INSURANCE NEWS
Supreme Court Does Not Issue Ruling on Trump’s Tariffs
The U.S. Supreme Court issued three decisions on Wednesday but did not decide the closely watched dispute over the legality of President Donald Trump‘s global tariffs. The court did not announce the next date when it will issue rulings. It …
Verizon Users Report Service Outage Affecting Thousands
Verizon Communications Inc. is suffering a widespread service outage, with thousands of users reporting lack of cell service on Wednesday afternoon. Verizon, the largest US wireless provider, said it was aware of the issue and trying to resolve the problem. …
WV Program That Helped Tackle Abandoned Buildings is Running Out of Money
From their home on Charleston’s, West Virginia’s West Side, Tina and Matt Glaspey watched the house on the corner of First Avenue and Fitzgerald Street go downhill fast. A family with a young daughter left because they didn’t feel safe. …
CrowdStrike Defeats Shareholder Lawsuit Over Huge Software Outage
A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded them by concealing its inadequate software testing and quality assurance procedures, before a July 2024 outage crashed more than 8 million Microsoft Windows-based computers worldwide. …
FBI Says Arson Suspect Targeted Mississippi Synagogue That Was Bombed in 1967
A suspect in an arson fire at a synagogue that was bombed by the Ku Klux Klan decades ago admitted to targeting the historic institution because it’s a Jewish house of worship and confessed what he had done to his …
Baldwin Group Acquires Illinois’ Obie
Florida-based global insurance broker The Baldwin Group announced it has completed the acquisition of Creisoft, Inc. and its subsidiaries, collectively known as Obie, a Chicago-based embedded insurance distribution business specializing in insurance solutions for landlords and real estate investors. Obie …
Business Moves: ALKEME Expands in US With Addition of 5 Agencies
Brokerage ALKEME Insurance said it has acquired five agencies over the last quarter to enhance its property/casualty offerings while expanding its employee benefits capabilities across the United States. “With strong property and casualty capabilities in Indiana, New Jersey, California and …
People Moves: Roggenbaum Named Amerisure Vice President of Strategic Growth
Amerisure, headquartered in Farmington Hills, Michigan, named Doug Roggenbaum vice president of strategic growth. Roggenbaum brings nearly four decades of experience with Amerisure, having joined the organization in 1987. He was named regional vice president in 2003 and most recently …
Kansas Man Sentenced to Probation for Insurance and Identity Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Sedgwick county man has been sentenced to 24 months of probation for insurance and identity fraud. Marquez Gails, age 43, pleaded guilty on January 9, 2026, in Sedgwick County District Court to one …
People Moves: AXA XL Reinsurance Promotes Longbottom and Pedro; Matthias Appointed Global Head of Zurich Resilience Solutions, Succeeding De Nil
This edition of International People Moves details appointments at AXA XL Reinsurance and Zurich Insurance Group. A summary of these new hires follows here. AXA XL Reinsurance Promotes Longbottom and Pedro AXA XL Reinsurance announced it has promoted Julian Longbottom …
Tesla Agrees to Mediation That Could Resolve EEOC’s Racism Lawsuit
Tesla agreed to enter mediation that could resolve the U.S. Equal Employment Opportunity Commission’s lawsuit accusing Elon Musk’s electric car maker of tolerating severe and widespread harassment of Black employees at its Fremont, California, assembly plant. The EEOC said it …
Trade and War Worries Haunt Davos as World Seen ‘on a Precipice’: WEF Survey
A global backdrop increasingly threatened by trade disputes and inter-state conflict is how respondents in a World Economic Forum survey see things panning out in 2026. The annual poll of 1,300 leaders and experts by the organization that will next …