The Risky Future Summit starts today! Register now.

News

Crews Protect Homes as California Wildfire Burns Near Yosemite

A destructive wildfire near Yosemite National Park burned out of control through tinder-dry forest on Sunday and had grown into one of California’s biggest blazes of the year, forcing thousands of residents to flee remote mountain communities. Some 2,000 firefighters …

Australia on High Alert for Foot-and-Mouth Disease in Its Cattle Herds

Australia is on high alert for foot-and-mouth disease in its cattle herds after traces of the virus were found on imported animal products. The disease is already ripping through Indonesia, and is creeping ever closer to paddocks Down Under, where …

FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market

When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it. But in …

Lawsuit: Chicago Police Misused Gunshot Detection Technology in Murder Case

A federal lawsuit filed last Thursday alleges Chicago police misused “unreliable” gunshot detection technology and failed to pursue other leads in investigating a grandfather from the city’s South Side who was charged with killing a neighbor. Chicago prosecutors used audio …

Four Years After Hurricane Michael, Florida City Rebuilding, Recovering

MEXICO BEACH, Fla. — Standing on the deck of the new Driftwood Inn, 31/2 years after Hurricane Michael obliterated the old one, Tom Wood spoke of the months after the storm. One of his daughters had urged him and his …

HSB (UK and Ireland) Creates Commercial Division to Streamline Service

HSB (UK and Ireland) announced the formation of a new Commercial Division, creating closer alignment between its business development, underwriting and claims teams. The division, headed by Terry Dyson, who has been appointed Commercial Director, will focus on delivering a …

Connecticut Law Focuses on Teens Charged With Repeat Motor Vehicle Thefts

Connecticut has updated its criminal justice laws to speed up law enforcement’s responses when young people are charged with repeated motor vehicle theft and other crimes. Gov. Ned Lamont has signed the bipartisan law (Public Act 22-115) that supporters hope …

People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires

This edition of International People Moves details appointments at AXA XL and Aon. A summary of these new hires follows here. AXA XL Names Ensurance’s Burgess as Sr. U/W, Construction, UK & Lloyd’s AXA XL Insurance announced it has appointed …

BMS Re Acquires Mexican Surety Reinsurance Broker Calomex

BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS Re. The terms of the transaction were not disclosed. Established in 1996, Calomex delivers reinsurance solutions to Mexican surety providers, …

Fidelis to Launch New MGU That Writes More Than $3 Billion of GWP

Fidelis Insurance Holdings Ltd. announced its intention to create a new managing general underwriter, which, subject to regulatory approval, will be separated from its existing balance sheet insurance companies. This new structure will allow each entity (Fidelis MGU and Fidelis …

News Archives by Month