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A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …

A man who was arrested outside the headquarters of UnitedHealthcare had a history of mental health issues and threatened to shoot up corporate facilities, according to charges filed Tuesday. The 26-year-old was charged Tuesday in Hennepin County District Court with …

Marsh McLennan reported consolidated revenue during the first quarter of $7.1 billion, an increase of 9% compared with Q1 2024, or 4% on an underlying (organic) basis. MMC had organic growth of 9% in Q1 2024. Q1 operating income was …

In 2022, federal officials rebuked a major coal plant next to the Ohio River for letting coal waste — in a pile so big it could fill the Dallas Cowboys’ football stadium twice over — threaten groundwater with heavy metal …

Retired coal miner Stanley “Goose” Stewart questions whether it’s safe for anyone to work in the industry right now. The Department of Government Efficiency, created by President Donald Trump and run by Elon Musk, has been targeting federal agencies for …

AM Best has revised the outlooks to negative from stable of Loudoun Mutual Insurance Co. of Waterford, Virginia based on the “deterioration in Loudoun’s underwriting and operating performance” in recent years and corresponding “decline in overall risk-adjusted capitalization.” At the …

Specialty insurer NSM Insurance Group said it has completed the sale of its U.S. commercial insurance division to investment firm New Mountain Capital. The agreement includes NSM’s portfolio of 15 niche insurance programs across property/casualty, accident & health, and reinsurance—as …

China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and will tighten rules around such technology upgrades, the government told industry representatives, according to a transcript of a meeting. The …

UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance contracts in Ecuador. The Serious Fraud Office accused United Insurance Brokers Ltd. of failing to prevent associates from bribing state …

Healthcare organizations continue to find themselves at the forefront of cyber risk. Exposures such as IT supply chain dependencies, website tracking litigation, ransomware attacks, new security regulations, and data breach class actions put healthcare organizations of all sizes at high …

U.S. officials will extend support for 11 months for a database of cyber weaknesses that plays a critical role in fighting bugs and hacks, a spokesperson said on Wednesday, just as the funding was due to run out. The expected …

Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer’s first quarter—and looking ahead, the company is well-positioned to face the impacts of macroeconomic uncertainty, the chief executive said. During a first-quarter earnings conference call …

A North Carolina House of Representatives committee voted Wednesday to do away with educational course requirements for insurance agent licenses, a move that could help address what has been called a shortage of producers in the state. “It’s a 40-hour …

It was once known as Anchor Property & Casualty Insurance Co., based in St. Petersburg, Florida, and launched in 2014. Then it was known as another Florida carrier that had slipped into financial troubles and was placed into an orderly …

A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists in New Hampshire pleaded guilty and was sentenced Monday for driving under the influence in Connecticut a month before the deadly crash — an offense that …

New York State’s Inspector General said her office identified $2.7 million in workers’ compensation fraud in 2024, a nearly 30% increase compared to 2023. Inspector General Lucy Lang also reported there were 14 arrests for workers’ compensation fraud, also a …

The Newark fire department’s lack of training and familiarity with marine firefighting during a deadly cargo ship fire at the East Coast’s largest port in July 2023 amounted to a “failure of leadership,” the head of the National Transportation Safety …

Gov. Gavin Newsom signed new legislation on Monday that will provide more than $170 million in state funding to help prevent wildfires while signing an order aimed at speeding up the work by easing environmental permitting. The funding — which …

A U.S. judge blocked President Donald Trump’s administration on Tuesday from freezing billions of dollars in grants Congress authorized under climate investment and infrastructure laws of his Democratic predecessor, former President Joe Biden. U.S. District Judge Mary McElroy in Providence, …

Vermont Governor Phil Scott recently announced several leadership appointments including Kaj Samsom as commissioner of the Department of Financial Regulation (DFR). Prior to his appointment, Samsom served as chief auditor at the National Life Group. Samsom has 14 years of …