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Nancy Bewlay will become American International Group’s new global chief underwriting officer in the insurer’s latest development at top leadership. Bewlay, who was most recently group chief underwriting and pricing officer at AXA Group since 2023, will start her new …

Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), announced the launch of Adroit Underwriting Ltd., a Bermuda-based managing general agent that is focused on US small-and-medium enterprise (SME) casualty reinsurance. Adroit aims to provide disciplined, data-driven reinsurance …

Iran said a foreign container ship ran aground while sailing through the Strait of Hormuz via an “unauthorized” route, repeating its warning that vessels should only transit the waterway in coordination with the Islamic Republic. The state TV report didn’t …

Luigi Mangione’s federal trial in the killing of UnitedHealthcare CEO Brian Thompson will now begin in January instead of the fall, a judge said Monday at a hearing that started late because Mangione got stuck in a courthouse elevator. U.S. …

CRC Benefits, a division of CRC Group headquartered in Dallas, Texas, hired Karen Crotty as a benefits sales executive to lead a new Northeast-focused department serving brokers in New Jersey, New York, Pennsylvania, and Maryland markets. Hired specifically for this …

A passenger jet reported striking a drone while approaching JFK International Airport on Monday, and just hours later, a helicopter pilot alerted a close call with a remote-control airplane near the same airport. The Federal Aviation Administration is investigating the …

Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorization. The claimants, some of whom said they had …

Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as …

The board of directors of Big I Illinois named Brett Gerger CEO, effective July 1. Gerger, who has served as director of education and agency resources with Big I Illinois since 2019, succeeds Phil Lackman, who is retiring after 31 …

Ford Motor Co. took an unusually human approach to fixing its stubborn quality problems: It brought back what it calls “gray beard” engineers to help train younger staff and to reprogram the artificial intelligence tools that weren’t getting the job …

CIA Director John Ratcliffe vowed to step up the agency’s efforts to deploy artificial intelligence and quantum computing, stressing that rapid developments in emerging technologies are changing the nature of geopolitics. In rare public remarks on Tuesday, Ratcliffe promised to …

The 2026 hurricane season may turn out to be a quiet one, as predicted by long-range forecasts this year. But that only means that businesses should have more time to review and rehearse their emergency plans before the next storm …

The Salvation Army, headquartered in Virginia with a facility in Lynchburg, violated federal law when it discriminated against an employee with cancer by denying her a reasonable accommodation to seek treatment and causing her to resign, according to a lawsuit …

Airbnb must face a lawsuit by the city of Los Angeles, which accused the home rental company of price gouging during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday. Judge Robert Broadbelt of …

World Insurance Associates LLC reports that it acquired the business of Clarke Insurance Inc. of Mount Holly, New. Jersey on March 1, 2026. Clarke Insurance was founded in 1979. The agency provides auto, home, business and employee benefits insurance throughout …

California launched a tool designed to serve as an “early warning system” for widespread AI-driven job loss. The tool, called the California AI-Unemployment Tracker, links multiple measures of an occupation’s AI exposure to the state’s monthly unemployment insurance claims data …

Camp Mystic, the Texas girls camp where 28 people were killed in flash floods last summer, will use its bankruptcy case to resolve wrongful death claims filed against the family-owned company. “We acknowledge the pain and suffering and anguish,” caused …

A federal judge rejected Meta Platforms’ bid to dismiss a lawsuit by 29 U.S. state attorneys general accusing it of designing Facebook and Instagram to addict children and knowingly concealing the harm from the public. In a decision late on …

The U.S. House of Representatives has overwhelmingly passed legislation to extend the public-private partnership to insure terrorism risk though 2034. The TRIA Program Reauthorization Act of 2026 (HR 7128), sponsored by Mike Flood, R-Neb., passed by a vote of vote …

Cyberattacks are becoming an increasingly significant threat to small and medium enterprises (SMEs), yet insurance adoption remains disproportionately low, according to GlobalData, the London-based data and analytics company. Limited awareness of cyber risks, affordability challenges, and evolving threat landscapes continue …