INSURANCE NEWS
Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program
Markel announced a new collaboration with Upfort to provide eligible U.S. cyber policyholders with an expanded suite of tools to help them safeguard their businesses and help reduce the risk of cyberattacks. Upfort Shield, a multi-layer cyber defense platform, is …
People Moves: Yuko and Shapiro to Lead Amwins New Hospitality Practice; Pinion Insurance Names Selvig US CUO
Amwins Appoints Yuko and Shapiro to Lead New Hospitality Practice Amwins, headquartered in Charlotte, North Carolina, named Michelle Yuko and Joey Shapiro as leaders of its new hospitality practice, a dedicated industry-focused group designed to support retail partners. While continuing …
Live Nation Loses Bid for Full Dismissal of Antitrust Suit
Live Nation Entertainment Inc. must face an antitrust trial on some claims brought by the US Justice Department and various states for allegedly monopolizing the live events market, after a federal judge rejected the company’s request to dismiss a case …
BioNTech Sues Moderna for Patent Infringement Over COVID Shots
German biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna’s COVID-19 vaccine mNEXSPIKE infringes a patent related to BioNTech and Pfizer’s competing shot Comirnaty. The lawsuit said that mNEXSPIKE, Moderna’s next-generation COVID shot approved by …
People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
Higginbotham has hired Samuel Isaac Ritter, M.D., as medical director for employee benefits, adding a client-facing physician resource within its self-funded advisory work. As more employers move into self-funded plans, the questions landing on brokers are increasingly clinical: complex, high-cost …
Texas Fire Threat to Worsen as Oklahoma Panhandle Burns
A fast-moving wildfire in the Oklahoma panhandle doubled in size as it pressed into Kansas while winds threatened to shift and raise fire risks across West Texas and New Mexico. The Ranger Road Fire had consumed more than 283,000 acres …
More Snow Coming to California After Deadly Avalanche
A blast of mountain snow and flooding rain is falling over California, the last of a string of storms that brought much-needed moisture to the state yet triggered a deadly avalanche in the Sierras. Winter storm warnings stretch from the …
LA Fire Victims Suing City Utility for Billions Win Major Ruling
The water and power utility that serves the city of Los Angeles must face hundreds of lawsuits faulting its response to the massive 2025 wildfire that leveled one of the city’s premier seaside neighborhoods and caused tens of billions of …
Marsh Risk Launches Excess Casualty Facility for US Digital Infrastructure
Marsh Risk, a business of broker Marsh, announced the launch of Nimbus Casualty, a new insurance facility providing clients with excess general liability protection during the construction phase of US-based digital infrastructure projects. The facility offers up to $75 million …
Pritzker to Halt Data Center Tax Perks as Power Bills Soar
Illinois Governor JB Pritzker is seeking to temporarily halt incentives for data centers in a bid to contain soaring power bills. Pritzker, a Democrat seeking his third term as governor, wants to implement a two-year moratorium on new state-issued tax …
Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
A fast-moving wildfire on Oklahoma’s panhandle has doubled in size as it presses into Kansas, as firefighters contend with days of dry heat and gusting winds across the Great Plains. The Ranger Road Fire had consumed more than 280,000 acres …
Texas Sues Dow, Alleging Water Pollution Violations at Chemical Plant
The Texas Attorney General’s office filed a lawsuit last week against Dow Chemical Co., North America’s largest chemical manufacturer, describing hundreds of water pollution violations from its industrial complex on the rural Gulf Coast in Seadrift. While the state’s 46-page …