1 month ago
We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …
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1 month ago
Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …
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1 month ago
This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability DUAL Europe, the managing …
1 month ago
Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. …
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1 month ago
The burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular heist showed on Wednesday. Four burglars made …
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1 month ago
Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday. “This situation is evolving and very dynamic,” said the transport ministry …
1 month ago
The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure was …
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1 month ago
Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research. A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least …
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1 month ago
The Applied Underwriters Invitational said its annual golf competition raised a record-breaking $15.2 million for charities across the nation. The record exceeds last year’s $14 million, and boosts Applied Invitational’s 38-year total to over $316 million in charitable contributions. There …
1 month ago
The Hill, a prominent Washington, D.C.-based political newspaper, named Charles Symington, president and CEO of the Independent Insurance Agents & Brokers of America (Big “I”), among the top trade association lobbyists in the nation’s capital this year. The Big “I” …
1 month ago
OpenAI and its investor Microsoft Corp. were sued over a Connecticut murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users. The lawsuit turns on the actions of a 56-year-old man who lived …
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1 month ago
An internal affairs investigation into the actions of Rutland, Vermont police in a motor-vehicle pursuit that resulted in the death of a young officer was “preventable” if police had followed proper procedures, recent court documents show. A Salisbury man driving …
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1 month ago
Penn National Insurance, headquartered in Harrisburg, Pennsylvania, is making changes to its leadership team effective in early 2026. After over 30 years with the company, including more than five as president and CEO, Robert Brandon will transition to CEO on …
1 month ago
Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own. State regulators are working to issue permits that would let four companies, including …
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1 month ago
The Trump administration must stop deploying the California National Guard in Los Angeles and return control of the troops to the state, a federal judge ordered Wednesday in an emphatic ruling. U.S. District Judge Charles Breyer in San Francisco granted …
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1 month ago
The Fidelis Partnership (TFP), the Bermuda-headquartered managing general underwriter, announced it has transferred its primary European entity from Brussels to Dublin, effective December 1, 2025. The move establishes Dublin as the hub through which TFP will access the EU market, …
1 month ago
The insurance industry data standards organization ACORD announced today that University of Connecticut graduate student Manasa Ramaka has won the ACORD Student Challenge 2025, a national competition that asks university students to leverage cutting-edge technology to optimize real-world insurance processes. …
1 month ago
Salem Five Insurance, a division of Salem Five Bancorp headquartered in Woburn, Massachusetts, launched its private client practice, naming Kelly Ewart as senior vice president and private client practice leader and appointing Beth Needham to the newly created role of …
1 month ago
QBE Automotive Protection, in partnership with Repair Ventures, has launched a new product for original equipment manufacturers (OEMs) to provide customers with enhanced vehicle protection in the event of a total loss. Vehicle replacement insurance offers drivers a brand-new equivalent …
1 month ago
Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said Dec. 11. The company had recalled certain vehicles with the …