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Product recalls may spike amid tariffs and lighter oversight
“Tariffs are impacting nearly every industry, including automotive, life sciences, consumer products like electronics, toys, appliances, and even food when it comes to ingredient sourcing,” Harvey said. “And when enforcement is lighter, the risk grows even more.” Source link

New York bill proposes state-backed home equity insurance
State-issued equity coverage would pay out the difference between a home’s insured value and its eventual sale price — provided the owner has lived in the property for at least three years. Claims would be denied if the equity loss stems from owner neglect of the property’s condition. A newly created Home…

Next Level Commitment in 2025
As we begin a new year, I want to take a moment to reflect on the incredible work we’ve accomplished together and share my excitement for what lies ahead in 2025. At CH Insurance, our foundation rests on our employees, our clients, our carrier partners, and our community. These pillars shape every decision we make and…

QBE sees strong start with first-quarter premium gains
“We have delivered good growth, solid underwriting margins, and a strong balance sheet – a combination that continues to support excellent returns and more predictable outcomes. These are important indicators that our business is working – for customers, for shareholders, and for our people,” he said. Source link

Why women in insurance still can’t find a seat in the boardroom
Margaret Resce Milkint (pictured), global insurance practice leader at Diversified Search Group, has spent over three decades pushing for systemic change. For her, this is more than a DEI talking point – it’s about embedding inclusion into the DNA of organizations, fostering executive sponsorship, and redefining what it means to lead in modern insurance. Source…

AI in insurance praised, but consumers still aren’t convinced – GlobalData
“Insurers must prioritise transparency in AI-driven decisions, particularly among those who perceive bias in the tools, such as providing negative claim outcomes. Some consumers will have data privacy concerns, while others will simply just prefer interacting with a human,” she said. Source link