Latest News & Insights

Piracy Observer Says Somali Incidents Rising as Navies Stretched

The world’s top maritime piracy observer said incidents off the coast of Somalia are on the rise again after a pair of fresh attacks this week — as two major regional conflicts stretch naval forces in the area thin. Yemen’s …

Thousands in Indiana Still Without Power After Deadly Storms

Tens of thousands of people in northwest Indiana remained without power Wednesday, more than a week after deadly storms leveled trees and knocked down power lines across the region. Northern Indiana Public Service Co. said crews were working nonstop to …

Explosions at Ohio Recycling Plant Claim 2 Lives

Explosions rocked an Ohio industrial recycling business earlier this week, killing two workers and sparking a large fire, officials said. Flames and dark smoke poured from Brent Industries in Toledo on Tuesday as fire engines surrounded the building, TV news …

Hemp Industry Sues Texas Over THC Ban, Claiming State Monopoly

Several members of the hemp industry are filing an additional lawsuit against the state of Texas alleging the ban on nearly all hemp-derived THC products has led to massive job loss and has created a monopoly for the state’s medical …

Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat

Hawaii’s Big Island is preparing for another round of flooding rain, roughly a week after Storm Lala washed out roads and damaged parts of the electrical grid. Another five to 10 inches of rain are expected through the weekend, with …

People Moves: Alliant Adds George to Employee Benefits Group in Arkansas

Alliant Insurance Services has hired Rick George as First Vice President within its Employee Benefits Group. Based in Fayetteville, Arkansas, George will work with employers nationwide to develop employee benefits strategies that improve the employee experience, strengthen workplace culture, and …

Tesla Recalls 3 Million EVs in China Over Door Handle Safety

Tesla Inc. and at least eight other carmakers are recalling millions of cars in China over safety concerns with their door handles, a major step to address flaws that have led to vehicle entrapment and multiple fatalities. More than 4 …

Apollo Global Reveals Data Breach After Hackers Target Financial Firms

Asset manager Apollo Global Management suffered a data breach last month in which hackers stole some personal information, according to a letter on Friday. The New York-based firm was among dozens of prominent U.S. financial institutions and other businesses that …

Georgia Man Charged With Burglarizing Greg Biffle’s Home After Plane Crash

A Georgia man burglarized former NASCAR driver Greg Biffle’s home after learning Biffle and his family died in a plane crash, a North Carolina sheriff said Tuesday. Terrell Williams, 44, has been charged with second-degree burglary, safe cracking, money laundering …

Dutch Regulator Fines Uber $966M for Automating Driver Suspensions

The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters. …

Multistate Salmonella Infections Climb to 431, CDC Says

The U.S. Centers for Disease Control and Prevention said a salmonella outbreak linked to jalapeno peppers has infected 431 people across 32 states, up from 345 cases in 27 states reported earlier this month. U.S. health authorities are currently investigating …

Orion180 Files for IPO, Eyeing Home and Flood Insurance Market

Orion180 Insurance Group Inc. filed for a US initial public offering, as the company looks to carve out a bigger share of the fast-growing specialty homeowners and flood insurance market. The Melbourne, Florida-based insurer had net income of $13.5 million …

Teen Drops Lawsuit Against Meta, Google and Snap Ahead of Trial

A teen girl whose lawsuit was a test case in litigation accusing social media companies of deliberately addicting young people and fueling a mental health crisis dropped her claims against the owners of Instagram, Facebook, YouTube and Snapchat on Thursday, …

King Risk Partners Acquires The Roberts Agency in Connecticut

Florida-based King Risk Partners has acquired The Roberts Agency, Inc., an independent insurance agency based in Bloomfield, Connecticut. This acquisition strengthens King Risk Partners’ presence in Connecticut while expanding its construction insurance and surety bonding capabilities throughout the region. In …

Rhode Spill: Summer Heat Turns Truckload of Spilled Squid Into Unappetizing Mess

A tractor-trailer rollover sent a truckload of squid spilling onto a Rhode Island roadway, leaving a stench as they sat in the road for hours in the summer heat. Local authorities have dubbed it the “Squidpocalypse of ’26.” It was …

Former NFL QB Hasselbeck on Frontier: Diagnosing CTE Disease in the Living

Matt Hasselbeck took some nasty hits to the head during his 17-year NFL career, four years at Boston College and a childhood full of sports, but the quarterback seems to have emerged from more than two decades of collisions relatively …

Sydney Air Traffic Controllers Warn of Grave Safety Concerns

Air traffic controllers in Sydney have warned of “grave concerns” about flight safety because of new local airspace rules, the safety regulator said, just as the number of near misses and incidents at the airport mounts. The Australian Transport Safety …

Gallagher Re Launches Digital Risk Practice to Aid Tech Risk Management

Gallagher Re, the global reinsurance broking and advisory firm, announced the launch of its Digital Risk Practice, bringing together specialist expertise in AI liability, data centers, cyber, and digital risk engineering to help insurers and reinsurers understand, quantify, and manage …

S. Korean Ship to Test Arctic Route to Europe but Western Allies Concerned

South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian …

Australia’s Steadfast Agrees to $5.51B Buyout Bid by KKR-Backed Consortium

Australia’s Steadfast Group has agreed to a A$7.7 billion ($5.52 billion) buyout by a consortium backed by U.S. investment giant KKR, the insurance broker said on Friday. Under the deal, specialty insurance distributor Amwins Group will acquire Steadfast’s underwriting agency …

West Texas Oil Producers Pushing Power Demand ‘Through the Roof’

Oil and gas producers’ swelling power needs are hitting the West Texas region just as technology companies target the world’s most productive shale basin for data centers, sending electricity demand soaring. The top boss at Diamondback Energy Inc., one of …

Rates, Digital Support Boost Small Business Insurance Customer Satisfaction: JD Power

Small businesses’ overall satisfaction with small commercial insurers rose 15 points (to 713 on a 1,000-point scale), driven by improvements in digital support and rates, according to JD Power’s 2026 U.S. Small Commercial Insurance Study that surveyed 2900 customers earlier …

Abbott Agrees to $670 Million Settlement of Infant Formula Cases

Abbott said on Aug. 20 that it reached a $670 million settlement to partially resolve the ongoing litigation over alleged harms linked to its specialty formulas for preterm infants. The settlement was agreed to by three law firms representing about …

Viewpoint: If AI Compute Is an Investable Asset, AI Agency Must Become Insurable

NVIDIA has just made an argument that should matter far beyond the semiconductor industry. In a recent post, the company described AI-factory compute as an emerging investable infrastructure asset, supported by financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs …

Four Patients Affected, One Paralyzed, After Drug Mix-up at Nashville Hospital

Four patients were affected and one of them was paralyzed after a pre-surgery drug mix-up at a Nashville hospital, local news outlets reported. A 72-year-old woman, Glenda Dorton, reportedly received a spinal injection of potassium instead of anesthesia before her …

Romania Destroys Marine Drone Near Neptun Deep Gas Project: Minister

Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred meters from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday. The incident underscores the growing threat to critical energy infrastructure …

Legacy Consolidator Marco Capital to Buy Insurance Services Firm Pro Global

Marco Capital, the property/casualty legacy consolidator and parent of insurance services group PoloWorks, has entered into an agreement to acquire Pro Global, subject to regulatory approval. Financial details of the deal were not disclosed. The acquisition represents a significant milestone …

Texas Homeowners, Industry Collide Over Transmission Lines

Flashes of yellow were all around the Texas Capitol grounds on Wednesday as legislators gathered to consider two of the most controversial issues in Texas politics: data centers and transmission lines. The color — displayed on bandanas, pins, shirts and …

Louisiana Councilwoman Honored for Fortified Roof Gap Funding Program

Jefferson, Louisiana Parish Council Chairwoman Jennifer Van Vrancken was honored at the Louisiana Department of Insurance Annual Conference for initiating a gap fund program that helps residents secure funding to pay for Fortified roof improvements. Louisiana Insurance Commissioner Tim Temple …

Wisconsin Car Dealership Sued for Retaliation

Wisconsin car dealership Kenosha Nissan violated federal law when it retaliated against multiple employees for reporting racial harassment and fired one of them, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the suit, Kenosha …