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INSURANCE NEWS
FDA Sued for Allowing Unauthorized Vaping Products
A coalition of public health organizations, pediatricians and parents sued the U.S. Food and Drug Administration on July 14, challenging a new policy that allow some manufacturers to sell vapes and nicotine without the legally required license. The lawsuit, filed …
UK Steps Closer to Creating ‘Internationally Competitive’ Captive Market
The UK has lagged behind many of its insurance market competitors in that it does not have a not have a tailored regime to allow the formation of captive insurers, which has led many corporations to establish their captives overseas, …
NFP Acquires Ohio’s Total Benefit Advisors
NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, today announced the acquisition of Total Benefits Advisors, a Cleveland, Ohio-based advisory firm specializing in retirement services and employee benefits solutions for business owners and wealth …
People Moves: Holmes Murphy Names Reavis as President
Holmes Murphy announced that Jay Reavis has been named President of Holmes Murphy and HMA Group Holdings. This appointment reflects the company’s ongoing commitment to the power of its independence, leadership development, thoughtful succession planning, and positioning the organization for …
People: Berkley Names Stock Head of Carolina Cas; FAIA Honors Lynch’s Years of Work
W.R. Berkley Corp., one of the largest commercial lines writers, has named Paul Stock president of its subsidiary, Carolina Casualty, a provider of coverage products for the transportation industry. Stock has been divisional president at Carolina Casualty since May 2025. …
Massachusetts Finalizes New Safety, Consumer Rules for Assisted Living Facilities
One year after the tragic fire at Gabriel House in Fall River claimed the lives of 10 residents and injured dozens more, Massachusetts has finalized a set of new safety regulations to better protect those living in assisted living residences …
Drought Pits Farms Against Towns and Industry in Scramble for Water in West
In Arizona, dead fish lie in the dry bed of a reservoir. To the north, a small Utah town could run out of water in months. And in Colorado, a rancher has sold a fifth of her herd as stock …
Coalition Follows Allianz Deal by Expanding Cyber Solution for Large Companies
Managing general agent and specialist cyber insurer Coalition said it has launched Active Cyber Insurance for Enterprises, with up to USD $25 million in cyber limits for U.S. large businesses. This follows the May announcement of Coalition’s expanded strategic relationship …
Crash of Helicopter Fighting Colorado Wildfire Leaves Pilot Dead
A helicopter helping fight a Colorado wildfire has crashed into a reservoir, killing the pilot, authorities said. The aircraft was reported down Sunday in the Silver Jack Reservoir and the pilot’s body was recovered by divers. The Gunnison County Sheriff’s …
US to Launch AI and Cybersecurity Coordination Group, White House Says
The U.S. will formally bring together AI developers and essential services providers to share information on cybersecurity vulnerabilities identified by advanced AI systems and coordinate responses, according to a White House statement, fulfilling U.S. President Donald Trump’s order from June. …
AI Backlash Builds in President Trump’s Mar-a-Lago Backyard
A vote in Palm Beach County on whether to allow the construction of a digital infrastructure hub to house AI data centers and warehouses is set to show the strength of Florida’s efforts to rein in the technology industry. Project …
Business Moves: Duck Creek Buys Send to Create Novel Agentic Solution
Insurance industry software-as-a-service provider Duck Creek Technologies said it has acquired commercial underwriting platform Send Technology Solutions. Duck Creek said together the companies will create the “first and only agentic solution to unite core insurance operations and intelligent underwriting workflows …