INSURANCE NEWS
For Some Small Businesses, a Tariff Refund Isn’t Worth the Pain of Pursuing
The day the U.S. Supreme Court struck down the tariffs that had cost Ian Rosenberger’s backpack company Day Owl tens of thousands of dollars, friends started texting him their congratulations. He didn’t share their elation. “I don’t see any possible …
NFP Launches Group Captive Practice With Acquisition of NC-Based Trinity Risk
NFP, an Aon company and property-casualty insurance brokerage, has launched a new captive management practice with the acquisition of Charlotte-based Trinity Risk Advisors. NFP’s new Group Captive practice will help companies seeking more control over their risks by pooling resources …
NATO Shoots Down Iranian Ballistic Missile Headed for Turkey
The North Atlantic Treaty Organization on Wednesday shot down a ballistic missile fired from Iran and headed toward Turkish airspace, marking the first time the alliance stepped in to defend a member state since the US and Israel began attacking …
Sentry: Are Business Leaders Worried About the Right Risks?
More than half (54%) of U.S. business leaders expect their companies to survive and thrive in 2026, yet 60% say they’re more stressed than they were last year, according to mutual insurer Sentry’s 2026 C-Suite Stress Index survey. Sentry’s survey …
Google Gemini Accused of Coaching Florida Man to Suicide
Google is facing a lawsuit from the family of a 36-year-old Florida man who allegedly considered carrying out a “mass casualty attack” and ultimately killed himself under the influence of the company’s Gemini chatbot. According to a suit filed Wednesday …
AI Gives Unloved Downtown Buildings New Life as Data Centers
The Kansas City Star built a $200 million complex to house a state-of-the-art printing press in 2006. Less than 15 years later, the iconic structure of blue and green glass came to symbolize the collapse of print news when parent …
Two People Saved from Hot-Air Balloon Entangled on Tower in East Texas
Crews in East Texas rescued two people stranded hundreds of feet in the air after a hot-air balloon became entangled on a communications tower over the weekend. Firefighters responding to the tower on Saturday morning found the balloon entangled more …
Texans for Lawsuit Reform Suffer String of Primary Losses
Nearly every state legislative incumbent was poised to win their primary on Tuesday, in a stark change from the conservative bloodletting rendered in the Texas House two years ago. Two years ago, intraparty warfare resulted in a massive scrambling on …
Justin Timberlake Sues to Block Release of Police Video From 2024 Drunk Driving Arrest
Justin Timberlake is suing to block the release of police body camera footage from his drunken driving arrest in New York’s Hamptons in 2024. The pop star’s lawyers argued in a lawsuit filed Monday against the village of Sag Harbor …
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says
A US judge sided with Uber Technologies Inc. in its complaint that American Transit Insurance Co., the largest taxi insurer in New York City, failed to defend the ride-hailing company in crash cases involving its drivers. ATIC breached its duty …
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say
President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to …
People Moves: Ryan Specialty Underwriting Managers Promotes in RFL Exec Team
Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty, headquartered in Chicago, Illinois, promoted three members of the Ryan Financial Lines (RFL) executive team. Deborah Egel-Fergus, president of lawyers E&O – Egel-Fergus most recently served as vice president …