Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge Group, a leading Italian insurance broking platform. Financial …

Democratic Gov. Katie Hobbs toured the destruction left by a wildfire along the Grand Canyon’s North Rim, on Saturday, surveying what she described as devastating damage. The governor, who has called for an investigation into how the blaze was handled, …

Changes to the taxes paid by litigation investors did not make it in the final version of the expansive One Big Beautiful Bill, but the issue of third-party litigating funding continues to have the attention of at least some lawmakers …

North Carolina’s residual property insurance association is expanding its roof-grant program by $20 million, offering $6,000 to policyholders who upgrade their roofs to the more wind-resistant FORTIFIED standard. “In May, we launched the Strengthen Your Roof program, which invested $20 …

Severe storms are triggering flooding in parts of Europe following weeks of extreme heat, while temperatures on the Italian island of Sicily climb to 44C (111F). A powerful low-pressure system delivered heavy precipitation as it moved east into central Europe …

The insurer for the actor Justin Baldoni and other executives at his movie studio Wayfarer says its policies do not cover actress Blake Lively’s allegations of sexual harassment during the filming of the movie “It Ends With Us.” Wayfarer and …

Hackers exploited a security flaw in common Microsoft Corp. software to breach governments, businesses and other organizations across the globe and steal sensitive information, according to officials and cybersecurity researchers. Microsoft over the weekend released a patch for the vulnerability …

This edition of International People Moves details appointments at Willis and Aspen Insurance Holdings. A summary of these new hires follows here. Willis Launches Residential Real Estate Team, Led by Palmer, Grainger Willis, a WTW business, announced the launch of …

Hewlett Packard Enterprise Co. lost around £730 million ($985 million) after it bought Mike Lynch’s firm Autonomy Corp., a London judge ruled less than a year after the British tech tycoon drowned when his yacht sank in a storm off …

British business leaders are putting a brake on their plans to combat climate change and do not believe the government’s approach to net zero is compatible with growth, a survey of 1,000 executives showed on Tuesday. Both large companies and …

Philippine authorities suspended government work and classes in the capital region and dozens of provinces for a third day on Wednesday, warning of continued strong rains that killed at least six people and forced thousands in flooded areas to evacuate. …

Britain plans to ban public sector bodies and operators of critical national infrastructure, including the state-run health service, local councils and schools, from paying ransom demands to cyber criminals, it said on Tuesday. The country has been the victim of …

Camp Mystic was the totemic rite of passage for girls from establishment families in the American South: Lyndon Johnson sent his daughters there, Laura Bush worked there as a counselor years before becoming First Lady, and its alumni include the …

Novatae Risk Group (Novatae), headquartered in Dallas, Texas, named Anju Arora to the newly created role of vice president of data, business intelligence and innovation. Arora will spearhead Novatae’s data-driven transformation, overseeing business intelligence, analytics and innovation programs. Arora has …

Cincinnati Specialty Underwriters said in a complaint last week that it has no duty to defend or indemnify a Kansas City sports promotion group facing an underlying lawsuit over a mass shooting at a 2024 Super Bowl parade. CSU said …

Louisiana last week canceled a $3 billion repair of disappearing Gulf coastline, funded by the 2010 Deepwater Horizon oil spill settlement, scrapping what conservationists called an urgent response to climate change but Gov. Jeff Landry viewed as a threat to …

President Donald Trump is allowing chemical makers, coal-fired power plants and other facilities to bypass a range of environmental regulations on grounds that the waivers are needed for national security purposes. The plants, which also include taconite iron ore processing …

The Richardson’s ground squirrel weighs less than a pound, is about a foot long and is native to the northern Plains. The little creature also is a ferocious tunneler, and it’s exasperating the people of Minot, North Dakota, where it’s …

W. R. Berkley Corporation, headquartered in Greenwich, Connecticut, named Shadi Albert as president of Vela Insurance Services. He succeeds Arthur G. Davis, who will assume the role of chairman of the business. The appointments are effective immediately. Albert joined Berkley …

The Georgia General Assembly made no statutory changes to the Workers Compensation Act in 2025. However, effective July 1, 2025, the Georgia State Board of Workers’ Compensation (SBWC) has introduced several important updates to its rules. These changes include clarifications, …