Ames & Gough, headquartered in Washington, D.C., appointed Tracy Benson, Christine Gibboni and Baynard Stanchina as assistant vice presidents in the firm’s Washington, D.C. office. All three executives specialize in serving the risk management and insurance needs of Ames & …

Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade war. The counter-tariffs …

At five o’clock on the morning of August 24, 1992, Hurricane Andrew came ashore near Homestead, Florida, as a Category 5 storm. It was one of only four hurricanes known to have struck the continental United States at Category 5 …

For more than a year, a 31-year-old Fort Lauderdale gas station attendant was able to defraud Progressive Insurance of more than $44,700 before the insurer and state authorities caught up with him, according to an arrest affidavit. The scheme worked …

Insurance broker Willis Towers Watson (WTW) is accusing rival Lockton Companies and 18 former employees of WTW’s Northeast construction insurance team of engineering a “smash and grab” operation that began on August 19. On that day, 18 members of WTW’s …

A U.S. bankruptcy judge on Monday rejected auto parts maker First Brands’ proposal to pay back creditors by pursuing litigation against insiders, instead converting the case to a more straightforward Chapter 7 liquidation. U.S. Bankruptcy Judge Christopher Lopez said that …

Crews have started to contain a wildfire in the Sierra Nevada foothills near Reno, Nevada, that destroyed more than 30 homes as it spread perilously close to dense neighborhoods, officials said Monday. Containment reached 27% and there was no new …

The National Council on Compensation Insurance is recommending a 7.4% average rate decrease for workers’ compensation insurance, voluntary market, in Florida. If approved by state regulators, it would mark the 10th straight year of decreases, in line with most U.S. …

Australian miner Fortescue Ltd. has suspended an executive over sexual harassment allegations, and engaged law firm MinterEllison to conduct an independent investigation into the matter. The incident is being treated “extremely seriously” and the employee is being stood down while …

Chinese hackers are ramping up attacks after integrating DeepSeek and other open-source artificial intelligence models into their operations, highlighting attackers’ ability to leverage basic AI tools to hit targets abroad. State-affiliated cyber groups more than doubled the amount of attacks …

Even as Europe’s heat wave finally breaks, money managers say they’re still coming to terms with how climate change will affect their portfolios. Pictet Asset Management’s Katie Self says her firm has been fielding calls from clients about the risks …

New Zealand’s insurance industry is failing to consistently meet the needs of Māori, with affordability barriers and difficulties insuring collectively owned land leaving them less likely to have cover, according to a study by the market watchdog. The Financial Markets …

Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a preferred takeover target after reviewing several potential options, the Financial Times reported on Tuesday, citing people familiar with the matter. Tokio Marine reviewed several takeover targets over the past …

OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March. OpenRoad launched two years ago. The latest states added to OpenRoad …

So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least …

A preschool’s insurance carrier is partly obligated to defend a child abuse negligence suit, despite alleged criminal acts. And an employer’s share of attorney fees must be deducted from the amount available from subrogation—not from the full settlement amount in …

Harvard Medical School says it agreed to pay $53 million to settle class action lawsuits by relatives of body donors whose remains were sold on the black market by its former morgue manager. Harvard Medical School Deans George Q. Daley …

A federal judge has approved a $117.5 million data breach settlement against Comcast Cable Communications. The agreement represents one of the largest data breach settlement amounts and, with 31.7 million potential members, one of the largest classes in a data …

Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border …

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Kinsale Insurance Company (Kinsale) based in Little Rock, Arkansas. The outlook of …