2 days 7 hours ago
Typhoon Kalmaegi killed at least 116 people in the Philippines, becoming the deadliest storm to hit the Southeast Asian nation in a year, with dozens more missing. The typhoon, locally known as Tino, also displaced more than half a million …
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2 days 8 hours ago
From global banks to alternative fund managers, more senior financiers are joining a growing chorus warning of cracks in private credit. TCW Group Inc.’s Chief Executive Officer Katie Koch told a forum in Hong Kong on Wednesday that she’s “very …
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2 days 8 hours ago
UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she seeks to encourage more investment in the City ahead of a tricky budget later this month. The meeting, whose attendees …
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2 days 9 hours ago
The US Food and Drug Administration’s lead drug regulator George Tidmarsh resigned two days after being placed on administrative leave over personal conduct concerns, according to the US Department of Health and Human Services. The resignation comes the same day …
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2 days 10 hours ago
The Georgia Court of Appeals this week handed down multiple decisions, three of which could indirectly affect property and liability insurance coverage in the state for years to come. In a case over a deliberately set Atlanta apartment complex fire …
William Rabb
2 days 10 hours ago
Severe weather events are increasing in New York and certain types of events, including thunderstorm-related damaging wind and flash flooding, are also increasing, according to a new report from State Comptroller Thomas P. DiNapoli. Since 1998, New York State has …
2 days 10 hours ago
Sling TV LLC and Dish Media Sales LLC, a streaming service, have agreed to pay $530,000 to settle allegations that the company violated the California Consumer Privacy Act by failing to provide an easy method for consumers to stop the …
2 days 11 hours ago
Third quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 81% compared with last year, to $793 million. The unit—North America commercial, International commercial, and global personal—recorded $100 million in catastrophe-related charges in Q3 2025, compared …
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2 days 21 hours ago
Afore Insurance Services, LLC announced its acquisition of Salzberg Insurance Agency in Norfolk, Virginia, a firm with an 87-year history of serving the Hampton Roads business community. Terms were not disclosed. Under the agreement, Salzberg will operate as part of …
2 days 23 hours ago
The Louisiana State Bar Association (LSBA) has selected Old Republic Lawyers Specialty Insurance (ORLSI) as its endorsed lawyer’s malpractice insurance provider. Through its partnership with ORLSI, the LSBA Insurance Program now offers enhanced policy coverages and better program perks. These …
2 days 23 hours ago
Trinity Couriers Inc., a courier service based in San Antonio, pled guilty to fraudulently obtaining workers’ compensation insurance coverage, the Texas Department of Insurance announced. The company agreed to pay $800,000 in restitution to their insurance carrier, Texas Mutual Insurance …
2 days 23 hours ago
A faculty adviser for Indiana University’s student newspaper filed a federal lawsuit last week arguing his free speech and due process rights were violated when he was fired for refusing to ensure no news stories appeared in the homecoming print …
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2 days 23 hours ago
John Lupica, vice chairman of Chubb Group and executive chair of North America Insurance, is retiring at the end of the year. John Keogh, president and chief operating officer of Chubb Group, will add the additional role of chair of …
3 days ago
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President …
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3 days ago
The North Carolina Rate Bureau is asking for 28.5% and 31% average rate increases for dwelling policies over the next two years, numbers that will likely be reduced after negotiations with the state insurance commissioner. The Rate Bureau, representing insurance …
3 days ago
Prosecutors said three American cybersecurity professionals secretly ran a ransomware operation aimed at shaking down companies across the United States. The three people, only two of whom – Ryan Goldberg and Kevin Martin – were identified by name, collaborated with …
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3 days 1 hour ago
This edition of International People Moves details appointments at Westfield Specialty International and Vantage Group Holdings. A summary of these new hires follows here. Westfield Specialty Int’l Names Former AIG Exec Baldwin as President Westfield Specialty International announced the appointment …
3 days 1 hour ago
Arthur J. Gallagher & Co. acquired Denver, Colorado-based Surescape Insurance Services LLC. Doug Rothey and his team will remain in their current location under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations. Surescape is …
3 days 1 hour ago
Progressive’s insureds in Florida who held auto policies in 2023 and 2024, then switched to another carrier, may not qualify for a refund, despite a state law that measures excess profits over a three-year period. Progressive officials said that the …
3 days 1 hour ago
Already suing the current CEO of Howden US and others, all former employees, broker Marsh has filed a new lawsuit against another group of former employees now at Howden US for breach of various employee contracts. The lawsuit filed Nov. …
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