2 weeks 6 days ago
Ten days after giving notice that it planned to protest the awarding of a contract to manage a clearinghouse for Florida’s Citizens Property Insurance commercial policies, Ryan Services Group has withdrawn the notice. It’s not that unusual, a Citizens official …
2 weeks 6 days ago
Ben & Jerry’s former independent chair Anuradha Mittal was “abusive, discriminatory and unprofessional” and fostered a toxic culture before she stepped down from the board earlier this year, according to a legal filing by Magnum Ice Cream Company. In one …
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2 weeks 6 days ago
Aon Plc raised $13.5 billion from a high-grade bond offering to help fund its planned acquisition of USI Insurance Services, marking one of the biggest M&A financing deals to come to market in 2026. Investors placed as much as $65 …
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2 weeks 6 days ago
A rig collapsed in Miami’s financial district at the construction site of Citadel’s new headquarters, crushing several cars and snarling traffic. Videos and pictures provided by Miami Fire Rescue showed three cars impacted by the metal structure with a white …
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2 weeks 6 days ago
Amazon.com Inc. suspended work with cargo carrier 21 Air LLC, which operated the Sept. 6 flight that overran the runway at Miami and killed five people on the ground. “We’ve spent time supporting the investigation and reviewing some of the …
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2 weeks 6 days ago
An auto insurer in Massachusetts can withhold medical (MedPay) benefits payments to insureds whose medical expenses have been paid by their primary health insurer. The Massachusetts Appeals Court has upheld Commerce Insurance Co.’s denial of MedPay benefits in accordance with …
Andrew G. Simpson
3 weeks ago
Ames & Gough Appoint Pryde and Walunas as AVPs In Washington, DC Office Ames & Gough appointed Keith Pryde and Tina Walunas as assistant vice presidents in the firm’s Washington, D.C. office. Pryde, an account executive in the law firm …
3 weeks ago
Miller, the London-based independent specialist re/insurance broker, announced its continued expansion in Asia with the launch of Miller Malaysia. Building on its established presence across the region, Miller Malaysia’s initial offering under its Labuan license will focus on treaty and …
3 weeks ago
Canada wants to see the creation of a global “technology stability” body to help oversee artificial intelligence and ensure it is safe, Prime Minister Mark Carney said. “There’s a need for coordination,” Carney said in an interview with Bloomberg News …
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3 weeks ago
Insurance company Sagen MI Canada Inc. is looking to raise around C$300 million ($216 million) through a bond sale as soon as this week, according to people familiar with the matter. The debt will likely mature in seven years, the …
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3 weeks ago
Former hedge fund manager Crispin Odey lost his appeal on Monday against an industry ban for hampering an internal disciplinary investigation into sexual harassment allegations, although a fine imposed on him by Britain’s financial watchdog was reduced. A spokesperson for …
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3 weeks ago
Ascot announced a series of changes to its U.S. operating and distribution model, including a new U.S. regional executive leadership team, an expanded North America distribution role and the consolidation of seven U.S. business segments into five product verticals. These …
3 weeks ago
President Donald Trump said on Sept. 14 that the U.S. already has guardrails in place to regulate and prosecute AI companies, appearing to play down concerns expressed by industry leaders over the weekend about misuse of artificial intelligence. “The only …
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3 weeks ago
Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic …
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3 weeks ago
The US Environmental Protection Agency is expected to formally rescind carbon pollution standards for fossil fuel-fired power plants as soon as Monday, according to people familiar with the matter. The Trump administration’s latest major climate rollback is expected to come …
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3 weeks ago
In the early 2000s, Britain had as many as 10 young workers for every person over-65 with a job. Today there are just two, as older employees hang on for longer and first jobs are harder to come by. The …
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3 weeks ago
When Georgia’s tort-reform law was approved in 2025 property/casualty insurance interests hailed it as a long-awaited measure that would help stem lawsuit abuse and excessive jury awards in the state. But in the first appellate court test of the law, …
William Rabb
3 weeks ago
A drug maker is paying $32 million to settle allegations it violated kickback laws by paying Medicare beneficiary co-pays to encourage the buying of its drug, Oxervate. Dompé U.S. Inc., based in California, has agreed to settle the allegations that …
3 weeks ago
The California Department of Industrial Relations swore in Nicole Richardson as administrative director of the Division of Workers’ Compensation on Sept. 1, following her appointment by Gov. Gavin Newsom. Richardson previously served as DWC’s acting administrative director and chief counsel. …
3 weeks ago
Zurich U.S. announced on Sept. 11 that Alex Wells has been selected to serve as CEO of Zurich U.S., taking over for Sierra Signorelli, who stepped down. The promotion is effective immediately. Wells was president of Zurich U.S. middle market, …