Insurance Journal
Howden, the London-based insurance intermediary group, announced it has received regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia. The new business will be led by Motaz Bukhari, who has been appointed chief executi...
Posted: Jun 25, 2025
AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified Ceded Re team, effective July 1, 2025. The unified Ceded Re team will operate under the leadership of Guy Van …
Posted: Jun 25, 2025
The professionalization of college sports has prompted concern among team physicians that they will be exposed to a greater risk of being sued by athletes who claim a poor outcome from treatment caused them to lose future earnings. Before July …...
Posted: Jun 25, 2025
The Trump administration has declared a power emergency in the US Southeast as a blistering heat wave strains grids across the country. The emergency order by the Energy Department allows Duke Energy Corp. to exceed certain air pollution limits and &...
Posted: Jun 25, 2025
Louisiana Attorney General Liz Murrill said on Tuesday she had filed three separate lawsuits against CVS CVS.N for unfair, deceptive and unlawful practices “that have harmed Louisiana patients, independent pharmacies, and the public at large.&#...
Posted: Jun 25, 2025
Ryan Specialty, headquartered in Chicago, Illinois, appointed Brad Storey to president of Irwin Siegel Agency (ISA), the social service industry focused managing general underwriter which is a part of the Ryan Specialty Underwriting Managers division...
Posted: Jun 25, 2025
Democratic Oregon Gov. Tina Kotek on Tuesday signed into law a bill that provides unemployment benefits to striking workers, following neighboring Washington state in adopting measures spurred by recent walkouts by Boeing factory workers, hospital nu...
Posted: Jun 25, 2025
The electric grid for Boston and the surrounding region operated under a precautionary alert on Tuesday as the surplus of power was expected to narrow to a razor-thin margin amid soaring temperatures. ISO New England, the electric grid operator for &...
Posted: Jun 25, 2025
Months after fire tore through Los Angeles’ Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and toxins in the properties that remain. For residents such...
Posted: Jun 25, 2025
Tropical Storm Andrea, the first tropical storm of the Atlantic hurricane season, was forecast to dissipate by Wednesday after forming at sea Tuesday, the National Hurricane Center said. The tropical storm was far from land in the middle of the ̷...
Posted: Jun 25, 2025
Ledgebrook Inc, a technology-driven excess and surplus lines managing general agency, recently completed the close of a $65 million funding round. The oversubscribed Series C round was led by existing investor The Stephens Group, LLC . Existing inves...
Posted: Jun 25, 2025
A Maryland resident with 414 outstanding traffic citations, including 360 for excessive speeding, is being hauled into court by District of Columbia Attorney General Brian L. Schwalb who is seeking to collect the $168,168 in unpaid fines and penaltie...
Posted: Jun 25, 2025
Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated as the world...
Posted: Jun 25, 2025
Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated as the world...
Posted: Jun 25, 2025
Dozens of researchers are chasing, driving and running into storms to collect fresh hail, getting their car bodies and their own bodies dented in the name of science. They hope these hailstones will reveal secrets about storms, damage and maybe ̷...
Posted: Jun 25, 2025
French investigators on Tuesday ordered Tesla to stop what they called “deceptive business practices” or face thousands of euros in fines. Investigators at the finance ministry’s Competition, Consumer Affairs and Fraud Control offic...
Posted: Jun 25, 2025
India’s aviation safety regulator found multiple aircraft-maintenance lapses in an audit of airlines and airports ordered after the crash of Air India flight AI171, including recurring defects that indicate inadequate monitoring and correction....
Posted: Jun 25, 2025
Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people familiar with the matter. The firm is finalizing details of an …
Posted: Jun 25, 2025
Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat go quiet, and give retailer Marks & Spencer a panic attack. Why? Because too many companies are leaning on a …
Posted: Jun 25, 2025
A federal judge in San Francisco ruled late on Monday that Anthropic’s use of books without permission to train its artificial intelligence system was legal under U.S. copyright law. Siding with tech companies on a pivotal question for the AI &...
Posted: Jun 25, 2025
Wildfire warnings were issued across the Mediterranean, as temperatures soar to 40C (104F) in parts of Spain, Italy, and Greece. Italian authorities are already tackling a blaze near the town of Bernalda in Basilicata [Italy], while Greece has drafte...
Posted: Jun 25, 2025
An Alabama law firm wasted little time in filing a proposed class-action lawsuit against Aflac Inc., claiming the supplemental insurance giant knew the risks of a cyberattack and failed to protect policyholders’ private information. “Defe...
Posted: Jun 25, 2025
An Alabama law firm wasted little time in filing a proposed class-action lawsuit against Aflac Inc., claiming the supplemental insurance giant knew the risks of a cyberattack and failed to protect policyholders’ private information. “Defe...
Posted: Jun 25, 2025
Assets designed to help fight climate change may soon risk losing access to insurance unless they’re adequately shielded from extreme weather events. Roughly 46% of Europe’s total renewable generation capacity will be at “critical r...
Posted: Jun 25, 2025
Two Florida men, one a former life insurance broker, have been indicted in what prosecutors describe as a scheme to steal more than $100 million from a nonprofit that managed funds for people with disabilities and special needs. Federal authorities &...
Posted: Jun 25, 2025