A helicopter chartered to film boats in the waters near Miami crashed Wednesday, Nov. 4, killing the pilot and injuring two others. The Miami-Sheriff’s Office said the helicopter made a mayday distress call about 11:30 a.m., shortly after it took …

Allianz Commercial announced plans to launch a new direct underwriting syndicate at Lloyd’s — Allianz Commercial Syndicate 1893 — which is expected to begin trading from Jan. 1, 2027. The new syndicate will give Allianz Commercial greater access to specialty, …

The union representing about 250 security workers at the U.S.’s biggest seaports agreed to extend a contract negotiation deadline until midnight Friday, their employers said. With the extension comes a renewed strike threat that could impact operations at several terminals …

French riot police fired tear gas and charged a group of protesters in the French city of Lyon on Thursday as demonstrations took place across the country in a renewed challenge to President Emmanuel Macron after weeks of unrest. Some …

SAN Group Names von Jess Chief Operating Officer SAN Group, headquartered in Hampton, New Hampshire, appointed Tom von Jess as chief operating officer. With more than 20 years of experience in insurance, benefits, partnerships, and multistate distribution, von Jess will …

Commercial property insurer FM announced a $5 million gift from the FM Foundation to United Way of Rhode Island,. The gift is the largest single corporate donation in the nonprofit organization’s history. The donation comes as the state’s United Way …

Insurance startup Kalepa on Oct. 5 said it raised $75 million at a $470 million valuation, as investors bet that AI solutions can speed up the slow, data-heavy work of pricing risk and writing policies. Growth equity firm Updata Partners …

Pennsylvania health officials on Wednesday reported the state’s sixth measles-associated death this year as the outbreak continued to spread. The state has emerged as the epicenter of the outbreak, accounting for a substantial share of infections reported nationwide. The state …

Aon plc, the re/insurance broker, announced the successful renewal of the Aon Client Treaty (ACT) facility. From Jan. 1, 2027, the facility will enable 35% co-insurance on eligible business placed through Aon’s Global Broking Centre and on facultative reinsurance placed …

From hacked supermarket fridges and a record cryptocurrency theft at Binance to an emergency over flaws in widely used web software, companies worldwide are facing a wave of cyber threats executives say AI is accelerating and making more sophisticated. The …

European airlines suffered a second wave of bomb threats on Thursday that indiscriminately targeted companies from low-cost operator Wizz Air Holdings Plc to Finnish flag carrier Finnair Oyj, throwing air travel into disarray across a region already grappling with a …

Storms, high winds, fire hazards and equipment failure are many of the typical risks involved with the solar power industry. For the Dagda solar farm in rural Latvia, there’s now another one: drones. The owner of the farm, Sunly, has …

In one form or another during periods of some kind of marketplace softening, public insurance companies will insist underwriting discipline is being maintained. The insurer, they will say, won’t chase rate. For AIG, that means stepping back from guidance it …

A Florida appeals court has blocked, at least for now, a lower court’s order that would have required the release of financial records that Heritage Property & Casualty Insurance and two other carriers have said are trade secrets protected by …

Lockheed Martin has agreed to pay nearly $30 million to settle claims by President Donald Trump’s administration that the defense contractor discriminated against white workers through its workplace diversity, equity and inclusion (DEI) policies, according to two federal agencies. The …

A chaotic climate phenomenon is intensifying heavy rains and floods in the Southwest, experts say. A natural warming cycle called El Niño is sizzling Pacific Ocean waters, leaking moisture into the air that can fuel passing storms. Such El Niño …

Kenji Swepson joined global insurer Allianz Commercial as the west zone distribution leader and wholesale strategic relationship leader. Based in Los Angeles, Swepson reports to John Gambale, chief distribution officer, Americas, and is responsible for driving client and broker relationships …

A Kuna, Idaho, man was sentenced to a stint in jail and probation for insurance fraud involving a claim for a whitewater raft that he did not own. Justin Moss filed a claim for more than $17,000 from Progressive Insurance …

EPIC Insurance Brokers & Consultants acquired E. Broox Randall & Sons Inc. in Los Angeles. The acquisition expands EPIC’s Private Client practice and commercial insurance operations in Southern California. Randall Insurance was founded in 1922 by E. Broox Randall and …

The Connecticut Insurance Department has approved decreases in workers’ compensation rates for employers starting January 1, 2027. The voluntary market loss costs will decrease -4.9% overall, while assigned risk plan rates will go down -5.8% overall. The changes reflect the …