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Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred meters from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday. The incident underscores the growing threat to critical energy infrastructure …

Marco Capital, the property/casualty legacy consolidator and parent of insurance services group PoloWorks, has entered into an agreement to acquire Pro Global, subject to regulatory approval. Financial details of the deal were not disclosed. The acquisition represents a significant milestone …

Flashes of yellow were all around the Texas Capitol grounds on Wednesday as legislators gathered to consider two of the most controversial issues in Texas politics: data centers and transmission lines. The color — displayed on bandanas, pins, shirts and …

Jefferson, Louisiana Parish Council Chairwoman Jennifer Van Vrancken was honored at the Louisiana Department of Insurance Annual Conference for initiating a gap fund program that helps residents secure funding to pay for Fortified roof improvements. Louisiana Insurance Commissioner Tim Temple …

Wisconsin car dealership Kenosha Nissan violated federal law when it retaliated against multiple employees for reporting racial harassment and fired one of them, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the suit, Kenosha …

One Florida insurance agent won the Republican nomination for his seat in the state House of Representatives but two other agents did not make the cut in Tuesday’s primary voting. Incumbent state Rep. Brian Hodgers, R-Viera, won 58.5% of the …

A California agency on Wednesday approved long-delayed regulations designed to protect homes from wildfire, but they’re less stringent than defenses recommended by scientists and firefighters. The new rules, which apply to about 2 million homes, were mandated by a 2020 …

Massachusetts lawmakers are seeking to establish the nation’s most stringent state-level safeguards for artificial intelligence, a proposal that’s divided an industry the governor’s office is concurrently seeking to woo. An economic development bill passed by the state Senate last month …

Jewelers Mutual Group announced that Chief Executive Officer Scott Murphy will retire at the end of 2026, following twelve years of leadership that fundamentally reshaped the company and its place in the industry. Mike Alexander, currently serving as President, will …

Lockton announced the launch of its U.S. Aviation Practice, a dedicated national platform designed to help aviation and aerospace organizations navigate increasingly complex operational, regulatory, geopolitical, and insurance market challenges. The practice strengthens coordination among Lockton’s aviation specialists and industry …

Brokerage Lockton said it launched a U.S. Aviation Practice to help aviation and aerospace organizations navigate increasingly complex operational, regulatory, geopolitical, and insurance market challenges. Taylor Anderson has been appointed to lead the practice. The promotion follows even years as …

The MEMIC Group, headquartered in Portland, Maine, added Megan Vernon and Nikko Severson to its loss control team. Vernon rejoins MEMIC as a loss control consultant serving Maine policyholders and brings six years of experience in workplace safety and risk …

The U.S. Securities and Exchange Commission on Tuesday sued the former CEO and two other top executives of Tricolor, the latest fallout after the collapse of the Texas-based used-car seller and subprime lender last year. The SEC charged former CEO …

Daniel Ilg started out in the freight brokerage industry at 14 years old, learning from his dad how to match trucking companies with loads of goods that needed to move around the country. About two decades later, now running the …

A former Maryland police officer has been sentenced for his role in an auto-insurance fraud scheme that involved several other police officers over several years. Michael Anthony Owen, Jr., of Accokeek, a former Prince George’s County police officer, was sentenced …

Climate change could cost London as much as £36 billion ($50 billion) a year by the 2050s, the Mayor of London’s office said in a report.Lost working hours, disruption to businesses and damage to infrastructure caused by extreme weather in …

China Evergrande Group’s founder Hui Ka Yan has been sentenced to life in prison, bringing an end to one of the most dramatic rise and fall stories in China’s corporate history.The disgraced property tycoon, once Asia’s second richest man, had …

AXIS Capital Holdings Limited said Jim Rhyner has been appointed head of North America financial lines, programs, and Canada. Rhyner will take the role on Aug. 31 and report to Head of North America Mike McKenna. He will work out …

Progressive insurance, already one of the most-recognized U.S. insurance brands, will gain more exposure this fall with its logo placement on 13 college football fields, including the fields at Ole Miss, Georgia, Oregon, USC, Boise State, Colorado State, Iowa, Kansas …

A former engineering director at Meta Platforms testified on Wednesday that CEO Mark Zuckerberg was responsible for a culture that may have led the company to shirk its responsibility to protect children who use its Facebook and Instagram platforms from …