How Rich Are You? – A Wealth of Common Sense
Let’s say you have two rich people — Dan and Dave. They’re both in their mid-50s, work in tech, and enjoy roughly the same annual salary and bonus. Each…
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MS Reinsurance Names Lisa Butera and Lucas Castagnino Chief Underwriting Officers for the Americas
The latest people news in the industry today. MS Reinsurance announced two underwriting leadership appointments, both effective Aug. 1, naming Lisa Butera chief underwriting officer for North America and…
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Musk’s X, Major Labels End Dispute Over Music on Social-Media Platform
A group of major music publishers including Universal Music Group and Sony Music have agreed to end a legal dispute with Elon Musk’s X Corp over the use of…
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The $23 billion inflection point: How America’s fire insurance market rewrote the rules
REFERENCES AND SOURCES [1] NAIC Exhibit of Premiums and Losses (Statutory Page 14), LINE_NO 1 (Fire), 2019–2024, all 50 US states. Direct premiums written, direct premiums earned,…
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Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves
Second quarter 2026 net income at Travelers increased 46% to about $2.2 billion on lower catastrophe losses and favorable prior year reserve development. Catastrophe losses for the quarter, mostly…
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Choosing the Right Equipment Breakdown Reinsurer : Risk & Insurance
As equipment breakdown risks become more complex and interconnected, carriers need reinsurance partners that deliver engineering expertise, technical insight and long-term strategic support — not just capacity. White Paper…
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What Home Age Actually Tells Us About Claims — And What It Doesn’t
After 20 years in homeowner claims, I’ve heard the same assumption so many times it’s practically folklore: older homes cost more to insure because repairs cost more. That’s not…
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2026 RPS US property market outlook: Navigating the E&S buyer’s market
The US Excess and Surplus (E&S) property market has entered one of its most buyer-favorable cycles in years. With premiums for the E&S market reaching approximately $100 billion in 2024 and…
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The AI Ransomware That Couldn’t Get Paid
On July 1st, security researchers at Sysdig published something they had never documented before. A ransomware attack that ran from start to finish without a single human directing it,…
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Missing the Best & Worst Days in the Stock Market
A reader asks: I have a question about reconciling two very famous market parables. Ben, your story of “Bob, the World’s Worst Market Timer” perfectly illustrates the power of…
