Paul Lucas
- Indexed articles, last 90 days
- 15
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Insurance Business America
- Top 500K sites
- Earliest in this view
- Jul 29, 2026
Latest articles
Applied's new CEO says standalone tools are a dead end - and he is betting billions to prove it (opens the original)
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The following article was written in association with Applied Systems. Graham Blackwell (pictured) had been CEO of Applied Systems for a matter of weeks when he stood on stage at AppliedNet 2026 in Washington DC and made a statement that will have registered with every rival in the room: anybody can build a feature. What nobody outside Applied can do, he argued, is connect them. It was a pointed opener for a new chief executive. Blackwell was not just describing a product strategy. He was defini
D&O's mixed signals - why the calm at the surface is not the whole story (opens the original)
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Anyone who tracks the D&O market will have noticed an apparent contradiction in the data. Total securities class action filings fell 11% in 2025 to 207, per WTW's 2026 D&O outlook. The median settlement rose 21% to $17 million - a 10-year high - yet average settlement values and total aggregate recoveries both declined. SEC enforcement actions dropped 30% in fiscal year 2025, the lowest level in a decade per D&O Diary analysis of Covington law firm data. Taken together, those numbers suggest a m
The strongest El Niño in recorded history is building. Insurers are already paying the price (opens the original)
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The 2026-2027 El Niño has broken a temperature record that stood for 150 years. Sea surface temperatures at the heart of the event in the equatorial Pacific have reached 3.05 degrees Celsius above the 1991-2020 average, surpassing the previous record of 3.02 degrees Celsius set in late November 2015 - the highest level since modern records began, according to the Guardian, which first reported the new high. The event has not yet peaked. Climate scientist Zeke Hausfather has forecast temperatures
Thomson Reuters' court data breach is a reminder of a risk clients think someone else is managing (opens the original)
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Thomson Reuters has disclosed that an unauthorized party obtained files from its C-Track court case management platform in March 2026, affecting court systems in 11 US states, the US Virgin Islands, and three Ontario courts. The breach was detected on June 30. Court records were among the files accessed, and the company said some records included names and personal information, according to the company's breach notification website and a joint statement from the chief justices of Ontario's Court
Lloyd's rates fell 6.7% in H1 - nearly twice the pace of last year. Brokers should be watching (opens the original)
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Lloyd's has delivered a solid first half: gross written premium up 6.9% to £34.7 billion, an underwriting profit of £1.9 billion, and a combined ratio of 90.8% - better than the 92.5% recorded in the same period of 2025. Profit before tax of £3.5 billion was lower than the £4.2 billion a year earlier, hit by unrealised fixed income losses as yields widened on geopolitical and inflationary pressures. Importantly, those are unrealised losses - they do not affect Lloyd's claims-paying capacity or s
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