SCE Wildfire Fund to Pay Millions, Fast-Track Death Claims
    
    
      Author: Admin
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      Description: Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The utility, …
    
    
      Full content: Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The utility, …
    
    
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      Date: Wed, 29 Oct 2025 20:18:50 +0000
    
    
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        Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s
    
    
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      Description: Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms of the transaction were not been …
    
    
      Full content: Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms of the transaction were not been …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Wed, 29 Oct 2025 18:33:17 +0000
    
    
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        South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices
    
    
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      Description: A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …
    
    
      Full content: A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …
    
    
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      Category: Midwest News
    
    
      Date: Wed, 29 Oct 2025 16:53:54 +0000
    
    
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        Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
    
    
      Author: William Rabb
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      Description: A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …
    
    
      Full content: A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …
    
    
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      Date: Wed, 29 Oct 2025 16:44:27 +0000
    
    
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        Fermi Orders Four Big Nuclear Reactors in Texas
    
    
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      Description: Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …
    
    
      Full content: Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …
    
    
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      Date: Wed, 29 Oct 2025 16:38:26 +0000
    
    
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        Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care
    
    
      Author: Admin
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      Description: A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …
    
    
      Full content: A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …
    
    
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      Date: Wed, 29 Oct 2025 16:29:12 +0000
    
    
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        People Moves: Alliant Names Lapinski to Employee Benefits Group
    
    
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      Description: Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …
    
    
      Full content: Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …
    
    
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      Date: Wed, 29 Oct 2025 16:23:50 +0000
    
    
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        Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit
    
    
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      Description: A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …
    
    
      Full content: A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …
    
    
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      Category: Southeast News
    
    
      Date: Wed, 29 Oct 2025 15:46:17 +0000
    
    
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        Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast
    
    
      Author: Admin
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      Description: Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The company’s shares fell as much as …
    
    
      Full content: Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The company’s shares fell as much as …
    
    
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      Date: Wed, 29 Oct 2025 14:58:56 +0000
    
    
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        Aviva Ventures Backs Indico Data’s Insurance Operations AI
    
    
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      Description: Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …
    
    
      Full content: Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …
    
    
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      Date: Wed, 29 Oct 2025 14:58:51 +0000
    
    
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        Rebuilding Begins After Drenching Rains Flood Parts of Central, South Florida
    
    
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      Description: Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters said the colossal amount …
    
    
      Full content: Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters said the colossal amount …
    
    
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      Date: Wed, 29 Oct 2025 14:27:44 +0000
    
    
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        Vietnam Logs Five Feet of Rain in One Day, Nearing World Record
    
    
      Author: Admin
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      Description: Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …
    
    
      Full content: Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Wed, 29 Oct 2025 14:23:58 +0000
    
    
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        Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table
    
    
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      Description: The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White …
    
    
      Full content: The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White …
    
    
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      Date: Wed, 29 Oct 2025 14:02:39 +0000
    
    
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        US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia
    
    
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      Description: A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S. …
    
    
      Full content: A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S. …
    
    
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      Date: Wed, 29 Oct 2025 13:47:55 +0000
    
    
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        Court Dismisses Securities Fraud Charges Against Fashion Designer Cole’s Brother
    
    
      Author: Admin
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      Description: The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn his criminal fraud conviction. Neil Cole said he’s been fighting over a decade to clear his name after federal authorities …
    
    
      Full content: The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn his criminal fraud conviction. Neil Cole said he’s been fighting over a decade to clear his name after federal authorities …
    
    
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      Date: Wed, 29 Oct 2025 13:44:51 +0000
    
    
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        Uber Taking on Waymo in San Francisco With Lucid, Nuro Robotaxis
    
    
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      Description: Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in the San Francisco Bay Area for the first time next year, thrusting the company into direct competition with Waymo’s robotaxi …
    
    
      Full content: Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in the San Francisco Bay Area for the first time next year, thrusting the company into direct competition with Waymo’s robotaxi …
    
    
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      Date: Wed, 29 Oct 2025 13:37:57 +0000
    
    
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        Arthur J. Gallagher & Co. Acquires Safe T Professionals in Arizona
    
    
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      Description: Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the business. Anna Martinez, Joshua Martinez and their team will remain in their current location under the direction of Jim Bond, …
    
    
      Full content: Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the business. Anna Martinez, Joshua Martinez and their team will remain in their current location under the direction of Jim Bond, …
    
    
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      Date: Wed, 29 Oct 2025 13:17:24 +0000
    
    
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        Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports
    
    
      Author: L.S. Howard
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      Description: Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive damages. Melissa made landfall near New Hope, Jamaica, at …
    
    
      Full content: Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive damages. Melissa made landfall near New Hope, Jamaica, at …
    
    
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      Date: Wed, 29 Oct 2025 12:36:18 +0000
    
    
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        Hurricane Melissa Makes Cuba Landfall After Lashing Jamaica
    
    
      Author: Admin
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      Description: Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica, where it left hundreds of thousands without power and forced hospitals to evacuate. Melissa crossed the coast in eastern Cuba …
    
    
      Full content: Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica, where it left hundreds of thousands without power and forced hospitals to evacuate. Melissa crossed the coast in eastern Cuba …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Wed, 29 Oct 2025 10:25:04 +0000
    
    
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        People Moves: Tassone Jr. Promoted to AM Specialty CEO; Canopius Names Leftwich US Head of Strategy; FM Hires Erbig as CFO
    
    
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      Description: Tassone Jr. Promoted to CEO of AM Specialty Dominick Tassone Jr. was promoted to CEO of AM Specialty Insurance Company (ASIC U.S.), effective Jan. 1, 2026. Since joining AM Specialty Insurance Group in 2023 as chief underwriting officer, Dominick has …
    
    
      Full content: Tassone Jr. Promoted to CEO of AM Specialty Dominick Tassone Jr. was promoted to CEO of AM Specialty Insurance Company (ASIC U.S.), effective Jan. 1, 2026. Since joining AM Specialty Insurance Group in 2023 as chief underwriting officer, Dominick has …
    
    
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      Date: Wed, 29 Oct 2025 06:24:02 +0000
    
    
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        UN Sees World’s Emissions Falling 10% by 2035, Far Short of 60% Goal
    
    
      Author: Admin
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      Description: Global emissions of planet-warming greenhouse gases are expected to fall by about 10% by 2035, compared with 1990 levels, representing the first decline ever forecast by the United Nations. But the world remains well off course to keeping global warming …
    
    
      Full content: Global emissions of planet-warming greenhouse gases are expected to fall by about 10% by 2035, compared with 1990 levels, representing the first decline ever forecast by the United Nations. But the world remains well off course to keeping global warming …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Wed, 29 Oct 2025 05:30:43 +0000
    
    
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        Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24
    
    
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      Description: As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually, grew by more than 20%, including Progressive which vaulted into the top five. S&P Global Market Intelligence published its list …
    
    
      Full content: As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually, grew by more than 20%, including Progressive which vaulted into the top five. S&P Global Market Intelligence published its list …
    
    
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      Date: Wed, 29 Oct 2025 05:17:19 +0000
    
    
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        Generali, Natixis Owner Likely to Drop Asset Management Deal, Sources Say
    
    
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      Description: Italy’s biggest insurer Generali and French banking group BPCE are likely to abandon plans to merge their asset management businesses by letting a year-end deadline lapse without a binding agreement, three sources said. The sources, briefed on the process, spoke …
    
    
      Full content: Italy’s biggest insurer Generali and French banking group BPCE are likely to abandon plans to merge their asset management businesses by letting a year-end deadline lapse without a binding agreement, three sources said. The sources, briefed on the process, spoke …
    
    
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      Date: Wed, 29 Oct 2025 05:15:34 +0000
    
    
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        Europe’s Top Rights Court Rejects Climate Challenge Against Norway’s Oil
    
    
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      Description: The European Court of Human Rights on Tuesday ruled in favor of Norway’s government in a climate lawsuit brought by young activists who claimed the country’s policy of Arctic oil exploration had put their future at risk. Norway is western …
    
    
      Full content: The European Court of Human Rights on Tuesday ruled in favor of Norway’s government in a climate lawsuit brought by young activists who claimed the country’s policy of Arctic oil exploration had put their future at risk. Norway is western …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Wed, 29 Oct 2025 05:10:40 +0000
    
    
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        Mondelez Defeats Greenwashing Lawsuit Over ‘Climate Neutral’ Clif Bar Claim
    
    
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      Description: A federal judge dismissed a proposed class action lawsuit accusing Mondelez International of deceiving consumers into overpaying for Clif bars that were labeled “climate neutral certified.” U.S. District Judge Manish Shah in Chicago found nothing wrong with labels for Clif …
    
    
      Full content: A federal judge dismissed a proposed class action lawsuit accusing Mondelez International of deceiving consumers into overpaying for Clif bars that were labeled “climate neutral certified.” U.S. District Judge Manish Shah in Chicago found nothing wrong with labels for Clif …
    
    
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      Category: National News
    
    
      Date: Wed, 29 Oct 2025 05:04:54 +0000
    
    
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        ‘Catastrophic’ Hack Underscores Public Defender Security Gaps
    
    
      Author: Admin
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      Description: Recent cyberattacks on public defenders’ offices in multiple Western US states have spotlighted the technological vulnerabilities of an often overlooked but critical part of the US judicial system. Public defenders, who represent clients unable to pay for their own lawyers …
    
    
      Full content: Recent cyberattacks on public defenders’ offices in multiple Western US states have spotlighted the technological vulnerabilities of an often overlooked but critical part of the US judicial system. Public defenders, who represent clients unable to pay for their own lawyers …
    
    
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      Category: National News
    
    
      Date: Wed, 29 Oct 2025 05:03:38 +0000
    
    
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        Tokyo Metropolitan Government Issues Climate Resilience Bond
    
    
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      Description: The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and …
    
    
      Full content: The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Wed, 29 Oct 2025 05:01:14 +0000
    
    
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        Massachusetts Survey Identifies Safety Issues for Assisted Living Residences
    
    
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      Description: Massachusetts Governor Maura Healey cited the results of a survey on safety of all 272 assisted living residences (ALRs) in the state in announcing actions to enhance the safety of ALR residents across the state. In July, following the tragic …
    
    
      Full content: Massachusetts Governor Maura Healey cited the results of a survey on safety of all 272 assisted living residences (ALRs) in the state in announcing actions to enhance the safety of ALR residents across the state. In July, following the tragic …
    
    
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      Category: East News
    
    
      Date: Wed, 29 Oct 2025 05:00:08 +0000
    
    
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        California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI
    
    
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      Description: California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s Long-Term Solvency Regulation is aimed at providing the California Department of Insurance enhanced …
    
    
      Full content: California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s Long-Term Solvency Regulation is aimed at providing the California Department of Insurance enhanced …
    
    
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      Category: West News
    
    
      Date: Tue, 28 Oct 2025 21:36:15 +0000
    
    
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        Jamaica Catastrophe Bondholders Now Face Full-Trigger Event
    
    
      Author: Admin
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      Description: Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That’s according to Florian Steiger, chief executive of Icosa …
    
    
      Full content: Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That’s according to Florian Steiger, chief executive of Icosa …
    
    
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      Category: International & Reinsurance News
    
    
      Date: Tue, 28 Oct 2025 17:44:18 +0000
    
    
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