Marine insurance, an industry historically rooted in the protection of ships and seafaring cargo, is undergoing a profound transformation, and Berkshire Hathaway Specialty Insurance (BHSI) stands as a pioneering force in this shift, steering the sector toward innovative horizons. Under the adept
In the aftermath of the COVID-19 pandemic, the United States’ unemployment insurance (UI) system faced an unprecedented test, revealing deep cracks in its outdated infrastructure as millions of claims overwhelmed state agencies, leaving countless Americans waiting weeks or even months for critical
As artificial intelligence continues to weave its way into the fabric of industries and everyday life, the risks tied to this powerful technology are becoming increasingly apparent, sparking a pressing need for specialized protection. From autonomous vehicle mishaps to algorithmic biases and
In the ever-evolving world of global reinsurance, a compelling shift is unfolding as industry players are increasingly drawn to uncharted and high-stakes territories like the cyber insurance market to diversify their portfolios and fuel growth. Amid a softening market environment where supply
In the dynamic arena of global insurance and financial services, Sun Life Financial (SLF) has recently disclosed its Q2 earnings report on August 7, revealing a landscape of striking contrasts and strategic maneuvering. As a leading force in the industry, the company operates across pivotal
In a nation increasingly battered by extreme weather, a staggering $17.1 billion annual shortfall in flood insurance coverage for single-family homes across the United States has emerged as a silent crisis threatening millions of households, insurers, and the broader real estate market. This gaping
