Aggregator

Earlier this week, American International Group (AIG) made a splash with the announcement that it had hired former Lloyd’s CEO John Neal to be the new leader of General Insurance, the company’s property/casualty operations. Meanwhile, the man who once led …

Waymo is more than doubling its service territory in Austin as the driverless taxi firm looks to fend off competition from Tesla Inc. Through its partnership with ride-hailing giant Uber Technologies Inc., Waymo said Thursday that it will now offer …

AM Best announced it has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Vanguard Insurance Company, based in Houston, Texas. The …

The U.S. auto safety agency is shedding more than 25% of its employees under financial incentive programs to depart the government offered by the Trump administration, according to data provided to Congress seen by Reuters. The National Highway Traffic Safety …

Chinese-linked hackers are targeting the Taiwanese semiconductor industry and investment analysts as part of a string of cyber espionage campaigns, researchers said on Wednesday [July 16]. While hacking to steal data and information about the industry is not new, there …

Republican Gov. Glenn Youngkin announced on Tuesday that Google will partner with his administration to provide free and low-cost artificial intelligence certification courses to Virginians as part of his office’s ongoing effort to connect citizens to new jobs amid changes …

California Forever, the proposed futuristic community backed by billionaire venture capitalists, is now billing itself as a manufacturing center a year after local opposition forced it to withdraw plans to incorporate a new city. The project’s organizers said Thursday that …

In May 2025, Massachusetts college student Yvette Yuri Lanuza Digan was at a fraternity gathering when another person poured Everclear grain alcohol onto an open fire in the backyard of the house. An enormous fireball instantly erupted, enveloping Digan who …

Starwind Specialty Insurance Services, a division of CRC Group, announces today its official rebrand of its 5Star Workers’ Compensation unit to Starwind WC. The rebrand includes a new name, logo, and a refreshed website for the 30-year old company. Starwind …

The California Labor Commissioner’s Office cited the Ritz-Carlton Hotel Company LLC and three contractors more than $2 million for reportedly misclassifying 155 janitors as independent contractors at its Half Moon Bay hotel. The citations include $1.9 million in wages and …

Inszone Insurance Services announced that it has acquired Snell-Nelson Insurance Agency, Inc, an agency based in Ashland, Kansas, with additional operations throughout Kansas and Oklahoma. Established in 1985 by Monica Meininger, Snell-Nelson Insurance Agency has built a reputation with clients …

Nearly a quarter of cybersecurity bosses said their companies have experienced an attack powered by artificial intelligence in the past year, according to a new survey in which AI risk emerged as the defining challenge. The number of AI-enabled attacks …

A district judge this month sentenced sentenced Evette “Betty” Osuegbu, 62, of Granite City, Illinois to 15 years in federal prison for her role in a string of arsons and insurance fraud stretching from 2014 to 2023. Following a five-day …

Price Forbes, the London-based re/insurance broker, announced the further expansion of its exclusive cross-class facility, Lectio, to include construction/builders risk coverage. Lectio will automatically follow pre-approved Lloyd’s leaders across placements for short-period construction within the U.S., Canada and Australia. Price …

Tesla Inc. hasn’t done enough to protect against drivers misusing its Autopilot system, a safety expert testified at a trial over a 2019 fatal collision. Mary “Missy” Cummings, an engineering professor at George Mason University, told jurors in Miami federal …

Patriot Growth Insurance Services, a national insurance brokerage and partnership platform, has announced another team member: Florida-based Legacy Insurance Solutions. Legacy is a family-founded insurance agency with offices in Tallahassee and Palm Beach Gardens. It was founded in 2011. Brand …

Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe losses in the second quarter, and estimated the bill to be nearly $2 billion. In reporting monthly catastrophe losses, Allstate estimated $619 million from …

Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4%, compared with an increase of 6% in Q2 2024. …

OAK RIDGE, Tenn. (AP) — Near signs that warn of radioactive risk at Oak Ridge National Laboratory, a half-dozen workers from the nuclear power company X-energy are making what appear to be gray billiard balls. Inside, they’re packed with thousands …

Ryan Specialty announced the death of board member D. Cameron (“Cam”) Findlay, who unexpectedly passed away earlier this month at the age of 65. Findlay served on the Ryan Specialty Board, including its pre-IPO predecessor, since 2012, and was most …