Full content: Liberty Mutual Group Inc.’s asset-management arm agreed to back Ara Partners’ infrastructure and energy strategies, in the latest partnership between an insurer and an alternative investment firm. The collaboration includes an anchor commitment to Ara’s new energy fund as well …

Full content: President Donald Trump threatened to block the opening of a new bridge that connects Michigan and Ontario until the US was given compensation and ownership of half of it, saying he’d start negotiations immediately. “I will not allow this bridge …

Full content: Greece and Malta have emerged as the main obstacle to a European Union proposal to replace a Russian oil price cap with a ban on the services needed to ship the fuel. The two southern European countries raised concerns about …

Full content: American International Group announced on Friday it has completed the acquisitions of strategic minority ownership stakes in Convex Group Ltd., a privately held, global specialty re/insurer, and Onex Corp., a publicly traded global asset manager. AIG acquired an approximately 35% …

Full content: Insurance Journal’s Risky Future series is hosting the “AI Tools for Aerial and Geospatial Intelligence” Demo Day, a series of free AI tool demonstrations designed exclusively for carriers, MGAs, claims professionals, underwriters, risk managers and more. Focused on advanced property …

Full content: Two-thirds of nurses who walked out of major hospitals in New York City a month ago have reached preliminary agreements with their employers and may end the strike this week, the union representing 15,000 striking nurses said on Monday. The …

Full content: US insurance broker stocks were pummeled Monday as the launch of an artificial intelligence tool from privately held online insurance shopping platform Insurify sparked fears about the industry facing disruption. The S&P 500 Insurance index closed down 3.9%, in its …

Full content: South Korean officials blamed a massive data leak last year at Coupang on management failure, rather than a sophisticated cyberattack, and urged the e-commerce giant to fix vulnerabilities in its security systems. Announcing the first findings of a government-led probe, …

Full content: China’s Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March 16, …

Full content: Verisk, headquartered in Jersey City, New Jersey, named Steven Kauderer president of its claims solutions business. He reports to Lee Shavel, president and CEO of Verisk. Most recently, Kauderer was a senior partner at EY-Parthenon, where he built and led …

Full content: Rhode Island-based Beacon Mutual Insurance Co. has experienced a ransomware attack and is in the process of determining what information and persons may have been affected. The workers’ compensation insurer said it received an alert on January 14, 2026, regarding …

Full content: Chevron Corp. acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude oil on the 22,000-acre property. The sale of Ashley Watt’s Antina Ranch …

Full content: States in the U.S. West are grappling with an unusually warm, arid winter that is ramping up fire risk in some areas, driving utilities to take drastic precautions, including sometimes shutting off the power in a bid to keep their …

Full content: Diessner Promoted to President of Kraus-Anderson Insurance Jonathan Diessner has been promoted to president of Kraus-Anderson Insurance, one of Minnesota’s largest privately held independent insurance agencies and a member of the Kraus-Anderson family of companies, providing construction, real estate, risk …