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The Hanover Reports 75% Growth in Q3 Net Income
Insurance Journal | October 30, 2025
The Hanover Reports 75% Growth in Q3 Net Income
Third quarter net income for The Hanover Insurance Group grew to $178.7 million compared to $102.1 million during the same period a year ago. The Worcester, Massachusetts-based insurer’s Q3 combined ratio improved to 91.1 from 95.5 a year ago during …
People Moves: NFP Appoints Keefe Head of Northeast Broking
Insurance Journal | October 30, 2025
People Moves: NFP Appoints Keefe Head of Northeast Broking
NFP, an Aon company headquartered in New York City, appointed Andrew Keefe as senior vice president, Northeast broking leader. Based in Albany, New York, Keefe has nearly two decades of experience in the commercial insurance industry. He has been with …
Congress Shielded Gun Firms From Lawsuits. Some Blue States Eye Loophole.
Insurance Journal | October 30, 2025
Congress Shielded Gun Firms From Lawsuits. Some Blue States Eye Loophole.
Two decades after a Republican-controlled Congress gave gun manufacturers immunity from being sued over crimes committed with their firearms, blue state Democrats upset about gun violence think they’ve found a way to penetrate that legal shield. Since 2021, 10 states …
FBI Searched California Real Estate Firm Linked to Bad Bank Loans, Lawsuit
Insurance Journal | October 30, 2025
FBI Searched California Real Estate Firm Linked to Bad Bank Loans, Lawsuit
The FBI last month searched the offices of a California real estate investment firm Continuum Analytics, which is linked to bad loans recently disclosed by Zions and Western Alliance, according to legal correspondence seen by Reuters. Continuum Analytics is an …
Federal Judge in Mississippi Admits Staff Used AI to Draft Inaccurate Order
Insurance Journal | October 30, 2025
Federal Judge in Mississippi Admits Staff Used AI to Draft Inaccurate Order
A federal judge in Mississippi has admitted that his staff used artificial intelligence to draft a flawed court order, after months of speculation and an inquiry from a U.S. senator. U.S. District Judge Henry T. Wingate sent a letter on …
Re/Insurer Convex Announces New Ownership Structure With AIG as Minority Investor
Insurance Journal | October 30, 2025
Re/Insurer Convex Announces New Ownership Structure With AIG as Minority Investor
Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm Onex Corp., with American International Group becoming a strategic minority equity investor. Onex will acquire a 63% equity stake in …
Monkeys Escape From Overturned Truck on Mississippi Highway
Insurance Journal | October 30, 2025
Monkeys Escape From Overturned Truck on Mississippi Highway
Monkeys being transported on a Mississippi highway escaped captivity Tuesday after the truck carrying them overturned, according to law enforcement. All but one of the escaped monkeys were killed, the Jasper County Sheriff’s Department said in a post on Facebook, …
GEICO, Daimler Launch Connected Insurance Program for Truck Fleets
Insurance Journal | October 30, 2025
GEICO, Daimler Launch Connected Insurance Program for Truck Fleets
Daimler Truck Financial Services USA LLC (DTFS), the captive finance partner of Daimler Truck North America LLC, and GEICO announced the launch of Connected Insurance, a new data-driven insurance program designed to help Freightliner and Western Star owner-operators and small …
Microsoft Azure’s Services Restored After Global Outage
Insurance Journal | October 30, 2025
Microsoft Azure’s Services Restored After Global Outage
Microsoft said late on Wednesday it had resolved an outage of its Azure cloud platform that had impacted the tech giant’s suite of productivity software, and a range of industries worldwide. “While error rates and latency are back to pre-incident …
OpenAI Sued for Trademark Infringement Over Sora’s ‘Cameo’ Feature
Insurance Journal | October 30, 2025
OpenAI Sued for Trademark Infringement Over Sora’s ‘Cameo’ Feature
The maker of celebrity video platform Cameo sued OpenAI in a California federal court on Tuesday, arguing that the new “Cameo” feature of OpenAI’s Sora video generation app violates its trademark rights. Cameo said in the complaint that OpenAI’s Cameo, …