5 days 15 hours ago
As the Iran war disrupts global flows of oil and gas and energy prices skyrocket, the Drin River, which descends through the mountains of northern Albania, is acting as a kind of shield. Swelled by winter rains and snowmelt, and …
Admin
5 days 18 hours ago
Executive Summary: Rapidly shifting war-risk conditions are exposing structural weaknesses in delegated authority underwriting, according to Alex Babin, CEO of Hercules Systems, who notes that many underwriters still rely on delayed, inconsistent bordereaux data. While AI is accelerating data extraction, …
Admin
5 days 23 hours ago
WTW appointed Spike Lipkin as chief AI officer and Gordon Wintrob as head of AI acceleration. These new enterprise appointments will scale Newfront’s AI-native approach and innovative capabilities across WTW. Working in close partnership with WTW’s technology function and businesses, …
5 days 23 hours ago
A new report shows 767 supply chain crime events across the U.S. and Canada in the first quarter of the year, down 5.3% from the same period a year ago and down 12.2% the fourth quarter of 2025. However, a …
5 days 23 hours ago
In another win for auto insurers, a federal appeals last week struck down a proposed class-action lawsuit over the methods carriers use to value totaled vehicles. At least five appellate courts in the last few years have said “no” to …
William Rabb
5 days 23 hours ago
A year after the Trump Administration attempted to halt funding for some resiliency programs, the Federal Emergency Management Administration announced almost $20 million in flood mitigation grants around the Southeast. The funding for projects in Alabama, Florida, Kentucky, Mississippi and …
5 days 23 hours ago
For decades, the 1990 theft of 13 artworks from the Isabella Stewart Gardner Museum — now valued at more than $500 million — has remained unsolved. It remains the largest art theft in history — far surpassing more recent museum …
Admin
5 days 23 hours ago
An indictment charges six in a sophisticated theft ring that shipped stolen vehicles to countries as far as Africa, according to an announcement by the U.S. District Court in the District of Columbia. According to the indictment, at least 20 …
5 days 23 hours ago
The Department of Justice issued an order on April 23, rescheduling state-licensed medical marijuana and Food & Drug Administration-approved cannabis products to Schedule III of the Controlled Substances Act (CSA). The order is also expected to jumpstart the stalled Drug …
Admin
5 days 23 hours ago
A California company was fined $4.4 million for misclassifying caregivers as independent contractors. The California Labor Commissioner’s Office cited Hart Placement Agency Inc., a Canoga Park based company, and its principals, Annie Ghaw and Hartmann Ghaw, for misclassifying 144 caregivers …
6 days 6 hours ago
The Safeco Insurance brand has gone the way of the dodo bird. It’s now all Limu Emu, all the time. Liberty Mutual said on April 27 that it followed through with what it said about a year ago and officially …
6 days 9 hours ago
The U.S. Supreme Court appeared divided on Monday over Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices heard arguments …
Admin
6 days 10 hours ago
The city of Baltimore suffered a defeat in its efforts to address the opioid epidemic last week when the Maryland Supreme Court vacated a $152 million public nuisance verdict won by the city against drug distributors McKesson and AmerisourceBergen. The …
Andrew G. Simpson
6 days 12 hours ago
The Midwest is bracing for severe weather on Monday, including the threat of the excessive rainfall, hail damaging wind gusts and tornadoes. Missouri, Illinois and Indiana face the greatest risk of severe storms. Scattered large hail, flooding, severe and damaging …
6 days 12 hours ago
Beazley, the specialty insurer, has announced the appointment of Sundeep Khera as head of Marine, effective April 21, 2026. As part of the Marine, Accident & Political (MAP) Risks team, Khera will lead the Marine, Energy, Aviation and Space teams, …
6 days 12 hours ago
The U.S. Department of Labor has ordered an inspection company to reinstate and compensate a terminated worker who reported safety concerns during installation of a natural gas pipeline in Watonga, Oklahoma. The department’s Occupational Safety and Health Administration investigated a …
6 days 13 hours ago
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, …
L.S. Howard
6 days 13 hours ago
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners insurance availability across the state, explaining in a news release the move is due …
6 days 14 hours ago
The U.S. Supreme Court is set on Monday to consider Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices are …
Admin
6 days 14 hours ago
First quarter 2026 net income at The Hartford increased 36% to about $851 million as catastrophe losses during the period were half the amount of the same time a year ago. Pretax catastrophe losses for Q1 were about $230 million, …
Chad Hemenway