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A tropical disturbance is expected to make landfall near the northern Gulf Coast Thursday afternoon, creating flash flooding conditions for parts of south-central Louisiana. A moderate risk of excessive rainfall is in place along the south-central Gulf Coast of Louisiana, …

The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period. Travelers’ second quarter underwriting profit was about $1 billion compared to …

A farmer in a rural suburb outside of Oklahoma City was fatally attacked by a pair of water buffaloes he purchased at a livestock auction a day earlier, police said. Bradley McMichael, a farmer in the small town of Jones …

A cockpit voice recording of doomed Air India Flight 171 indicates the younger co-pilot asked his more experienced colleague why he turned off the plane’s fuel-supply switches, according to people familiar with the matter. The information, from people who asked …

Hotchkiss Insurance, headquartered in Dallas, Texas, recently added three new partners: Riley Dearing, Jessica Goehring and Heather Etheredge. Dearing leads the West Texas region for the Hotchkiss Benefits Division. He gained experience across multiple industries before founding InCore Group, which …

The leader of Camp Mystic had been tracking the weather before the deadly Texas floods, but it is now unclear whether he saw an urgent warning from the National Weather Service that had triggered an emergency alert to phones in …

How hot can a heat wave really get? Before June 2021, scientists thought they knew. That’s when one of the most extreme heat spikes ever observed hit western North America, leaving at least 1,400 people dead. Lytton, British Columbia, smashed …

This edition of International People Moves details appointments at Guy Carpenter and Moody’s Ratings. A summary of these new hires follows here. Guy Carpenter Promotes Hakes as Global Head of Marine, Energy, and Technical Lines Guy Carpenter, the reinsurance brokerage …

Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses from natural disasters increase, said the head of a global insurance supervisors’ organization. The protection gap refers to the difference …

Coface, the Paris-based trade credit risk management specialist, announced it has received an “in principle approval” from Lloyd’s to launch a short-term trade credit syndicate. The syndicate – Coface Lloyd’s Syndicate 2546 – is expected to commence underwriting in 2025 …

A group of 20 mostly Democrat-led U.S. states filed a lawsuit on Wednesday seeking to block the Trump administration from terminating a multibillion-dollar grant program that funds infrastructure upgrades to protect against natural disasters. The lawsuit filed in Boston federal …

Afore Insurance Services, an Atlanta-area-based insurance brokerage, has acquired TailoredRisk Insurance Advisors of Naples, Florida. TailoredRisk founding principal John Paolini was named executive vice president for the national personal lines division at Afore, the company announced in a news release. …

The Florida Department of Financial Services, without a department head since April – after Jimmy Patronis was elected to Congress – has a new chief financial officer in the form of Blaise Ingoglia, a millionaire home builder and recent state …

Trucordia has acquired the business of Vegas Valley Benefit Plans. Vegas Valley Benefit Plans is a provider of employee benefits and insurance services based in Las Vegas, Nevada. Trucordia is the group name for an insurance brokerage headquartered in Lindon, …

The Liberty Company Insurance Brokers launched a new Northern California, San Francisco Bay Area office, Liberty Naranjo, led by managing partners and brothers, Jonathan and Michael Naranjo. Liberty Naranjo will serve as an employee benefits and property/casualty insurance advisory firm. …

Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users’ privacy, a lawyer for …

Four fans who were injured at a Washington Commanders NFL game in 2022 when a railing in the stadium collapsed have settled their negligence claims against the team. The confidential settlement comes after a federal appeals court last October found …

Providence, Rhode Island-headquartered United Natural Foods on Wednesday flagged about $350 million to $400 million hit to its fiscal 2025 net sales from an unauthorized activity on its internal networks. The grocery distributor took certain systems offline after the activity …

The Pennsylvania Insurance Department (PID) reported that its actuaries denied $210.1 million in requested property/casualty (P/C) insurance premium increases in the first six months of 2025, which is more than was saved in all of 2024. Under the state’s regulatory …

Insurance broker and agency network Keystone Agency Partners (Keystone), announced that the private equity firm Warburg Pincus will acquire a majority stake in the company. Financial details of the transaction were not disclosed. Keystone Agency Partners was formed in 2020, …