The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires and floods, not large …
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says Read More »
An election to determine whether workers unionize an electric vehicle battery manufacturing complex in Kentucky was in limbo due to a few dozen disputed ballots that could swing the outcome. The United Auto Workers claimed it secured a narrow victory …
Disputed Ballots Could Swing Union Vote Outcome at EV Battery Plant in Kentucky Read More »
Seen from the air, a Florida freshwater spring is a bit of liquid heaven, luring humans and wildlife to enjoy its aquamarine cool. With at least 1,000 of them — more than any other state — the springs serve as …
Florida’s Once-Pristine Springs Threatened by Pollution, Development, Climate Read More »
Massive walls of dust and debris called haboobs that roll through the U.S. Southwest can be awe-inspiring and terrifying, especially for motorists caught in their path. Thunderstorms spawn the phenomenon and can create a wall of dust thousands of feet …
What to Know About Massive Dust Storms Called Haboobs in Southwest Read More »
A plane carrying European Commission President Ursula von der Leyen was disrupted by what authorities suspect was Russian signals interference in Bulgaria. Authorities in Bulgaria have determined that the GPS jamming incident, which affected the plane’s navigation system as it …
EU Chief’s Plane Affected by Alleged Russian GPS Jamming Read More »
AvonRisk, a national provider of risk management, claims administration, and managed care services, announced today that it has acquired AS&G Claims Administration, Inc., and Care Logic, Inc., a Houston, Texas-based third-party administrator specializing in workers’ compensation, auto liability, general liability, …
AvonRisk Acquires Texas’ AS&G Claims Administration and Care Logic Read More »
Nestle has fired its CEO Laurent Freixe after just one year in the job after an investigation into an undisclosed “romantic relationship,” ousting its second CEO in a year and throwing the Swiss food giant into its deepest leadership chaos …
Nestle Plunged Into Turmoil as CEO Fired Over Undisclosed Relationship Read More »
White Mountains Insurance Group said today that its Board of Directors unanimously promoted Liam Caffrey as chief executive officer, effective January 1, 2026. Caffrey will succeed CEO Manning Rountree, who will retire at the end of the year. Caffrey currently …
People Moves: Caffrey to Become CEO of White Mountains in 2026 Read More »
Willis, a business of WTW, has launched the first specialty bloodstock insurance solution with Equine MediRecord to make the purchasing of bloodstock insurance more accessible and efficient for horse owners and trainers in the UK. Willis have signed a deal …
Markets/Coverages: Willis Launches Specialty Bloodstock Insurance Solution in UK Read More »
The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of a deadly crash, arguing that their lawyers had misled the jury by improperly bringing up the billionaire during the trial. …
Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury Read More »
