INSURANCE NEWS

Spain Swine Fever Outbreak Grows With 10 New Wild Boar Deaths

Spain reported 10 new cases of wild boar deaths from African swine fever, expanding an outbreak that has put the major pork exporter into high alert. The dead animals, which bring the total count to 26 since the outbreak emerged …
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Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub

The hacking group “ShinyHunters” said on Tuesday it has stolen data belonging to premium customers of the leading sex website Pornhub and is threatening to publish it. Although Reuters could not immediately establish the scope, scale, or details of the …
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Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns

Korean automakers Hyundai and Kia agreed to retrofit 7 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of 35 attorneys general. The state attorneys general …
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Massachusetts Reports First Case of Silicosis in Stone Countertop Worker

Massachusetts public health officials have reported the first confirmed case of silicosis in the stone countertop fabrication industry in the state. The first confirmed case was recently diagnosed in a Hispanic man in his 40s who, for the past 14 …
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Confie Acquires Texas’ TSG Insurance Agency

Confie announced the acquisition of TGS Insurance Agency, Inc., a Houston, Texas-based standard personal lines insurance agency. The acquisition advances Confie’s strategy to scale InsureOne into a leading national platform serving standard personal lines and small commercial customers. Founded in …
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Denver, Rockies Face Power Shutoffs as Winds Boost Fire Risk

Xcel Energy is preparing customers in the Rocky Mountain region for preemptive blackouts to help reduce the risk of wildfires as strong, dry winds threaten to knock down power lines. The utility said it would likely shut off power starting …
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World Insurance Associates Acquires SilverLeaf Insurance in Arizona

World Insurance Associates LLC acquired the business of SilverLeaf Insurance Group in Scottsdale, Arizona. SilverLeaf was established in 2009. It offers business, health, life and personal insurance lines to clients in multiple states across the nation. World Insurance Associates is …
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Employee Groups Stay Resilient as Companies Back Away From DEI

Despite the backlash against diversity, equity and inclusion policies in the US, employee groups built around shared identities or interests have largely held up. The number of Fortune 50 companies that publicly disclose so-called employee resource groups, or ERGs, was …
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AIG Appoints Clifford From Everest as CEO, International Commercial Insurance

AIG Appoints Clifford From Everest as CEO, International Commercial Insurance American International Group (AIG) announced that Adam Clifford has been appointed chief executive officer, International Commercial Insurance, effective January 5, 2026. In this role, Clifford will lead AIG’s International Commercial …
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Leonardo Denies Liability for Helicopter Crash That Killed Leicester City Owner

Italy’s Leonardo has denied liability for the 2018 helicopter crash which killed Thai businessman Vichai Srivaddhanaprabha, saying in its defense to a lawsuit that its AW169 model is safe. The family of Srivaddhanaprabha, who founded duty-free retailer King Power and …
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Family Feud at New England Grocery Chain Plays Out at Trial Over CEO Ouster

A long-running family feud for control of the $8 billion-a-year Market Basket grocery chain in New England is about to take center stage at a trial to determine whether the former chief executive officer was improperly ousted by his three …
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LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025

Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly by January’s record Los Angeles wildfires as well as severe convective storms (SCS) in the US, according to a report …
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