1 week 2 days ago
A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …
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1 week 2 days ago
Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace platform private in an all-cash deal worth more than $4 billion, just over a year after its New York listing. Shareholders of Atlanta-based Accelerant will …
1 week 2 days ago
UnitedHealth Group Inc. board members ignored a raft of governance and oversight risks for years before catastrophic failures triggered billions in losses for investors, a shareholder lawsuit alleges. An amended complaint filed Aug. 7 in a Minnesota federal court reveals …
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1 week 2 days ago
German companies are reporting growing disruption from Rhine water levels that have hit record lows, with chemical producers, utilities, steelmakers and agricultural traders warning of higher costs, transport bottlenecks and curbed production. While Germany has not yet suffered the widespread …
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1 week 3 days ago
Russia may escalate attacks against the Baltic States and Poland, a European intelligence official said, amid rising concern that Moscow wants to further intimidate nations supporting Ukraine. There are indications that Russian intelligence and security services are looking at so-called …
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1 week 3 days ago
Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick, with rough monsoon conditions threatening to hamper the effort. Specialist personnel have already boarded the Caroline Bezengi, a Suezmax that’s grounded among …
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1 week 3 days ago
Iran is battling an oil spill off Qeshm Island, underscoring the environmental risks posed by attacks on tankers in the Persian Gulf. Satellite images show a dark, elongated trail in waters off the coastal village of Shib Deraz — a …
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1 week 3 days ago
Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the job. Gig workers will be paid at least …
1 week 3 days ago
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a “fragmented phase.” Nationally, the US effective approved homeowners rate change declined from about …
Chad Hemenway
1 week 3 days ago
The world’s busiest airport is coming to market with a more than $1 billion municipal bond sale, boosting issuance in the lagging airport sector. Atlanta’s borrowing will help finance infrastructure improvements at the Hartsfield-Jackson Atlanta International Airport, a cornerstone hub …
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1 week 3 days ago
West Virginia is one of the deadliest states for house fires, killing an average of 32 people per year between 2009 and 2023. An audit of the State Fire Commission in December of 2025 noted that the commission hadn’t compiled …
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1 week 3 days ago
Amynta Group, an insurance services firm and managing general agent based in New York, said it has acquired Southern States Underwriters and SSC Insurance Agency, based in Richmond, Virginia. The underwriter and agency are the insurance operations of Southern States …
1 week 3 days ago
The Florida Surplus Lines Association installed its new officers and directors this week at what the association said was a record-breaking annual convention in St. Petersburg. “Our industry plays a vital role in helping Florida businesses and consumers find coverage …
1 week 3 days ago
Lindsay Clancy messaged one of her caregivers less than two months before she killed her three young children in 2023 to say she was having “intrusive thoughts I never had before,” “feeling completely hopeless” and worried about becoming addicted to …
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1 week 3 days ago
Firefighters who responded to a fire at a Maine lumber mill used tactics that inadvertently contributed to a massive explosion that killed three people, according to a report from federal investigators. The fire companies tried to extinguish the May 15 …
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1 week 3 days ago
A specialty homeowners program serving high-value homeowners is coming to California and Colorado. Green Shield Risk Solutions is expanding its Guardian Elite Home, a non-admitted homeowners program for affluent primary and secondary residences, in California and Colorado. The rollout is …
1 week 3 days ago
American International Group Inc. Chief Executive Officer Eric Andersen said that while the artificial intelligence buildout presents a “great opportunity” for the insurance industry, it’s also pushing property and casualty providers to their limits. AI data centers “need everything from …
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1 week 3 days ago
When Armin Mizani won the GOP primary for a north Texas House district in March, warning bells went off in certain Republican circles. It’s not his political ideology. Mizani is a die-hard conservative who, as mayor of Keller, proudly partnered …
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1 week 3 days ago
Washington University in St. Louis is being sued for allegedly violating federal law by firing an employee in retaliation for her opposition to race discrimination and filing a discrimination charge with the U.S. Equal Employment Opportunity Commission (EEOC). According to …
1 week 3 days ago
IMA Financial Group announced the addition of seven new hires to its Private Equity and M&A Practice. The hires represent the latest investment in a practice that has become one of IMA’s fastest-growing specialty practices. Less than five years after …