what we do
WHAT WOULD YOU LIKE TO DO TODAY?
INSURANCE NEWS
Blizzard Brought Up to $38 Billion in Estimated Damage and Economic Loss: AccuWeather
The winter storm that brought several feet of snow and blizzard conditions to parts of the Northeast this week resulted in $34 billion to $38 billion in total damage and economic loss, according to preliminary estimate from AccuWeather. More than …
Sompo Holdings Completes Acquisition of Aspen, Taking it Private
A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has finalized its $3.5 billion acquisition of Aspen Insurance Holdings Ltd., taking the insurer private. Under the terms of the deal, which was first announced in August 2025, 100% of …
California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition
California asked a state judge on Tuesday to stop Amazon.com from inflating prices for consumers through an alleged campaign to bully merchants not to sell goods more cheaply elsewhere. The state’s attorney general, Rob Bonta, sought a preliminary injunction in …
Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best
Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could create headwinds for a country where tourism represents approximately 10% of the economy, AM Best said in a commentary. Violence …
People Moves: Rodriguez To Lead EPIC National Real Estate; AXA XL Names Carnazza Head of Construction Property, Americas; Wischmeyer Joins Marsh’s Digital Infrastructure Practice
EPIC Names Rodriguez National Real Estate Program Development Leader EPIC Insurance Brokers & Consultants, headquartered in San Francisco, California, appointed Miranda Rodriguez to the newly created role of program development leader within its national real estate practice. Rodriguez will focus …
Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best
Success for the property/casualty industry in 2025 was marked by rate increases and investment income, but plateauing or softening rates in many lines of business in 2026 may pressure financial results in 2026, said AM Best. In a new report, …
Waymo to Debut in Biggest Texas Cities After New York Setback
Alphabet Inc.’s Waymo will start offering commercial robotaxi service in the three biggest cities in Texas, pushing ahead with its aggressive expansion plan after a recent setback in New York. The rollout of rides with no safety driver will begin …
Mississippi Hospital System Closes All Clinics After Ransomware Attack
A ransomware attack forced the University of Mississippi Medical Center to close all of its roughly three dozen clinics around the state and cancel elective procedures for a second day on Friday, hobbling one of the state’s largest health care …
Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos
Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta and other cities still faced canceled flights and shelter-in-place warnings. The travel …
NC House Fire That Killed Hamlin’s Father Ruled Accidental But Cause Unknown
The North Carolina house fire that killed NASCAR driver Denny Hamlin’s father and injured his mother has been ruled accidental but it’s still unclear what started it. A report released by Gaston County Emergency Management & Fire Services said the …
UK Sanctions New Zealand Insurer Maritime Mutual After Reuters Report
Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into how it had helped in the trade of tens of billions of dollars of Iranian and Russian oil. “(Maritime …
Over 2,000 Flights Cancelled, 380,000 Homes Without Power as Storm Effects Continue
U.S. airlines canceled over 2,000 flights on Tuesday, far fewer than a day earlier, as a powerful winter storm that disrupted airports across the Northeast was expected to ease by evening, with strong winds expected to continue into the early …
