Floods that damaged hydropower dams in Nepal and destroyed the main bridge connecting the country to China show the vulnerability of infrastructure and need for smart rebuilding in a region bearing the brunt of a warming planet, experts say. The …
Frequent Disasters Expose Climate Risks to Infrastructure in South Asia Read More »
French firefighters spent a third day tackling the country’s worst wildfire in more than seven decades, hoping to bring it under control by Friday as lower wind speeds reduce the intensity of the blaze.After starting on Tuesday, the fire in …
French Firefighters Battle to Control Worst Blaze Since 1949 Read More »
NFP, an Aon company and leading international insurance brokerage and consulting firm, announced it has acquired Bspoke Insurance Group, a platform of multi-class niche and specialist managing general agents. Headquartered in Leeds, West Yorkshire in England with subsidiary offices in …
Aon’s NFP Acquires UK MGA Platform, Bspoke Insurance Group Read More »
Insurance Services of New England (ISNE), headquartered in Wellesley, Massachusetts, named Mike Chamberlain as the new manager of membership and sales. With close to two decades of experience working with independent agents, Chamberlain previously held positions at The Hanover and …
People Moves: ISNE Names Chamberlain to Succeed Ruhl Read More »
Hackers have stolen login credentials from thousands of people working with the UK’s National Health Service, putting the organization at risk of further cyberattacks, according to researchers. The data theft is linked to a kind of malicious software known as …
Hackers Steal Passwords From UK’s NHS With Sneaky Malware Tool Read More »
When it comes to systemic cyber risks, cybersecurity experts rated Internet of Things (IoT) devices and large language models (LLMs) as the most immediate emerging risk areas of concern. That finding came from a recent CyberCube and Munich Re survey …
Cybersecurity Pros Say IoT, Large Language Models Are Risk Areas of Concern Read More »
Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former policyholders. The corporation’s quarterly 10Q filing with the …
Progressive Could Soon Breach Excess Profits in Florida Auto, Triggering Refunds Read More »
A federal judge says Rhode Island’s gun permit system, which requires residents to show “a need” to openly carry a firearm throughout the state, does not violate the Second Amendment. In a ruling handed down Friday, U.S. District Judge William …
Federal Judge Upholds Rhode Island’s Gun Permit System for Open Carry Read More »
An Idaho man pleaded guilty to one count of felony insurance fraud in connection with a workers’ compensation claim following an investigation led by the DOI’s Fraud Investigation Unit that showed he illegally collected benefits. Mark Chafin, of Post Falls, …
Idaho Man Pleads Guilty to Felony Workers’ Comp Fraud Read More »
Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North America commercial, International commercial, and global personal—recorded $170 million in catastrophe-related charges in Q2 2025, compared with $330 million for …
AIG General Insurance Underwriting Income Up 46% in Q2 Read More »
