The Texas Department of Insurance, Division of Workers’ Compensation announced leadership staff changes. DWC is launching a new program area, AI Innovation and Integration, focused on the responsible, mission-driven use of artificial intelligence to modernize processes and reduce administrative burdens, …

Shepherd Insurance announced that Matt Kleymeyer has joined the firm as the President of Employee Benefits, further strengthening the organization’s commitment to delivering innovative employee benefits solutions and exceptional client service. Based out of Shepherd’s headquarters in Carmel, Indiana, Kleymeyer …

A 5.0 magnitude earthquake rocked the Texas Panhandle early Thursday morning, one of the strongest recorded in Texas. Effects from the earthquake were felt throughout the rural region and as far as southern Oklahoma and New Mexico. According to the …

The cyclosporiasis outbreak that’s sickened thousands of people in the US is spreading further, as federal health officials linked four more states to tainted iceberg lettuce imported from Mexico. The US Centers for Disease Control and Prevention tied Illinois, Kansas, …

Prudential Financial Inc. said it reimbursed 437 individuals about a total of 2.85 billion yen ($17.4 million) as part of remediation efforts following a regulatory probe into employee misconduct at its Japan business. In addition to the 498 individuals who …

Mortgage rates in the US, already the highest in almost a year, rose for a third week, squeezing affordability as home price growth accelerates. The average for a 30-year, fixed loan climbed to 6.58% from 6.55% a week earlier, Freddie …

Tesla this week expanded its robotaxi service to Orlando and Tampa, as the electric-vehicle maker races to prove that it can scale its autonomous ride-hailing business beyond its initial launch markets. The move comes a day before Tesla reports second-quarter …

Odyssey Group Holdings, Inc., based in Stamford, Connecticut, made several leadership changes at its U.S. insurance subsidiary, Hudson Insurance Group, based in New York City. After more than 20 years with the company, Chris Gallagher will retire from Hudson, effective …

A married couple from New Bedford, Massachusetts was sentenced yesterday for a scheme to defraud at least 50 individuals or insurance providers seeking insurance coverage through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B. Foley, a …

Spanish insurer Mapfre said on Thursday that losses from the June 24 earthquakes in Venezuela would be up to €25 million ($28.5 million), after its first-half net profit grew 9.4% despite storm-related claims in Spain and Portugal and negative currency …

Munich Re reported second-quarter proft that exceeded analyst estimates on “very low” major-loss expenditures in its property-casualty reinsurance business. Net income amounted to about €2.2 billion ($2.5 billion) in the three months through June, the Munich-based reinsurer said in a …

The United States and more than a dozen allied nations said on Thursday that Russian hackers stole emails from users of the Zimbra email program without having to fool them into opening an attachment or clicking a link. The trick, …

U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed “major military punishment” for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second …

The twin earthquakes that hit Venezuela last month may have caused $19.6 billion in physical damage to buildings and infrastructure, or about 18% of gross domestic product, according to a preliminary assessment by the World Bank. Almost half of the …

Moscow warned that it is unsafe to navigate in its Black Sea waters after Ukraine has been ramping up attacks on Russia-linked ships in the area. The warning was addressed to all vessels in Russia’s exclusive economic zone in the …

Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms also agreed to enter a …

Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm, fuzzy feeling you get when you have great coverage at a great price. Liberty Mutual first introduced the phrase “Liberty …

For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their …

A Florida teen dropped his lawsuit on Wednesday against Meta Platforms META.O, canceling a Los Angeles trial over claims the social media company’s apps caused his depression and anxiety. The trial, which had been slated to begin on Monday, was …

California workers’ compensation premium growth leveled off as rates stabilize, but rising cumulative trauma claims continue to drive claim frequency higher, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its 2026 State of the System …