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CNA Q4 Underwriting Results Drop 6.2%
Fourth quarter 2025 net income at CNA Financial shot up to $302 million compared with $21 million the prior year quarter. Results, CNA, said, included a $290 million benefit from a pension settlement transaction. The underwriting gain for CNA’s property/casualty …
POSTED FEBRUARY 09, 2026 4:07 PM |
Mississippians Without Power for Two Weeks After Winter Storm
Nearly two weeks after an ice storm knocked out power to her home, Barbara Bishop still finds herself trying to flip the lights on and looking in her fridge for food that has since spoiled. Bishop, 79, and her 85-year-old …
POSTED FEBRUARY 09, 2026 3:22 PM |
EEOC Files to Get NAPA Auto to Comply in Hiring Investigation
The Equal Employment Opportunity Commission (EEOC) last week filed documents in federal court to compel NAPA Auto Parts to comply with a subpoena. Back in May 2024, the EEOC filed a change under Title VII of the Civil Rights Act …
POSTED FEBRUARY 09, 2026 3:16 PM |
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed
Insurers through the first nine months of 2025 recorded an underwriting profit of $35.3 billion—far above a $4 billion result at the same point the year prior. As public insurance companies announce fourth quarter and full-year earnings, Verisk and the …
POSTED FEBRUARY 09, 2026 2:44 PM |
Instagram, YouTube Addiction Trial Kicks Off in Los Angeles
A California state court case over whether Instagram and YouTube harmed a woman’s mental health through addictive app design kicks off on Monday with opening statements, in a test of whether Big Tech platforms can be held liable for harming …
POSTED FEBRUARY 09, 2026 2:36 PM |
Coupang Confirms More Data Leaks Which South Korean Aide Says Has ‘Shaken’ US Ties
U.S.-listed South Korean e-commerce company Coupang confirmed on Thursday [Feb. 5] that the data of an additional 165,000 users was leaked in a major security breach, which a South Korean government official said had shaken the country’s alliance with the …
POSTED FEBRUARY 09, 2026 12:43 PM |
Danone Infant Formula Recalls Expand in UK, Ireland
The UK, Ireland and the Netherlands joined a wave of European nations issuing recalls of Danone SA infant formula as the French company’s exposure to the contamination crisis deepens. Some batches of Danone’s Aptamil and Cow & Gate formula brands …
POSTED FEBRUARY 09, 2026 12:10 PM |
EU to Soften Emissions Curbs on Companies in Flagship Market
The European Union is set to relax emissions-reduction rules for thousands of companies, recalibrating the world’s most rigorous carbon market under pressure from industry and governments concerned about the region’s sinking competitiveness. Before a summit of EU leaders next week …
POSTED FEBRUARY 09, 2026 11:49 AM |
Portugal Rolls Out €2.5 Billion Aid as Deadly Flooding Spreads
Portugal’s government approved a set of emergency laws to speed reconstruction after deadly flooding, clearing administrative hurdles as part of a €2.5 billion ($2.9 billion) support package in one of the largest disaster-relief efforts ever mobilized by the country. The …
POSTED FEBRUARY 09, 2026 11:35 AM |
EU Commission Proposes Further Sanctions on Russian Oil Trade and Financial Services
The European Union’s executive arm proposed further sanctions against Russia on Friday over the Ukraine war, including a ban on shipping services that help Moscow’s oil industry and measures targeting the country’s financial services and trade sectors. European Commission President …
POSTED FEBRUARY 09, 2026 11:15 AM |
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