Specialist Risk Group (SRG), the London-based insurance intermediary, announced it will acquire the assets of Ecclesia Group in The Netherlands and Belgium – a move that will see seven businesses and 700 new colleagues across the two countries join SRG. …

Ki, the Lloyd’s digital follow platform, announced it completed the separation from its parent company, Fairfax Group, becoming a standalone subsidiary on Jan. 1, 2025. Ki was created in 2020 and started writing business through its Syndicate 1618 in 2021. …

According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and American Family Insurance topped a list of 10 insurers ranked by average rate change. The analysis published by S&P Global …

The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch Ratings commentary. Insured losses …

New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives small businesses more than a half-billion …

In the moment when her world shattered three years ago, Stephanie Mistre found her 15-year-old daughter, Marie, lifeless in the bedroom where she died by suicide. “I went from light to darkness in a fraction of a second,” Mistre said, …

Following a dramatic last-minute settlement in court, Prince Harry has again been victorious in his mission to take on the UK’s tabloid press. Rupert Murdoch’s News Group Newspapers (NGN) – publishers of the Sun as well as the now defunct …

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” Geoeconomics refers to the intersection of geopolitical forces and economic policies. The report highlights …

Hurricane-strength winds battered Ireland and the UK early Friday morning, leaving thousands of homes and businesses without power and disrupting transportation across the region. Winter Storm Éowyn brought record gusts of 183 kilometers (114 miles) per hour in Galway in …

U.S. health agencies including the CDC this week canceled meetings with external groups, paused some public health publications and told employees to freeze travel after directives from the Department of Health and Human Services, two sources familiar with the situation …

Major League Baseball has ordered its employees to return to the office five days a week, according to people familiar with the matter. The league had been on a hybrid policy since the pandemic. The change will go into effect …

A man fatally shot a Georgia fire battalion chief and wounded the driver of a car that hit a deer in rural Alabama, authorities said. The Coweta County, Georgia, fire department is mourning the death of James Bartholomew Cauthen, 54, …

Sugarcane crops in Louisiana and Florida, the only two states producing sugar from cane in the United States, could be hurt by the cold snap in the area, while citrus farms seemed to have mostly been spared, experts said on …

Johnson & Johnson is balking at paying $30 million in punitive damages on top of a $15 million jury award to a Connecticut man who developed cancer after using the company’s talcum powder for decades. The company has labeled the …

A construction contractor could have prevented the death of a worker at the Cutler Majestic Theater in Boston by following required fall protection measures, a federal investigation has found. Responding to a referral from Boston Police last August 9, Occupational …

The MEMIC Group, headquartered in Portland, Maine, promoted Matt Holbrook to vice president of data and analytics. Holbrook, who is based in Maine, joined MEMIC in 1996 and most recently served as senior director of data, analytics and technology. In …

The California Insurance Wholesalers Association made transitions within its executive board and named new additions to its board of directors. The changes to the CIWA board are: Yana Connors of Ck Specialty was appointed president, transitioning from her previous role …

Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin caused a widespread opioid addiction crisis in the U.S., several state attorneys general said Thursday. …

President Donald Trump’s executive orders against “illegal” diversity, equity and inclusion policies have left corporations and their lawyers struggling to grasp exactly what that means. Trump on Tuesday ordered federal contractors to affirm they don’t “engage in illegal discrimination, including …

California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles wildfire survivors. Lara’s order is designed to help speed the recovery process for wildfire survivors affected by several fires in …