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Insurance

Insurance products and industry updates

White Gold Project Valued at Nearly C$2 Billion in Latest Assessment
BANKING

White Gold Project Valued at Nearly C$2 Billion in Latest Assessment

A recent assessment of White Gold's mine project reveals a C$1.9 billion valuation, indicating strong potential for growth and production.

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Tennessee Appeals Board Ruling Caps Workers' Comp Payments Despite Treatment Denials
INVESTING

Tennessee Appeals Board Ruling Caps Workers' Comp Payments Despite Treatment Denials

Tennessee's Workers' Compensation Appeals Board ruled employers pay capped fees for unauthorized treatments, limiting their financial liability even after denials.

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Court Upholds Insurer’s Control of Defense in Multi-Insured Dispute
BANKING

Court Upholds Insurer’s Control of Defense in Multi-Insured Dispute

A federal appeals court affirms an insurer's right to control defense despite conflicts among co-insured parties, impacting legal strategies moving forward.

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Florida Appeals Court Upholds Insurer's Appraisal Rights in Coverage Dispute
INVESTING

Florida Appeals Court Upholds Insurer's Appraisal Rights in Coverage Dispute

A recent ruling reinstates People's Trust's right to appraisal, clarifying insurers' options even after litigation begins.

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Navigating Knowledge Gaps in Insurance as Experienced Professionals Retire
ECONOMY

Navigating Knowledge Gaps in Insurance as Experienced Professionals Retire

The retirement of seasoned insurance professionals is exposing significant knowledge gaps that threaten effective risk management and client relations.

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Private Credit Surges Among Life Insurer Bonds, Prompting Regulatory Overhaul
BANKING

Private Credit Surges Among Life Insurer Bonds, Prompting Regulatory Overhaul

Almost half of US life insurers' bonds are now privately placed, driving significant portfolio shifts and regulatory changes within the industry.

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Largo Resources Sees Stock Rise as Copper and PGMs Enter Production in Brazil
MARKETS

Largo Resources Sees Stock Rise as Copper and PGMs Enter Production in Brazil

Largo Resources' shares rose nearly 15% following the company's approval to produce copper and platinum group metals at its Brazilian vanadium mine.

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Rethinking Extreme Weather: From Property Protection to Comprehensive Business Resilience
INVESTING

Rethinking Extreme Weather: From Property Protection to Comprehensive Business Resilience

Extreme weather risks extend beyond physical damage, necessitating a shift toward comprehensive business resilience strategies for effective risk management.

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Smart Glasses Raise New Liability Concerns in Schools and Beyond
INVESTING

Smart Glasses Raise New Liability Concerns in Schools and Beyond

The rise of smart glasses is prompting serious liability concerns for various sectors, particularly in managing risks related to misconduct and privacy.

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Lincoln Financial Navigates Leadership Changes While Pushing Forward With Strategic Initiatives
INVESTING

Lincoln Financial Navigates Leadership Changes While Pushing Forward With Strategic Initiatives

Despite recent leadership departures, Lincoln Financial continues to drive growth and strategic transformation, focusing on capital returns and operational momentum.

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Los Azules Copper Project Advances Toward Investment Decision Amid New Financing Plans
BANKING

Los Azules Copper Project Advances Toward Investment Decision Amid New Financing Plans

Momentum builds for the Los Azules copper project in Argentina, with completion of engineering work and strategic financing initiatives paving the way for development.

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Barrick and Newmont Resolve Dispute with $1.95 Billion Settlement
STOCKS

Barrick and Newmont Resolve Dispute with $1.95 Billion Settlement

Barrick and Newmont have resolved their disputes over Nevada Gold Mines, with Newmont paying $1.95 billion and allowing Barrick to pursue an IPO.

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Tightened Broker Rules Amid ACA Enrollment Decline and Fraud Concerns
INVESTING

Tightened Broker Rules Amid ACA Enrollment Decline and Fraud Concerns

Federal regulators are imposing stricter rules on brokers handling ACA applications, targeting alleged fraudulent enrollments and improving accountability.

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Small Group Health Insurance Premiums Set for 14% Surge in 2027
ECONOMY

Small Group Health Insurance Premiums Set for 14% Surge in 2027

Small group health insurance premiums are expected to rise by 14% in 2027, driven by higher medical costs and increasing use of specialty drugs.

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Job Losses in Insurance Reflect Broader Trends in Financial Sector Decline
BANKING

Job Losses in Insurance Reflect Broader Trends in Financial Sector Decline

Insurance job losses illustrate a wider contraction in the financial sector, impacting various segments as firms adjust to evolving market conditions.

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Aflac Reports US Sales Growth Amid Rising Claims Costs and Adjusted Profit Margins
BANKING

Aflac Reports US Sales Growth Amid Rising Claims Costs and Adjusted Profit Margins

Aflac's US supplemental health sales rose in Q2 2026 but faced margin pressure due to climbing claims costs, reflecting broader trends in employer health benefits.

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Berkshire Hathaway Sees Major Profit Spike, Yet GEICO Faces Underwriting Challenges
STOCKS

Berkshire Hathaway Sees Major Profit Spike, Yet GEICO Faces Underwriting Challenges

Berkshire Hathaway's net earnings surged due to investment gains, but GEICO's underwriting income plummeted, signaling potential rate adjustments.

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Auto Insurance Shopping Declines as Policyholders Switch Carriers Driven by Affordability
BANKING

Auto Insurance Shopping Declines as Policyholders Switch Carriers Driven by Affordability

Auto insurance shopping fell in Q2 2026 as affordability spurred policyholders to switch carriers, highlighting evolving consumer behavior.

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NI Holdings Achieves Profitability Amid Strategic Shift in Auto and Crop Insurance
ECONOMY

NI Holdings Achieves Profitability Amid Strategic Shift in Auto and Crop Insurance

NI Holdings returned to profitability by exiting non-standard auto insurance and growing its crop insurance business, indicating shifting market dynamics for brokers.

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Rethinking Flood Risk: Insights from Neptune Flood's Analysis of Hurricane Activity
BANKING

Rethinking Flood Risk: Insights from Neptune Flood's Analysis of Hurricane Activity

Neptune Flood's latest analysis highlights persistent flood risks despite a quiet hurricane season, urging brokers to engage clients on coverage options.

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