A pressurized oxygen chamber exploded Friday, killing a 5-year-old patient and injuring his mother at a suburban Detroit medical facility. The hyperbaric chamber explosion occurred about 8 a.m. at the Oxford Center in Troy, north of Detroit. The child, from …

TXSE Group Inc., parent company of the proposed Texas Stock Exchange, closed its initial fundraising round at $161 million and said the TXSE has filed for registration as a bourse with the US Securities and Exchange Commission. If the registration …

Louisiana parish officials who threatened to arrest and imprison an environmental activist as she attempted to speak during a public meeting did not violate her right to freedom of speech, a unanimous civil jury ruled Wednesday. Joy Banner had sought …

A group of victims of the New Orleans New Year’s Day terror attack have filed suit against city officials and contractors, saying they failed to protect revelers from a “preventable” truck ramming incident that killed 14 people and injured dozens. …

The city of Minneapolis has agreed to pay $600,000 to settle a lawsuit by a woman who alleged that ex-Officer Derek Chauvin hauled her from her minivan and pinned her to the ground with his knee in January 2020, just …

Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd. Terms of the transaction were not disclosed. W K Webster specializes in marine and transit claims …

Miller, the London-based specialist re/insurance broker, announced it has agreed to acquire AHJ Holdings Ltd., the ultimate parent company of Alwen Hough Johnson Ltd. and AHJ Europe AS. The acquisition is expected to close in Q2 2025, subject to normal …

A proposed class action accusing Microsoft’s LinkedIn of violating the privacy of millions of Premium customers by disclosing their private messages to train generative artificial intelligence models has been dismissed. The plaintiff Alessandro De La Torre on Thursday filed a …

Net income at The Hartford increased 11% to $848 million in the fourth quarter 2024, driven by premium growth in commercial and personal lines. Net income attributable to shareholders went up 24% for the year to $3.1 billion. Property/casualty net …

Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating regional and specialty insurers. As previously reported by Insurance Journal, …

Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said. Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a new potential …

The New York State Department of Motor Vehicles said it helped consumers recover more than $11 million in stolen vehicles, stolen parts, services and lost titles, in 2024. According to the DMV, it recovered 303 stolen vehicles — valued at …

U.S. commercial pilot Rick Redfern was preparing to land at Reagan Washington National Airport about a decade ago when he spotted a bright red Coast Guard helicopter hovering about 50 feet (15 m) above the Potomac River. Air traffic control …

Australian officials urged residents in the northeastern city of Townsville and adjacent areas to evacuate as torrential rains raised the risk of a flood disaster in the area. Some parts of the north in Queensland state have had more than …

Inszone Insurance Services announced the acquisition of Texas Classic Insurance Agency, Inc. This transaction further strengthens Inszone’s foothold in Texas and enhances its capabilities in the personal lines insurance market. Founded in 1991, Texas Classic Insurance Agency has served clients …

Willis said it has hired veteran leader Pat Donnelly as head of risk & broking (R&B) in North America. Donnelly had been president, Marsh specialty and global placement – a position he held since the middle of 2023 when he …

Norfolk Southern’s solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D.C. — has the CEO feeling optimistic about 2025. The railroad, based in Atlanta, earned $733 million, …

One of the country’s largest blood donor and research centers has suffered a ransomware attack. The New York Blood Center (NYBC) said that on Sunday, January 26, it identified “suspicious activity” affecting its IT systems. Third-party cybersecurity experts investigated and …

Just as quickly as the bird flu is spreading, the virus is changing. Nearly three years ago, a flock of pheasants in Erath County became the first case of the bird flu in Texas. Since then, the bird flu has …

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the members of RLI Group (RLI). In addition, …