INSURANCE NEWS
Chevrolets, Hyundai Among Affordable Trucks and SUVs to Insure, Mercury Says
Two Chevrolets and a Hyundai topped the list of the most affordable new trucks and SUVs to insure for 2025, according to a new list compiled by California-based Mercury Insurance. Factors contributing to Mercury’s list included claims on similar vehicles, …
AAIP Names 2025/26 Officers and Directors
The Austin Association of Insurance Professionals (AAIP) held their 2025 installation dinner on Wednesday, June 20th at The Oasis on Lake Travis in Austin, Texas. The 2025/26 Officers & Directors for AAIP were installed. AAIP President, Meghan Welte hosted the …
Chemical Safety Board to Investigate Fatal US Steel Facility Explosion
The U.S. Chemical Safety and Hazard Investigation Board (CSB) said today that it is investigating the fatal explosions and fires at U.S. Steel’s Clairton Coke Works plant in Clairton, Pennsylvania, that occurred on Monday. Two people were killed in the …
Judge Stops Hazardous Waste Shipments to Michigan Landfill
A judge has stopped government contractors in five states from sending hazardous waste to a Michigan landfill after a year of legal challenges by Detroit-area communities concerned about possible environmental impacts. Wayne County Judge Kevin Cox said the risk was …
Wisconsin Severe Storms Cause Flooding, Knock Out Power
Flash flooding canceled the final day of the Wisconsin State Fair on Sunday as continued heavy rainfall in half a dozen Midwest states forced motorists to abandon their vehicles, cut power to thousands of households and closed busy roadways. Organizers …
Texas Homeowners Question Whether to Rebuild After Floods
Brian Keeper doesn’t remember exactly when his family began spending holidays in Hunt, an unincorporated town on the banks of the Guadalupe River where they’d camp, swim, and fish. Sometimes they caught so many perch, bass, and catfish that it …
People Moves: BHSI Names QBE’s Masciovecchio as Country Manager, Switzerland; Hamilton Insurance Group Appoints Buckley as Group Chief Risk Officer
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Hamilton Insurance Group. A summary of these new hires follows here. BHSI Names QBE’s Masciovecchio as Country Manager, Switzerland Berkshire Hathaway Specialty Insurance (BHSI) announced …
Do Kwon to Plead Guilty to US Conspiracy, Fraud Charges in $40B Crypto Collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is planning to plead guilty on Tuesday to two charges of conspiracy to defraud and wire fraud, a judge said at …
Specialist Risk Group Acquires London-Based City Quarter Brokers
Specialist Risk Group (SRG), the London-based group of insurance intermediaries, has entered into an agreement to acquire City Quarter Brokers, subject to regulatory approval. Financial details of the deal were not disclosed. City Quarter Brokers is a highly regarded London-headquartered …
Containment Grows Slowly on Megafire in California
Firefighters continue to slowly make gains a massive wildfire burning in two California counties, now the biggest fire in the state this year, reaching “megafire” status. The Gifford Fire is threatening more than 822 structures and has prompted hundreds of …
CDC Shooter Believed COVID Vaccine Made Him Suicidal, Father Tells Police
A Georgia man who opened fire on the U.S. Centers for Disease Control and Prevention headquarters, shooting dozens of rounds into the sprawling complex and killing a police officer, had blamed the COVID-19 vaccine for making him depressed and suicidal, …
Chemours Must Stop Unlawful Pollution of Ohio River, Federal Court Orders
A federal judge ordered the Chemours Chemical Company on Thursday to immediately stop discharging unlawful levels of cancer-causing chemicals into the Ohio River from the company’s Washington Works plant in West Virginia. “Those pollutants endanger the environment, aquatic life, and …