Miller, the London-based specialist re/insurance broker, announced it has agreed to acquire AHJ Holdings Ltd., the ultimate parent company of Alwen Hough Johnson Ltd. and AHJ Europe AS. The acquisition is expected to close in Q2 2025, subject to normal …
Miller Agrees to Acquire AHJ Holdings Read More »
A proposed class action accusing Microsoft’s LinkedIn of violating the privacy of millions of Premium customers by disclosing their private messages to train generative artificial intelligence models has been dismissed. The plaintiff Alessandro De La Torre on Thursday filed a …
LinkedIn Lawsuit Over Use of Customer Data for AI Models Is Dismissed Read More »
Net income at The Hartford increased 11% to $848 million in the fourth quarter 2024, driven by premium growth in commercial and personal lines. Net income attributable to shareholders went up 24% for the year to $3.1 billion. Property/casualty net …
The Hartford Sees Q4 Net Income Rise 11%, Strengthens GL Reserves Read More »
Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating regional and specialty insurers. As previously reported by Insurance Journal, …
Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating Read More »
Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said. Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a new potential …
Amid Clean up From LA Wildfires, Some Residents Furious Over Hazardous Waste Read More »
The New York State Department of Motor Vehicles said it helped consumers recover more than $11 million in stolen vehicles, stolen parts, services and lost titles, in 2024. According to the DMV, it recovered 303 stolen vehicles — valued at …
New York Recovers $11 Million in Stolen Cars and Parts, Lost Titles Read More »
U.S. commercial pilot Rick Redfern was preparing to land at Reagan Washington National Airport about a decade ago when he spotted a bright red Coast Guard helicopter hovering about 50 feet (15 m) above the Potomac River. Air traffic control …
Near-Misses at Washington Airport Worried Pilots Long Before Fatal Crash Read More »
Australian officials urged residents in the northeastern city of Townsville and adjacent areas to evacuate as torrential rains raised the risk of a flood disaster in the area. Some parts of the north in Queensland state have had more than …
Australia Urges Residents in Northeast to Evacuate on Flood Risk Read More »
As governments grapple with what to do about DeepSeek, China’s hot new AI model — including outright bans — the UK is issuing a warning to its citizens and business: be careful. “Ultimately it is a personal choice for people, …
UK Warns DeepSeek Users of Data Risks But Won’t Yet Ban It Read More »
RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfires—and anticipates that industrywide impacts should halt the drop in property-catastrophe reinsurance prices observed at 1/1. Kevin O’Donnell, president and chief executive officer, referencing an industrywide …
Property-Catastrophe Reinsurance Rates Will Stop Dropping Post-Wildfires: Execs Read More »
