Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina
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Description: Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing …
Full content: Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing …
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Category: Southeast News
Date: Fri, 19 Dec 2025 16:21:21 +0000
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Son of Ponzi-Accused Georgia Building & Loan Founder Now an Insurance Agent
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Description: The former co-leader of a collapsed Georgia savings and loan, a lending firm that is now the subject of state and federal Ponzi scheme investigations, has been granted an insurance producer’s license in the state. Edwin Brant Frost V, who …
Full content: The former co-leader of a collapsed Georgia savings and loan, a lending firm that is now the subject of state and federal Ponzi scheme investigations, has been granted an insurance producer’s license in the state. Edwin Brant Frost V, who …
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Category: Southeast News
Date: Fri, 19 Dec 2025 16:05:52 +0000
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People Moves: Marsh McLennan Appoints Mathews Digital Infrastructure Leader; Loop Hired to Lead AXA XL Media Liability
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Description: Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with companies and investors across key …
Full content: Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with companies and investors across key …
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Category: National News
Date: Fri, 19 Dec 2025 15:53:49 +0000
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High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million
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Description: High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flooding. …
Full content: High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flooding. …
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Category: West News
Date: Fri, 19 Dec 2025 15:05:11 +0000
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11 Firefighters and 2 Others Injured After NC House Explosion and Fire
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Description: Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treated for contusions, …
Full content: Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treated for contusions, …
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Category: Southeast News
Date: Fri, 19 Dec 2025 14:21:14 +0000
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A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP
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Description: Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility …
Full content: Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility …
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Category: Midwest News
Date: Fri, 19 Dec 2025 14:15:54 +0000
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More US Beef Plants May Close as Cattle Herds Keep Tightening
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Description: American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …
Full content: American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …
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Category: Midwest News
Date: Fri, 19 Dec 2025 13:59:47 +0000
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Ben & Jerry’s Board Says More Directors Face Removal
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Description: Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & Jerry’s, newly …
Full content: Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & Jerry’s, newly …
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Category: East News
Date: Fri, 19 Dec 2025 13:57:41 +0000
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County Officials in Texas Race to Build $5M Warning System Before Next Flood Season
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Description: With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …
Full content: With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …
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Category: Texas / South Central News
Date: Fri, 19 Dec 2025 13:44:55 +0000
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AI Threatens to Displace Workers, Bank of England’s Bailey Warns
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Description: Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …
Full content: Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …
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Category: International & Reinsurance News
Date: Fri, 19 Dec 2025 13:20:24 +0000
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Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials
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Description: In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …
Full content: In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …
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Category: International & Reinsurance News
Date: Fri, 19 Dec 2025 12:57:12 +0000
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British Regulator Cracks Down on Home, Travel Insurers
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Description: Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority …
Full content: Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority …
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Category: International & Reinsurance News
Date: Fri, 19 Dec 2025 11:35:54 +0000
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India’s Big-Bang Financial Reforms Target Foreign Money
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Description: India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
Full content: India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
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Category: International & Reinsurance News
Date: Fri, 19 Dec 2025 11:17:34 +0000
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Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status
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Description: Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
Full content: Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
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Category: International & Reinsurance News
Date: Fri, 19 Dec 2025 10:11:01 +0000
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Tesla Door Safety Issues Have Owners Buying Car Escape Tools
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Description: Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.
Full content: Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.
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Category: National News
Date: Fri, 19 Dec 2025 06:33:23 +0000
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Odometer Fraud Sees 14% Jump in the Past Year
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Description: An estimated 2.45 million cars on the road likely have their odometers rolled back, 14 percent more than last year, according to vehicle history provider CARFAX. There was just a 4 percent increase between 2023 and 2024. “Odometer rollbacks occur …
Full content: An estimated 2.45 million cars on the road likely have their odometers rolled back, 14 percent more than last year, according to vehicle history provider CARFAX. There was just a 4 percent increase between 2023 and 2024. “Odometer rollbacks occur …
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Category: National News
Date: Fri, 19 Dec 2025 06:32:14 +0000
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UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges
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Description: UPS stole tens of millions of dollars in pay from seasonal workers who help the shipping giant deliver packages during the busy holiday season, forcing some to clock in well after their shifts started and deducting pay for lunch breaks …
Full content: UPS stole tens of millions of dollars in pay from seasonal workers who help the shipping giant deliver packages during the busy holiday season, forcing some to clock in well after their shifts started and deducting pay for lunch breaks …
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Category: East News
Date: Fri, 19 Dec 2025 06:12:10 +0000
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Higginbotham Adds Energy Sector Specialty Firm in Georgia
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Description: Higginbotham, ranked as one of the top-20 largest independent insurance brokerages in the U.S., has continued its growth with the addition of Charter Energy, a specialty insurance brokerage in Atlanta. Charter was founded in 1986 by Pete Lunati and is …
Full content: Higginbotham, ranked as one of the top-20 largest independent insurance brokerages in the U.S., has continued its growth with the addition of Charter Energy, a specialty insurance brokerage in Atlanta. Charter was founded in 1986 by Pete Lunati and is …
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Category: Southeast News
Date: Fri, 19 Dec 2025 06:02:01 +0000
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People Moves: Siry Joins Patriot Growth; Starkweather & Shepley Names Zito
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Description: Siry Joins Patriot Growth Insurance Services as COO Patriot Growth Insurance Services LLC, headquartered in Fort Washington, Pennsylvania, appointed Darryl Siry as chief operating officer (COO). Siry has over 25 years of experience leading technology, operations and growth initiatives across …
Full content: Siry Joins Patriot Growth Insurance Services as COO Patriot Growth Insurance Services LLC, headquartered in Fort Washington, Pennsylvania, appointed Darryl Siry as chief operating officer (COO). Siry has over 25 years of experience leading technology, operations and growth initiatives across …
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Category: East News
Date: Fri, 19 Dec 2025 06:00:58 +0000
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X Corp. Sues Virginia Social Media Startup Over Bid to Claim ‘Twitter’ Brand
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Description: Elon Musk’s X Corp. sued a startup on Tuesday after it sought to cancel X’s Twitter trademarks so it can “bring Twitter back” as a new social media platform. X said in the lawsuit in Delaware federal court that its …
Full content: Elon Musk’s X Corp. sued a startup on Tuesday after it sought to cancel X’s Twitter trademarks so it can “bring Twitter back” as a new social media platform. X said in the lawsuit in Delaware federal court that its …
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Category: East News
Date: Fri, 19 Dec 2025 06:00:56 +0000
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Contractor Again Exposed Workers to Cave-In, Excavation Hazards: OSHA
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Description: The Occupational Safety and Health Administration reported that it has again cited an Easton, Connecticut concrete and earthwork contractor for willfully failing to protect workers from cave-in and excavation hazards OSHA has proposed more than $1.2 million in fines after …
Full content: The Occupational Safety and Health Administration reported that it has again cited an Easton, Connecticut concrete and earthwork contractor for willfully failing to protect workers from cave-in and excavation hazards OSHA has proposed more than $1.2 million in fines after …
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Category: East News
Date: Fri, 19 Dec 2025 06:00:38 +0000
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California Cuts PG&E’s and Edison’s Profits for Grid Investments
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Description: California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills. Related: Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes The move Thursday by the …
Full content: California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills. Related: Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes The move Thursday by the …
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Category: West News
Date: Fri, 19 Dec 2025 06:00:31 +0000
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California Commissioner Orders Moratorium on Cancellations Over Pack Fire
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Description: Insurance Commissioner Ricardo Lara ordered a mandatory one-year moratorium to prevents homeowners’ insurance cancellations and non-renewals for Pack Fire victims following an emergency declaration. Lara ordered insurers to preserve residential property insurance coverage for more than 14,800 policyholders affected by …
Full content: Insurance Commissioner Ricardo Lara ordered a mandatory one-year moratorium to prevents homeowners’ insurance cancellations and non-renewals for Pack Fire victims following an emergency declaration. Lara ordered insurers to preserve residential property insurance coverage for more than 14,800 policyholders affected by …
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Category: West News
Date: Fri, 19 Dec 2025 06:00:31 +0000
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Davis & Towle Adds Keene Agency to Its New Hampshire Group
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Description: Davis & Towle Insurance Group, a large New Hampshire independent insurance agency, now has 13 agency locations in its group across the state with the addition of The Insurance Source. The Insurance Source in Keene has served the Greater Monadnock …
Full content: Davis & Towle Insurance Group, a large New Hampshire independent insurance agency, now has 13 agency locations in its group across the state with the addition of The Insurance Source. The Insurance Source in Keene has served the Greater Monadnock …
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Category: East News
Date: Fri, 19 Dec 2025 06:00:28 +0000
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AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir
Author: Chad Hemenway
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Description: American International Group (AIG) said it has teamed up with specialty insurer Amwins and asset manager Blackstone to launch a Lloyd’s syndicate, using its relationship with Palantir to assist in assessing the portfolio. AIG said Syndicate 2479 will start underwriting …
Full content: American International Group (AIG) said it has teamed up with specialty insurer Amwins and asset manager Blackstone to launch a Lloyd’s syndicate, using its relationship with Palantir to assist in assessing the portfolio. AIG said Syndicate 2479 will start underwriting …
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Category: International & Reinsurance News
Date: Fri, 19 Dec 2025 01:31:21 +0000
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Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather
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Description: Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, …
Full content: Apollo Global Management Inc. is building out its risk review process to reflect the impact on asset valuations of extreme weather. The decision comes amid a rise in the damage done to physical assets by floods, storms and wildfires. Apollo, …
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Category: National News
Date: Thu, 18 Dec 2025 16:51:19 +0000
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Vantage Group to Be Acquired by Ackman-Backed Howard Hughes Holdings for $2.1B
Author: L.S. Howard
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Description: Vantage Group Holdings Ltd., the privately held specialty re/insurer, has entered into a definitive agreement to be acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The Vantage deal, which is expected to close in the second quarter …
Full content: Vantage Group Holdings Ltd., the privately held specialty re/insurer, has entered into a definitive agreement to be acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The Vantage deal, which is expected to close in the second quarter …
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Category: International & Reinsurance News
Date: Thu, 18 Dec 2025 16:44:03 +0000
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Former National General Loss Rep and Mom Charged With Fake Claims Scam
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Description: A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer. Horace Kelly, 40, and his mom, Greta …
Full content: A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer. Horace Kelly, 40, and his mom, Greta …
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Category: Southeast News
Date: Thu, 18 Dec 2025 16:39:23 +0000
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Iowa AG Sues Roblox for Allegedly Failing to Protect Kids on Gaming Platform
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Description: Attorney General Brenna Bird announced she has sued the online gaming company Roblox for allegedly failing to take necessary steps to protect Iowa kids from sexual exploitation, facilitating distribution of child sex abuse material, and failing to warn Iowa parents …
Full content: Attorney General Brenna Bird announced she has sued the online gaming company Roblox for allegedly failing to take necessary steps to protect Iowa kids from sexual exploitation, facilitating distribution of child sex abuse material, and failing to warn Iowa parents …
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Category: Midwest News
Date: Thu, 18 Dec 2025 15:50:35 +0000
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Munich Re Offers Geothermal Risk Insurance in State-Backed Drive
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Description: Insurer Munich Re and Germany’s KfW Development Bank are introducing a state-backed program to mitigate the financial risk of geothermal drilling and encourage exploration for the renewable heat and power source. Geothermal power is an abundant energy source that can …
Full content: Insurer Munich Re and Germany’s KfW Development Bank are introducing a state-backed program to mitigate the financial risk of geothermal drilling and encourage exploration for the renewable heat and power source. Geothermal power is an abundant energy source that can …
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Category: International & Reinsurance News
Date: Thu, 18 Dec 2025 15:32:27 +0000
Local date: Thu, 18 Dec 2025 15:32:27 +0000
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