INSURANCE NEWS

Volante Global Taps Smith From Guy Carpenter as Group CEO, Succeeding Reith

Volante Global, a multi-class, multi-territory international Lloyd’s syndicate and managing general agent (MGA) owned by leading global fintech Acrisure, announced the appointment of Demian Smith to the role of chief executive officer, Volante Global. Smith has enjoyed a longstanding and …
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Polish Insurer PZU Eyes Seed Funding Role for Big Polish Projects

Polish insurer PZU SA envisages playing a key role in attracting financing for the country’s big-ticket energy and infrastructure projects after it completes a merger with Bank Pekao SA. Chief Executive Officer Andrzej Klesyk said he wants to channel some …
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UK Hybrid Fronting Insurer Bridgehaven to Acquire Dublin Insurer SureStone

Bridgehaven Europe Holdings Ltd., the UK hybrid fronting insurer in commercial and specialty lines, has entered into an agreement to acquire the Dublin-based insurer, SureStone Insurance DAC. The deal, for an undisclosed fee, is subject to regulatory approval and customary …
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Michigan Mobile Parks Remain Behind on Safe Drinking Water

After the Flint water crisis, Michigan became a national leader on safe drinking water, requiring the removal of lead pipes and the reduction of harmful “forever chemicals” years before the federal government acted. But the state has a blind spot …
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New York Court Blocks Suit Against Social Media Giants Over Buffalo Racial Massacre

Social media companies cannot be sued for their alleged roles in a racially-motivated mass shooting at a grocery store in Buffalo in 2022, according to a New York court that said to allow the lawsuit would “result in the end …
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Ohio Company to Pay $326K for Allegedly Selling Unregistered Pesticides

The U.S. Environmental Protection Agency (EPA) announced last week a settlement with Tranzonic Cos., known as Hospeco Brands Group, in Cleveland, Ohio, for allegedly selling unregistered pesticide products and a product with incorrect pesticidal claims. The company will pay $326,200 …
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Arkansas to Receiving $1M in Funding for April Storm Cleanup and Recovery

The U.S. Department of Labor announced last week the award of $1 million in grant funding to Arkansas for cleanup and recovery activities after severe storms caused extensive damage and flooding in April. Between April 2-22, 2025, a strong weather …
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Florida Regulators Say They Need More Authority to Rein in Slide’s Exec Pay

Florida’s insurance regulators expressed concern about recent news that Slide Insurance executives took home millions in compensation last year, suggesting that state agencies need new authority to limit pay packages. “It’s super concerning but we need to have the legislative …
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Texas Cotton Industry Struggles as Synthetic Fibers Go Mainstream

For decades, the cotton industry has long been considered king in the Texas agriculture world. However, a shift has left it standing on shaky ground. In the last few years — as cotton producers struggled with low market prices, high …
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Judge Sanctions Lawyers Defending Alabama’s Prisons For Citing Fake Cases from AI

A federal judge reprimanded lawyers with a high-priced firm defending Alabama’s prison system for using ChatGPT to write court filings with “completely made up” case citations. U.S. District Judge Anna Manasco publicly reprimanded three lawyers with Butler Snow, the law …
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Ga. Funeral Home Sent Parents Their Deceased Son’s Brain by Mistake, Lawsuit Says

Two funeral homes allegedly gave grieving parents their deceased son’s brain in a box, which began to smell, leaked into their car and got on the father’s hands when he moved it, according to an updated lawsuit filed this week. …
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Southwest Crew Members Injured After Jet Makes Evasive Move Over California

Two flight attendants on a Southwest Airlines Co. jet were injured Friday after the pilot had to maneuver sharply in response to alerts that another aircraft was in the vicinity. About six minutes after takeoff, Southwest Airlines flight 1496 dropped …
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