Full content: Israel struck the historic port city of Tyre in southern Lebanon on Tuesday, killing at least eight people, in an escalation that adds strain to efforts to broker a peace deal to end the wider Middle East war. On Monday, …

Full content: NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, announced the acquisition of certain assets of Signature Personal Insurance, LLC (SPI), a Greater Kansas City, Kansas-based independent personal lines agency specializing in high-net-worth clients. Roper …

Full content: This edition of International People Moves details appointments at the broker Miller Bermuda and Lloyd’s insurer Tokio Marine Kiln (TMK). A summary of these new hires follows here. Miller Bermuda Taps Stubbings From McGill and Partners as Chairman Miller, the …

Full content: China-linked hackers posed the biggest espionage threat to technology companies over the past year, CrowdStrike, a cybersecurity firm, said in a report published on June 9, amid surging investment in artificial intelligence. The hacking campaigns align with the Chinese government’s …

Full content: India’s ship safety certifier is taking a tougher stance on vessels involved in evading international trade sanctions, by canceling the certification of more than 200 tankers and other ships since 2023, the head of the agency told Reuters. The Indian …

Full content: When USAA announced nearly $4 billion in policyholder dividends in December last year, the military insurer cited its financial discipline and the proactive steps of members to prevent losses among reasons for the payout. This week, USAA announced another forthcoming …

Full content: Pacific Gas and Electric Co. may cut power in parts of eight counties in California this week due to risks that its equipment could cause wildfires. The utility on Monday warned that some parts of Colusa, Glenn, Lake, Napa, Sonoma, …

Full content: Insurance Journal’s Risky Future series is hosting the “AI Tools for Retail Agents” Demo Day, a series of free AI tool demonstrations designed exclusively for retail insurance agencies, agency principals, sales leaders, operational teams and more. This event spotlights AI …

Full content: Lenders that mis-sold car finance would risk spending £6 billion ($8 billion) more if they reject the official compensation program and try to deal instead with individual complaints, the UK’s Financial Conduct Authority warned. Without the compensation scheme that was …

Full content: The US Supreme Court reinforced the Securities and Exchange Commission’s power to recover illegal profits in a case that centered on one of the agency’s most potent enforcement tools. The justices ruled unanimously Thursday that SEC doesn’t have to show …

Full content: A new United Nations assessment of ocean health documents a “deepening crisis” as climate change, pollution, overfishing, and biodiversity loss threaten marine ecosystems crucial to human survival. The result is rising sea levels, acidifying seas, dying coral reefs and declining …

Full content: A federal judge won’t disturb a $256 million jury verdict in a long-running libel and RICO lawsuit against a plaintiffs’ lawyer who had charged an Alabama coal company with human rights abuses in Colombia. “Defendants’ claim that the jury was …

Full content: Alliant Insurance Services launched a new line of business to address what the firm sees as a growing convergence of retirement consulting and wealth management. Retirement & Wealth at Alliant is designed to link institutional retirement plan relationships with individual …

Full content: Willis, a WTW business, announced the expansion of its international property facility, now able to offer up to US$60 million of follow capacity per placement. The facility’s expanded lead panel of Lloyd’s syndicates is able to quote competitively across a …