Economic & Analysis News

OLDWICK, N.J.--(BUSINESS WIRE)--A pair of distinct sub-markets have evolved within the U.S. cyber insurance space, one dominated by surplus lines carriers writing primary and excess cyber-specific policies and the other focused on endorsements to commercial policies, according to a new AM Best report. The results between the two vary, with third-party claims growing more rapidly within the surplus lines side of the market.The combined overall premiums generated from cyber insurance coverage incr...

BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today updated the Upstart Macro Index (UMI) to include May 2026 data. For historical data and information about how the index is calculated, see upstart.com/umi.UMI rose to 1.49 in May from 1.43 in April and remains below the elevated levels observed in early 2024.While UMI is derived from Upstart-powered unsecured personal loans, broader macroeconomic trends...

OLDWICK, N.J.--(BUSINESS WIRE)--In the past 30 days, Best’s Review readers have been most interested in the following insurance news coverage:“Chubb CEO: AI Will Replace Jobs; MGAs Mostly a ‘Bad Bet’ for Market” explores how Chubb is embracing the power of technology, AI, data and business process change."Catastrophe-Focused MGAs Filling Bigger Space in Property Catastrophe Market” looks at the growing role of managing general agents in providing coverage for catastrophes."AM Best: Credit Qualit...

WASHINGTON--(BUSINESS WIRE)--Today, CAGW named the U.S. Postal Service its June 2026 Porker of the Month for its abysmal financial condition....

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation discloses results of the Federal Reserve’s 2026 Comprehensive Capital Analysis and Review....

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best’s senior analytical staff and a panel of insurance experts will discuss the state of the U.S. captive insurance market on Tuesday, Aug. 4, 2026, at 10:00 a.m. EDT.This briefing will discuss the issues shaping the captive insurance market, including financial results and the business environment for captives and related alternative risk transfer (ART) organizations. Panelists include Christine Brown, deputy commissioner, captive insurance division, State of...

MUNICH--(BUSINESS WIRE)--Given that 90% of international trade is transported across oceans, maritime safety and stable shipping trading routes are critical. According to Allianz Commercial's latest Safety and Shipping Review, incidents like the closure and reported mining of the Strait of Hormuz are the latest in a series of recent disruptions to have impacted shipping. They signal a transition toward a “new maritime order" defined by escalating security risks along strategic shipping corridor...

LONDON--(BUSINESS WIRE)--New credit card data analysis by global analytics software leader FICO (NYSE: FICO) has found that spending rose in April, following typical Easter behaviour. However, we are seeing a strong trend downwards with the percentage of balance being paid, and this is driving up overall balances. The percentage of balance paid fell for the third month in a row and late payments increased year-on-year, balances returned to record high levels. This marks a notable shift from the...

ANAHEIM, Calif. & LAKE BUENA VISTA, Fla.--(BUSINESS WIRE)--As the nation prepares to celebrate the 250th anniversary of the United States, Disney Experiences is making available a set of resources highlighting the company’s domestic economic impact — a story that reaches far beyond its theme park gates and into communities across the country. Disney Parks & Resorts generates nearly $67 billion in annual economic impact across the United States and supports more than 403,000 jobs nationwide....

SEATTLE--(BUSINESS WIRE)--Milliman has just released the latest results of its Pension Buyout Index...