Insurance
Canada Police Name 18-Year-Old Suspect in Shootings That Killed Nine
The deceased suspect in a mass shooting that left nine people dead in a small town in western Canada was named as 18-year-old Jesse Van Rootselaar, who was known to police. Officers found Van Rootselaar dead after the shooting on …
Read More Summit Now Offers Workers’ Compensation in Pennsylvania and Delaware
Workers’ compensation provider Summit is expanding its coverage offerings to Delaware and Pennsylvania. Summit-managed carriers Bridgefield Casualty Insurance Co., Bridgefield Employers Insurance Co., and Bridgefield Indemnity Insurance Co. received regulatory approval from the Delaware and the Pennsylvania insurance department to …
Read More Investors: Trump’s Rollback on Greenhouse Gases to Cause Confusion, Could Add Costs
The Trump administration’s decision to overturn an Obama-era legal analysis underpinning greenhouse gas rules will sow confusion and add costs for businesses and investors alike, shareholder advocates and portfolio managers say. U.S. President Donald Trump, who has called climate change …
Read More Digital MGA Honeycomb Insurance Launches in Oregon
Digital MGA Honeycomb Insurance has begun writing policies in Oregon. The launch is Honeycomb’s 21st state in a national expansion. Honeycomb touts its rapid quoting for individual properties and that agents in states supported by Honeycomb can submit full schedules …
Read More Chinese Insure Owner to Sell NYC’s Waldorf Astoria After Acclaimed Renovation
The Waldorf Astoria hotel on Manhattan’s Park Avenue is coming up for sale following an extensive renovation. Real estate investment bank Eastdil Secured is expected to bring the hotel to market on behalf of the hotel’s Chinese owners, according to …
Read More Markets/Coverages: Re/Insurer Canopius Launches Natural Resources Team
Canopius, the international specialty and property/casualty re/insurer, has announced the creation of its consolidated Natural Resources team in response to market demand. The team encompasses energy, heavy industry and construction to better reflect how brokers in these classes allocate business. …
Read More Portugal Deadly Floods Force Evacuations, Collapse Main Highway
Thousands of people fled their homes in central Portugal after rising waters burst through the banks of the Mondego River, flooding roads, collapsing critical infrastructure and leaving vast areas of farmland under water. At least 3,000 people were evacuated in …
Read More AXIAN Bets on Insurance to Deepen Risk Underwriting in Africa
AXIAN Group, a pan-African conglomerate spanning telecommunications, energy, real estate, fintech and financial services, is expanding into insurance underwriting to tap the world’s least covered regions. The group, which generated $2.75 billion in revenue in 2024, has launched VIA Insurance …
Read More Bus Crash Involving Iowa College Baseball Team Leaves One Dead, 32 Injured
A bus carrying an Iowa community college baseball team crashed and overturned in a ditch on Wednesday, Feb. 11, killing one person and injuring 32 others onboard. The crash involved a bus carrying Iowa Lakes Community College baseball team and …
Read More People Moves: Unison Risk Advisors Names O’Sullivan as Chief People Officer
Unison Risk Advisors announced the appointment of Nicole L. O’Sullivan as chief people officer. Based in Cleveland, Ohio, O’Sullivan will lead the firm’s human capital strategy, supporting talent, leadership, and culture initiatives across Unison’s growing platform. O’Sullivan joins Unison with …
Read More