Two Georgia men, denied bond, are in jail awaiting court action after they were charged with possessing a large amount of homemade explosive devices. The Georgia Office of Insurance Commissioner and State Fire Marshal’s Office, along with the Floyd County …
Two Georgia Men Denied Bond After Charged With Large Cache of Homemade Bombs Read More »
South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in the event of anticipated future …
South African State Insurer Builds $1.1 Billion Riot Buffer Read More »
A very powerful magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away as French Polynesia and Chile, and was followed by an eruption of the most active volcano on the peninsula. The …
Huge Quake Rocks Russia’s Far East, Triggering Tsunami Warnings Around Pacific Read More »
Brown & Brown (BRO.N) posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses and individuals pull back in …
Brown & Brown’s Profit Climbs on Fee and Commission Growth Read More »
Prolonged wind events that unleash heavy rainfall and travel far distances sometimes qualify as derechos. Derechos can happen almost anywhere in the United States but are most common in the central and eastern regions of the country. Winds typically gust …
Derechos: An Uncommon And Destructive Weather Event Read More »
Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. Palo Alto will pay CyberArk investors $45 per share and 2.2005 shares of Palo Alto stock, according …
Palo Alto Networks Reaches $25 Billion Deal for CyberArk Read More »
The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking to exploit flaws in Microsoft Corp.’s SharePoint software. “Attackers did attempt to access Fermilab’s SharePoint …
Fermi National Accelerator Laboratory Hit in Cyberattack Targeting SharePoint Read More »
Insurance agency mergers and acquisitions during the second quarter 2025 were up 11% over the prior quarter, but M&A activity for the first half of the year is down 8% compared to last year, according to investment banking and financial …
‘New Normal’ Sets in as Pace of Insurance Agency M&A Becomes Clear Read More »
India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved simulators and a poor rostering system, according to a government report seen by Reuters. The …
Air India Audit Finds 51 Safety Lapses, From Unapproved Simulators to Training Gaps Read More »
The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the Texas Automobile Insurance Plan Association (TAIPA), the state’s residual market for auto insurance. Private passenger …
Texas Auto Insurer for Residual Market Approved for Rate Increase Read More »
