INSURANCE NEWS
Deadly Shooting at Dallas ICE Hub Was ‘Targeted,’ FBI Say
A shooting at an Immigration and Customs Enforcement center in Dallas left one detainee dead and two others critically injured in what federal officials described as a “targeted attack” against the agency. Federal Bureau of Investigation Director Kash Patel tweeted …
Atlantic Hurricane Season Awakens After Sleepy Start
This year’s Atlantic hurricane season has so far lagged behind long-term trends, generated oddities and left seasoned forecasters scratching their heads. But now it’s finally shaking off the doldrums and spinning up storms. Tropical Storm Humberto formed Wednesday north of …
‘Most Prevalent’ Chinese Hacking Group Targets Tech, Law Firms
Suspected Chinese hackers are behind an ongoing cyberespionage campaign against US technology companies and legal firms, stealing national security secrets often while remaining undetected, according to Alphabet Inc.’s Google. The hacking group, which Google tracks under the code name UNC5221, …
Markets/Coverages: Ryan’s Clach Casualty Targets Complex Construction, Habitational
Global specialty insurance firm Ryan Specialty announced the formation of Clach Casualty Underwriting Managers, a managing general underwriter (MGU) focused on providing casualty insurance for complex construction and habitational real estate risks. Clach Casualty began operations in September 2025, and …
National Flood Insurance Program Once Again on the Verge of Expiration
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with expiring contracts at the traditional height of hurricane season, and major problems for …
New Hampshire Receives First $8 Million Check From 3M Co. PFAS Water Settlement
New Hampshire has received an initial payment of close to $8 million from the 3M Company’s nationwide PFAS settlement of public drinking water systems claims. Attorney General John M. Formella said the funds will be deposited in the state’s drinking …
Kentucky Distillery Bounces Back From Flood That Halted Bourbon Production
The long history of bourbon production at Buffalo Trace Distillery has been connected to the Kentucky River — summed up as a blessing and curse by a plaque on the grounds. In the 1800s, long before the Buffalo Trace name …
Former Student Sues Southern Miss and Fraternity Over Alleged Hazing Injuries
A former Omega Psi Phi pledge who alleges he was so severely beaten during the Nu Eta chapter’s “Hell Night” that he had to relearn how to walk is now suing the fraternity, the University of Southern Mississippi, multiple other …
People Moves: Poland’s Largest Insurer PZU Names Benczak as CEO
Poland’s largest insurer PZU has appointed Bogdan Benczak as its new chief executive, filling a role that had been led by an acting CEO since the dismissal of his predecessor in August. The appointment, effective September 25, is conditional on …
Amazon Sues to Block New York State Labor Law
Amazon.com sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations. In a complaint filed in Brooklyn …
The Fidelis Partnership Launches MGA, Imala Re, Opening 1st US Office in Miami
Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced it has launched a new managing general agent, Imala Re. TFP also announced it will be opening a Miami office on Oct. …
Storm Ragasa Nears Vietnam After Soaking Southern China
Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening overnight as the system tracked across southern China. The storm was near Beihai, packing maximum sustained winds of 75 kilometers …