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Category: Finance

Associated Industries demands Colony pay $3.35 million in Texas dispute
Finance

Associated Industries demands Colony pay $3.35 million in Texas dispute

On May 15, 2019, Rim sold the project to Passco Companies, LLC, which ultimately assigned its interest to Passco Tribute…

fasttrackinsureAugust 11, 2025
Munich Re posts H1 profits of €3.2bn
Finance

Munich Re posts H1 profits of €3.2bn

The reinsurance giant booked a record-breaking second-quarter result of €2.1bn       Related Stories Daily Digest: Insurers grapple with digital assets,…

fasttrackinsureAugust 11, 2025
Scottsdale Insurance challenges Cheesecake Factory injury coverage in federal court
Finance

Scottsdale Insurance challenges Cheesecake Factory injury coverage in federal court

Reyes filed a lawsuit in Clark County District Court, Nevada (Case No. A-24-895563-C), naming All Type as a defendant and…

fasttrackinsureAugust 11, 2025
Softening in cyber market slowing: Gallagher
Finance

Softening in cyber market slowing: Gallagher

Ransomware, supply chain attacks and state actors among leading cyber risks       Related Stories Daily Digest: Insurers grapple with digital…

fasttrackinsureAugust 10, 2025
Erie Indemnity Q2 net income climbs on policy service gains
Finance

Erie Indemnity Q2 net income climbs on policy service gains

Sales and advertising costs also rose by $2.8 million, while healthcare-related personnel expenses increased year-over-year. For the first six months,…

fasttrackinsureAugust 10, 2025
US insurance associations oppose federal reinsurance
Finance

US insurance associations oppose federal reinsurance

Namic warns Schiff's Insure Act will distort market       Related Stories Softening in cyber market slowing: Gallagher Munich Re posts…

fasttrackinsureAugust 10, 2025
Hazmat trucking faces new pressures – how can brokers help?
Finance

Hazmat trucking faces new pressures – how can brokers help?

“The regulatory landscape is evolving rapidly, making it essential for hazmat trucking companies to stay informed about upcoming changes,” he…

fasttrackinsureAugust 10, 2025
World’s biggest shipowner files for limitation on India spill payout
Finance

World’s biggest shipowner files for limitation on India spill payout

The Indian government is seeking $1bn compensation for the incident       Related Stories Daily Digest: Insurers grapple with digital assets,…

fasttrackinsureAugust 10, 2025
Are insurers holding enough reserves? What recent trends reveal
Finance

Are insurers holding enough reserves? What recent trends reveal

Industry-wide shift toward under-reserving?  In recent development years, particularly from 2020 to 2024, the reserve-to-paid-loss ratio has trended sharply downward…

fasttrackinsureAugust 9, 2025
How insurers are venturing into digital assets
Finance

How insurers are venturing into digital assets

Protection is becoming more available, but a lack of information and familiarity with the industry leaves insurers somewhat reluctant to……

fasttrackinsureAugust 9, 2025

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