Willis, a WTW business, said it has started a Global Digital Infrastructure Group to be led by Alastair Swift, head of Willis Global Specialties. The announcement comes on the heels of a newly unveiled data center risk management framework. The …
Willis Launches Global Digital Infrastructure Group for Data Center Risks Read More »
Cotality Appoints Former USAA CEO Peacock to Board Property information and analytics provider Cotality said it appointed former USAA chief executive Wayne Peacock as an independent member of its board, effective Feb. 18. Peacock spent 36 years with USAA, becoming …
Safety Insurance Group, Inc. reported that net income for the full year 2025 was $99.3 million compared to net income of $70.7 million for the 2024, a 40% increase. Net income for the quarter ended December 31, 2025 was $20.1 …
Safety Insurance Drove Up Net Income by 40% in 2025 Read More »
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG (Krose). Terms of the transaction were not disclosed. Founded in 1920, Krose provides commercial insurance and reinsurance solutions …
Arthur J. Gallagher & Co. Acquires German Broker Krose GmbH & Co. Read More »
A net zero alliance for asset managers has resurrected itself after shelving its work last year amid a wave of US defections. The Net Zero Asset Managers initiative now has more than 250 signatories, including Aberdeen Investments and Amundi SA, …
T. Rowe Among Signatories to Resurrected Net Zero Alliance Read More »
A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annual AI Adoption and Risk Survey, which …
Majority of Companies Worldwide See AI Benefits; Coverage Vague: Survey Read More »
French beauty group L’Oreal, British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb became the latest corporations to sue for refunds of tariffs paid under President Donald Trump’s emergency trade measures, days after the U.S. Supreme Court ruled …
L’Oreal, Dyson, Bausch + Lomb Become Latest to Sue for Trump Tariff Refunds Read More »
The Florida Cabinet and Gov. Ron DeSantis agreed Tuesday to give Hillsborough College a 22-acre (49-hectare) plot of state land in Tampa to use for a proposed ballpark for the Rays. Last month, the Rays ownership entered a memorandum of …
Florida Cabinet Approves Land Transfer for New Rays Stadium in Tampa Read More »
The American Equity Underwriters, one of the largest providers of workers’ compensation insurance for waterfront employees, has named Jason Lake senior vice president and director of loss control. Lake will succeed Jimmy Burgin, who plans to retire in July after …
People Moves: AEU Names Lake VP and Loss Control Director Read More »
The city of San Diego is paying $6 million to a group of insurers to compensate them for paying claims from floods in January 2024 floods. The city council granted final approval Tuesday to the settlement, part of a longer …
San Diego Approves $6M Settlement With Insurers for Flood Damage Read More »
