Full content: Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying Western sanctions on …

Full content: Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relationships, simplifying the producer engagement process, …

Full content: Hackers had near-constant access to some of Coinbase Global Inc.’s most valuable customer data since January, according to a person familiar with the incident who asked not to be named discussing company matters. The largest US crypto exchange disclosed earlier …

Full content: David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25% under current cost-sharing levels. Richardson, who took the …

Full content: Rep. Scott Fitzgerald today reintroduced a bill to eliminate the subpoena power of the Federal Insurance Office (FIO). The Insurance Data Protection Act was first presented by Fitzgerald, R-Wis., to the U.S. House of Representatives in September 2023. “FIO’s recent …

Full content: Coterie, a small business MGA, announced it is relocating its headquarters from Cincinnati to Appleton, Wisconsin. Coterie said relocating the company’s headquarters to Appleton provides a reduction in operational costs and improved efficiencies. Coterie said it will realize an immediate …

Full content: A defamation lawsuit filed by retired NFL quarterback Brett Favre against Mississippi Auditor Shad White for his comments on a welfare scandal will move forward after Mississippi’s Supreme Court on Thursday denied White’s appeal to dismiss the lawsuit. “The facts …

Full content: Birmingham-based CRC Group, a wholesale and specialty insurance broker, announced new hires in underwriting and company leadership. JV Franks, with some 25 years in the insurance brokerage business, was named underwriting team leader, based in New Orleans. Prior to joining …

Full content: Tampa-based Slide Insurance announced it has finalized a $250 million catastrophe bond through Purple Re Ltd., expanding Slide’s hurricane protection in Florida and South Carolina. “Securing cat bonds over the past couple of years and building our reinsurance tower has …

Full content: Coinbase Global Inc. said hackers bribed contractors or employees outside the US to steal sensitive customer data and demanded a $20 million ransom, in one of the most high-profile security breaches of a crypto trading platform. The largest US crypto …

Full content: Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer unhappiness around the marketing of one version of its car. Orders for Xiaomi’s SU7 sedan plunged to around 36,000 units …

Full content: With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry’s aggregate 2024 combined ratio was 96.5—marking the lowest figure since 2013, a new report shows. Fine-tuning a slightly higher industry aggregate …

Full content: Inland marine managing general underwriter TIMBY Specialty Insurance Solutions launched its Warehouse Legal Liability Coverage, a product specifically for public and contract warehouses that handle third-party property. With limits up to $5 million per location, WHLL offers options covering additional …

Full content: Paul Roberts joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Boston, Massachusetts, the consultant has expertise in employee benefits, risk management and retirement consulting to service a diverse national …