INSURANCE NEWS
People Moves: Green Tree Risk Names Page; TDC Specialty Appoints Spina
Green Tree Risk Partners Names Page Director Green Tree Risk Partners, headquartered in Philadelphia, Pennsylvania, named Laura Page as director of Green Tree Risk Partners. Page has 20 years of insurance and leadership experience, previously serving as the vice president …
Richmond National Expands Glen Allen Office
Virginia-based specialty insurer Richmond National Group plans to invest $1.75 million to expand operations at the firm’s Glen Allen office. The company said it expects to be hiring as many as 75 new employees for the office. “Five years ago, …
Gulf Carriers Resume Limited Flights, but Missile Fire Fuels Uncertainty
Emirates and Etihad Airways were resuming limited flight schedules to key global cities from their United Arab Emirates hubs on Friday, though the threat of missile fire piled pressure on airlines as they scramble to accommodate travelers. With most airspace …
More Tankers Come Under Attack as US-Iran Conflict Spreads in the Region
More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region. A Bahamas-flagged crude oil tanker was targeted by …
Strait of Hormuz Shipping Is at Near-Total Halt, JMIC Says
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours, as the Middle East war disrupts the vital waterway. A review of shipping signals have confirmed …
EU Countries Give Final Approval to 2040 Climate Target for 90% Emissions Cut
European Union countries gave the final approval on Thursday to a new climate target to slash greenhouse gas emissions 90% by 2040, pressing ahead with the bloc’s ambitious climate agenda despite political resistance. The new climate target is a hard-fought …
Seafarers Can Refuse to Sail Through Mideast Gulf Region, Main Union Says
Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labor union and shipping …
24 States File Lawsuit to Stop Trump’s Latest Global Tariffs
A group of 24 U.S. states sued President Donald Trump’s administration on Thursday in the first legal challenge to his newly imposed 10% global tariffs, alleging that the president cannot sidestep a recent U.S. Supreme Court ruling that invalidated most …
Tight Truck Capacity Opens Window for US Railroads to Win Back Freight
U.S. railroads including CSX Corp, Union Pacific and BNSF are moving to recapture freight from truckers as tightening trucking capacity and rising road-haul rates bolster rail’s competitive position. For years, low trucking rates and greater flexibility helped road carriers capture …
After Buyout, Universal North America Changes Name to One Alliance
A year after it was acquired by its CEO’s new holding company, Universal North America has added offices in Florida and changed its name. Universal Insurance Co. of North America, admitted in Florida with offices in Sarasota and in Orlando, …
Why EV Chargers Are Booming Despite Slumping New Car Sales
Despite the plunge in US electric vehicle sales, it appears there’s a critical enough mass to sustain the companies building public charging infrastructure. ChargePoint Holdings Inc. posted a 7% increase in sales in the last quarter of 2025, even as …
Texas Engineering Firm Honored for Commitment to Workplace Safety
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized Pond & Company with a Lone Star Safety Award renewal for demonstrating an ongoing commitment to workplace safety and health at its Baytown facility. Pond & Company, an …