The deceased suspect in a mass shooting that left nine people dead in a small town in western Canada was named as 18-year-old Jesse Van Rootselaar, who was known to police. Officers found Van Rootselaar dead after the shooting on …

Workers’ compensation provider Summit is expanding its coverage offerings to Delaware and Pennsylvania. Summit-managed carriers Bridgefield Casualty Insurance Co., Bridgefield Employers Insurance Co., and Bridgefield Indemnity Insurance Co. received regulatory approval from the Delaware and the Pennsylvania insurance department to …

The Trump administration’s decision to overturn an Obama-era legal analysis underpinning greenhouse gas rules will sow confusion and add costs for businesses and investors alike, shareholder advocates and portfolio managers say. U.S. President Donald Trump, who has called climate change …

Digital MGA Honeycomb Insurance has begun writing policies in Oregon. The launch is Honeycomb’s 21st state in a national expansion. Honeycomb touts its rapid quoting for individual properties and that agents in states supported by Honeycomb can submit full schedules …

The Waldorf Astoria hotel on Manhattan’s Park Avenue is coming up for sale following an extensive renovation. Real estate investment bank Eastdil Secured is expected to bring the hotel to market on behalf of the hotel’s Chinese owners, according to …

Canopius, the international specialty and property/casualty re/insurer, has announced the creation of its consolidated Natural Resources team in response to market demand. The team encompasses energy, heavy industry and construction to better reflect how brokers in these classes allocate business. …

Thousands of people fled their homes in central Portugal after rising waters burst through the banks of the Mondego River, flooding roads, collapsing critical infrastructure and leaving vast areas of farmland under water. At least 3,000 people were evacuated in …

AXIAN Group, a pan-African conglomerate spanning telecommunications, energy, real estate, fintech and financial services, is expanding into insurance underwriting to tap the world’s least covered regions. The group, which generated $2.75 billion in revenue in 2024, has launched VIA Insurance …

A bus carrying an Iowa community college baseball team crashed and overturned in a ditch on Wednesday, Feb. 11, killing one person and injuring 32 others onboard. The crash involved a bus carrying Iowa Lakes Community College baseball team and …

Unison Risk Advisors announced the appointment of Nicole L. O’Sullivan as chief people officer. Based in Cleveland, Ohio, O’Sullivan will lead the firm’s human capital strategy, supporting talent, leadership, and culture initiatives across Unison’s growing platform. O’Sullivan joins Unison with …

Texas Attorney General Ken Paxton on Wednesday sued the company that owns Snapchat, accusing the social media organization of failing to adequately warn parents about inappropriate material on the platform and downplaying its addictiveness. The lawsuit alleges that Snapchat, a …

For a few hours on Wednesday, the sleepy airport of El Paso, Texas, became a sudden flashpoint for confusion. Late Tuesday night, the Federal Aviation Administration issued a terse notice to pilots that airspace in the area would close — …

Francisco Lindor, Carlos Correa, and Jose Altuve were left off their countries’ rosters for the World Baseball Classic over insurance coverage. Lindor and Correa were left off Puerto Rico roster. Altuve was not included in Venezuela’s roster because of insurance. …

US lawmakers agreed to advance an automotive safety bill that would require manual releases in new vehicles with electrically powered door handles, bringing the measure that could impact designs popularized by Tesla Inc. a step closer to becoming law. The …

BMW is recalling hundreds of thousands of cars due to a potential fire hazard, the German premium carmaker said on Wednesday. The global recall is affecting a mid-six-figure number of cars, a BMW spokesperson said. Newspaper Bild earlier reported on …

In Part 1 of this series, we examined how medical abuse extends far beyond excessive treatment, encompassing inflated billing, referral networks, misleading provider reports, and misuse of ancillary services. These behaviors can distort reserves, extend claim life cycles, and undermine …

China has officially charged AstraZeneca’s former regional head, Leon Wang, who was detained by authorities in the country more than a year ago in relation to probes into the drugmaker’s business. The company confirmed Wang’s indictment to Reuters on Wednesday, …

The island at the center of the artificial intelligence boom—and increasingly the global economy—lies on geological and geopolitical fault lines. Taiwan, the producer of most of the world’s advanced semiconductors, faces intensifying pressure from mainland China and growing uncertainty about …

Florida’s landmark 2022 and 2023 legislative changes have had a big impact on the state’s economy, thanks to lowered insurance costs that have freed up money for other investments and have attracted new companies to the state, says a report …

Mid-Hudson Co-Operative Insurance Co. in Montgomery, New York has signed a securities purchase agreement to acquire Hanover Fire Holdings, Inc. of King of Prussia, Pennsylvania. According to AM Best, the acquisition will be financed by $4.0 million in cash and …