Full content: Due to the rapid evolution of artificial intelligence, data, and analytics, brokers are gaining the ability to treat the risk of each client separately, said Ashley Karg of McGill and Partners. “There’s more opportunity for brokers to embrace individualizing our …

Full content: The numbers aren’t all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on an analysis from S&P Global Market Intelligence that shows Progressive muscling past State Farm. S&P GMI estimates Progressive’s U.S. private …

Full content: Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations of the state’s heavy-duty engine regulations. The settlement resolves allegations that Volvo failed to properly disclose auxiliary emission control devices …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …