People Moves: Ryan Specialty Underwriting Managers Names Anthony President of US Assure; CRC Group Adds to Specialty Team
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Description: Ryan Specialty Underwriting Managers Appoints Anthony President of US Assure Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, appointed Amber Anthony as president of US Assure. Anthony will continue to oversee marketing, sales and distribution in …
Full content: Ryan Specialty Underwriting Managers Appoints Anthony President of US Assure Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, appointed Amber Anthony as president of US Assure. Anthony will continue to oversee marketing, sales and distribution in …
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Category: National News
Date: Thu, 07 May 2026 06:08:47 +0000
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Lawyers, Traders Among 30 Charged in Global Insider Trading Case
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Description: Federal prosecutors on Wednesday announced that 30 people, including corporate lawyers and financial professionals, have been indicted in connection with an insider trading scheme that relied on information about mergers stolen from major law firms. Nineteen people were arrested, including …
Full content: Federal prosecutors on Wednesday announced that 30 people, including corporate lawyers and financial professionals, have been indicted in connection with an insider trading scheme that relied on information about mergers stolen from major law firms. Nineteen people were arrested, including …
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Category: National News
Date: Thu, 07 May 2026 05:19:43 +0000
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Ultimate Guide to Travel Insurance for Complex Times
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Description: John Popovics thought he’d done everything right. Earlier this year the University of Illinois at Urbana-Champaign civil engineering professor was planning a trip to Riyadh, Saudi Arabia, to take part in a National Science Foundation workshop. Because the costs were …
Full content: John Popovics thought he’d done everything right. Earlier this year the University of Illinois at Urbana-Champaign civil engineering professor was planning a trip to Riyadh, Saudi Arabia, to take part in a National Science Foundation workshop. Because the costs were …
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Category: National News
Date: Thu, 07 May 2026 05:02:51 +0000
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Kentucky DOI Posts Local Premium Tax Schedule for 2026-2027
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Description: The Kentucky Department of Insurance recently posted the local government premium tax schedule for 2026-2027, showing tax rates and fees for more than 400 cities, towns and counties. The tax rate varies considerably from one local jurisdiction to another, the …
Full content: The Kentucky Department of Insurance recently posted the local government premium tax schedule for 2026-2027, showing tax rates and fees for more than 400 cities, towns and counties. The tax rate varies considerably from one local jurisdiction to another, the …
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Category: Southeast News
Date: Thu, 07 May 2026 05:02:04 +0000
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States Across Wildfire-Prone West Are Using AI for Early Detection
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Description: On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of …
Full content: On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of …
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Category: West News
Date: Thu, 07 May 2026 05:00:57 +0000
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Man Sentenced for Commercial Learner’s Permit Cheating Scam Using Bluetooth
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Description: A Boston man was sentenced in federal court for surreptitiously providing answers to exam questions for a person seeking a commercial learner’s permit (CLP). In Massachusetts, a permit is required before obtaining a commercial driver’s license. Frank Castro was indicted …
Full content: A Boston man was sentenced in federal court for surreptitiously providing answers to exam questions for a person seeking a commercial learner’s permit (CLP). In Massachusetts, a permit is required before obtaining a commercial driver’s license. Frank Castro was indicted …
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Category: East News
Date: Thu, 07 May 2026 05:00:56 +0000
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White House Prepares Order to Boost AI Security, Says Economic Advisor
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Description: The White House is looking into an executive order that would create a vetting system for new artificial intelligence models like Anthropic PBC’s Mythos in a bid to protect business and government networks from AI-related cyber risks, a top economic …
Full content: The White House is looking into an executive order that would create a vetting system for new artificial intelligence models like Anthropic PBC’s Mythos in a bid to protect business and government networks from AI-related cyber risks, a top economic …
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Category: National News
Date: Thu, 07 May 2026 05:00:51 +0000
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JPMorgan Tried to Settle Sexual Assault Claims Before Lawsuit: Spokesperson
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Description: JPMorgan Chase tried to reach a settlement with a former investment banker before he filed a lawsuit recently making sexual assault and harassment claims, a bank spokesperson said on Wednesday. The largest U.S. bank offered $1 million to settle the …
Full content: JPMorgan Chase tried to reach a settlement with a former investment banker before he filed a lawsuit recently making sexual assault and harassment claims, a bank spokesperson said on Wednesday. The largest U.S. bank offered $1 million to settle the …
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Category: East News
Date: Thu, 07 May 2026 05:00:28 +0000
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Slide Insurance Expands Homeowners Coverage to California
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Description: Slide Insurance Holdings Inc. is expanding into California with a residential property excess and surplus lines program. The company said its entry into the California market us consistent with its strategic timeline. Related: California Taking Action Against State Farm Over …
Full content: Slide Insurance Holdings Inc. is expanding into California with a residential property excess and surplus lines program. The company said its entry into the California market us consistent with its strategic timeline. Related: California Taking Action Against State Farm Over …
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Category: West News
Date: Thu, 07 May 2026 05:00:26 +0000
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People Moves: Pennsylvania Lumbermens Mutual Promotes Leadership Team Members
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Description: Pennsylvania Lumbermens Mutual Insurance Company (PLM), headquartered in Philadelphia, made several executive leadership changes and promotions across the organization. Steve Firko, CPCU, a PLM veteran of over two decades, assumed the role of president. Firko, who has 40 years of …
Full content: Pennsylvania Lumbermens Mutual Insurance Company (PLM), headquartered in Philadelphia, made several executive leadership changes and promotions across the organization. Steve Firko, CPCU, a PLM veteran of over two decades, assumed the role of president. Firko, who has 40 years of …
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Category: East News
Date: Thu, 07 May 2026 05:00:11 +0000
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AIG Set to Exit Corebridge Financial With $710M Stake Sale
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Description: Insurance giant American International Group said on Tuesday it had agreed to sell its remaining stake in life insurance and retirement firm Corebridge Financial, marking the culmination of a five-year separation. Here are some details: AIG has agreed to sell …
Full content: Insurance giant American International Group said on Tuesday it had agreed to sell its remaining stake in life insurance and retirement firm Corebridge Financial, marking the culmination of a five-year separation. Here are some details: AIG has agreed to sell …
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Category: National News
Date: Wed, 06 May 2026 19:47:50 +0000
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People Moves: NCDOI Names Price Deputy Commissioner Over Company Services
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Description: North Carolina’s insurance commissioner has named a financial analysis veteran to the role of senior deputy commissioner, overseeing the Company Services Group at the Department of Insurance. Jessica Price has led financial analysis at NCDOI for 15 years, and before …
Full content: North Carolina’s insurance commissioner has named a financial analysis veteran to the role of senior deputy commissioner, overseeing the Company Services Group at the Department of Insurance. Jessica Price has led financial analysis at NCDOI for 15 years, and before …
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Category: Southeast News
Date: Wed, 06 May 2026 16:47:47 +0000
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People Moves: Brotherhood Mutual Announces Leadership Promotions & Transition; Assurex Global’s Johnson Named SVP, Global Growth Strategy
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Description: Brotherhood Mutual Announces Leadership Promotions & Transition Brotherhood Mutual Insurance Company, headquartered in Fort Wayne, Indiana, made several changes to its executive team. Scott Figgins assumes a new role as senior vice president – integration officer. He previously served as …
Full content: Brotherhood Mutual Announces Leadership Promotions & Transition Brotherhood Mutual Insurance Company, headquartered in Fort Wayne, Indiana, made several changes to its executive team. Scott Figgins assumes a new role as senior vice president – integration officer. He previously served as …
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Category: Midwest News
Date: Wed, 06 May 2026 16:45:41 +0000
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Allianz Commercial Transitions its Standalone Cyber Business to MGA Coalition
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Description: Allianz Commercial announced an agreement which transitions its standalone commercial cyber insurance business to Coalition, the managing general agent and specialist cyber insurer. The agreement establishes Coalition as Allianz’s exclusive global partner for cyber insurance across all commercial segments, combining …
Full content: Allianz Commercial announced an agreement which transitions its standalone commercial cyber insurance business to Coalition, the managing general agent and specialist cyber insurer. The agreement establishes Coalition as Allianz’s exclusive global partner for cyber insurance across all commercial segments, combining …
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Category: International & Reinsurance News
Date: Wed, 06 May 2026 15:25:48 +0000
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Texas Mutual Board Approves $300M Dividend Distribution
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Description: Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced that its board of directors has approved a $300 million general dividend distribution for 2026. This marks the 28th consecutive year Texas Mutual has paid a general …
Full content: Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced that its board of directors has approved a $300 million general dividend distribution for 2026. This marks the 28th consecutive year Texas Mutual has paid a general …
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Category: Texas / South Central News
Date: Wed, 06 May 2026 15:13:36 +0000
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Spirit Airlines Shuts Down After 34 Years, Blames Higher Oil Prices
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Description: Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced this week that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily …
Full content: Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced this week that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily …
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Category: Southeast News
Date: Wed, 06 May 2026 15:06:40 +0000
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Fire Destroys Lab Building on University of South Florida Campus
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Description: Firefighters worked through the night to extinguish a blaze at a laboratory on the University of South Florida campus in St. Petersburg and officials said Sunday that the building could be a total loss. The fire Saturday night prompted evacuations …
Full content: Firefighters worked through the night to extinguish a blaze at a laboratory on the University of South Florida campus in St. Petersburg and officials said Sunday that the building could be a total loss. The fire Saturday night prompted evacuations …
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Category: Southeast News
Date: Wed, 06 May 2026 14:50:58 +0000
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Business Moves: Howden Acquires Cyber Analytics Firm Cybeta
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Description: Howden announced it has acquired the intellectual property assets of Cybeta, LLC, a cyber data and analytics provider. Terms of the deal were not disclosed. Howden said the acquisition enables the brokerage to provide clients with faster, more precise insight …
Full content: Howden announced it has acquired the intellectual property assets of Cybeta, LLC, a cyber data and analytics provider. Terms of the deal were not disclosed. Howden said the acquisition enables the brokerage to provide clients with faster, more precise insight …
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Category: National News
Date: Wed, 06 May 2026 14:43:26 +0000
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Florida’s Baldwin Group Brokerage Sees Small Q1 Loss After Busy Merger Year
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Description: One quarter after Tampa-headquartered The Baldwin Group purchased CAC Group brokerage and reported a $26 million net loss, the brokerage posted just a $1.9 million loss for Q1 2026. On a per-share basis, Baldwin saw net income of 2 cents. …
Full content: One quarter after Tampa-headquartered The Baldwin Group purchased CAC Group brokerage and reported a $26 million net loss, the brokerage posted just a $1.9 million loss for Q1 2026. On a per-share basis, Baldwin saw net income of 2 cents. …
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Category: Southeast News
Date: Wed, 06 May 2026 14:38:25 +0000
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Pacific Hurricane Season Brings Higher Risk of Impacts for Hawaii, SoCal, Mexico
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Description: Exceptionally warm waters and a developing El Niño will increase the risk of direct hurricane impacts in Hawaii, Southern California and parts of Mexico this year, according to an AccuWeather analysis out on Wednesday. The forecast shows the Eastern and …
Full content: Exceptionally warm waters and a developing El Niño will increase the risk of direct hurricane impacts in Hawaii, Southern California and parts of Mexico this year, according to an AccuWeather analysis out on Wednesday. The forecast shows the Eastern and …
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Category: West News
Date: Wed, 06 May 2026 13:32:43 +0000
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SEC Rule to End Biden-Era Climate Policy Sent to White House
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Description: The White House is reviewing a proposal from the Securities and Exchange Commission to formally end Biden-era climate disclosure rules for publicly-traded companies. The regulator sent the measure to the White House’s Office of Management and Budget for review on …
Full content: The White House is reviewing a proposal from the Securities and Exchange Commission to formally end Biden-era climate disclosure rules for publicly-traded companies. The regulator sent the measure to the White House’s Office of Management and Budget for review on …
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Category: National News
Date: Wed, 06 May 2026 13:30:26 +0000
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Pennsylvania Sues Character AI, Says Chatbot Poses as Doctors
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Description: Pennsylvania has sued the artificial intelligence company behind Character.AI to stop its chatbot from posing as doctors. Governor Josh Shapiro on Tuesday called the lawsuit against Character Technologies the first of its kind by a U.S. governor. It followed the …
Full content: Pennsylvania has sued the artificial intelligence company behind Character.AI to stop its chatbot from posing as doctors. Governor Josh Shapiro on Tuesday called the lawsuit against Character Technologies the first of its kind by a U.S. governor. It followed the …
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Category: East News
Date: Wed, 06 May 2026 13:27:04 +0000
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Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case
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Description: Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake in the social media company. An Elon Musk revocable trust would …
Full content: Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake in the social media company. An Elon Musk revocable trust would …
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Category: National News
Date: Wed, 06 May 2026 12:21:53 +0000
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Insurance Distribution Associations Unite to Form New Industry Advisory Council
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Description: ACORD, the global standards-setting body for the insurance industry, announced the formation of the ACORD Inter-Association Advisory Council (IAAC). IAAC is a coalition of North American property/casualty associations representing independent agents, brokers, and intermediaries across the North American distribution channel. …
Full content: ACORD, the global standards-setting body for the insurance industry, announced the formation of the ACORD Inter-Association Advisory Council (IAAC). IAAC is a coalition of North American property/casualty associations representing independent agents, brokers, and intermediaries across the North American distribution channel. …
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Category: National News
Date: Wed, 06 May 2026 12:01:42 +0000
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Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts
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Description: Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to file class action lawsuits in state courts — a shift advocates say would expand access to justice, but one that …
Full content: Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to file class action lawsuits in state courts — a shift advocates say would expand access to justice, but one that …
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Category: East News
Date: Wed, 06 May 2026 11:36:28 +0000
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Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW
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Description: Specialty insurance market rates declined in 2025 and during the January 1, 2026 renewals, with the pace of change exceeding expectations, according to WTW’s Specialty Insurance Marketplace Survey (SIMS). Data from the January 1 renewals and new business point to …
Full content: Specialty insurance market rates declined in 2025 and during the January 1, 2026 renewals, with the pace of change exceeding expectations, according to WTW’s Specialty Insurance Marketplace Survey (SIMS). Data from the January 1 renewals and new business point to …
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Category: International & Reinsurance News
Date: Wed, 06 May 2026 10:24:18 +0000
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Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix
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Description: Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, …
Full content: Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, …
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Category: International & Reinsurance News
Date: Wed, 06 May 2026 09:05:34 +0000
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Fatal 2022 China Plane Crash Points to Midflight Fuel Cutoff
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Description: The China Eastern Airlines Corp. jetliner that plummeted into a hillside in 2022, killing all 132 people on board, had its fuel supply cut during the flight, newly released investigative material shows, supporting the theory that the aircraft was intentionally …
Full content: The China Eastern Airlines Corp. jetliner that plummeted into a hillside in 2022, killing all 132 people on board, had its fuel supply cut during the flight, newly released investigative material shows, supporting the theory that the aircraft was intentionally …
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Category: International & Reinsurance News
Date: Wed, 06 May 2026 08:42:47 +0000
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Crew Rescued After Cargo Ship Sinks Off Greece, Coast Guard Says
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Description: Greece has rescued all nine crew members, eight Turkish and one Azerbaijani, of a cargo ship that hit rocks and sank off the island of Andros early on Wednesday, a Greek coast guard official said. The Vanuatu-flagged freighter had left …
Full content: Greece has rescued all nine crew members, eight Turkish and one Azerbaijani, of a cargo ship that hit rocks and sank off the island of Andros early on Wednesday, a Greek coast guard official said. The Vanuatu-flagged freighter had left …
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Category: International & Reinsurance News
Date: Wed, 06 May 2026 08:03:25 +0000
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Trump Administration Seeks to Stop Minnesota Lawsuit Against Oil Companies
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Description: President Donald Trump’s administration moved Monday to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies and a petroleum trade group deceived state residents about climate change. The U.S. Department of Justice, the administration’s law enforcement …
Full content: President Donald Trump’s administration moved Monday to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies and a petroleum trade group deceived state residents about climate change. The U.S. Department of Justice, the administration’s law enforcement …
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Category: Midwest News
Date: Wed, 06 May 2026 08:00:04 +0000
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