FEMA Denies Maryland Disaster Aid Request for Western Counties Hit by May Floods
The Trump Administration has denied Maryland’s request for federal disaster aid for damage caused by severe storms and flooding on May 13 and 14 in Allegany and Garrett Counties in the western part of the state. Gov. Wes Moore said …
California Department of Insurance Completes Final Review of Wildfire Model
The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in assessing wildfire risk in property insurance …
Kentucky DOI Posts Rules on Wind-Mitigation Grant Program
The Kentucky Department of Insurance has posted new rules on the Strengthen Kentucky Homes wind-mitigation grant program, in keeping with statutes approved in 2024. The regulations spell out eligibility requirements for homeowners, grant procedures, reinspection procedures, and eligibility requirements for …
People Moves: Pharmacists Mutual Appoints Mosher to Board of Directors
Pharmacists Mutual Insurance Company announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and industry understanding that will be instrumental in guiding …
People Moves: Alliant Names Beach as SVP Within Employee Benefits Team
Alliant Insurance Services named Stephanie Beach, ASA, MAAA, as Senior Vice President within its employee benefits group, based in Austin, Texas. With more than 25 years of experience advising mid- to large-sized employers, Beach brings extensive expertise in designing and …
Wildfires in Mediterranean Leave a Dozen Dead as Heat Soars
Wildfires fueled by soaring temperatures and strong winds across the eastern Mediterranean left a dozen people dead in Turkey and Cyprus. Ten forest workers and search and rescue volunteers were killed in Turkey’s Eskisehir province and 14 others were hospitalized …
Brown & Brown (Europe) Agrees to Acquire UK-Based Bloodstock Broker
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the transaction, which has …
People Moves: Everest Promotes Beggs as EVP and Reinsurance CEO; Allianz Commercial Appoints Key Global and Regional Leaders, Creating New Nordics Region
This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd., the Bermuda-based property, casualty, and specialty …
Microsoft Says Some SharePoint Server Hackers Now Using Ransomware
A cyber-espionage campaign centered on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis and threat intelligence,” Microsoft said a group it dubs …
Video Shows Florida Deputies Punching Man. Was He Reaching for Knife?
A video showing Florida deputies punching and dragging a Black man from his car during a traffic stop has sparked nationwide outrage, with civil rights lawyers accusing authorities of fabricating their arrest report. The footage shows that William McNeil Jr., …
MS Amlin Names Former Brit CUO Dart as CEO, Succeeding Carrier
MS Amlin, the Lloyd’s global re/insurer, announced the appointment of Christiern Dart as chief executive officer (CEO). Dart, previously group chief underwriting officer (CUO) at Brit, will take up the role in January 2026, subject to regulatory approval. Dart succeeds …
Smoking or Oxygen Machine Eyed as Possible Causes of Assisted Living Home Fire
A fire that killed 10 people at a Massachusetts assisted-living facility was unintentionally caused by either someone smoking or an electrical issue with an oxygen machine, investigators said Tuesday. The state’s deadliest blaze in more than four decades has highlighted …
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage business of Marsh McLennan. The …
Chinese Engines, Shipped as ‘Cooling Units,’ Power Russian Drones Used in Ukraine
Chinese-made engines are being covertly shipped via front companies to a state-owned drone manufacturer in Russia, labeled as “industrial refrigeration units” to avoid detection in the wake of Western sanctions, according to three European security officials and documents reviewed by …
Top UN Court Says Treaties Compel Wealthy Nations to Curb Global Warming
The United Nations’ highest court on Wednesday told wealthy countries they must comply with their international commitments to curb pollution or risk having to pay compensation to nations hard hit by climate change. In an opinion hailed by small island …
Congressman Jim Jordan Deposed in Ohio State Sex Abuse Case
Republican U.S. Rep. Jim Jordan was among those questioned under oath this month about the sexual abuse of Ohio State University athletes decades ago by a team doctor, according to a court filing. Jordan’s deposition Friday came in a federal …
Call of Duty Maker Argues First Amendment Protection in Uvalde Shooting Lawsuit
A lawyer for the maker of the video game Call of Duty argued last week that a judge should dismiss a lawsuit brought by families of the victims of the Robb Elementary School attack in Uvalde, Texas, saying the contents …
Long-Standing Problems Led Up to Deadly Texas Floods, Lawmakers Told
No minimum qualifications for local emergency management coordinators. No easy way to know if local officials are getting weather warnings. Difficulty getting all first responders on the same radio communication channel. And the bodies of flood victims from the same …
Fewer Insureds Shopping, More Switching, Says JD Power
Shopping slowed, but switching endures. That’s according to a recent report from J.D. Power, assessing insureds’ shopping habits for auto, home and renters’ insurance in Q2 2025. Overall shopping declined this quarter after setting a record high for auto shopping …
Some Large Accounts Start Seeing Chubb’s Back as it Focuses on Middle, Small
The global middle market and small commercial is where it’s at for Chubb, according to its CEO. “The pattern of growth and opportunity continues,” Evan G. Greenberg said on a call with analysts to discuss Q2 earnings. “It’s where we’re …