4 days 4 hours ago
“Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the impact of litigation finance on the insurer’s results. “It’s …
Susanne Sclafane
4 days 4 hours ago
Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice’s first public enforcement action of a federal anti-bribery law it resumed enforcing in June. In …
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4 days 4 hours ago
PALM COAST, Fla. (AP) — A Florida woman is accused of posing as a licensed nurse and giving medical care to thousands of patients, authorities said. Autumn Marie Bardisa, 29, of Palm Coast, participated in medical services involving 4,486 people …
4 days 4 hours ago
The South Carolina Department of Insurance has proposed new rates for credit property insurance, holding the rate steady for household goods but reducing rates for other categories for 2026. Because rate decreases in recent years do not appear to have …
4 days 4 hours ago
Florida-based Legacy Risk Solutions, a network of independent insurance agencies, has merged with PointeNorth Insurance Group, bringing more options for agents in commercial and personal lines. The combined firm will operate as Legacy Risk Solutions, headquartered in Gainesville, Georgia, the …
4 days 4 hours ago
The founder of a Florida-based neo-Nazi group has been sentenced to 20 years in federal prison for conspiring with his girlfriend to plan an attack on Maryland’s power grid in furtherance of their shared racist beliefs. Brandon Russell, 30, was …
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4 days 4 hours ago
The Federal Aviation Administration said on Friday it is proposing to extend flight cuts at Newark, one of the three main airports serving the New York City-area, through October 2026 as it continues to face air traffic controller shortage and …
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4 days 4 hours ago
A Colorado prison was evacuated as one of the largest wildfires in state history continued to grow, and officials warned residents of remote areas to be ready to leave Sunday as gusty winds and low humidity fed the flames. Evacuation …
4 days 4 hours ago
With President Donald Trump set to ax a key electric vehicle tax credit next month, California Governor Gavin Newsom has yet to advance his highly touted proposal to restart the state’s own EV subsidies, according to people familiar with the …
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4 days 4 hours ago
Are two AIGs better than one? In outlining the work at American International Group (AIG) to integrate generative artificial intelligence, CEO Peter Zaffino said AIG’s intent is to “create a digital twin of our business.” The “twin” will represent “all …
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4 days 16 hours ago
Chubb Makes Key Leadership Appointments in Surety’s Global and North America Businesses Chubb Limited, headquartered in Warren, New Jersey, named Steve Haney, vice president, Chubb Group and currently division president of North America surety and chief underwriting officer of global …
4 days 17 hours ago
Coterie Insurance, headquartered in Appleton, Wisconsin, named Mike Albert and Allan Egbert to the company’s senior leadership team as chief technology officer and chief platform officer, respectively. Albert and Egbert, the co-founders of Ask Kodiak, have advised Coterie since early …
4 days 17 hours ago
Two people working on powerlines near the Mississippi River died Thursday when their helicopter hit the lines, crashed into a barge and sparked a fire that belched plumes of black smoke, officials said. The helicopter crew was near East Alton, …
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4 days 17 hours ago
Louisiana authorities have agreed to pay $9 million to a man who was partially paralyzed from the waist down after a trooper shot him in the back during a 2018 traffic stop in Baton Rouge and then falsely reported it …
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4 days 17 hours ago
Strong storms before dawn Saturday in eastern Nebraska killed one person and seriously injured another in a state park and displaced hundreds of inmates after two prison housing units were damaged, officials said, even as other Midwest states also braced …
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4 days 17 hours ago
A Texas agency overseeing 13 million acres of state land is warning that toxic waste fluid from shale drilling threatens to contaminate oil wells in North America’s most prolific crude basin. The General Land Office of Texas, which was founded …
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4 days 18 hours ago
Fires, storms and the potential for near-record high temperatures across the western US are in the offing for the coming week. The Gifford Fire, about 125 miles (201 kilometers) northwest of Los Angeles, had burned 114,621 acres and was 21% …
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4 days 18 hours ago
Electricite de France SA was forced to shut four atomic reactors after a swarm of jellyfish clogged up filter drums at its Gravelines power plant. The “massive and unforeseen” presence of jellyfish in the filter drums of pumping stations closed …
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4 days 18 hours ago
Global specialist insurer, Hiscox, has announced the appointment of Harriet Turner to its London Market business to lead its new sexual molestation liability (SML) cover – expanding its existing range of casualty products. Hiscox’s launch of SML cover is designed …
4 days 19 hours ago
This edition of International People Moves details appointments at Lancashire Holdings and CFC Underwriting. A summary of these new hires follows here. Lancashire Announces Leadership Promotions, Including CEOs of Insurance Units Lancashire Syndicates Ltd. and Lancashire Insurance Company Ltd., the …