All Posts
The U.S. Nuclear Regulatory Commission on Wednesday approved its first construction permit for a commercial nuclear reactor in eight years, one that will allow a Bill Gates-backed company to build a sodium-cooled reactor in western Wyoming. TerraPowe...
Posted: Mar 06, 2026
The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a U.S. Securities and Exchange Commission civil fraud case over his trading activity. Thursday’s settlement requires court approval, with the payment...
Posted: Mar 06, 2026
Global insurance and reinsurance broker Howden has appointed Emily Almond as divisional Chief Executive Officer (CEO) and Sebastiano Doria as Chair of its Global Financial Sponsors practice. This team will sit alongside Howden’s existing glo...
Posted: Mar 06, 2026
Ohio lawmakers are considering legislation that would establish an online auto verification system intended to hold uninsured drivers accountable. House Representatives Cindy Abrams (R-Harrison) and Jack Daniels (R-New Franklin) are the lead sponsors...
Posted: Mar 06, 2026
Oman Re, the Sultanate’s first and only reinsurer, has reported reinsurance revenue of OMR 54.3 million ($141.2 million) for the full year 2025, marking a 9% increase from OMR 49.9 million ($129.8 million) in 2024, while net profit after tax climb...
Posted: Mar 06, 2026
Liberty Mutual ‘Shifting from Fixing to Building’ in 2026, CEO Says Liberty Mutual's underwriting results acros...
Posted: Mar 06, 2026
A Michigan pharmacist and business owner who engaged in a five-year pharmacy shortage fraud scheme at two separate pharmacies pleaded guilty on February 24, announced United States Attorney Jerome F. Gorgon, Jr.. Mohammad Hamdan, age 44, from Dearbor...
Posted: Mar 06, 2026
Residents of Syracuse, New York — America’s snowiest city — once barraged a service hotline with street neglect complaints during blizzards, even if plows had passed two hours earlier but the work was hidden by fresh snow. Now public trust R...
Posted: Mar 06, 2026
Athora, a European savings and retirement services group, has secured €3.5 billion of common equity commitments from a broad base of investors, with the majority of the proceeds expected to fund the acquisition of Pension Insurance Corporation Gro...
Posted: Mar 06, 2026
Amazon said March 5 it has resolved an issue related to its software code that had caused an hours-long outage on its website for thousands of shoppers. The disruption, which began around 2:00 p.m. ET, gradually eased to less than …
Posted: Mar 06, 2026
Goldman Sachs, an investment bank and financial services company, has published an analysis exploring how artificial intelligence could influence the property and casualty (P&C) insurance sector. In the report, Goldman Sachs says it has develo...
Posted: Mar 06, 2026
Month over month, premium renewal rates declined across all commercial lines of business except general liability and workers’ compensation, Ivans announced Thursday. The finding came from the technology provider’s February 2026 Ivans Ind...
Posted: Mar 06, 2026
Global insurer Liberty Mutual Group renewed its property catastrophe reinsurance programme at the January 1st, 2026, renewals, securing $2.75 billion of occurrence limit excess a $1 billion retention, alongside $500 million of tail aggregate cover...
Posted: Mar 06, 2026
Green Tree Risk Partners Names Page Director Green Tree Risk Partners, headquartered in Philadelphia, Pennsylvania, named Laura Page as director of Green Tree Risk Partners. Page has 20 years of insurance and leadership experience, previously serving...
Posted: Mar 06, 2026
Virginia-based specialty insurer Richmond National Group plans to invest $1.75 million to expand operations at the firm’s Glen Allen office. The company said it expects to be hiring as many as 75 new employees for the office. “Five years...
Posted: Mar 06, 2026
War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available, although insurers are reassessing their appetite for exposure as tensions in the Middle East disrupt shipping routes and threaten supply chains, according to...
Posted: Mar 06, 2026
Huntington Advisory, a global strategic advisory practice focused on financial institutions, has announced the appointment of Alexander Ankel as Senior Advisor, based in Düsseldorf. The appointment accelerates the firm’s European expansion strateg...
Posted: Mar 06, 2026
The global insurance sector has seen an 87% year-on-year increase in artificial intelligence deployments, according to research by Evident, a London-based provider of AI intelligence and analytics for the insurance industry. Using its Evident AI U...
Posted: Mar 06, 2026
Jio Financial Services Limited has subscribed to and has been allotted 14,74,50,000 equity shares worth ₹10 each of its joint venture Allianz Jio Reinsurance Limited, according to a filing with the National Stock Exchange of India Limited (NSE). W...
Posted: Mar 06, 2026
Emirates and Etihad Airways were resuming limited flight schedules to key global cities from their United Arab Emirates hubs on Friday, though the threat of missile fire piled pressure on airlines as they scramble to accommodate travelers. With most...
Posted: Mar 06, 2026
Emirati airlines resumed some flights to global cities from the war-hit Gulf on Friday, but a Lufthansa jet that was headed to the region diverted over safety fears and an Air France repatriation flight was forced to turn back due …
Posted: Mar 06, 2026
Emirati airlines resumed some flights to global cities from the war-hit Gulf on Friday, but a Lufthansa jet that was headed to the region diverted over safety fears and an Air France repatriation flight was forced to turn back due …
Posted: Mar 06, 2026
Westfield Specialty International, a specialty insurance provider, has appointed Abigail Piper as Deputy Class Underwriter, Marine Liability, thereby strengthening its marine proposition. In her role, Piper will be based in London and report direc...
Posted: Mar 06, 2026
More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region. A Bahamas-flagged crude oil tanker was targeted by...
Posted: Mar 06, 2026
Global insurer QBE has announced the appointment of Melody Lyndon-Stanford as Head of Client Engagement, effective June 2026. In this newly created role, Lyndon-Stanford will be based in London and report to Matt Lacy, Director of Client Propositi...
Posted: Mar 06, 2026
Antares Group, the UK- and Bermuda-based insurer owned by Qatar Insurance Group, announced that its Commercial division, comprising Lloyd’s Syndicate 1274 and the Antares Reinsurance business in Bermuda, saw premiums rise 11.4% year-on-year to $86...
Posted: Mar 06, 2026
Posted: Mar 06, 2026
Posted: Mar 06, 2026
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours, as the Middle East war disrupts the vital waterway. A review of shipping signals have confirmed …
Posted: Mar 06, 2026
British insurer Aviva has reported an 18% hike in general insurance (GI) premiums to £14.1 billion for the full year of 2025 compared to £12.2 billion for FY’24, with an improved undiscounted combined ratio of 94.6%. 2025 was a strong year for Avi...
Posted: Mar 06, 2026
mea Platform, an AI-driven insurance technology company, today announced that Julie McKenna has been appointed Vice President of Sales, North America. The move strengthens mea’s leadership team as the company scales mea Operations, following a $50...
Posted: Mar 06, 2026
European Union countries gave the final approval on Thursday to a new climate target to slash greenhouse gas emissions 90% by 2040, pressing ahead with the bloc’s ambitious climate agenda despite political resistance. The new climate target is...
Posted: Mar 06, 2026
Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labor union and shipping …
Posted: Mar 06, 2026
A group of 24 U.S. states sued President Donald Trump’s administration on Thursday in the first legal challenge to his newly imposed 10% global tariffs, alleging that the president cannot sidestep a recent U.S. Supreme Court ruling that invalid...
Posted: Mar 06, 2026
U.S. railroads including CSX Corp, Union Pacific and BNSF are moving to recapture freight from truckers as tightening trucking capacity and rising road-haul rates bolster rail’s competitive position. For years, low trucking rates and greater fl...
Posted: Mar 06, 2026
A year after it was acquired by its CEO’s new holding company, Universal North America has added offices in Florida and changed its name. Universal Insurance Co. of North America, admitted in Florida with offices in Sarasota and in Orlando, ...
Posted: Mar 06, 2026