INSURANCE NEWS
Louisiana State Senate Confirms Four Leadership Appointments at LDI
The Louisiana State Senate confirmed four of Insurance Commissioner Tim Temple’s key senior staff appointments to their positions during the 2026 Legislative Session. Whitney Greene, who joined the department on March 23, was confirmed as Executive Counsel, where she serves …
Tornadoes in Illinois and Indiana Leave Residents Grappling With Damage
Residents in tornado-ravaged areas in Illinois and Indiana were grappling with the damage to their homes and neighborhoods on Friday, after the strong line of storms barreled through communities south of Chicago and left trails of destruction. Cleanup efforts were …
Floods Threaten Texas and Louisiana This Week
Louisiana and Texas, including Houston, will get hit with flooding rains for the next few days as a potential tropical storm tries to spin up across the western Gulf. There is a moderate level 3 risk of heavy rainfall across …
Chrisleys Sue Former Defense Attorney, Alleging Malpractice in Conviction
Reality TV stars Todd and Julie Chrisley are accusing one of their former defense attorneys of legal malpractice that they say led them to be convicted and imprisoned, separating them from each other and their family, ruining their reputations and …
Supreme Court Nixes Challenge to New York Law Allowing Suits Against Gun Industry
The U.S. Supreme Court turned away on Monday a gun industry challenge to a New York law that permits lawsuits against gun makers, wholesalers and dealers for endangering people’s safety through sales of firearms and ammunition. The justices declined to …
Tugboat in California Closes $3M Seed Round to Expand Claims Support
Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …
Tech Update: Willis Unveils Tool to Help RMs Respond to Climate-Related Property Risks
Willis, a WTW business, unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate‑driven volatility affecting property insurance markets. Embedded within WTW’s Risk IQ platform, Climate Diagnostic is a climate risk …
Anthropic Block Marks US Reversal, Warning to Silicon Valley
The extraordinary move by the US to bar foreign access to Anthropic PBC’s best AI models underscores the Trump administration’s newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it’s working with an imperfectly …
Baldoni, Lively Fight Ends With Actress Awarded Legal Fees But No Damages
Blake Lively can recover some legal costs from fellow actor and director Justin Baldoni but not punitive damages and other relief she sought after settling her legal claims over their 2024 film “It Ends With Us,” a judge ruled Friday. …
Scouring the Strait of Hormuz for Mines Could Take Weeks
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security sources say. The operation by conventional minesweepers and state-of-the-art underwater …
US and Iran Say They’ve Agreed Deal to Reopen Hormuz This Week
The US and Iran said they reached an interim peace agreement to reopen the Strait of Hormuz and move further toward ending a war that’s killed thousands of people across the Middle East. The development caused equities and bonds to …
UK Forces Board Sanctioned Tanker in Russian Shadow-Fleet Raid
British forces boarded a sanctioned oil tanker in the English Channel early on Sunday, the first UK-led operation of its kind targeting Russia’s so-called shadow fleet. Royal Marine Commandos and officers from the National Crime Agency boarded the Smyrtos in …