Willis, a WTW business, said it has started a Global Digital Infrastructure Group to be led by Alastair Swift, head of Willis Global Specialties. The announcement comes on the heels of a newly unveiled data center risk management framework. The …

Cotality Appoints Former USAA CEO Peacock to Board Property information and analytics provider Cotality said it appointed former USAA chief executive Wayne Peacock as an independent member of its board, effective Feb. 18. Peacock spent 36 years with USAA, becoming …

Safety Insurance Group, Inc. reported that net income for the full year 2025 was $99.3 million compared to net income of $70.7 million for the 2024, a 40% increase. Net income for the quarter ended December 31, 2025 was $20.1 …

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG (Krose). Terms of the transaction were not disclosed. Founded in 1920, Krose provides commercial insurance and reinsurance solutions …

A net zero alliance for asset managers has resurrected itself after shelving its work last year amid a wave of US defections. The Net Zero Asset Managers initiative now has more than 250 signatories, including Aberdeen Investments and Amundi SA, …

A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annual AI Adoption and Risk Survey, which …

French beauty group L’Oreal, British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb became the latest corporations to sue for refunds of tariffs paid under President Donald Trump’s emergency trade measures, days after the U.S. Supreme Court ruled …

The Florida Cabinet and Gov. Ron DeSantis agreed Tuesday to give Hillsborough College a 22-acre (49-hectare) plot of state land in Tampa to use for a proposed ballpark for the Rays. Last month, the Rays ownership entered a memorandum of …

The American Equity Underwriters, one of the largest providers of workers’ compensation insurance for waterfront employees, has named Jason Lake senior vice president and director of loss control. Lake will succeed Jimmy Burgin, who plans to retire in July after …

The city of San Diego is paying $6 million to a group of insurers to compensate them for paying claims from floods in January 2024 floods. The city council granted final approval Tuesday to the settlement, part of a longer …

After a massive sewage spill in the Potomac River outside Washington, DC attracted the ire of President Donald Trump, federal officials are taking on a larger role in the disaster response — a job that could last months. The spill …

A federal judge has dismissed a lawsuit filed by New York City’s former interim police commissioner that accused the previous mayor, Eric Adams, and his top deputies of operating the New York Police Department (NYPD) as a “criminal enterprise.” The …

Delos Insurance Solutions made several promotions and appointments within its leadership team Co-founder Shanna McIntyre will move from chief data officer to become chief strategy officer, and Andrew Notohamiprodjo was promoted from head of data to chief data officer. Valencia …

A former insurance agent has been charged with pocketing more than $100,000 of premiums. Andre De Gazon, 56, of Bellflower, was arraigned this week in Orange County Superior Court on multiple felony counts of grand theft and embezzlement after allegedly …

Quebec’s Desjardins Group wants to expand further in the rest of Canada, its top executive said, an ambition that means it needs to make deals and add staff in wealth management and capital markets. The financial co-operative is flush: it …

A federal judge this week granted Marsh its request to prohibit a group of employees who left for Howden US from using its confidential information, soliciting other former employees, and trying to acquire current and prospective Marsh clients. An opinion …

College workers stricken with cancer should seek remedy through the workers’ compensation system, and injured students can bring negligence lawsuits, not claims that their constitutional rights have been violated, attorneys for North Carolina State University said in asking a court …

Two days before New York’s biggest snowstorm in a decade began, forecasters were still unsure how much snow would fall. One traditional US model had consistently predicted a major hit, while newer artificial intelligence systems weren’t so certain. The long-running …

German reinsurer Munich Re announced plans to return €5.3 billion ($6.3 billion) to shareholders through a new buyback program and a higher dividend. The firm aims to repurchase as much as €2.25 billion of its stock, according to a statement …

Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing wholesale and retail brokers to price parametric flood covers in minutes Designed specifically for the U.S. market, Liberty’s pricing engine …