The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency. Fars, citing an unnamed lawmaker, said the plan would …
Iran Is Drafting Law to Introduce Tolls for Hormuz Transit Read More »
While insurance broker valuations remained resilient in 2025, essentially staying near all‑time highs, the elephant in the room—Brown & Brown (NYSE: BRO)—has received little attention. From a valuation perspective, what happened with Brown & Brown? After the brokerage’s value surged …
Viewpoint: Insurance Broker Valuations – The Elephant in the Room Read More »
Verisk and the American Property Casualty Insurance Association released preliminary 2025 underwriting results for the property/casualty industry, with a $40 billion increase over the prior year. For private U.S. P/C insurers, the underwriting gain for 2025 was $63 million compared …
P/C Underwriting Income Up $40B in 2025, Says Verisk and APCIA Read More »
Domestic gas supply in several European cities contains high levels of benzene, an odorless substance that can cause cancer, according to research released on Wednesday. Gas samples taken in UK homes contained 37 times more benzene than North American gas, …
High Levels of Cancer-Causing Benzene in European Cooking Gas, Study Finds Read More »
Just over three years ago, Florida lawmakers effectively ended one-way attorney fees, disincentivizing much of the costly property insurance claims litigation that had plagued the industry. Last week, a Florida appeals court issued what it called a “sea change” and …
After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees Read More »
Investigators are probing the potential causes of Sunday’s collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said 39 of the 76 passengers and crew …
EXPLAINER-Can US Government Be Held Liable for LaGuardia Airport Collision? Read More »
Colorado workers’ compensation provider Pinnacol Assurance announced it will distribute a $15 million general dividend to its members in 2026. Pinnacol members can expect to receive dividend checks starting March 25. More than 46,000 members in the state will receive …
Pinnacol Assurance in Colorado Paying $15M Dividend for Colorado Members Read More »
ALKEME Insurance Appoints Stradling as Chief Financial Officer ALKEME Insurance named Ryan Stradling chief financial officer. Stradling has experience scaling organizations through execution, strategy and data-driven decision-making. Stradling has experience across the insurance, healthcare, and SaaS industries, where he has …
People Moves: ALKEME Names Stradling CFO; Machut and Quintero Join Alliant Read More »
The Trump administration said Monday it has initiated two new investigations into Harvard University over alleged antisemitism on campus and racially discriminatory admissions practices. The inquiries, launched by the Department of Education’s civil rights division, are the latest effort from …
Harvard Faces Pressure From Two New Trump Administration Probes Read More »
A Los Angeles jury on Wednesday found Meta and Alphabet’s Google negligent for designing social media platforms that are harmful to young people, in a $6 million verdict that will serve as a bellwether for numerous similar cases. The jury …
Meta, Google Lose Case Over Social Media Harm to Kids Read More »
