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Officials found the body of a 12-year-old boy who was swept away by rushing water on a Virginia roadway during a storm system that also forced a dozen students to stay overnight at a Maryland high school due to heavy …
Posted: May 16, 2025
A former New York City Fire Department chief was sentenced to three years in prison Wednesday for accepting tens of thousands of dollars in bribes to fast-track fire safety inspections at restaurants, hotels and other city businesses. Anthony Saccavi...
Posted: May 16, 2025
A hotline between military and civilian air traffic controllers in Washington, D.C., that hasn’t worked for more than three years may have contributed to another near miss shortly after the U.S. Army resumed flying helicopters in the area for t...
Posted: May 16, 2025
Marsh McLennan, a global insurance and reinsurance broker, has elected the entire slate of 2025 director nominees at its 2025 Annual Meeting of Stockholders. The eleven members have been elected for a one-year term expiring at next year’s annual m...
Posted: May 16, 2025
Insurance agency Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, announced its acquisition of Tobey & Merrill Insurance in Hampton. While the agency will operate under Davis & Towle’s ownership, it will keep...
Posted: May 16, 2025
WTW, an advisory, broking, and solutions firm, has revealed its latest Global Supply Chain Risk Survey, capturing a major pivot in how large corporations are approaching supply chain risk in 2025. The report, based on responses from 1,000 senior e...
Posted: May 16, 2025
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has announced the appointment of Lukas Müller as a Chairman MEA, effective September 1, 2025. Based in Zurich, Müller brings significant experience in client engagement across all lines...
Posted: May 16, 2025
Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier, well ahead of the $952 …...
Posted: May 16, 2025
Insurance and reinsurance broking group Gallagher has announced the appointment of Sanjay Mehra as Head of Marine in India. Mehra, who has 15 years in the insurance industry, with a strong focus on marine specialty, is joining the company from Aon...
Posted: May 16, 2025
Year-to-date, reinsurance giant Swiss Re has seen a net price reduction of 1.5%, and although it’s clear the reinsurance sector is at the beginning of a softening cycle, it’s still an attractive marketplace, according to Anders Malmstr...
Posted: May 16, 2025
U.S. energy officials are reassessing the risk posed by Chinese-made devices that play a critical role in renewable energy infrastructure after unexplained communication equipment was found inside some of them, two people familiar with the matter sai...
Posted: May 16, 2025
International specialist insurer Hiscox has appointed Jane Guyett to the role of Senior Independent Director with immediate effect. Guyett succeeds Lynn Pike following the conclusion of the 2025 Annual General Meeting, at which both Pike and fello...
Posted: May 16, 2025
USAA, a provider of insurance, banking, and financial services for military members and their families, has announced the appointment of Brian Goldman as its new Chief Risk Officer, effective May 27th, 2025. With nearly 30 years of experience in g...
Posted: May 16, 2025
British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centers to its stores were back to normal levels after product availability was hit by last month’s cyberattack. “In chilled areas of our sto...
Posted: May 16, 2025
Global reinsurer Swiss Re generated net income of $1.3 billion for the first quarter of 2025, an increase of 16% year on year with a solid performance across life and health (L&H) and property and casualty (P&C) reinsurance, despite the la...
Posted: May 16, 2025
Morton Salt, Inc. will pay $75,000 and provide other relief to settle a race, disability and retaliation discrimination case filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s...
Posted: May 16, 2025
Morton Salt, Inc. will pay $75,000 and provide other relief to settle a race, disability and retaliation discrimination case filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s...
Posted: May 16, 2025
Christian Dior Couture has been hit by a cyberattack, with hackers obtaining some of its customers’ data. LVMH’s second biggest fashion label said it recently discovered that an “unauthorized external party” accessed some of i...
Posted: May 16, 2025
Texas is trying to entice more companies to ditch Delaware and incorporate in the state, just like Tesla Inc. and Space Exploration Technologies Corp. did last year at the behest of Elon Musk. Governor Greg Abbott is poised to sign …
Posted: May 16, 2025
Slide Insurance, a technology-enabled insurance firm, has finalised pricing for its $250 million Purple Re Ltd. (Series 2025-1) catastrophe bond, the fourth and largest issuance from the company to date. The firm confirmed that the Series 2025-1 c...
Posted: May 16, 2025
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform M...
Posted: May 16, 2025
Zurich NA Names New U.S. National Accounts, Underwriting Leaders Zurich North America announced k...
Posted: May 16, 2025
New Jersey Announces $450M PFAS Settlement With 3M Days Before Trial New Jersey officials announced a la...
Posted: May 16, 2025
Report: California Workers Comp Combined Ratio Highest in 14 Years Written premiums in California stabili...
Posted: May 16, 2025
At last week's RIMS RISKWORLD conference in Chicago, experts from risk and claims administration partner Sedgwick outlined a few key workers' comp trends.
Posted: May 16, 2025
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying Western sanctions on …
Posted: May 16, 2025
A former food delivery driver pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred, federal prosecutors said. Sayee Chaitanya Reddy Devagiri pleaded gu...
Posted: May 16, 2025
Private equity firm GTCR has signed a definitive agreement to acquire leading UK insurance broker JMG Group, in partnership with existing European mid-market investor Synova. The transaction is expected to close in the third quarter of 2025. Headq...
Posted: May 16, 2025
Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relation...
Posted: May 16, 2025
A lack of oxygen that incapacitated the pilot and three passengers is likely what caused a private jet to become unresponsive before flying over the nation’s capital and prompting the military to scramble fighter jets in 2023, according to a &#...
Posted: May 16, 2025
Hackers had near-constant access to some of Coinbase Global Inc.’s most valuable customer data since January, according to a person familiar with the incident who asked not to be named discussing company matters. The largest US crypto exchange...
Posted: May 16, 2025
This post is part of a series sponsored by Cotality. There’s a blurry line between where a wildfire ends and a conflagration begins. But, without an understanding of both types of fires, their dynamics, and their unique risks, it is …
Posted: May 15, 2025
AEU is a provider of workers’ compensation insurance for waterfront employers.
Posted: May 15, 2025
She will work with Aon Bermuda CEO Nick Moore to expand access to capital for clients.
Posted: May 15, 2025
Cable Insurance has partnered with TruckerCloud to integrate telematics data into its commercial auto insurance operations.
Posted: May 15, 2025
It now supports businesses with up to £100 million in turnover.
Posted: May 15, 2025
The company provides distribution software solutions for commercial insurance.
Posted: May 15, 2025
Insurance Business Magazine - US
Posted: May 15, 2025
Insurance Business Magazine - US
Posted: May 15, 2025
Company leaders shared how personal experience and mental health considerations are shaping new approaches to property resilience and claims adjusting, with the aim of rebuilding trust.
Posted: May 15, 2025
The company will use the SaaS solution to streamline operations and support growth.
Posted: May 15, 2025
The new data solutions business provides carriers with high-quality insights to support underwriting, pricing, and risk decisions.
Posted: May 15, 2025
An insured lives in Connecticut but is building a new one-family home on their property in Massachusetts.
Posted: May 15, 2025