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Business Insurance
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- 1
Insurance company Everest has sold its Canadian retail operation, according to coverage by Business Insurance. The deal transfers the company's retail insurance business in Canada to a new owner, though the buyer and financial terms were not given in the available report. It is part of ongoing restructuring among global insurers adjusting their national retail operations.
- 2Small businesses turn to Kalshi to hedge financial risksโSmall businesses use Kalshi to hedge financial risks
Small businesses are increasingly using Kalshi, the event contracts trading platform, to protect themselves against financial risks such as inflation, tariffs, and market swings. The company allows firms to hedge by taking positions tied to economic outcomes. Coverage highlights how traders and business owners are treating prediction markets as an alternative to traditional insurance and futures tools.
- 3Zurich tops operating profit forecast on property and casualty strengthโZurich beats operating profit forecast led by P&C arm
Zurich Insurance has reported operating profit ahead of analyst forecasts, driven largely by its property and casualty insurance arm. The beat signals resilience in the Swiss insurer's core underwriting business, and business press are highlighting the strong performance of the P&C segment as the main driver behind the better-than-expected results.
- 4CBS News Philadelphia helps woman recover $1,400 refundโผCBS News Philadelphia helps Montco. woman recover $1,400 travel insurance refund
A Montgomery County woman has recovered a $1,400 travel insurance refund after CBS News Philadelphia took up her case. The station contacted the company on her behalf, leading to the payout. The story is part of the station's consumer advocacy coverage, which helps local viewers resolve disputes with businesses and insurers.
- 5Health insurance premiums to jump double digits again in 2027โDouble-digit health insurance increases will hit individual and small group plans in 2027, again
Individual and small group health insurance plans face double-digit premium increases for a second straight year in 2027. Outlets including Minnesota Reformer and Civic Media report the hikes will again hit people who buy coverage on their own and workers at small businesses, renewing concerns about affordability of health coverage.
- 6
Companies that fail to anticipate climate risk face growing financial exposure, as extreme weather disrupts supply chains, damages assets and raises insurance costs. Businesses are being urged to integrate climate scenario planning into strategy rather than treat it as a distant environmental concern, with reactive management proving far costlier than preparation.
- 7ReSource Pro Launches ProTalks Series on Insurance Tech and OperationsโผReSource Pro Launches ProTalks, an Original Series on Insurance Technology and Operations
ReSource Pro has launched ProTalks, an original series focused on insurance technology and operations. The company, which provides operational and technology services to the insurance industry, says the series is aimed at sharing insights on innovation, digital transformation and efficiency with insurance professionals. The announcement was distributed via Business Wire, and there is little public reaction so far.