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The left engine came off a doomed United Parcel Service Inc. freighter moments before it crashed in a fireball near the company’s global hub in Kentucky, killing at least 12 people. Louisville Mayor Craig Greenberg said in a post on …

This edition of International People Moves details appointments at the MGA Pen Underwriting and the insurer BHSI. A summary of these new hires follows here. Pen Underwriting Names Doyle as CEO of Ireland Pen Underwriting, the London-based managing general agent, …

Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago. Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to shareholders that …

The American neighborhoods with the highest risk of floods are again losing residents. For the first time since 2019, high-risk counties lost domestic residents, with 30,000 more people relocating to other places in the country than moved in, according to …

JPMorgan Chase & Co. was sued in London by an analyst who alleged she was paid less than a male colleague doing the same job and faced retaliation when she raised the issue with managers. Saidya Najeeb, who joined JPMorgan …

The Texas Windstorm Insurance Association Board of Directors met Nov. 4 in Corpus Christi, where the board voted on the association’s 2026 operating budget. Net operating expenses are budgeted to increase from 5.2% of earned premium in 2025 to 5.5% …

The Iowa Insurance Division announced the arrest of a contractor for insurance fraud. Shawn Heuss, age 46, of Johnston, was arrested on Thursday, October 30, 2025, and charged with one count of Fraudulent Submission (Class D Felony), one count of …

Coalition announced it has acquired Wirespeed, a cybersecurity platform built to triage threat detections in milliseconds. The acquisition will combine Wirespeed’s managed detection and response (MDR) with Coalition’s suite of cyber risk management tools and coverage to provide protection against …

Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Prateek Sangal as its chief operating officer, effective October 20. In this role, Sangal will oversee all insurance operations, including policyholder services, underwriting and premium audit. …

Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica and Cuba, according to Boston-based Karen Clark & Co. in its …

Novo Insurance is launching in Arizona with month-to-month pricing tied to driving behavior. Novo uses a “Safety Score” based on how each vehicle is driven. Novo offers an “instant quote,” in which drivers get an upfront safe-driver program enrollment discount. …

The Collision Engineering Career Alliance partnered with El Camino College in Torrance, California to launch a collision engineering program. The aim is to help fill the more than 100,000 job openings expected through 2028 in the field. The two-year associate …

The Federal Aviation Administration on Thursday was working to hammer out details of an unprecedented plan to cut 10% of flights at 40 high-traffic U.S. airports to address safety concerns regarding air traffic controllers amid a record-setting federal government shutdown. …

Mission, a group of specialty underwriters and program administrators based in Alpharetta, Georgia, announced it has launched Diamond Head Specialty Underwriting, a program administrator offering executive liability coverage for small businesses. The non-admitted product can provide directors and officers’ liability, …

Property insurance insights have traditionally relied on publicly available data. Common sources include deed records, weather data, MLS information, aerial imagery, and permit history, which have long formed the backbone of underwriting, pricing, and claims decisions. However, this data often …

Zurich Insurance does not expect any material financial losses from claims related to Hurricane Melissa, the insurer’s finance chief Claudia Cordioli said on Thursday. “A large number of members of those communities and businesses were uninsured. So you should expect …

All three of the Pennsylvania Supreme Court justices who sought reelection Tuesday will get another term, ensuring Democratic jurists keep their majority on the presidential battleground state’s highest court — one at the center of pivotal fights over voting rights, …

Charlie Javice, who was convicted of defrauding JPMorgan Chase & Co., called the bank “hypocritical” for objecting to paying her legal bills, pointing out that it hired dozens of lawyers itself. JPMorgan has asked a Delaware court to end its …

Allstate Corp. third quarter 2025 net income applicable to common shareholders was about $3.7 billion, more then triple the $1.2 billion booked for the same quarter a year ago. Allstate’s Property-Liability business turned in a Q3 combined ratio more than …

Acrisure, headquartered in Grand Rapids, Michigan, appointed Aaron Radelet as chief corporate affairs officer. In this newly created role, Radelet oversees the company’s corporate brand and reputation strategy globally, including communications, public affairs, corporate citizenship and events. He will serve …