Admin – EGOCENE

How ‘Super Roofs’ Reward Insurers, Cat Bond Investors and Homeowners

Admin — Mon, 01 Dec 2025 14:45:33 +0000

As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund disaster preparedness: a …

Death of Teenager on Carnival Cruise Ship Ruled a Homicide

Admin — Mon, 01 Dec 2025 14:04:03 +0000

The death of a Florida teenager on a Carnival cruise ship earlier this month has been ruled a homicide, the latest development in a case that has drawn international attention and sparked intense speculation on social media. Anna Kepner’s cause …

Air France, Airbus Dispute Pilot Roles in Rio-Paris Crash

Admin — Mon, 01 Dec 2025 13:14:14 +0000

Air France and Airbus clashed over the role of pilots in a mid-Atlantic crash that killed 228 passengers and crew more than 16 years ago as the two companies fought corporate manslaughter charges at the climax of an eight-week appeal …

Amazon Wins Injunction Against New York Law on Labor Relations

Admin — Mon, 01 Dec 2025 13:13:45 +0000

A federal judge last Wednesday granted Amazon.com a preliminary injunction to block the New York State Public Employment Relations Board from enforcing a new state law that the online retailer considers an attempt to illegally regulate private-sector labor relations. The …

Hong Kong’s Deadliest Fire in Decades Followed a Year of Safety Complaints

Admin — Mon, 01 Dec 2025 11:53:13 +0000

Residents of the housing complex that was engulfed in Hong Kong’s deadliest blaze in seven decades were told by authorities last year that they faced “relatively low fire risks” after complaining repeatedly about fire hazards posed by ongoing renovation works, …

PE Firms EQT, CVC Drop $3.44B Pursuit of Australian Broker AUB Group; Shares Drop

Admin — Mon, 01 Dec 2025 11:01:28 +0000

Australia’s AUB Group said on Monday its suitors EQT and CVC Asia Pacific had abandoned their pursuit that valued the insurance broker at A$5.25 billion ($3.44 billion), sending its shares more than 17% lower. Shares of the Sydney-based firm plunged …

Unlocking the Future Workforce in High School: The Impact of Emerging Talent Programs and Local Industry Engagement

Admin — Mon, 01 Dec 2025 10:00:40 +0000

The future of insurance is sitting in today’s classrooms. We hold this truth to be self-evident: when young people gain insurance knowledge, real exposure to professional pathways, and meaningful engagement with industry professionals, the results are extraordinary. “For well over …

US E&S Outlook No Longer Positive: AM Best

Admin — Mon, 01 Dec 2025 06:53:59 +0000

AM Best revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced. The change comes as rates soften and premium growth moderates. “Although favorable market conditions for E&S writers …

Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge

Admin — Mon, 01 Dec 2025 06:15:57 +0000

A federal judge dealt a setback to customers suing Burger King over advertising for its Whopper sandwiches, saying their claims were too disparate to justify certifying a nationwide class action. The lawsuit by 19 customers in 13 U.S. states accused …

Deadly Bear Attacks in Japan Prompt New Products From Insurers

Admin — Mon, 01 Dec 2025 06:10:25 +0000

Hardly a day goes by in Japan without news of another bear attack, but a problem that’s worrying local residents, tourists and farmers and hampering leisure-related businesses is presenting an opportunity for insurers. Tokio Marine & Nichido Fire Insurance Co. …