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Novatae Risk Group, the wholesale business of leading insurance brokerage World Insurance Associates, has announced that Richard Kerr, CEO, has left the firm effective Aug. 22, and its president, Nick Greggains, is assuming all of Kerr’s responsibilities effective immediately. Novatae …

Vermont Governor Phil Scott has submitted a formal request to President Donald J. Trump for a major disaster declaration to help communities in Caledonia and Essex counties recover costs for repairing public infrastructure damage caused by rainfall and severe flooding …

A telecom frequency outage prompted the Federal Aviation Administration Thursday to halt arriving flights at Newark Liberty International Airport for more than an hour, the latest tech issue to snarl flights at the airport near New York City. Flightradar24, a …

This edition of International People Moves details appointments at the brokers Guy Carpenter and Aon. A summary of these new hires follows here. Carpenter Taps Aon’s Goodman for New Role of Chief Client & Growth Officer Guy Carpenter, the reinsurance …

A former Alfa insurance agent in Georgia pleaded guilty Wednesday to using more than $200,000 from one policyholder to cover other expenses, including the premium payments for other insureds. Jeremy Lasseter, of Warner Robins, Georgia, near Macon, was indicted in …

Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory of its home exercise equipment as the worst of the COVID-19 pandemic passed, a divided federal appeals court ruled on Wednesday. Reversing a lower court ruling, …

Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Aug. 27. The recall affects certain Ford 2025-2026 models – F-550 SD, …

A fast-growing wildfire burning in central California’s Sierra National Forest in Fresno County in a remote area is the latest blaze of concern for firefighters. The Garnet Fire has burned more than 13,900 acres and is 0% contained, according to …

Ron DeSantis is seeking to complete his project of remaking Florida into a conservative paradise with perhaps his riskiest wager yet: a campaign to largely wipe out property taxes. In his nearly seven years in office, the governor has ushered …

Credit bureau TransUnion said Thursday that more than 4 million people’s data was exposed in a recent hack involving an unidentified third party. In a letter dated earlier this week and posted to the website of Maine’s attorney general, the …

The human case of screwworm reported this week by U.S. health officials is the country’s only one so far this year and poses no risk to the farm sector, a U.S. Department of Agriculture official said on Tuesday. Screwworm, a …

The Catholic Diocese of Syracuse reports that the federal judge overseeing its bankruptcy proceedings has indicated she will approve the latest reorganization plan with a $176 million fund to pay sexual abuse claimants. The fund will include $100 million from …

The wife of a man who died from Legionnaires’ disease has filed a wrongful death and negligence suit against the Massachusetts hospital where he was a patient when he contracted the disease and the company responsible for the hospital’s water …

The remnants of Hurricane Erin will contribute to torrential rain across the Swiss Alps over the next two days, raising the risk of dangerous flooding and landslides. Switzerland’s state forecaster has issued the highest red alerts for parts of Ticino …

South Korea’s SK Telecom was fined on Thursday about 134 billion won ($96.53 million) after the country’s largest mobile carrier suffered a cyberattack this year causing the leak of data for nearly 27 million users. The government-run Personal Information Protection …

Anthropic said on Wednesday it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters. The company’s findings, published in a report, highlight growing concerns that AI …

“We must maintain underwriting discipline.” This phrase is arguably the most repeated mantra in the reinsurance industry over the past two years, and you will struggle to find anyone in the market who would disagree with that idea. The reality, …

As the cyber market matures, it’s increasingly evident that fighting off cyberattacks is going to be an ongoing team effort. Brokers, carriers, cybersecurity organizations and insureds all play a role, from security to training to assessing adequate coverage. According to …

The West Virginia Office of the Insurance Commissioner is aking for input on what coverages and classes should be on the surplus lines export list. In keeping with state law, agents and brokers hoping to place types of coverage that …

Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died …