Methven to Succeed Millaire as CyberCube CEO
CyberCube has named Chris Methven its new CEO, replacing Pascal Millaire, who has been the leader of the cyber risk modeling and analytics company since it has operated as a standalone company. Methven has been Cyber Cube’s chief growth officer …
People Moves: Verisk Names Kauderer President of Claims Solutions; Lang Joins CRC to Head Carrier Management
Verisk, headquartered in Jersey City, New Jersey, named Steven Kauderer president of its claims solutions business. He reports to Lee Shavel, president and CEO of Verisk. Most recently, Kauderer was a senior partner at EY-Parthenon, where he built and led …
Schwebach: Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again
Adam Schwebach, broker and head of property for North America at Gallagher Re, the global reinsurance broker, last week sat down for an interview with Insurance Journal. The discussion came on the heels of Gallagher Re’s annual Florida broker summit, …
Workers’ Compensation Insurer Beacon Mutual Dealing With Ransomware Attack
Rhode Island-based Beacon Mutual Insurance Co. has experienced a ransomware attack and is in the process of determining what information and persons may have been affected. The workers’ compensation insurer said it received an alert on January 14, 2026, regarding …
Colorado Funeral Home Owner Who Abused Corpses Gets 40 Years in Prison
A Colorado funeral home owner who stashed 189 decomposing bodies in a building over four years and gave grieving families fake ashes was sentenced to 40 years in state prison. During the sentencing hearing, family members told Judge Eric Bentley …
Chevron Buys West Texas Ranch in ‘Zombie’ Oil Well Settlement
Chevron Corp. acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude oil on the 22,000-acre property. The sale of Ashley Watt’s Antina Ranch …
Musk’s Underground Vegas Tunnels Scrutinized for Safety, Environmental Concerns
Elon Musk’s “Vegas Loop,” a network of underground tunnels to ferry passengers in Teslas, was under fresh scrutiny this week from Nevada lawmakers who raised concern about alleged workplace safety and environmental violations. Lawmakers spent hours grilling state safety officials …
Rising Fire Risk Prompts Utilities to Deliberately Cut Power
States in the U.S. West are grappling with an unusually warm, arid winter that is ramping up fire risk in some areas, driving utilities to take drastic precautions, including sometimes shutting off the power in a bid to keep their …
Man Convicted in Commercial Learner’s Permit Scam Using Bluetooth
A Massachusetts man was convicted last week in federal court in Boston for engaging in a scheme in which he provided an applicant with the answers to the state’s commercial drivers learner’s permit exam. Frank Castro was convicted of unlawful …
People Moves: Diessner Promoted to President of Kraus-Anderson Insurance; Alliant Adds Quitmeyer to Chicago Employee Benefits Group
Diessner Promoted to President of Kraus-Anderson Insurance Jonathan Diessner has been promoted to president of Kraus-Anderson Insurance, one of Minnesota’s largest privately held independent insurance agencies and a member of the Kraus-Anderson family of companies, providing construction, real estate, risk …
Fire at Pennsylvania Hospital Forces Evacuation of Dozens of Patients
A fire tore through a northeastern Pennsylvania hospital, sending smoke billowing into the air as dozens of patients were evacuated and emergency medical crews were rushed in from across the region, authorities said. No one was reported injured by the …
Freight Train Derails in Connecticut, Sending Cars Carrying Liquid Propane Into River
A freight train derailed Thursday in Connecticut, sending cars carrying flammable liquid propane into the water, though officials say they don’t appear to be leaking. Local and state officials said the derailment happened around 9 a.m. in Mansfield, near where …
LA Mayor Race Shaken by Wildfire Allegations
Billionaire Rick Caruso is sticking with his decision to stay out of the race for Los Angeles mayor, despite raising the prospect he would reconsider following a news report that Mayor Karen Bass asked to soften an after-action investigation into …
McGowan Allied Specialty Insurance Announces Sales Territory Realignment
McGowan Allied Specialty Insurance announced a strategic realignment of sales territories within its in-house team designed to enhance services, improve regional coverage, and ensure a more tailored experience for clients across the country. The Ohio-based company said that by reallocating …
Louisiana Agency to Pay $1.2M Refund for Illegal Overcharging on Surety Premiums
A Louisiana insurance agency has been ordered to pay $1.2 million in premium refunds for overcharging fraudulent fees on commercial surety bond policies. The Louisiana Department of Insurance announced that Alexander Ellsworth and his agency, Ellsworth Corporation, will pay a …
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Allstate posted significantly higher net and underwriting income for the fourth quarter and full year. With affordability top of mind, that leads to questions about excessive profits. Similar to Chubb’s earnings call, analysts asked Allstate CEO Tom Wilson to comment …
People Moves: NFP Appoints Spencer in Northeast; Lawley Promotes 3 Partners
NFP Appoints Spencer as SVP, Commercial Risk, Northeast NFP, an Aon company and property/casualty broker and benefits consultant headquartered in New York City, appointed Jack Spencer as senior vice president, commercial risk, in its Northeast region. Based in West Hartford, …
WTW Reports Q4 Organic Revenue Growth of 6%; Data Center Clients Boost Business
Insurance broker WTW reported fourth quarter revenue of $2.94 billion, a decrease of 3% compared to $3.04 billion for the same period in the prior year due to the sale of TRANZACT. Q4 2025 organic revenue growth was 6%, while …
Alabama, NC Public Safety Officers Investigated in ‘Chop Shop,’ Disability Fraud
Fraud investigations in two Southeastern states have led to the arrest or administrative leave for three public safety officers. In Alabama, two University of Alabama at Birmingham police officers have been placed on leave in connection with an investigation into …
Pipeline Explodes at Delfin LNG Planned Project in Louisiana
A natural gas pipeline connecting to the proposed Delfin LNG project located offshore in southwestern Louisiana exploded Tuesday, according to the local emergency preparedness office. The blast on the 28-mile pipeline occurred while operators were performing routine maintenance, said Ashley …
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