5 hours 48 minutes ago
A fire that shut London’s Heathrow airport in March, stranding thousands of people, was caused by the UK power grid’s failure to maintain an electricity substation, an official report said on Wednesday, prompting the energy watchdog to open a probe. …
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8 hours 13 minutes ago
Ki Appoints Ex-PartnerRe Exec Bonneau as Chair Ki, the algorithmically powered Lloyd’s digital follow platform, announced the appointment of Jacques Bonneau as non-executive chair for Ki Financial Ltd., effective July 1, 2025. Bonneau was previously president & CEO of PartnerRe, …
8 hours 25 minutes ago
One of the US largest exporters of liquefied natural gas, Venture Global Inc., is raising questions over how to share a common waterway with a planned neighbor — it’s a move that underscores a coming bottleneck for shipping space in …
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8 hours 32 minutes ago
A Dallas County district judge dismissed state Attorney General Ken Paxton’s suit against the State Fair of Texas and the City of Dallas, for gun restrictions that were enacted following a 2023 shooting that injured three people at the fairgrounds. …
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8 hours 49 minutes ago
Crystal Ridge Ski Area, LLC, doing business as The Rock Snowpark, a winter sports park and summer events venue in Franklin, Wisconsin, violated federal law when it terminated a lift operations manager because of his religion, the U.S. Equal Employment …
8 hours 53 minutes ago
Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, promoted Ann Kriens to the position of claims vice president. Kriens joined RMIC in 2014 with 20 years of claims experience at Economy/MetLife, serving as an adjuster, support supervisor, property subrogation …
8 hours 59 minutes ago
Contractors from Maine, Connecticut and New York will pay $1.37 million to resolve allegations concerning false claims for payment related to the rehabilitation of a Westfield-Barnes Regional Airport runway in Westfield, Massachusetts. As part of the settlement agreement announced by …
9 hours 2 minutes ago
Brazil’s central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a cyberattack on its systems. The bank did not provide further details of the attack, but said in a …
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9 hours 11 minutes ago
Specialist Risk Group Acquires Generation Underwriting From WF Risk Group Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of managing general agent Generation Underwriting, which has offices in Newcastle and Belfast, from WF Risk Group. Financial details …
9 hours 25 minutes ago
Relation Insurance Services said late last month that it acquired Aon’s Albert G. Ruben, a brokerage for the entertainment industry for the last 65 years. Terms of the deal were not disclosed. The Albert G. Ruben name and team will …
9 hours 55 minutes ago
On June 20, nearly three weeks into the Atlantic hurricane season, Florida disaster-management officials assembled a group of emergency relief contractors in Tallahassee and asked them to do something they had never done before. Governor Ron DeSantis wanted to construct …
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10 hours 11 minutes ago
In keeping with state law, the South Carolina Department of Insurance is again asking carriers to submit extensive data on commercial liability and liquor liability coverage in the state. The data should be submitted by Aug. 31 and should include …
10 hours 24 minutes ago
Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. The acquisition will see BOXX becoming part of Zurich’s platforms business, Zurich Global …
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10 hours 43 minutes ago
Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, reinsurance …
L.S. Howard
12 hours 4 minutes ago
New York state was sued on Wednesday by the National Retail Federation over a new law requiring retailers to tell customers when their personal data are being used to set prices, known as surveillance pricing. The world’s largest retail trade …
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12 hours 17 minutes ago
In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff and the state’s insolvency fund were both wrongly denied certain payments they are entitled from the state’s workers’ compensation fund. The high court found …
13 hours 44 minutes ago
President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. In the latest fight …
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16 hours 13 minutes ago
Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders. Sherpas working on Mount Everest carry all that and more — 20 kilograms (44 pounds) per person — navigating a four-hour hike that traverses crumbling glacial ice and treacherous crevasses …
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18 hours 35 minutes ago
Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas. Weiss joined Liberty Mutual in 2018 as associate vice president, Americas M&A before …
19 hours 55 minutes ago
Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico Data CEO …
Elizabeth Blosfield