6 Firefighters Injured Battling Fire in 3-Story Building in New Jersey
Six firefighters suffered minor injuries in a blaze Thursday that partially collapsed a three-story building in a New Jersey neighborhood, authorities said. The fire in Jersey City, which started at about 1:30 a.m., also spread to nearby buildings, displacing some …
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward’s list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight years—RLI Corp. In addition, there were three newcomers to …
Workers Reach Safety After Collapse Inside LA Industrial Tunnel
All 31 construction workers who were far inside a huge industrial tunnel in Los Angeles made it to safety after a portion of it collapsed Wednesday evening, an outcome officials called a blessing after they initially feared much worse. The …
Markets/Coverages: Descartes Insurance Expands Into Credit & Political Risk
Descartes Insurance, the Paris-based risk-carrying subsidiary of parametric-insurer Descartes, has expanded its offering to corporate clients and public institutions to include credit and political risk insurance (CPRI). To support its expansion into this new class of business, Descartes has hired …
Husband and Wife Sentenced for $20 Million Insurance Fraud Scheme
A Maryland husband and wife have been sentenced to 12 years in prison and four years in prison, respectively, after their convictions for a $20 million scheme to commit insurance fraud. In addition to their prison sentences, a judge for …
People Moves: QBE Re Names Senior Leaders Across Markets, Product Areas as Part of Restructuring; Liberty Global Transaction Solutions Appoints Leaders in London, Europe
This edition of International People Moves details appointments at QBE Re and Liberty Global Transaction Solutions. A summary of these new hires follows here. QBE Re Names Senior Leaders Across Markets, Product Areas as Part of Restructuring QBE Re has …
AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market
Augmented UW Ltd., the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA was founded by Chief Executive Officer Daniel Prince, a leading executive in the London insurance market, who was formerly CEO …
Extreme Weather Could Cause 5% Drop in Euro Zone GDP, Bank Watchdogs Find
Extreme weather events such as heatwaves, flooding and wildfires could wipe as much off euro zone GDP in the next five years as the global financial crisis or the COVID-19 pandemic, a senior European Central Bank official said on Wednesday. …
Northeast Cities Ranked Riskiest in National Allstate Driving Report
The five U.S. cities with the riskiest drivers are all located in the Northeast, according to Allstate’s 2025 America’s Best Drivers Report. The insurer listed Boston as the city where drivers were most likely to experience a collision, followed by …
Texas Agencies Missed Opportunities to Fund Flood Warning System
Over the last decade, an array of Texas state and local agencies missed opportunities to fund a flood warning system intended to avert a disaster like the one that killed dozens of young campers and scores of others in Kerr …
Low Water Still Hindering Rhine River Shipping in Germany After Rainfall
Low water levels following a drought and heatwave in western Europe continue to hinder shipping through the Rhine river in Germany, commodity traders said on Wednesday, with rain in past days generating only a moderate rise in water levels. Low …
M&S Says April Cyberattack Caused by Third-Party Impersonation
The cyberattack that derailed Marks & Spencer Group Plc’s operations for weeks was the result of a “sophisticated impersonation” of one of the retailer’s third-party users, according to Chairman Archie Norman. The hackers entered M&S’s systems on April 17 and …
Qantas Says Passenger Addresses, Meal Choices Among Stolen Data
Qantas Airways Ltd. said personal information belonging to 5.7 million customers, ranging from names and addresses to phone numbers and meal preferences, were stolen in last week’s cyberattack, as the fallout from the latest airline security breach becomes clearer. The …
Corps Revises Pearl River Flood Study in Mississippi, Sets New Comment Period
The U.S. Army Corps of Engineers has released a revised study on potential flood controls for the part of the Pearl River that runs along Jackson, narrowing its focus to two proposals, and only one of them would resemble the …
People Moves: Tennessee Names New Insurance Examinations Director
The Tennessee Department of Commerce and Insurance announced promotions to key insurance regulatory, emergency services and management roles. Bryant Cummings, with 23 years at the department, was named director of insurance examinations, TDCI said in a statement. He will lead …
Former California Insurance Agent Sentenced for $3.7M Fine Art Policy Scam
A former California insurance agent was sentenced to 50 months in federal prison for defrauding a lender out of $3.7 million with bogus applications for fine art insurance policies. Tonja Van Roy, 59, of Las Vegas, but who formerly operated …
When a Disabled Employee Who Undermines Process of Accommodation Is Fired
A hospital lab employee who was fired for refusing to be vaccinated against COVID-19 has lost her claim that she suffered discrimination because her employer failed to accommodate her disability under the Americans with Disabilities Act (ADA). The Fourth Circuit …
People Moves: Lawley Names 4 Professionals to Northeast Offices
Insurance agency Lawley, headquartered in Buffalo, New York, named several new professionals across the agency. Anto Almasian is a new surety executive in the Buffalo office. He has expertise in managing a diverse portfolio of clients and an understanding of …
Washington Insurance Commissioner Recovered $100M for Consumers Over 2 Years
The Washington Office of the Insurance Commissioner reported it recovered more than $100 million for consumers during a two-year period. The Office of the Insurance Commissioner’s Consumer Advocacy Program closed out the biennium from 2023 to 2025 with a reported …
Texas Counties Have Little Power to Stop Building in Flood-Prone Areas
Camp Mystic, the private summer camp that now symbolizes the deadly Central Texas floods, sat on a tract of land known to be at high risk for a devastating flood. Nearly 1.3 million Texas homes are similarly situated in parts …

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