Liberty Mutual Says Safeco Brand Is Officially Retired
The Safeco Insurance brand has gone the way of the dodo bird. It’s now all Limu Emu, all the time. Liberty Mutual said on April 27 that it followed through with what it said about a year ago and officially …
Supreme Court Split Over Bayer’s Fight Against Roundup Lawsuits
The U.S. Supreme Court appeared divided on Monday over Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices heard arguments …
Maryland Top Court Nixes Baltimore’s $152 Million Opioid Public Nuisance Verdict
The city of Baltimore suffered a defeat in its efforts to address the opioid epidemic last week when the Maryland Supreme Court vacated a $152 million public nuisance verdict won by the city against drug distributors McKesson and AmerisourceBergen. The …
Midwest Braces for Severe Weather: Missouri, Illinois, and Indiana at High Risk
The Midwest is bracing for severe weather on Monday, including the threat of the excessive rainfall, hail damaging wind gusts and tornadoes. Missouri, Illinois and Indiana face the greatest risk of severe storms. Scattered large hail, flooding, severe and damaging …
People Moves: Beazley Taps Khera From AXA XL as Head of Marine
Beazley, the specialty insurer, has announced the appointment of Sundeep Khera as head of Marine, effective April 21, 2026. As part of the Marine, Accident & Political (MAP) Risks team, Khera will lead the Marine, Energy, Aviation and Space teams, …
Company Ordered to Compensate Worker Fired for Reporting Safety Concerns
The U.S. Department of Labor has ordered an inspection company to reinstate and compensate a terminated worker who reported safety concerns during installation of a natural gas pipeline in Watonga, Oklahoma. The department’s Occupational Safety and Health Administration investigated a …
With Lower Q1 Insured Losses, Re/insurers Well-Placed for More Costly Quarters Ahead
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, …
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners insurance availability across the state, explaining in a news release the move is due …
Supreme Court Hears Bayer’s Fight Against Roundup Lawsuits
The U.S. Supreme Court is set on Monday to consider Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices are …
The Hartford Q1 Net Income Up 36%
First quarter 2026 net income at The Hartford increased 36% to about $851 million as catastrophe losses during the period were half the amount of the same time a year ago. Pretax catastrophe losses for Q1 were about $230 million, …
Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown
A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …
Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot
A video clip of a Florida woman driving her elevated pickup truck over a Lamborghini sports car has gone viral, again raising the issue of elevated trucks’ blind spots leading to accidents and insurance claims. The woman in Lake Nona, …
AIG Completes CEO Succession Plan With Anderson to Take Reins
American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc’s executive committee, Anderson will succeed current AIG CEO Peter Zaffino, who …
King Bars Policy Cancellations in Georgia Counties as Fires Spread From Helene Debris
Georgia insurance commissioner John King used his statutory authority to bar property insurance policy cancellations until further notice, due to wildfires that have displaced homeowners across the state. King’s April 23 directive bars cancellations for nonpayment of premiums in 91 …
Hormuz Shipping Traffic Remains Muted With no US-Iran Deal in Sight, Data Shows
At least seven ships – mainly dry bulk vessels – have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent days, shipping data showed on Monday, while talks between Iran and the …
Iran War Disrupts the Circuit Board Supply Chain, Raises Costs for Tech Firms
The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives …
People Moves: HUB’s Drayer Joins Patriot Growth as Northeast President
Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, hired Andrew Drayer as regional president, Northeast. He succeeds Bill Donato, who previously held this role and now serves as president of retail insurance. Drayer brings experience across commercial insurance, operations, …
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights
Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights will be New …
Europe’s Markets Watchdog Warns Cyber Threats Are Growing as AI Speeds Up Risks
The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that are evolving quickly. Geopolitical tensions have …
General Atlantic-Backed Indian Insurer Acko Eyes Up to $2.5B Valuation in IPO: Sources
India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said. Backed by investors including General …
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