Asahi Sales Drop Worsens as Cyber Hack Disruption Lingers
Asahi Group Holdings Ltd.’s November beer and other alcohol sales in Japan fell more than the previous month, underscoring the challenges the company faces in recovering from a cyberattack that crippled production and distribution. Asahi said on Wednesday monthly alcohol …
Japan’s Cyber Chief Warns Nation Still Behind on Cybersecurity
Japan still lags behind the US and Europe in defending against cyber threats and improvements are needed across the corporate sector, the nation’s new cyber chief said. “We have our intention to improve our capability, but it’s just started,” National …
Private Equity Firm Brookfield Targets Global Dominance in P/C Insurance Coverage
Brookfield Corp. plans to build its property and casualty insurance business as it looks to exploit a corner of the insurance industry in which the firm has a competitive edge and hasn’t been crowded by other private equity players. The …
Education Dept. Workers Targeted in Layoffs Return to Tackle Civil Rights Backlog
The Trump administration is bringing back dozens of Department of Education staffers who were slated to be laid off, saying their help is needed to tackle a mounting backlog of discrimination complaints from students and families. The staffers had been …
Florida OIR to Host its Own Insurance Summit in April With Regulators, Industry Leaders
The Florida Office of Insurance Regulation will host its own insurance summit in April, calling it a chance to hear from industry professionals and regulators, Insurance Commissioner Michael Yaworsky announced this week. The agenda for the April 14-15 summit in …
Lawsuit Seeks Changes to Disney Parks’ Disability Policies
Changes that Disney made to a popular program that lets qualifying disabled people skip long lines at its California and Florida theme parks are too restrictive, disabled fans contend in a federal lawsuit and shareholder proposal that seek to expand …
California Again Delays Wildfire Protection Rules for Homes
A California state agency won’t meet Gov. Gavin Newsom’s year-end deadline to finish long-delayed regulations to protect homes from wildfires, rules that experts say could have limited the destruction of the January Los Angeles firestorms. At a meeting of the …
Zillow Deleting Home Climate Risk Scores Reveals Limits of Flood, Fire Data
When Zillow Group Inc. removed climate risk scores from its home listings last month, following a complaint from the real estate industry, many observers took to the press and social media to warn that disappearing the data doesn’t get rid …
New York Workers’ Comp Board to Require Video for All Testifying in Virtual Hearings
Beginning February 2, 2026, all claimants and lay witnesses testifying in virtual hearings before the New York State Workers’ Compensation Board will be required to appear and testify by video with their faces fully visible on screen, and not just …
Strengthen Oklahoma Homes Grant Program Completes 100th Home
The Oklahoma Insurance Department (OID) announced the completion of the 100th home through its OKReady, Strengthen Oklahoma Homes (SOH) Program, a significant achievement in the state’s ongoing efforts to build stronger, safer, and more resilient communities and save homeowners money. …
Magnitude-7.0 Earthquake Hit Remote Area Along Alaska-Canada Border
A powerful, magnitude-7.0 earthquake struck in a remote area near the border between Alaska and the Canadian territory of Yukon on Saturday. There was no tsunami warning, and officials said there were no immediate reports of damage or injury. The …
Allianz, Oaktree Set Up Reinsurance Syndicate on Lloyd’s Market
Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the latest example of a private capital firm pushing into the non-life sector. The vehicle, named “Syndicate 1890,” will begin underwriting …
Trump to Issue Order Creating National AI Rule
President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary to override disparate laws passed by U.S. …
People Moves: Westfield Appoints Scholz as Enterprise CIO; Mosaic Hires Warty to Lead FinPro Lines for Americas Expansion
Westfield Appoints Scholz as Enterprise CIO Westfield, a U.S.-based property and casualty insurance company headquartered in Westfield Center, Ohio, appointed Lloyd Scholz as enterprise chief information officer (CIO). Reporting directly to CEO and Board Chair Ed Largent, Scholz’s responsibilities include …
Missouri Contractor Charged in Alleged Bathroom Remodeling Scam
Missouri Attorney General Catherine Hanaway announced that her office has filed felony charges against James G. Bennett, operating as Bath Planet, for allegedly defrauding consumers by accepting payments for bathroom remodeling services he never completed. Bennett faces 10 counts of …
People Moves: BMB Names Martinez to Surety Team
Bowen, Miclette & Britt Insurance Agency, LLC has continued the expansion of its Surety team with the addition of John Anthony Martinez, who brings nearly 20 years of experience in contract and commercial surety, bonding strategy, and risk advisory services. …
People Moves: Aon Names Norman as Senior Broker in Global ReSpecialty Property Team; AHJ Miller Taps Carpenter’s Ehrencrona as Head of Nordic Fac
This edition of International People Moves details appointments at the brokers Aon plc and AHJ Miller. A summary of these new hires follows here. Aon Names Norman as Senior Broker in its Global ReSpecialty Property Team Insurance broker Aon plc …
Afore Acquires Virginia’s Resolve Insurance Group
Afore Insurance Services said it has acquired Resolve Insurance Group, an independent insurance agency headquartered in Virginia Beach, Virginia that is known for its marine insurance specialty. Resolve will become part of Afore’s Mid-Atlantic region, operating under the leadership of …
Waymo Issues Recall After Illegal Passing of School Buses in Texas
Waymo said Friday it would issue a recall for its self-driving vehicles after Texas officials said the Alphabet GOOGL.Ounit’s vehicles had illegally passed school buses at least 19 times in recorded incidents since the start of the school year. The …
Federal Funding Shortage Delays Progress on ‘Ike Dike’ Project in Texas Gulf Coast
The district charged with overseeing the construction of a massive set of gates across the mouth of Galveston Bay — known as the “Ike Dike” — announced last week that it has approved contracts with two global engineering firms to …