INSURANCE NEWS

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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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The 14 Global Trends That Will Shape the Climate in 2026

The world is now moving into the latter half of a critical decade to fight climate change. Scientists have warned that nations need to cut carbon emissions nearly 50% by 2030 to stave off 1.5C temperature rise. The world is …
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Authorities Probing Damage to Undersea Telecom Cable in Gulf of Finland

Authorities are investigating damage to an undersea telecommunications cable in the Gulf of Finland early Wednesday that occurred between the capitals of Finland and Estonia. Finnish authorities seized and inspected the vessel suspected to have caused the damage, the country’s …
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Taiwan Stays on High Alert as Chinese Ships Pull Back After Massive Drills

Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response center running as it monitored Chinese naval maneuvers, the coast guard said. The exercises named “Justice …
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US Sanctions Chinese Companies, Tankers With Venezuela Links

The Trump administration stepped up a pressure campaign against Venezuela’s oil exports by sanctioning companies based in Hong Kong and mainland China, along with related oil tankers it accused of evading restrictions. The Treasury Department’s Office of Foreign Assets Control …
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