INSURANCE NEWS
Stein Wants $13.5B From Congress for NC Hurricane Helene Recovery
North Carolina Gov. Josh Stein on Monday requested $13.5 billion more from Congress in recovery aid for Hurricane Helene almost a year after the historic storm, saying additional help is needed from Washington to address record amounts of damage and …
Radian to Acquire Lloyd’s Syndicate Inigo for $1.7B in Specialty Insurance Push
Radian Group said on Thursday it would buy UK-based Inigo for $1.7 billion as the U.S. mortgage insurer seeks to transform into a global multi-line specialty insurer. The company’s expansion into the Lloyd’s global specialty market follows a strategic review …
Lyft, Waymo to Offer Driverless Rides in Nashville in 2026
Lyft Inc. is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber Technologies Inc. Alphabet Inc.-owned Waymo, which has been conducting testing in …
People Moves: Wolf Joins Alliant in New England, Stein Joins in Maryland
Benefits consultant Rob Wolf has joined Alliant Insurance Services as vice president within its employee benefits group. Based in New Hampshire, Wolf has more than 25 years of experience spaning strategy, planning, underwriting, cost containment, and regulatory compliance under ERISA …
NICB: Vehicle Thefts in First Half 2025 Down 23% From Last Year
U.S. vehicle thefts fell 23% in the first six months of 2025 from the first half of last year, a report out Wednesday from the National Insurance Crime Bureau shows. There were 334,114 vehicle thefts reported in the first half …
Apollo Seeks $10 Billion From Insurers With Complex Debt Vehicle
Apollo Global Management Inc. is set to use a rare structure to raise $10 billion from insurers, people with knowledge of the matter said, in the latest illustration of the increasing ties between private capital and annuity providers. The New …
Beetle That Threatens Australia’s Grains Industry Found in Imported Diapers
Australia has detected the larvae of khapra beetles in imported nappies sold in supermarkets nationwide, the agriculture ministry said, raising concerns the pest could infest grain storages and disrupt agricultural exports. The ministry said in a statement on Tuesday it …
People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer
Allianz Commercial Appoints Stewart as North American Head of Liability Global insurer Allianz Commercial, with U.S. headquarters in New York City, appointed Mary Ann Stewart as regional head of liability, North America, effective September 22. Based in Chicago, Stewart will …
Climate Change Led to At Least 16,500 Heat Deaths in Europe This Summer
Climate change fueled scorching summer temperatures that killed an estimated 16,500 people in European cities this summer, pushing overall heat deaths to more than three times what might otherwise have occurred, according to a new study. The analysis presents an …
Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California
Bamboo Insurance entered into a partnership with Accredited the companies say will provide availability and coverage options to homeowners across California. Bamboo’s E&S Signature product combines Bamboo’s tech-enabled underwriting platform with Accredited’s financial strength and specialty program expertise to deliver …
Storage Facility Employee Dies in Golf Cart Rollover
Police and rescue personnel in Marlborough, New Hampshire were dispatched earlier this month to the local Extra Space storage facility for a reported golf cart rollover and entrapment. The crews found the single occupant of the golf cart still pinned …
New York Executives Blast State Over Regulatory ‘Black Hole’
At a recent roundtable with New York executives, Heather Briccetti Mulligan remembers the frustration of a businessman who compared trying to file a permit for a $200 million construction project with ordering a pizza. The pizza could be tracked by …