Full content: BMS Re, the reinsurance arm of independent insurance and reinsurance broker BMS Group, headquartered in New York, appointed Tony Grippa as chief strategy officer for the U.S. business. Grippa will serve on the firm’s U.S. Executive Committee. Grippa will act …

Full content: Credit fund Enosis Capital has sealed an agreement with AXA XL for the insurance giant to provide crucial cover for a new $3 billion wave of “debt-for-nature” deals, the first of which is expected in the next six to nine …

Full content: CRC Group Names DeJesus and Woita to Underwriting Leadership CRC Group hired Joe DeJesus and Austin Woita to its CRC Specialty Underwriting leadership team. DeJesus joined CRC Specialty as an underwriting team leader, based in Sacramento, California. DeJesus has a …

Full content: Broker WTW announced it has completed the acquisition of Newfront, a top 40 U.S. broker combining deep specialty expertise and cutting-edge technology. The acquisition is expected to expand WTW’s middle-market reach in specialties such as technology, fintech, and life sciences. …

Full content: A “sophisticated, criminal cyberattack” is threatening to hold up thousands of home sales in two of London’s richest boroughs. Westminster City Council and the Royal Borough of Kensington and Chelsea have been unable to process local authority searches since November …

Full content: Kin, a direct-to-consumer digital personal lines insurer, announced the launch of auto insurance in Florida and Texas. The auto insurance is currently available as part of a bundle or as a standalone product. Home insurance customers who choose to bundle …

Full content: A Dutch court on Tuesday overturned a 2021 ruling that had classified all Uber drivers as employees, stating that individual drivers can be treated as independent entrepreneurs. The Amsterdam court said six drivers who had joined the rideshare company in …

Full content: WalkerHughes Insurance announced it has acquired Inman Insurance Agency in Salem, Missouri, and Clark Insurance Agency in Ballwin, Missouri. The acquisitions expand WalkerHughes’ presence in Missouri, increasing market density across south-central communities and the St. Louis metropolitan area. Inman Insurance …

Full content: Six people were killed in a single plane crash Sunday night at Bangor International Airport in Maine, according to local officials, correcting what appears to have been a report from the federal government that seven people died. A late Monday …

Full content: A group of 14 European nations have issued an open warning to shadow-fleet tankers in the Baltic and North Seas, raising the stakes for vessels they say are endangering maritime safety. Ships can only sail under the flag of one …

Full content: The offshore wind industry has pledged to invest €9.5 billion ($11.3 billion) in its supply chain by 2030 to help expand capacity in the North Sea as European countries work to turn one of the most famous oil basins into …

Full content: A year ago, the Chinese startup DeepSeek freaked out the stock market with the idea that developing artificial intelligence was much easier and cheaper than everyone imagined. But 12 months later, that’s turned out to be largely a mirage so …

Full content: The U.S. National Transportation Safety Board said on Friday it is opening an investigation into self-driving car company Waymo after its robotaxis illegally passed stopped school buses in Austin, Texas, at least 19 times since the start of the school …

Full content: Nvidia Corp. is offering new open-source software and models designed to help governments and businesses more easily use artificial intelligence and complex data to build their own weather forecasting systems. The chipmaker’s new Earth-2 platform includes a pair of AI-based …