News
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Deloitte forecasts US P&C insurers' fee-based revenue will grow at 12.6% CAGR to 2030
By Mia MacGregorJune 9 - (The Insurer) - Fee-based revenue for U.S. property and casualty insurers is expected to rise from $21.6 billion in 2023 to $49.5 billion by 2030, with a compound annual growth rate of 12.55%, according to Deloitte.As the potential for alternative services grows and customer...Reuters
Mon, Jun 9
California suing Trump administration over deployment of National Guard in Los Angeles
June 9 (Reuters) - California is suing the Trump administration over its deployment of National Guard troops to Los Angeles during protests over immigration raids, the California Attorney General Rob Bonta said Monday.Reuters
Mon, Jun 9
Judge dismisses Justin Baldoni's $400 million defamation lawsuit against Blake Lively
NEW YORK, June 9 (Reuters) - A U.S. judge on Monday dismissed actor Justin Baldoni's $400 million defamation lawsuit against actress Blake Lively, who had accused Baldoni of sexually harassing her while filming the 2024 movie "It Ends With Us."Reuters
Mon, Jun 9
QBE: Cyber incidents triple in Canada since 2023
By Mia MacGregorJune 9 - (The Insurer) - Significant cyber incidents have tripled in Canada over the past two years, driven by technological, socioeconomic and geopolitical factors, including the conflict in Ukraine, according to research by commercial insurer QBE.Globally disruptive and successful ...Reuters
Mon, Jun 9
Tennis-Czech Lehecka opens grass campaign with win in Stuttgart
June 9 (Reuters) - Rising Czech force Jiri Lehecka began his Wimbledon build-up in impressive fashion with a 6-4 6-4 defeat of Benjamin Bonzi in the opening round of the Stuttgart Open on Monday.The eighth seed, whose last match on grass was in the Wimbledon fourth round in 2023, quickly got up to s...Reuters
Mon, Jun 9
Activist hedge fund Parvus builds stake in Novo Nordisk, FT reports
June 9 (Reuters) - Activist hedge fund Parvus Asset Management is building a stake in Novo Nordisk NOVOb.CO amid investor concerns that the Danish drugmaker has lost its first-mover advantage in the lucrative weight-loss drug market, the Financial Times reported on Monday.The London-based fund, whic...Reuters
Mon, Jun 9
Cowbell: Global cyberattacks increase while ransomware claims hold steady
By Mia MacGregorJune 9 - (The Insurer) - Cyberattacks are rising globally, although the frequency of ransomware claims remains steady, according to a new report from Cowbell.Cowbell’s 2025 claims report noted that the volume and sophistication of cyberattacks are rising, driven by AI-enhanced campai...Reuters
Mon, Jun 9
Marcell highlights construction and natural resources as Aon's commercial risk growth drivers
By Scott VincentJune 9 - (The Insurer) - Aon CEO of global solutions Andy Marcell highlighted construction and natural resources as targeted growth areas within the group's commercial risk solutions business as he addressed the broker's investor day on Monday. Marcell, whose role as CEO of ...Reuters
Mon, Jun 9
More partners leave Paul Weiss to join new law firm
By Sara Merken June 9 (Reuters) - Two more partners have left law firm Paul, Weiss, Rifkind, Wharton and Garrison to join a new litigation firm launched late last month by Karen Dunn and others. With the additions of Melissa Zappala and Rush Atkinson in Washington, at least seven Paul Weiss partn...Reuters
Mon, Jun 9
Tennis-Kvitova loses on day one of new Queen's Club WTA event
LONDON, June 9 (Reuters) - Brazil's Beatriz Haddad Maia came from a set down to beat former Wimbledon champion Petra Kvitova and reach the second round of the new WTA 500 event at Queen's Club on Monday.After a 52-year gap since the last top-tier women's event was held at the London gras...Reuters
Mon, Jun 9
British girl who took life was radicalised by U.S. neo-Nazis, inquest says
Sixteen-year-old took her life in 2022 at children's homeWas investigated by UK authorities for extremist viewsTwo U.S. men had encouraged right-wing interests, inquest hearsBy Michael HoldenLONDON, June 9 (Reuters) - A British teenage girl, who had said she wanted to blow up a synagogue and bec...Reuters
Mon, Jun 9
'Largest Princess Diana auction' features frocks, hats and bags
NEWBRIDGE, Ireland, June 9 (Reuters) - From colourful frocks and hats to handbags and shoes, items belonging to the late Princess Diana go under the hammer this month in what Julien's Auctions says is the largest collection of her fashion to go to auction.The live and online "Princess Diana&...Reuters
Mon, Jun 9
U.S. RESEARCH ROUNDUP-Intuitive Surgical, Oracle, Regeneron Pharmaceuticals
June 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Intuitive Surgical, Oracle and Regeneron Pharmaceuticals, on Monday. HIGHLIGHTS * Booking Holdings BKNG.O: BofA Global Research ups price objective to $5,82...Reuters
Mon, Jun 9
Trump FAA nominee says agency faces serious leadership, trust issues
WASHINGTON, June 9 (Reuters) - President Donald Trump's nominee to head the Federal Aviation Administration is harshly critical of the agency, saying it faces serious leadership, trust and culture issues, according to a Senate questionnaire seen by Reuters.The Senate Commerce Committee on Wednes...Reuters
Mon, Jun 9
Sixth Street-backed Caris Life Sciences targets $5.3 billion valuation in US IPO
Caris seeks as much as $423.5 million in IPOInvestment manager Neuberger may buy up to $75 million of sharesCaris was valued at $7.8 billion in 2021 funding roundBy Arasu Kannagi Basil June 9 (Reuters) - Cancer diagnostic firm Caris Life Sciences said on Monday it is targeting a valuation of up t...Reuters
Mon, Jun 9
Synchrony Financial to once again issue Walmart's credit card
June 9 (Reuters) - Walmart's WMT.N majority-owned fintech company OnePay has teamed up with Synchrony Financial SYF.N to issue the retail giant's credit card, the consumer financial services company said on Monday, marking a return of a collaboration that ended in 2018. The partnership will...Reuters
Mon, Jun 9
