A federal judge on Tuesday rejected Elon Musk’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. U.S. District Judge Sparkle Sooknanan in Washington, …

Hub International Limited (HUB), headquartered in Chicago, Illinois, named Andrea Baldrica as chief sales officer of U.S. Employee Benefits. Baldrica will be responsible for driving HUB’s national employee benefits sales strategy and comprehensive growth across its employee benefits services. Baldrica …

The American Property Casualty Insurance Association testified on Capitol Hill Jan. 3 in support of the Fix Our Forests Act. The legislation, led by Reps. Bruce Westerman, R-Ariz., and Scott Peters, D-Calif., was passed by the House following the January …

It’s probably too late for 2026 legislative session, but by this time next year, a newly formed Florida group hopes it will be well on its way toward a new set of laws that will help Florida become a powerhouse …

New Jersey Governor Mikie Sherrill said she will be nominate Susan Ochs, a financial services and economic policy expert, as Commissioner of the Department of Banking and Insurance (DOBI). Ochs served as a senior advisor to the head of the …

Insurer Chubb booked fourth quarter net income 24.7% higher than a year ago at about $3.2 billion. Results included record P/C underwriting income of $2.2 billion, up nearly 40% over the same period in 2024. The P/C combined ratio was …

This edition of International People Moves details appointments at Marsh, Tokio Marine Kiln (TMK), and Everest Group. A summary of these new hires follows here. Marsh Names Quest as UK CEO, Succeeding Lay Insurance broker Marsh announced the appointment of …

Plaintiffs claiming punitive damages in lawsuits must meet a high bar, a Florida appeals court found in overturning a trial court’s decision in a fatal accident involving an online car-sharing platform. Turo Inc., a firm that connects renters with automobile …

Allianz Commercial announced it is relocating its Chicago office to a newly designed workspace at 155 North Wacker Drive, located in the city’s Financial District. The new office spans nearly 28,000 square feet and was designed to support the company’s …

Specialty Program Group, a specialty platform headquartered in Chicago, is consolidating its transportation businesses under a single platform: SPG Transportation. Avant Brokerage, Avant Underwriters, BizCHOICE Transportation and MOVER’S CHOICE will now operate as a unified platform – SPG Transportation. SPG …

A McDonald’s franchisee in Oklahoma has settled a federal lawsuit alleging a teenage worker was sexually harassed by a male supervisor. Arch Fellow North, LLC, owner and operator of eight McDonald’s restaurants in eastern Oklahoma, will pay $80,000 and provide …

Texas’ environmental regulator last week issued the largest air pollution permit in the country to an enormous planned complex of gas power plants and data centers near the oilfields of the Permian Basin, according to an announcement from the project’s …

A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponsored …

The U.S. Coast Guard’s Northeast Division is investigating the sinking of the commercial fishing vessel Lily Jean off the Massachusetts coast and subsequent loss of seven lives last week. At 6:50 a.m., on January 30, the Coast Guard responded to …

A cluster of earthquakes in the San Francisco Bay Area early Monday including a magnitude 4.2 temblor was felt by thousands. The United States Geological Survey reported more than two dozen different quakes. The largest was a M4.2 east of …

Rokstone Agriculture, part of the International Speciality (Re)Insurance MGA Rokstone, has announced the launch of its new U.S. non-admitted Commercial Agriculture and Farm & Ranch Property Program. Available in all U.S. states, except Alaska and Hawaii, and excluding wind is …

Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, announced it has entered into a definitive agreement to acquire CP Insurance Associates, a Texas-based insurance services agency specializing in lender-placed insurance, investor …

Cannabis is here to stay in Texas, lawmakers and industry leaders said last week, as efforts to ban consumable hemp are losing steam. However, figuring out how to regulate the market remains a glaring problem that lawmakers will likely address …

First Mid Insurance Group (FMIG) announce its acquisition of Downs Insurance Agency in Decatur, Illinois. The transaction closed on January 12, 2026. The acquisition supports FMIG’s continued growth strategy across central Illinois and expands its presence in the Decatur market. …

Zurich Insurance Group AG disclosed a 1.5% stake in Beazley Plc, about two weeks after the UK specialty insurer rejected the industry giant’s latest takeover approach. The Swiss company now holds about 8.87 million shares of the London-listed firm, or …