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The U.S. military carried out a “precision” strike on a vessel in the Gulf of Oman that failed to follow its instructions and was carrying oil from Iran, it said, while India said three Indian seafarers were missing after the …

W.R. Berkley Corp. said that on June 9 its founder and executive chairman William R. Berkley died at the age of 80. William R. Berkley founded the Greenwich, Connecticut-based commercial property/casualty insurer in 1967, building it into a Fortune 500 …

Australian insurance broker Steadfast Group Ltd. received an indicative offer from US specialty insurance distributor Amwins Group Inc., and private equity firm Dragoneer Investment Group LLC, that sent its shares surging by a record 36%. The conditional, non-binding cash offer …

UK Prime Minister Keir Starmer and leaders in Northern Ireland condemned anti-migrant violence that broke out in Belfast on Tuesday, following a knife attack believed to have been committed by a refugee of Sudanese descent. A number of vehicles were …

The US and Iran exchanged strikes overnight, jolting their two-month-old truce and endangering talks aimed at securing lasting peace in the Middle East. President Donald Trump said he retaliated against the Islamic Republic for shooting down an American Apache helicopter …

As the UK moves from a record-hot May into an unseasonably wet June, the risk of flooding is being exacerbated by a proliferation of paved gardens, according to the country’s flood insurer of last resort. The trend — often a …

Stellantis is recalling more than 1.3 million Jeep SUVs and trucks worldwide over fire concerns and is urging owners to park outside and away from structures or other vehicles until a fix is completed. In a filing with the National …

Nashville residents will likely remember the massive fire—one year ago today—that destroyed the downtown library’s parking garage, totaled dozens of vehicles, and left the library closed for months. Travelers Excess & Surplus Lines, which had provided a multimillion-dollar policy for …

A federal arson trial began this week for the man accused of sparking last year’s deadly Palisades Fire as the area struggles to rebuild and the aftermath reverberates through the Los Angeles mayor’s race. Jonathan Rinderknecht, 29, appeared in court …

Inszone Insurance Services acquired Professional Insurance Strategies LLC in Arizona. Founded in 2006 by Gary Hanson, Professional Insurance Strategies was built to serve complex, niche industries. The firm specializes in the construction and public transportation sectors. Sacramento, California-based Inszone is …

Officials from the U.S. Customs and Border Protection agency head to a federal trade court on Tuesday to try to find a way to refund tens of billions of dollars of tariffs that were collected and later deemed illegal by …

Texas heat can be relentless. For much of the year, farmers and ranchers were preparing for a tough summer of drought. As of Monday, nearly 50% of the state was experiencing some level of drought conditions according to the U.S. …

Israel struck the historic port city of Tyre in southern Lebanon on Tuesday, killing at least eight people, in an escalation that adds strain to efforts to broker a peace deal to end the wider Middle East war. On Monday, …

Texas Gov. Greg Abbott expressed concern last week that a new factory isn’t expected to start breeding sterile New World screwworm flies for more than a year as a big part of the effort to stop its flesh-eating larvae from …

NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, announced the acquisition of certain assets of Signature Personal Insurance, LLC (SPI), a Greater Kansas City, Kansas-based independent personal lines agency specializing in high-net-worth clients. Roper …

Applied Partners LLC was sentenced to pay a $500,000 fine and complete a two-year term of probation for the company’s illegal handling of regulated asbestos containing material (RACM) at a site in Saginaw, Michigan. The company had previously pleaded guilty …

This edition of International People Moves details appointments at the broker Miller Bermuda and Lloyd’s insurer Tokio Marine Kiln (TMK). A summary of these new hires follows here. Miller Bermuda Taps Stubbings From McGill and Partners as Chairman Miller, the …

Total workers’ compensation costs per claim in Pennsylvania are high relative to other states included in a recent study from the Workers Compensation Research Institute (WCRI). The study found that after declining from 2020 to 2022, total costs per claim …

China-linked hackers posed the biggest espionage threat to technology companies over the past year, CrowdStrike, a cybersecurity firm, said in a report published on June 9, amid surging investment in artificial intelligence. The hacking campaigns align with the Chinese government’s …

People across south Florida reported feeling a 6.1-magnitude earthquake centered off the western tip of Cuba on Monday, a reminder that the region may have more than hurricane losses to think about. No injuries or damage were reported, but residents …