INSURANCE NEWS
Howden Acquires Granular Investments for Credit Risk Transfer Capabilities
Howden, the global insurance intermediary group, today announces the acquisition of Granular Investments Limited and Granular Investments EU SAS. This transaction strengthens Howden’s credit risk transfer capabilities in Europe and enhances Howden’s product offerings for large financial institutions. Founded in …
Arthur J. Gallagher Acquires Wilkins & Associates in Nevada
Arthur J. Gallagher & Co. today acquired Reno, Nevada-based Wilkins & Associates Insurance Services Inc. Steve Wilkins, Jared Wilkins and their team will operate under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations. Wilkins …
People Moves: Finys hires Norman as Chief Growth Officer, Khetrapal as Director of Finance
Finys, an insurance software solutions provider headquartered in Troy, Michigan, appointed Tim Norman as chief growth officer and Rishi Khetrapal as director of finance. Norman has over 20 years of experience in insurance technology, with a background in property and …
TN Metal-Treating Firm Failed to Learn from Previous Incidents, Safety Board Says
A French-owned metal-treating company in Tennessee failed to utilize safety management and failed to implement lessons learned from previous incidents before a 2024 explosion that killed one worker and heavily damaged the site, the U.S. Chemical Safety and Hazard Investigation …
Triple-I: New Research Suggest Link Between Litigation Funding, Attorney Ads
According to research from the American Tort Reform Association (ATRA), legal service providers spent more than $2.5 billion on 26.9 million ads in 2024 alone—with significant increases in television, radio and outdoor advertising since 2017. The Insurance Information Institute (Triple-I) …
Misdemeanor Charges Filed in Wakeboarding Girl’s Death in South Florida
Misdemeanor charges have filed against the man who was operating the boat that fatally struck a 15-year-old girl off a South Florida beach last year, as well as the man who was operating the boat she had been wakeboarding behind, …
London MGA Amiga Specialty Officially Launches
Amiga Specialty, an independent international Managing General Agent (MGA), has today announced its official launch. The London-based company said it aims to swiftly establish itself in the global insurance MGA landscape through a combination of strategic acquisitions and robust organic …
Colossal Cloud of Sahara Dust en Route to Texas, Florida
A massive cloud of dust from the Sahara Desert blanketed most of the Caribbean on Monday in the biggest event of its kind this year as it heads toward the United States. The cloud extended some 2,000 miles (3,200 kilometers) …
AI’s Urgent Need for Power Spurs Return of Dirtier Gas Turbines
If Stargate’s first AI data center is completed next year as planned, the 900-acre site will need enough round-the-clock electricity to support 300,000 homes. But securing that power isn’t as simple as plugging into the grid. Unlike arch rival Meta …
Crypto Crime Spills Over From Behind the Screen to Real-Life Violence
A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, …
Trump’s Attack on DEI Hits UK as Corporate Sponsors Abandon LGBTQ Pride
The Trump administration’s attack on US diversity, equity and inclusion policies is reverberating across the Atlantic, with corporations abandoning sponsorships of Britain’s Pride festivals, threatening key funding for events this summer. Three quarters of more than 100 Pride organizers have …
Burning Cargo Ship Carrying 3,000 Vehicles Abandoned off Alaska
The crew of a cargo ship carrying around 3,000 vehicles, including 800 electric vehicles, abandoned it off the coast of Alaska after a fire broke out onboard, its operator Zodiac Maritime said on Wednesday. The 22 crew members were safely …