1 month 1 week ago
DUAL Europe announced the launch of its Trade Credit Insurance business, led by Frank Masteling, who joined the company as head of Trade Credit. With more than 25 years of experience in the trade credit sector, Masteling brings deep expertise …
1 month 1 week ago
U.S. officials told a Senate committee on Tuesday that there have been more than 3,000 drone events near American airports since 2021, including 11 aircraft this year that reported taking evasive action to avoid collisions. Those drone incidents have caused …
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1 month 1 week ago
The Trump administration called for boosting artificial intelligence development in the US by loosening regulations and expanding energy supply for data centers under new guidelines that also urged the federal government to withhold funding from states determined to have burdensome …
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1 month 1 week ago
Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers will face more pressure in 2025, said S&P, explaining that margins will …
L.S. Howard
1 month 1 week ago
The death of an unarmed 52-year-old man who died after an Alabama police officer kneeled on his neck was ruled a homicide by a county coroner, according to an official autopsy reviewed by The Associated Press. The finding led lawyers …
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1 month 1 week ago
DARIEN, Ga. (AP) — Black landowners from a tiny island community returned to a Georgia courtroom, urging a judge to let them move forward with a lawsuit that accuses local officials of illegally weakening protections for one of the South’s …
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1 month 1 week ago
Santam, the Cape Town, South Africa-based property/casualty insurer, has been granted “in-principle” approval by Lloyd’s to launch a syndicate based in London, which will accelerate the group’s international growth and diversification goals. The new venture will be known as “Santam …
1 month 1 week ago
The number of companies and organizations compromised by a security vulnerability in Microsoft Corp.’s SharePoint servers is increasing rapidly, with the tally of victims soaring more than six-fold in a few days, according to one research firm. Hackers have breached …
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1 month 1 week ago
Munich Re has named Dr. Christoph Jurecka (50) as chairman with effect from Jan. 1, 2026, succeeding Dr. Joachim Wenning (60), who has decided to retire at the end of the year. Jurecka has been with the group since 2011, …
1 month 1 week ago
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Brethren Mutual Insurance Co. in Hagerstown, Maryland. AM Best said the …
1 month 1 week ago
A man with a history of arrests at pro-Palestinian protests was charged Monday with setting fire to 11 New York City police vehicles last month. Jakhi McCray, 21, of Brooklyn pleaded not guilty to arson in U.S. District Court. A …
1 month 1 week ago
New York City’s former interim police commissioner has filed a $10 million defamation claim against Mayor Eric Adams for reportedly suggesting he was mentally unfit for the job of top cop. The filing comes less than a week after the …
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1 month 1 week ago
A tow pilot’s distraction caused by personal cellphone use resulted in a collision last year with moored barges on the lower Mississippi River, the National Transportation Safety Board said last week. The towing vessel William B Klunk was pushing 22 …
1 month 1 week ago
The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges of the International Court …
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1 month 1 week ago
The Texas Senate is doubling down with its attempt to ban hemp-derived THC, setting up another showdown with the House, where lawmakers are more amenable to regulating the substance than eliminating it from recreational use. Senate Bill 5 by Sen. …
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1 month 1 week ago
The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. That’s according to the 2025 Market Share Report published by …
Andrea Wells
1 month 1 week ago
A climate change case against Italian energy group Eni can continue, the country’s top appeals court has ruled, in a jurisdiction case that had been raised by environmental groups Greenpeace Italia and ReCommon. The judgment, which the two organizations published …
1 month 1 week ago
Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling, Guterres said Tuesday in New York …
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1 month 1 week ago
The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity providers. President and Chief Executives Officer W. Robert …
Susanne Sclafane
1 month 1 week ago
Central Baptist Church of Albany, Georgia, suffered roof damage during a hailstorm in 2014. Its insurance carrier, Church Mutual Insurance, determined that the roof had only minor damage that could be repaired. It offered $2,300 for the work. After the …
William Rabb