2 months 3 weeks ago
The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security breaches that exposed its users’ personal details and sensitive communications, the company said on Tuesday. In a series of posts to TikTok, Tea Dating …
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2 months 3 weeks ago
From roof-mounted solar panels and automated warehouses to electric vehicle depots, green technologies are transforming commercial property risk profiles. While these innovations improve energy efficiency and sustainability, they also introduce new challenges: including fire hazards from solar photovoltaic (PV) systems, …
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2 months 3 weeks ago
Risk Strategies acquired the assets of Santa Fe, New Mexico-based firms Zia Insurance Services, Tyra Enterprises Inc. and Capitol Insurance Services Inc. The firms will become part of the Risk Strategies West Region, and report to Pat Roth, west region …
2 months 3 weeks ago
A Michigan prosecutor filed a terrorism charge this wek against a man accused of stabbing 11 people at a Walmart store. The charge has been rarely used in the state’s courts since it was adopted more than 20 years ago …
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2 months 3 weeks ago
A California city has filed a civil lawsuit against a former police officer who went skiing and attended a music festival while collecting workers’ compensation. Westminster filed the suit against a former police officer who was charged with 15 felonies …
2 months 3 weeks ago
A woman who died in a car accident while driving intoxicated after a company-mandated wine tasting was responsible for her own death, lawyers for those who served her wine told a Connecticut court this week. The estate of Nicole Silva …
Andrew G. Simpson
2 months 3 weeks ago
Ames & Gough, headquartered in Washington, D.C., appointed equity partners Allison Barefoot and Marguerite Parent as senior vice presidents. Appointed an equity partner of Ames & Gough in 2023, Barefoot, who is based in the Washington D.C. office, has nearly …
2 months 3 weeks ago
Brown University has reached an agreement with President Donald Trump’s administration to restore research funding, becoming the latest elite university to strike a deal in the White House’s campaign to remake higher education. Brown said it will pay $50 million …
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2 months 3 weeks ago
Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago. The result this year reflects an after tax gain of $643 million …
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2 months 3 weeks ago
Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform designed for residential roofing contractors, for $2.35 billion. Verisk said in a July 30 announcement that both companies play key …
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2 months 3 weeks ago
Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners across the impacted …
2 months 3 weeks ago
This edition of International People Moves details appointments at Liberty Specialty Markets and the broker BMS. A summary of these new hires follows here. Liberty Specialty Hires Nelson, Ciraci and Prout to Boost Renewables Offering Liberty Specialty Markets (LSM), part …
2 months 3 weeks ago
Two Georgia men, denied bond, are in jail awaiting court action after they were charged with possessing a large amount of homemade explosive devices. The Georgia Office of Insurance Commissioner and State Fire Marshal’s Office, along with the Floyd County …
2 months 3 weeks ago
South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in the event of anticipated future …
2 months 3 weeks ago
A very powerful magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away as French Polynesia and Chile, and was followed by an eruption of the most active volcano on the peninsula. The …
2 months 3 weeks ago
Brown & Brown posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses and individuals pull back in other …
2 months 3 weeks ago
Prolonged wind events that unleash heavy rainfall and travel far distances sometimes qualify as derechos. Derechos can happen almost anywhere in the United States but are most common in the central and eastern regions of the country. Winds typically gust …
2 months 3 weeks ago
Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. Palo Alto will pay CyberArk investors $45 per share and 2.2005 shares of Palo Alto stock, according …
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2 months 3 weeks ago
The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking to exploit flaws in Microsoft Corp.’s SharePoint software. “Attackers did attempt to access Fermilab’s SharePoint …
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2 months 3 weeks ago
Insurance agency mergers and acquisitions during the second quarter 2025 were up 11% over the prior quarter, but M&A activity for the first half of the year is down 8% compared to last year, according to investment banking and financial …
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