INSURANCE NEWS
Hacking the Grid: How Digital Sabotage Turns Infrastructure Into a Weapon
The darkness that swept over the Venezuelan capital in the predawn hours of Jan. 3, 2026, signaled a profound shift in the nature of modern conflict: the convergence of physical and cyber warfare. While U.S. special operations forces carried out …
Businesses Pressured to Respond to ICE While Becoming a Target
From family-run cafes to retail giants, businesses are increasingly coming into the crosshairs of President Donald Trump’s mass deportation campaign, whether it’s public pressure for them to speak out against aggressive immigration enforcement or becoming the sites for such arrests …
People Moves: BMS Re Appoints Grippa US Chief Strategy Officer
BMS Re, the reinsurance arm of independent insurance and reinsurance broker BMS Group, headquartered in New York, appointed Tony Grippa as chief strategy officer for the U.S. business. Grippa will serve on the firm’s U.S. Executive Committee. Grippa will act …
Markets/Coverages: Coalition Starts Private Equity Practice for Cyber Risk
Coalition introduced its Private Equity Practice, a tailored cyber insurance solution with advanced cyber risk management tools and customized coverage. Announced Jan. 27, the new practice, developed with PE-focused brokers, is bespoke for PE firms, sponsors, general partners, and their …
Insurance Giant AXA XL, Enosis Capital Seal ‘Debt-for-Nature’ Tie Up
Credit fund Enosis Capital has sealed an agreement with AXA XL for the insurance giant to provide crucial cover for a new $3 billion wave of “debt-for-nature” deals, the first of which is expected in the next six to nine …
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion
In March of 2025 a well-known dentist’s office exploded in the town of Evergreen, Alabama, near the Florida line. Today, the owner of that office, a dentist described as “very successful” and a “very nice guy,” is in jail, charged …
People Moves: CRC Adds DeJesus and Woita to Underwriting Leadership; Buckner Names Taylor President of Idaho
CRC Group Names DeJesus and Woita to Underwriting Leadership CRC Group hired Joe DeJesus and Austin Woita to its CRC Specialty Underwriting leadership team. DeJesus joined CRC Specialty as an underwriting team leader, based in Sacramento, California. DeJesus has a …
Autonomous Trucking Firm Gatik Inks Contracts Worth $600 Million
Autonomous trucking startup Gatik AI Inc. signed a deal with a major consumer-goods company that will double its contracted revenue to $600 million over five years, helping the self-driving technology developer build out its business shipping goods in the US …
WTW Completes Acquisition of Specialty Broker Newfront
Broker WTW announced it has completed the acquisition of Newfront, a top 40 U.S. broker combining deep specialty expertise and cutting-edge technology. The acquisition is expected to expand WTW’s middle-market reach in specialties such as technology, fintech, and life sciences. …
Trump Orders Federal Takeover of LA Wildfire Rebuilding Efforts
President Donald Trump signed an executive order that allows the federal government to preempt state and local regulations in the recovery efforts of last year’s Los Angeles wildfires, blaming the destruction and its slow rebuilding on California’s authorities. “Immediate and …
London Cyberattack Threatens to Hold Up Thousands of Home Sales
A “sophisticated, criminal cyberattack” is threatening to hold up thousands of home sales in two of London’s richest boroughs. Westminster City Council and the Royal Borough of Kensington and Chelsea have been unable to process local authority searches since November …
Markets/Coverages: Apollo, ZenHedge Partner on Parametric Solution for Shippers
Apollo, a Skyward Group Company, announced a partnership with U.S. startup insurtech ZenHedge to launch a parametric insurance product called Freight Expense Insurance designed to protect U.S. shippers against increased freight costs caused by trucking carrier tender rejections. Apollo said …