3 months 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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3 months 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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3 months 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 …
3 months 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” …
3 months 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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3 months 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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3 months 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 …
3 months 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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3 months 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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3 months 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, …
3 months 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. …
3 months 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 …
3 months 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 …
3 months 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 …
3 months ago
A Florida House subcommittee this week approved a bill that would mandate human involvement in property insurance claims denials, a sign of the times as insurers employ more artificial intelligence on multiple fronts. House Bill 527 is sponsored by state …
3 months ago
InvestSM, an educational nonprofit administered by the Independent Insurance Agents & Brokers of America (Big I) announced that Nicole Carter, vice president of personal lines sales, strategic distribution and agent experience at Grange Insurance, has joined the Invest board of …
3 months ago
The company that makes one of the two most widely used brands of formula for premature babies is threatening to stop. That is, unless US health officials and Congress help protect it from lawsuits related to infant deaths allegedly tied …
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3 months ago
A Gadsden County, Florida, jury awarded $779 million, believed to be a record for the county near Tallahassee, to the family of a security guard who was killed at what was called an illegal internet gambling café in 2023. Ben …
3 months ago
Bankrupt subprime auto dealer Tricolor Holdings is preparing to sue the company’s founder for allegedly masterminding a massive fraud that led to the company’s collapse into bankruptcy, according to a court filing. Daniel Chu is already facing probes by the …
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3 months ago
Louisiana Insurance Commissioner Tim Temple approved SureChoice Underwriters Reciprocal Exchange and Elevate Reciprocal Exchange’s requests for a 7.5% average rate decrease on the carriers’ more than 73,000 homeowners policyholders and 17,000-plus dwelling policyholders. Related: Why Reciprocal Insurance Exchanges Are Back …