Full content: Prime Minister Keir Starmer’s decision last month to let the British military board ships of Russia’s so‑called “shadow fleet” has had no clear impact on the number passing through UK waters, a Reuters analysis shows. In the month after Starmer’s …

Full content: Ascendri Insurance Services, a new managing general agency, has launched to address high-value risks in catastrophe-exposed markets. Starting in California, Ascendri will provide excess & surplus homeowners coverage for homes with insured values up to $10 million, targeting a segment …

Full content: New research studies from the American Medical Association (AMA) reveal many physicians face a significant risk of being sued during their careers. The ever-present risk of lawsuits—even when no error occurred—and high medical liability insurance premiums have contributed to a …

Full content: Purdue Pharma appeared in New Jersey federal court on Tuesday for sentencing on charges of deceiving government regulators and paying kickbacks to doctors to boost opioid sales. The sentencing will complete a plea deal that clears the way for the …

Full content: New Jersey’s insurance and banking regulators on Tuesday defended their push for a roughly 18% hike in their budget for the next fiscal year, a request that comes even as Gov. Mikie Sherrill has said she is seeking to close …

Full content: XPT Specialty hired Travis Hirschi as a producer and branch manager and Kristin Miller as an underwriter in its Salt Lake City, Utah, office. Hirschi and Miller will work with retail agents to support hard-to-place and non-standard commercial risks across …

Full content: A powerful band of thunderstorms threatening softball-sized hail, tornadoes and dangerous winds are menacing Dallas and the US South, grounding hundreds of flights and knocking out power to thousands. As of 3:45 p.m. local time, 278 flights were canceled at …

Full content: Insurance Journal’s Risky Future series is hosting the “Commercial Auto, Telematics & Fleet Risks” Demo Day, a series of free AI tool demonstrations designed exclusively for commercial auto carriers, fleet underwriters, risk managers, brokers and more. This event features vendors …

Full content: A small plane crashed just after taking off from Crystal Airport north of Minneapolis on Saturday, killing a North Dakota state legislator and the pilot, authorities said. North Dakota state Rep. Liz Conmy, of Fargo, was killed in the crash, …

Full content: Sofidel America Corp., an international manufacturer of paper products with a plant in Inola, Oklahoma, will pay $80,000 and furnish other relief to settle a sex discrimination, sexual harassment and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission …

Full content: Ki, the algorithmically powered Lloyd’s digital-follow platform, announced it has added capacity to its platform, allowing brokers to access larger line sizes across six Lloyd’s syndicates. Tokio Marine Kiln (TMK) will become Ki’s fifth capacity partner, utilizing Ki’s technology to …

Full content: Bridge Specialty Group has started a personal lines digital marketplace built on insurance technology provider Cogitate’s DigitalEdge platform. The digital platform is designed to streamline agent quoting, enhance underwriting efficiency, and support scalable expansion of carrier access. As one of …

Full content: North Carolina’s insurance commissioner has negotiated a 10% increase in average rates for dwelling insurance, for rental and non-owner-occupied properties, over the next two years. The North Carolina Rate Bureau, representing property insurers, last fall had filed for a 68% …

Full content: NEWSWISE — The Hayward fault, part of the larger San Andreas fault system, runs 74 miles through the East Bay of the San Francisco Bay Area. The fault is overdue for an earthquake that could cause extensive damage to such …