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California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television. The lawsuit filed in Oakland federal court, …

Enterprise Risk Associates, the New York-based insurance brokerage that has focused on expansion through agency acquisitions, said it has acquired Insurance Solutions of America, headquartered in Oviedo, Florida. ISOA was founded in 2007 by Scott Lugering and Amber LaSota. It …

The U.S. property/casualty industry posted its best underwriting profit and combined ratio in a decade in 2025, building upon the $1 trillion of total direct premiums written logged the prior year for the first time. According to a new report …

The chemical tanker Stolt Magnesium caught fire on Tuesday following the “explosion of an unidentified external device” as it was sailing in the Arabian Sea off the coast of Oman, according to its manager Stolt Tankers, the main unit of …

RockRose Risk launched a “human-in-the-loop” assessments product to provide the algorithms need to price risk accurately in California. RockRose Risk, an insurance brokerage that offers property owners discounts for wildfire mitigation, launched its homeowners insurance product in California, which follows …

Two United Arab Emirates-linked supertankers came under attack while sailing “dark” through the Strait of Hormuz, threatening one of the main methods of getting non-Iranian crude to the global market during the war. A seafarer died and several were injured, …

Iran fired missiles at Jordan and Bahrain on Tuesday after the United States launched a five-hour attack on Iranian targets, stepping up a battle for control of the Strait of Hormuz that has pushed up oil prices to four-week highs. …

NFP’s Clifford Named U.S. Brokerage and Account Management Leader Tom Clifford assumed an expanded leadership role as leader of U.S. brokerage and account management in the construction and infrastructure (C&I) group at NFP, an Aon company. Based in New York, …

Canada’s federal banking regulator warned the country’s largest financial institutions about the risks of Anthropic’s Claude Mythos and other advanced AI models, saying the new technology could increase cyber threats and reduce the time institutions have to identify and fix …

Australia’s Steadfast said on Tuesday that the global investment firm KKR has joined the consortium of Amwins Group and Dragoneer Investment in their A$7.7 billion ($5.33 billion) proposal to buy out the insurance broker. Here are some more details: KKR …

The Baldwin Group announced the appointment of Phil Pierce as west regional president for its Insurance Advisory Solutions (IAS) segment. This appointment further underscores the firm’s sustained growth as well as the evolving scale of its IAS business. In this …

The U.S. FDA on July 13 urged the infant-formula industry and supply-chain partners to exercise substantive oversight of their suppliers following multiple product recalls and recent botulism cases – the first outbreaks in the country linked to baby formula in …

From 2020 to 2024, Florida’s population grew by 8.5%, from 21.6 million to 23.4 million. This is nothing new: The state’s warm weather, amenities that include world-class golf courses and beaches, and lack of income tax have long attracted newcomers, …

On August 29, 2005, Hurricane Katrina made landfall near Buras-Triumph, Louisiana, as a Category 3 hurricane with sustained winds of 125 mph. It had previously reached Category 5 intensity over the Gulf of Mexico, peaking at 175 mph, before weakening …

Residents in some Philadelphia neighborhoods and surrounding counties were cleaning up Sunday from widespread damage caused by a line of severe, short thunderstorms that passed through. The storms, called microbursts, passed through Saturday afternoon, downing trees and power lines, flooding …

Clach Casualty Underwriting Managers, a part of Ryan Specialty Underwriting Managers, has launched an admitted general liability real estate program designed specifically for habitational properties within New York’s Free Trade Zone. “Placing complex New York habitational risks can be uniquely …

An upstate New York man has been accused of receiving more than 27,000 payments totaling more than $1.3 million from approximately 107 different class action lawsuit settlements between January 2022 and December 2025. According to court documents, the man admitted …

When two steel columns buckled this week inside the former Pfizer headquarters in midtown Manhattan, the scare prompted evacuations and halted work on one of the nation’s largest office-to-apartment conversions. It also highlighted the complex engineering behind adaptive reuse projects, …

New York City and the Northeast will see temperatures surge this week as another wave of sultry weather shifts across the eastern US and southern Canada. Temperatures are forecast to top 90F (32C), potentially peaking at 98F in Central Park …

Meta META.O said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion. The planned data center, known as Hyperion, was earlier …