HIV prevention medication out of reach for many Americans. The Centers for Disease Control and Prevention estimates more than 2 million Americans could benefit from a treatment known as PrEP, but only a quarter of…
Kim Reid Trucordia hired Kim Reid as a vice president on its mergers and acquisitions team. Reid comes to Trucordia after more than two decades with Arthur J. Gallagher, where she helped build and lead the firm’s due diligence and integration programs. Reid started in sales support before moving into an analyst role on a small mergers and acquisitions team, sourcing and evaluating potential merger partners. Trucordia is headquartered in Lindon, Utah. It acquires insurance businesses that then rebrand under the Trucordia corporate umbrella. Topics Mergers & Acquisitions Was this article valuable? Yes No Here are more articles you may…
On a comparable basis, GWP declined 1.2% in reinsurance and 5.7% in insurance. Despite the contraction, Everest delivered a 2025 total shareholder return of 13.1%, with a net income return on equity (ROE) of 10.5% and operating income ROE of 12.4%. The group’s combined ratio for the year was 98.6%, including 91.7% in reinsurance and 114.6% in insurance, with attritional combined ratios of 89.6% for the group, 85.5% for reinsurance, and 100.7% for insurance.
Uber Technologies Inc. was hit with $8.5 million in damages in a trial over a 19-year-old woman’s claim that she was raped by her driver in Arizona, raising the rideshare giant’s risk of a costly settlement to resolve thousands of similar cases. The verdict reached by a nine-person jury in Phoenix on Thursday is the first time Uber has been found liable for not preventing an alleged sexual assault of a passenger. The company faces almost 3,000 similar civil lawsuits from passengers filed around the country. The company prevailed in a similar case last year in California state court. Uber…
A bill prohibiting post-loss assignment of benefits agreements passed the Washington Senate on Thursday on a unanimous vote. Senate Bill 6178 was backed by Washington Insurance Commissioner Patty Kuderer, halting post-loss assignment of benefits, an agreement that allows a third party, such as a contractor, to receive insurance payments directly from the consumer’s insurance company. The AOB practice has been abused in other states after natural disasters. When a consumer signs the agreement, their right to negotiate with the insurer shifts to the repair professional and they lose control over their claim. This has led to delays in repair work…
A unit of Aon Plc agreed to settle a class-action lawsuit alleging that calculation errors and faulty investment advice caused Pennsylvania public school teachers to make millions of dollars in extra contributions to their pension fund. The firm’s Aon Investments USA subsidiary agreed to pay $15 million to settle the allegations, according to a filing last week in federal court in Philadelphia. It’s the third settlement between teachers and advisers to the $80 billion Pennsylvania Public School Employees’ Retirement System, the state’s largest public pension fund. Asset managers Hamilton Lane and Portfolio Advisors previously settled allegations in the case after…