3 weeks ago
First quarter 2026 net income at insurer Chubb was up more than 74% compared to the same period in 2025, with property/casualty underwriting income up 306%. Net income for the first three months finished at $2.3 billion. Underwriting income was …
Chad Hemenway
3 weeks ago
An Amish woman and her six children ranging in age from 3 to 11 were killed in a swift-moving house fire after an explosion that shook nearby houses in rural northcentral Pennsylvania, authorities said. Firefighters responding to a report of …
3 weeks ago
Brokerage World Insurance Associates announced John Newell will become chief executive officer, succeeding founder and long-time CEO Rich Eknoian. Most recently, Newell was chief commercial officer at Newfront, a technology-enabled specialty brokerage platform. There, he led business units across insurance, …
3 weeks ago
Alabama has a new law governing captive insurance companies, and supporters hope it will mean that state regulators will soon lift a moratorium on new captives in the state. “The law takes effect in June, so we’re hoping that maybe …
3 weeks ago
Texas House Speaker Dustin Burrows on Monday targeted Roblox for alleged child endangerment, after learning the platform offered a simulation of the 2022 Uvalde mass shooting. Burrows instructed lawmakers to study ways to strengthen child safety and accountability for virtual …
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3 weeks ago
Ohio Mutual Insurance Group last week announced that it has reached an agreement to merge Gooding, Idaho-based Gem State Insurance as a subsidiary under Ohio Mutual Insurance Group’s mutual holding company structure, following unanimous votes by both organizations’ boards of …
3 weeks ago
Relatives of a jail inmate whom investigators determined died after a Kansas sheriff’s deputy shoved his knee into the cuffed man’s back for one minute and 26 seconds have filed a federal lawsuit. Attorneys for the family of Charles Adair …
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3 weeks ago
IMA announced the appointment of Al Caceres as Senior Vice President, National Energy Property Leader, joining the firm’s Energy Practice to lead strategy and execution of the company’s energy property insurance business nationwide. With more than 20 years of underwriting …
3 weeks ago
Specialty cyber insurance provider Cowbell said it has launched Prime One, a non-admitted cyber insurance product designed for U.S. organizations with advanced digital risk profiles and annual revenues between $250 million and $1 billion. Prime One delivers up to $10 …
3 weeks ago
MS Amlin, the Lloyd’s global specialist re/insurer, has launched a new sub-syndicate to target innovative growth opportunities and provide greater flexibility and capacity for brokers. Named s1673, the sub-syndicate will support the growth of business written through MS Amlin’s recently …
3 weeks ago
Beware, agents. That email from the National Insurance Producers Registry may not be legit. NIPR said it has learned of an active phishing email campaign referencing past-due invoices. The emails may look like they are from trusted sources such as …
3 weeks ago
Keyes Coverage, part of Keystone Agency Partners, has acquired Seibert Insurance Agency in Tampa, expanding its western Florida presence with one of the better-known agencies in the area. “Joining Keyes Coverage is the right next step for our agency, our …
3 weeks ago
A federal jury on Monday said Uber should pay $5,000 to a woman who claimed she was sexually assaulted by a driver she booked through the app, as the company faces thousands of similar claims. The Raleigh, North Carolina jury …
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3 weeks ago
The state of Maryland and the federal government have filed separate civil lawsuits over the rupture of the sanitary pipeline known as the Potomac Interceptor that spilled more than 200 million gallons of untreated sewage into the Potomac River in …
Andrew G. Simpson
3 weeks 1 day ago
The US Supreme Court expressed little enthusiasm for curbing one of the Securities and Exchange Commission’s most important enforcement tools, as the justices weighed restricting the financial watchdog’s power to collect ill-gotten gains. Hearing arguments in Washington Monday, the court …
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3 weeks 1 day ago
The current conflict in the Middle East has been as disruptive commercially as it has been geopolitically. Many businesses operating in the region are suffering from a combination of sharp demand declines, blocked routes to market, surging input costs, and …
Admin
3 weeks 1 day ago
Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to some shipping companies whose vessels are stranded west of the waterway, Greek maritime risk management firm MARISKS has warned. The U.S. has …
3 weeks 1 day ago
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly driven by China, a report by the Global Wind Energy Council said, adding this still lagged the pace needed to …
3 weeks 1 day ago
President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine and other psychedelics remain banned …
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3 weeks 1 day ago
The U.S. Supreme Court declined on Monday to hear a bid by Bank of America and seven other major financial institutions to prevent American cities from banding together in a $12 billion class action accusing them of artificially inflating interest …
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