Aggregator

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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. …

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, …

World Insurance Associates announced that it acquired the business of Cubriel Insurance Agency of Laredo, Texas on June 1, 2026. Terms of the transaction were not disclosed. Cubriel is a P&C agency with a business mix of commercial lines and …

Brown & Riding announced the launch of its new national Agribusiness Practice, a specialty practice area delivering comprehensive insurance solutions for the entire agricultural supply chain. The practice is led by David Chipp, and supported by a team of product …