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The Hanover Reports 18% Growth in Q4 Net Income
Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio remained relatively flat at 89.0 versus 89.2 the …
POSTED FEBRUARY 04, 2026 1:19 PM |
Move to Ban Social Media for Kids Gains Traction Across Europe
European countries are taking their broadest swipe yet at social media, with a growing number weighing bans of the services for minors and setting the stage for a new showdown with some of the biggest US companies. The policy was …
POSTED FEBRUARY 04, 2026 11:14 AM |
Congo Fighting Drove Spike in Insurance Costs, Squeezing Miners, Insurer Says
Political violence insurance premiums in Democratic Republic of Congo jumped as much as tenfold last year due to unrest in the east, boosting insurers but lifting costs for copper-cobalt miners, insurance executives told Reuters. Rwandan-backed AFC/M23 rebels overran eastern Congo’s …
POSTED FEBRUARY 04, 2026 10:52 AM |
China to Ban ‘Hidden’ Car Door Handles to Address Safety Fears
China will ban ‘hidden’ car door handles from 2027, becoming the first country to phase out a design pioneered by Tesla and adopted by Chinese competitors including Xiaomi. The hidden handle design, which functions through a key fob or mobile …
POSTED FEBRUARY 04, 2026 10:09 AM |
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid
Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310 pence a …
POSTED FEBRUARY 04, 2026 9:37 AM |
Elon Musk Loses Bid to Dismiss SEC Lawsuit Over Twitter Stake
A federal judge on Tuesday rejected Elon Musk’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. U.S. District Judge Sparkle Sooknanan in Washington, …
POSTED FEBRUARY 04, 2026 6:30 AM |
People Moves: Hub International Names Baldrica Chief Sales Officer, US Employee Benefits; Bernards Hired as Alternative Risk Practice Leader
Hub International Limited (HUB), headquartered in Chicago, Illinois, named Andrea Baldrica as chief sales officer of U.S. Employee Benefits. Baldrica will be responsible for driving HUB’s national employee benefits sales strategy and comprehensive growth across its employee benefits services. Baldrica …
POSTED FEBRUARY 04, 2026 6:10 AM |
APCIA Testifies in Support of the Fix Our Forests Act
The American Property Casualty Insurance Association testified on Capitol Hill Jan. 3 in support of the Fix Our Forests Act. The legislation, led by Reps. Bruce Westerman, R-Ariz., and Scott Peters, D-Calif., was passed by the House following the January …
POSTED FEBRUARY 04, 2026 6:05 AM |
New Association Wants Florida to Become a Major Domicile for Captives
It’s probably too late for 2026 legislative session, but by this time next year, a newly formed Florida group hopes it will be well on its way toward a new set of laws that will help Florida become a powerhouse …
POSTED FEBRUARY 04, 2026 6:01 AM |
Policy Expert Ochs Is NJ Gov. Sherrill’s Choice as Banking and Insurance Commissioner
New Jersey Governor Mikie Sherrill said she will be nominate Susan Ochs, a financial services and economic policy expert, as Commissioner of the Department of Banking and Insurance (DOBI). Ochs served as a senior advisor to the head of the …
POSTED FEBRUARY 04, 2026 6:00 AM |
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