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Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access

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  • Post Date August 27, 2025
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Estimated read time 1 min read

Sompo Holdings, a subsidiary of Sompo International Holdings, said it has an agreement in place to acquire Aspen Insurance Holdings for about $3.5 billion to [Read More…]

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Insurance Journal

OpenAI, Altman Sued Over ChatGPT’s Role in Teen’s Suicide

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  • Post Date August 27, 2025
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Estimated read time 1 min read

The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI and CEO Sam Altman on [Read More…]

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Insurance Journal

Trump Tariffs Pile Pressure on Europe’s Industrial Base

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  • Post Date August 27, 2025
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Estimated read time 1 min read

When the Washington Commanders’ quarterback Marcus Mariota landed a last-second touchdown pass to clinch victory against the Dallas Cowboys in January, it’s unlikely devastated Cowboys [Read More…]

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Insurance Journal

EU Auto Groups Press for Change to ‘No Longer Feasible’ Car CO2 Emission Targets

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  • Post Date August 27, 2025
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Estimated read time 1 min read

European Union targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the [Read More…]

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Insurance Journal

Apple Watch Not a ‘CO2-Neutral Product,’ German Court Finds

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  • Post Date August 27, 2025
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Estimated read time 1 min read

Apple can no longer advertise its Apple Watch as a “CO2-neutral product” in Germany, following a court ruling on Tuesday that upheld a complaint from [Read More…]

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Insurance Journal

When Luck Runs Out: Where $100B Hurricanes Might Happen

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  • Post Date August 27, 2025
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Estimated read time 1 min read

Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give a misleading picture of the [Read More…]

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Insurance Journal

Anthropic Settles Class Action From Authors Alleging Copyright Infringement

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  • Post Date August 27, 2025
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Estimated read time 1 min read

Artificial intelligence company Anthropic said in a court filing on Tuesday that it has resolved a class action lawsuit from a group of U.S. authors [Read More…]

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Insurance Journal

Woman Sentenced After Pleading to Arson in Six Fires in North Carolina

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  • Post Date August 27, 2025
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Estimated read time 1 min read

A North Carolina woman was sentenced to as much as 12 years in prison after she pleaded guilty to setting six fires in Onslow County, [Read More…]

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Insurance Journal

Wealthspire Acquires California-Based Marin Financial Advisors

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  • Post Date August 27, 2025
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Estimated read time 1 min read

Wealthspire Advisors LLC, an NFP company, has entered into an agreement to acquire Marin Financial Advisors in Larkspur, California. Marin Financial Advisors has provided individuals [Read More…]

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Insurance Journal

Grange Insurance Association Seeks to Form Mutual Holding Company in Washington

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  • Post Date August 27, 2025
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Estimated read time 1 min read

Grange Insurance Association has submitted an application to the Washington State Office of the Insurance Commissioner to convert to a mutual holding company structure. The [Read More…]

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  • Reinsurance Rates Continued Softening During April Renewals, Despite Iran War
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