1 month ago
In India’s western state of Maharashtra, mango farmer Komal Walke is scrambling to meet orders from India’s online grocers after her family’s three acres of orchards produced almost no Alphonso mangoes this year. Walke, a 26-year-old horticulturist in the coastal …
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1 month ago
World Insurance Associates LLC announced that it acquired the business of Agency West Insurance of Olathe, Kansas on February 1, 2026. Terms of the transaction were not disclosed. Agency West has been operating in Kansas for many years. They serve …
1 month ago
Amiga Specialty, the London-based managing general agent, has secured £/$25 million of “A”-rated capacity with global Lloyd’s licensing for its Yachts division, marking an important step in the development of its specialist marine offering. The capacity will support Amiga Specialty’s …
1 month ago
Buc-ee’s, Ltd., a travel center retailer with locations throughout Texas and in 10 other states, violated federal law when it denied a disabled employee reasonable accommodations and subsequently terminated him, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a …
1 month ago
This edition of International People Moves details appointments at Aon and HDI Global. A summary of these new hires follows here. Aon Promotes Hoffman to Global CEO of Commercial Risk Insurance broker Aon plc announced the appointment of Christian Hoffman …
1 month ago
The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings. SEC Chairman Paul Atkins said he would welcome …
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1 month ago
Insurance carriers are not off the hook in two high-profile lawsuits involving alleged sexual abuse and millions of dollars in defense costs and indemnity—one in North Carolina and one in Georgia. In the North Carolina case, Ohio Casualty Insurance Co., …
William Rabb
1 month ago
An accident at a Washington state packaging facility has left at least one person dead, nine missing and nine others injured, with crews working to contain a ruptured tank of caustic chemicals. The incident occurred Tuesday morning at Nippon Dynawave …
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1 month ago
Southern California officials lifted the final evacuation orders Tuesday night for residents who live near a damaged chemical tank, allowing 16,000 people to return home. The crisis that began Thursday had forced 50,000 people to evacuate in and around the …
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1 month ago
OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a …
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1 month ago
Blue Origin, the aerospace company founded by billionaire Jeff Bezos, will invest $600 million to expand its Rocket Park campus in Cape Canaveral, Florida, according to a statement from Governor Ron DeSantis. The planned 830,000-square-foot manufacturing facility will increase the …
1 month ago
A huge fire and explosion at a lumber mill in Maine on May 15 that took the life of a 27-year-old firefighter and injured a dozen others is believed to have been accidental, according to an initial investigation by state …
1 month ago
North Carolina investment firm founder Greg Lindberg was sentenced Tuesday to 12 years in prison for siphoning more than $2 billion in reserves backing insurance policies and using the proceeds to pay for jets, mansions and a 214-foot yacht. Lindberg, …
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1 month ago
Climate change is linked to a 10% global increase in antibiotic-resistance genes in Salmonella, according to new research that suggests warming temperatures and shifting rainfall patterns could accelerate the spread of hard-to-treat infections. The study — conducted by researchers from …
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1 month ago
Commercial shipping through the Strait of Hormuz gained modest momentum over the past 24 hours as at least two non-Iranian supertankers exited the Persian Gulf, the latest mini-flurry in energy flows transiting the vital waterway. The Singapore-linked Eagle Veracruz and …
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1 month ago
United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel’s port side, close to the waterline, 60 nautical miles off Oman’s capital Muscat. UKMTO said the vessel, identified as the Olympic …
1 month ago
Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
1 month ago
The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid …
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1 month ago
New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements …
Andrew G. Simpson
1 month ago
Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding …