Insurance
Japan’s TEPCO Pauses Nuclear Reactor Reboot Day After Milestone Restart
Tokyo Electric Power Co., Japan’s largest utility, suspended the restart process of its nuclear power plant in Niigata prefecture, less than a day after resuming its first reactor since the 2011 Fukushima disaster. TEPCO, as the utility is known, said …
Read More Markets/Coverages: DUAL LatAm Partners With Ki to Expand Region’s Property Capacity
DUAL LatAm, part of DUAL Group, announced a significant increase in property capacity across Latin America, marking a strategic expansion of the property binder established with Brit in 2025 and reinforcing its commitment to delivering robust, reliable solutions in a …
Read More People Moves: Fagan Joins Brown & Riding’s National Property Practice
Brown & Riding, headquartered in Dallas, Texas, hired Seth Fagan to its national property practice. Fagan has over 20 years of experience in the wholesale insurance space. He specializes in complex property risks, including, but not limited to, commercial real …
Read More Dairy Giants Rush to Recall Infant Formula After Expanding Contamination Scare
Three of the world’s largest dairy companies are recalling and blocking batches of infant milk formula after a contamination scare that began with Nestle widened on Wednesday to French groups Danone and Lactalis. The recalls highlight how a single compromised …
Read More Water ‘Bankruptcy’ Era Has Begun for Billions, Scientists Say
A new era has begun of “global water bankruptcy,” with humans depleting freshwater systems to the point they can’t recover, according to a new United Nations report. Three-quarters of the world’s population — about 6.1 billion people — now live …
Read More Trump Backs Down on Greenland Tariff Threats, Rules Out Use of Force
U.S. President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out the use of force and suggested a deal was in sight to end a dispute over the Danish territory …
Read More AI Company Eightfold Sued for Helping Companies Secretly Score Job Seekers
Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many other Fortune 500 companies, is being sued for allegedly compiling reports used to screen job applicants without their knowledge. The lawsuit filed in California on …
Read More People Moves: Crawford & Company Launches New Structure, Names Hoberman CEO of US Operations; Converge Appoints Altman CTO
Crawford & Company Announces New Operating Divisions, Appoints Hoberman CEO of US Operations Crawford & Company, headquartered in Atlanta, has announced a new global operating structure. Effective Jan. 1, Crawford operates under two divisions – U.S. Operations and International Operations. …
Read More Pace of Insurance M&A Lagged in 2025 With No ‘Mad Dash’: OPTIS
Insurance agency mergers & acquisitions were down 12% in 2025, compared with 2024. According to investment banking and financial consulting firm OPTIS Partners, there were 695 insurance agency deals in 2025. There were 787 deals in 2024. Despite an uptick …
Read More Falls Were Most Common Safety Violation in Washington for 20th Straight Year
Falls from heights were the most cited serious workplace safety violation by the Washington State Department of Labor & Industries for the 20th straight year. In the past four months, L&I issued $1.4 million in fines to five construction companies …
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