Insurance
Cornerstone National Insurance Company Placed Into Receivership
Cornerstone National Insurance Company, a Missouri-domiciled property and casualty insurance company, was placed into receivership by the Circuit Court of Cole County. Missouri Department of Commerce and Insurance Director, Angela L. Nelson, has been named receiver of Cornerstone, which allows …
Read More Berkshire Falls on Buffett’s Last Day as CEO, Gained 6,100,000% Over 60 Years
Berkshire Hathaway shares closed slightly lower on Warren Buffett’s final day as chief executive, with the legendary investor set to hand the reins to Greg Abel on Jan. 1. The price of Berkshire Class A shares edged down $600, or …
Read More Kansas Man Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt this week announced a Sedgwick county man has been sentenced to 18 months of probation for insurance fraud. Shawn Gales, age 37, pleaded guilty on December 18, 2025, in Sedgwick County District Court to one …
Read More Aon Extends Employment Agreement With CEO Case
Aon Corp. said it has extended its contract with President and CEO Greg Case through 2030. Case’s contract was previously set to end on April 1, 2028. Case has led the brokerage, among the world’s largest, since he took over …
Read More Definity Financial Completes $2.4B Acquisition of Travelers’ Canadian Businesses
Definity Financial Corp., the Canadian property/casualty insurer, announced the completion of its previously announced acquisition of the personal insurance business and the majority of the Canadian businesses of The Travelers Cos. The deal, which was first announced in May 2025, …
Read More Derailed Train in Kentucky Causes Chemical Leak and Sparks a Fire
A derailed CSX train leaked a flammable chemical and sparked a fire in a rural part of southern Kentucky on Tuesday, prompting authorities to issue a shelter-in-place order that was later lifted for nearby residents. No injuries were reported after …
Read More 2 New Jersey Pilots Killed in Helicopter Collision Frequented Nearby Cafe Together
Two men who died after their helicopters collided midair in New Jersey last weekend both earned their private pilot licenses over a decade ago and would often have breakfast together at a cafe near the crash site before taking to …
Read More Disney Worker Injured Trying to Stop Runaway Boulder at Indiana Jones Show
A Walt Disney World worker in Florida was injured while attempting to stop a large runaway prop boulder from rolling into seated spectators at the Indiana Jones live show. The worker at the “Indiana Jones Epic Stunt Spectacular” at the …
Read More Nursing Home Bailouts. Why Vermont Has Given Millions to Keep Them Afloat
With the second-oldest population in the country, Vermont needs its nursing homes. Yet, while Vermonters rapidly age, the state’s long-term care capacity has dwindled, losing 900 beds in the last two decades. To keep the struggling system afloat, the state …
Read More Swiss Resort Fire Victims Sent Abroad as Tragedy Investigated
Critically injured victims of the deadly fire that engulfed a bar in the Swiss ski resort of Crans-Montana are being treated in specialist burns units as far afield as Stuttgart, Milan and Paris, underscoring the scale of the tragedy. The …
Read More