4 days 23 hours ago
A majority of Texans oppose the construction of data centers in their community, including nearly two-thirds of Texans living in rural areas, according to a new poll published Tuesday. The survey of 1,200 self-reported registered voters conducted by the University …
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5 days ago
In another measure of the remarkable turnaround of the Florida insurance market, Citizens Property Insurance Corporation’s share of the market has dropped to just 2% for the first time in more than 15 years, Citizens’ president said at a board …
William Rabb
5 days ago
Allianz Global Investors secured $744 Million in commitments for the first close of its latest private credit fund targeting investments in the Asia Pacific, underscoring sustained investor interest for the asset class in the region. The Allianz Asia Pacific Secured …
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5 days ago
Equal Parts, an InsurTech that acquires independent insurance agencies and equips them with artificial intelligence technology, announced it has acquired Texas-based D3. D3 was started in Amarillo, Texas by Rex Young, Stephanie Musick, Dustin Webb, and Brock Sherwood. Collectively, the …
5 days ago
The independent agency channel placed 62% of all property/casualty insurance written in the U.S. in 2025, a slight increase from 2024 when 61.5% of insurance written was placed by independent agents. According to the 2026 Market Share Report published by …
5 days 1 hour ago
Alliant Insurance Services has added Yana Jones as Vice President within its Employee Benefits Group, expanding the firm’s benefits consulting capabilities in Indiana and across the region. Jones will work with employers to design benefits programs that align with business …
5 days 1 hour ago
Iran and Oman said they’ll begin work on finding an agreement over the future administration of the Strait of Hormuz, including the cost of managing transit, as traders and shipowners fret over the prospect of the introduction of a tolling …
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5 days 2 hours ago
Exceptionally warm sea surface temperatures in the Pacific Ocean are setting the stage for a potential “super” El Niño of record-breaking intensity. Temperatures in a part of the equatorial Pacific that’s closely monitored to define El Niño and La Niña …
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5 days 2 hours ago
Seven days into a fire at a large frozen-food storage facility near downtown Los Angeles, firefighters began moving parts of the exterior walls to try to gain access but they have yet to enter the building, officials said. Firefighters continue …
5 days 2 hours ago
Private U.S. property/casualty insurers posted a first quarter 2026 underwriting gain of $15.8 billion—quite the reversal after recording an underwriting loss of $864 million for the first three months last year. A new report from Verisk and the American Property …
5 days 2 hours ago
Tata Electronics said on Monday it had detected a recent “cybersecurity incident,” after researchers said World Leaks posted purported component design and specification papers of Apple and Tesla, both customers of the Indian group. The ransomware group has posted more …
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5 days 3 hours ago
More ships are transiting the Strait of Hormuz with their satellite signals switched on, pointing to growing confidence among shipowners and traders about sending vessels through the world’s most important energy chokepoint. Seven tankers, including two fully-laden non-Iranian supertankers, were …
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5 days 3 hours ago
New York-based Cover Whale Insurance Solutions LLC, a technology-enabled commercial transportation managing general agent (MGA), has launched Breakwater Markets, a digital wholesale brokerage focused on transportation risks. The firm appointed Roman Atkielski as executive vice president of brokerage at Breakwater. …
5 days 9 hours ago
Kansas Insurance Commissioner Vicki Schmidt announced that the Kansas Department of Insurance has made its annual distribution to local Firefighter Relief Associations (FRAs). Pursuant to the Kansas Firefighters Relief Act, $20,743,000 has been distributed to 552 FRAs throughout Kansas. “Firefighters …
5 days 9 hours ago
A fatal collision involving a Tesla Inc. sedan is under federal investigation after an electric vehicle slammed into a home in Texas, killing a woman inside. The US National Highway Traffic Safety Administration said Monday that it has opened a …
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5 days 10 hours ago
Gavin Spencer is the new head of specialty, North America at AIG. He is taking on this expanded role alongside his current responsibilities as head of marine, North America. AIG is headquartered in New York City. Spencer joined AIG in …
5 days 10 hours ago
Euro Exchange Securities UK Ltd., a British payments company, handled at least £2 billion ($2.7 billion) for a small group of risky customers before regulators moved to seize the firm over fears it was facilitating money laundering. The firm told …
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5 days 11 hours ago
Falling Rhine water levels are choking fuel shipments to parts of western Europe as a heat wave grips the region, forcing barges to sail with less than half their normal loads. Earlier on Monday, barges carrying diesel through Kaub in …
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5 days 11 hours ago
Uber Technologies’ board was sued on Monday by shareholders who accused management and directors of letting the ride-sharing company cut corners on compliance, leading to thousands of lawsuits from victims of sexual assault and harassment. In a complaint filed in …
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5 days 11 hours ago
Investors in the ever-hotter AI stock rally must suddenly consider a risk with the potential to be even more damaging than high valuations and big spending: Politics getting in the way. The US administration’s move to block foreign nationals from …
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