FAA Admits Faulure to Act on Warnings Before Jet-Copter Collision That Killed 67 People
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Description: The head of the Federal Aviation Administration will tell Congress on Tuesday the agency failed to act on warnings prior to the January 2025 fatal collision between an American Airlines regional jet and an Army helicopter that killed 67 people …
Full content: The head of the Federal Aviation Administration will tell Congress on Tuesday the agency failed to act on warnings prior to the January 2025 fatal collision between an American Airlines regional jet and an Army helicopter that killed 67 people …
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Category: East News
Date: Mon, 18 May 2026 21:54:06 +0000
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Michigan Secures $108M Settlement With Monsanto for PCB Contamination
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Description: Michigan Attorney General Dana Nessel has secured a $108 million settlement with Monsanto Company (PDF), the major manufacturer of polychlorinated biphenyls (PCBs), and affiliated companies Solutia Inc. and Pharmacia LLC to address harms from PCB contamination in the State of …
Full content: Michigan Attorney General Dana Nessel has secured a $108 million settlement with Monsanto Company (PDF), the major manufacturer of polychlorinated biphenyls (PCBs), and affiliated companies Solutia Inc. and Pharmacia LLC to address harms from PCB contamination in the State of …
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Category: Midwest News
Date: Mon, 18 May 2026 16:50:39 +0000
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Business Moves: Vienna Insurance Purchases Nuernberger; Liberty Mutual Raises Stake in India Unit; Aon’s NFP Buys Irish Private Wealth Specialist; Gallagher Buys UK Law Firm
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Description: During this month, two insurers and two brokers have announced acquisitions in India and Europe. Details of these deals follow. Vienna Insurance Group Completes Purchase of Germany’s Nuernberger Vienna Insurance Group (VIG) has completed its acquisition of Nuernberger Beteiligungs AG …
Full content: During this month, two insurers and two brokers have announced acquisitions in India and Europe. Details of these deals follow. Vienna Insurance Group Completes Purchase of Germany’s Nuernberger Vienna Insurance Group (VIG) has completed its acquisition of Nuernberger Beteiligungs AG …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 16:44:48 +0000
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Inszone Acquires Florida’s Coastal Insurance, Shepherd Moves to New Bradenton Office
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Description: California-headquartered Inszone Insurance Services has continued its hot streak of acquisitions with the purchase of Coastal Insurance Services in Florida and affiliated Optimal Insurance Solutions. The acquisition marks Inszone’s first step into the Florida market, the company said in a …
Full content: California-headquartered Inszone Insurance Services has continued its hot streak of acquisitions with the purchase of Coastal Insurance Services in Florida and affiliated Optimal Insurance Solutions. The acquisition marks Inszone’s first step into the Florida market, the company said in a …
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Category: Southeast News
Date: Mon, 18 May 2026 16:33:28 +0000
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It’s a Good Thing? Martha Stewart to Get Into Home Insurance With Hint
Author: Chad Hemenway
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Description: Hint, a self-described “home management platform,” has launched with a $10 million seed round of funding and the original influencer of all things having to do with the home living. Well-known multimedia mogul and businesswoman Martha Stewart has co-founded Hint …
Full content: Hint, a self-described “home management platform,” has launched with a $10 million seed round of funding and the original influencer of all things having to do with the home living. Well-known multimedia mogul and businesswoman Martha Stewart has co-founded Hint …
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Category: National News
Date: Mon, 18 May 2026 15:14:40 +0000
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Investigation Launched into Fatal Small Plane Crash in Northeast Ohio
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Description: An investigation began Friday into what caused a small plane to crash into a house in northeast Ohio and explode into flames, killing both pilots aboard. The National Transportation Safety Board was leading the review in Akron, alongside the Federal …
Full content: An investigation began Friday into what caused a small plane to crash into a house in northeast Ohio and explode into flames, killing both pilots aboard. The National Transportation Safety Board was leading the review in Akron, alongside the Federal …
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Category: Midwest News
Date: Mon, 18 May 2026 15:11:06 +0000
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Defense Department Delays Texas Wind Projects, Citing National Security Concerns
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Description: Dozens of wind projects in Texas are in limbo after the U.S. Department of Defense paused issuing routine federal permits citing national security concerns, a move that experts say expands the Trump administration’s crusade against wind energy. According to data …
Full content: Dozens of wind projects in Texas are in limbo after the U.S. Department of Defense paused issuing routine federal permits citing national security concerns, a move that experts say expands the Trump administration’s crusade against wind energy. According to data …
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Category: Texas / South Central News
Date: Mon, 18 May 2026 15:08:27 +0000
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Texas Chick-fil-A Franchisee Sued for Religious Discrimination
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Description: Hatch Trick, Inc., a Chick-fil-A franchisee operating multiple locations in Austin, Texas violated federal law by refusing to reasonably accommodate an employee’s request to refrain from working on Saturdays in observance of her Sabbath day and instead fired her, the …
Full content: Hatch Trick, Inc., a Chick-fil-A franchisee operating multiple locations in Austin, Texas violated federal law by refusing to reasonably accommodate an employee’s request to refrain from working on Saturdays in observance of her Sabbath day and instead fired her, the …
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Category: Texas / South Central News
Date: Mon, 18 May 2026 15:03:55 +0000
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CopperPoint Insurance to Acquire Surety Specialist General Indemnity Group
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Description: Boston-based General Indemnity Group (GIG), an insurance holding company specializing in commercial and contract surety, announced that it has agreed to be acquired by CopperPoint Insurance Co., a workers’ compensation and commercial insurance provider based in Phoenix. The transaction includes …
Full content: Boston-based General Indemnity Group (GIG), an insurance holding company specializing in commercial and contract surety, announced that it has agreed to be acquired by CopperPoint Insurance Co., a workers’ compensation and commercial insurance provider based in Phoenix. The transaction includes …
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Category: East News
Date: Mon, 18 May 2026 14:44:05 +0000
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Miami Condo Developer Kapoor Changes Plea to Guilty in $89 Million Fraud Case
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Description: A prominent Miami real estate developer who once hired the city’s mayor as a $10,000-a-month consultant has pleaded guilty to money laundering and payroll-tax charges in a $89 million fraud scheme. Rishi Kapoor, who once led Location Ventures and URBIN …
Full content: A prominent Miami real estate developer who once hired the city’s mayor as a $10,000-a-month consultant has pleaded guilty to money laundering and payroll-tax charges in a $89 million fraud scheme. Rishi Kapoor, who once led Location Ventures and URBIN …
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Category: Southeast News
Date: Mon, 18 May 2026 14:32:01 +0000
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Half of Pilots Killed in US Accidents Tested Positive for Drugs
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Description: More than half of pilots killed in US civil aviation accidents between 2018 and 2022 tested positive for at least one drug, the US National Transportation Safety Board said in a report published May 14. Of the 984 pilots who …
Full content: More than half of pilots killed in US civil aviation accidents between 2018 and 2022 tested positive for at least one drug, the US National Transportation Safety Board said in a report published May 14. Of the 984 pilots who …
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Category: National News
Date: Mon, 18 May 2026 14:01:47 +0000
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Denver Runway Fatality Reveals a Weakness in Airport Security
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Description: In less than three minutes, an intruder exploited a security gap at one of the nation’s busiest airports and stepped into the path of an airplane hurtling down a Colorado runway with 231 people aboard. The 41-year-old man slipped unnoticed …
Full content: In less than three minutes, an intruder exploited a security gap at one of the nation’s busiest airports and stepped into the path of an airplane hurtling down a Colorado runway with 231 people aboard. The 41-year-old man slipped unnoticed …
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Category: West News
Date: Mon, 18 May 2026 13:25:39 +0000
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US Sees 27% Increase in Product Recalls in Q1, Report Shows
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Description: U.S. product recall activity remained elevated in the first quarter 2026, a new report shows. Sedgwick’s latest U.S. recall report shows the volume of defective products recalled across five U.S. industries rose 27% quarter-over-quarter to 492 million units in the …
Full content: U.S. product recall activity remained elevated in the first quarter 2026, a new report shows. Sedgwick’s latest U.S. recall report shows the volume of defective products recalled across five U.S. industries rose 27% quarter-over-quarter to 492 million units in the …
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Category: National News
Date: Mon, 18 May 2026 13:14:02 +0000
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34,000 PG&E Customers Without Power on California Fire Risk
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Description: More than 34,000 homes and businesses remain without power across PG&E Corp.’s service area after a weekend outage due in part to dry and windy conditions that raised the risk of wild fires. There were 659 outages impacting 34,322 customers …
Full content: More than 34,000 homes and businesses remain without power across PG&E Corp.’s service area after a weekend outage due in part to dry and windy conditions that raised the risk of wild fires. There were 659 outages impacting 34,322 customers …
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Category: West News
Date: Mon, 18 May 2026 13:04:28 +0000
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Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait
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Description: Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news agency reported, citing documents obtained from Iran’s Ministry of Economy and Financial Affairs. Dubbed Hormuz Safe, the Iranian …
Full content: Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news agency reported, citing documents obtained from Iran’s Ministry of Economy and Financial Affairs. Dubbed Hormuz Safe, the Iranian …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 12:52:49 +0000
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Justice Department Accuses Yale Medical School of Illegally Using Race in Admissions
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Description: The Justice Department last Thursday accused Yale University of illegally considering race in admissions to its medical school — the second institution to face discrimination allegations by the federal agency this month. In a letter to a lawyer for Yale, …
Full content: The Justice Department last Thursday accused Yale University of illegally considering race in admissions to its medical school — the second institution to face discrimination allegations by the federal agency this month. In a letter to a lawyer for Yale, …
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Category: East News
Date: Mon, 18 May 2026 12:09:29 +0000
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New Virginia Ban on ‘Assault Firearms’ Prompts Lawsuits From Gun-Rights Groups
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Description: Virginia Gov. Abigail Spanberger has signed legislation banning the sale and manufacture of certain semi-automatic firearms, prompting immediate lawsuits from gun-rights groups. The limits on ” assault firearms,” as they are described by the legislation, are among two dozen new …
Full content: Virginia Gov. Abigail Spanberger has signed legislation banning the sale and manufacture of certain semi-automatic firearms, prompting immediate lawsuits from gun-rights groups. The limits on ” assault firearms,” as they are described by the legislation, are among two dozen new …
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Category: East News
Date: Mon, 18 May 2026 12:00:30 +0000
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Ebola’s Silent Spread in Congo Exposes Surveillance Gaps
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Description: A rare Ebola outbreak that may have circulated undetected in northeastern Congo for several weeks is exposing the difficulty of detecting deadly viruses in regions where malaria, typhoid and other fever-causing illnesses are common and health systems are stretched thin. …
Full content: A rare Ebola outbreak that may have circulated undetected in northeastern Congo for several weeks is exposing the difficulty of detecting deadly viruses in regions where malaria, typhoid and other fever-causing illnesses are common and health systems are stretched thin. …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 11:38:33 +0000
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Iran War Saddles Global Companies With $25 Billion Bill – and Counting
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Description: The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies …
Full content: The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 10:35:43 +0000
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EY Pays Over £100 Million to Settle NMC Health Legal Claim
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Description: EY UK has paid more than £100 million ($133 million) to the administrators of NMC Health Plc to settle claims it was negligent in its audits of the failed firm, according to people familiar with the matter. NMC sued EY …
Full content: EY UK has paid more than £100 million ($133 million) to the administrators of NMC Health Plc to settle claims it was negligent in its audits of the failed firm, according to people familiar with the matter. NMC sued EY …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 09:50:53 +0000
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Evergrande Liquidators Seek $8.4 Billion From PwC International in Hong Kong Court
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Description: China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city. Of the total amount, liquidators …
Full content: China Evergrande’s liquidators are seeking 57 billion yuan ($8.4 billion) in their lawsuit against PricewaterhouseCoopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city. Of the total amount, liquidators …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 09:35:43 +0000
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UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says
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Description: British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday. “The cyber capabilities of current frontier AI …
Full content: British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday. “The cyber capabilities of current frontier AI …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 09:19:15 +0000
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Disaster Resilience Investment Has Touched $100 Billion in Asia
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Description: Governments, investors and banks have poured about $100 billion into efforts to handle the effects of climate change in Asia in the past five years, with water and infrastructure projects attracting the majority of the capital. More than 90% of …
Full content: Governments, investors and banks have poured about $100 billion into efforts to handle the effects of climate change in Asia in the past five years, with water and infrastructure projects attracting the majority of the capital. More than 90% of …
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Category: International & Reinsurance News
Date: Mon, 18 May 2026 08:52:29 +0000
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Consumers Sue Amazon for Not Refunding Trump Tariff Costs
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Description: Amazon.com Inc was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later concluded had been unlawfully imposed by President Donald …
Full content: Amazon.com Inc was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later concluded had been unlawfully imposed by President Donald …
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Category: National News
Date: Mon, 18 May 2026 05:20:49 +0000
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Snap, YouTube, TikTok Settle School Suit Targeting Social Media
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Description: Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a …
Full content: Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a …
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Category: National News
Date: Mon, 18 May 2026 05:19:02 +0000
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People Moves: Artificial Labs Appoints Joost to Lead US Expansion; Longbrook Names Sherry Head of Transactional Liability
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Description: Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …
Full content: Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …
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Category: National News
Date: Mon, 18 May 2026 05:08:14 +0000
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Safepoint Exec Pay, Slide’s Stock Sell-Offs Getting Attention in Florida
Author: William Rabb
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Description: When Tampa-headquartered Slide Insurance filed for an initial public offering in June 2025 and disclosed executive compensation topping $40 million, it triggered some sniping and some intense scrutiny of the Florida property insurance industry that continues a year later with …
Full content: When Tampa-headquartered Slide Insurance filed for an initial public offering in June 2025 and disclosed executive compensation topping $40 million, it triggered some sniping and some intense scrutiny of the Florida property insurance industry that continues a year later with …
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Category: Southeast News
Date: Mon, 18 May 2026 05:01:14 +0000
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Study: California Workers’ Comp Claim Costs Continue to Rise
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Description: California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
Full content: California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
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Category: West News
Date: Mon, 18 May 2026 05:00:08 +0000
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Viewpoint: ‘Big Tobacco’ Moment for Cannabis – What to Know About Murray v. Cresco
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Description: A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …
Full content: A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …
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Category: National News
Date: Mon, 18 May 2026 05:00:07 +0000
Local date: Mon, 18 May 2026 05:00:07 +0000
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Maine Mourns 27-Year-Old Firefighter Killed in Lumber Mill Explosion
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Description: A 27-year-old firefighter killed in a huge fire and explosion at a lumber mill in Maine’s midcoast region was honored Saturday, a day after the incident that injured at least 11 others. A memorial of flowers dedicated to Andrew Cross …
Full content: A 27-year-old firefighter killed in a huge fire and explosion at a lumber mill in Maine’s midcoast region was honored Saturday, a day after the incident that injured at least 11 others. A memorial of flowers dedicated to Andrew Cross …
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Category: East News
Date: Sun, 17 May 2026 23:36:09 +0000
Local date: Sun, 17 May 2026 23:36:09 +0000
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