Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A month ago, that area had been entirely empty. They’re part of a …
POSTED JUNE 10, 2026 4:47 PM |
People Moves: Willis Re Taps Carpenter’s Summers as CEO of Global Specialties; Arch Names Felisky as Chair of Arch Insurance (UK) and Arch Managing Agency
This edition of International People Moves details appointments at Willis Re and Arch Insurance International. A summary of these new hires follows here. Willis Re Taps Carpenter’s Summers as CEO of Global Specialties Willis Re, an international reinsurance broker, announced …
POSTED JUNE 10, 2026 4:39 PM |
Flesh-Eating Cattle Parasite Spreads Beyond Texas
Three more cases of the New World screwworm have been confirmed, including one outside the main cluster in Texas, demonstrating the difficulty of stopping a resurgent pest that could devastate the nation’s cattle industry, the U.S. Department of Agriculture announced …
POSTED JUNE 10, 2026 4:36 PM |
Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
Officials in the US and Canada are planning a ribbon-cutting ceremony in the coming days for a new C$6.4 billion ($4.6 billion) bridge linking Michigan to the province of Ontario, which President Donald Trump threatened to block earlier this year. …
POSTED JUNE 10, 2026 4:30 PM |
Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency
Trucordia announced it has acquired the assets of the Hecht-Stout Insurance Agency. This Dunlap, Illinois-based business has deep roots in the Peoria area and a longstanding reputation for helping clients navigate complex insurance decisions with clarity and confidence. Under the …
POSTED JUNE 10, 2026 4:23 PM |
Texas Governor Recommends Sweeping Data Center Regulation
Gov. Greg Abbott on Tuesday released sweeping regulatory recommendations on data centers for the Legislature to pass in the 2027 session, as Texas grapples with an explosion of artificial intelligence-driven development and soaring power demands. In a letter to state …
POSTED JUNE 10, 2026 4:14 PM |
Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid
A two-year investigation into immigrants with fake identity documents led to federal officials detaining 48 workers at a South Carolina metal casting business and six people facing state charges, including two top managers at the plant, authorities announced Thursday. Dozens …
POSTED JUNE 10, 2026 3:45 PM |
CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino
The growing likelihood of an El Nino to emerge this summer has led Colorado State University hurricane researchers to slightly reduce their original forecast for the Atlantic hurricane season. In the latest forecast published June 10, CSU predicts a below …
POSTED JUNE 10, 2026 3:35 PM |
Consultant Diversity Labs Forced to Shut Down After DEI Investigation by FTC
An investigation by the Federal Trade Commission into diversity, equity and inclusion at a consultancy for law firms and legal departments has forced the company to shut down. The FTC said Diversity Lab LLC used “discriminatory DEI employment practices” in …
POSTED JUNE 10, 2026 3:25 PM |
Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments
A licensed property-casualty insurance agent in Palm Beach Gardens has been charged with keeping payments for contractors’ surety bonds, then using the funds for personal gain. Checree Bryant, 51, of Innovative Bonding Services, was arrested last week and charged with …
POSTED JUNE 10, 2026 3:19 PM |
Massachusetts Cites Worsening Drought Conditions as Summer Arrives
Citing continued below-average rainfall and worsening dry conditions, Massachusetts officials have declared a significant drought (Level 2) in the Southeast, Cape Cod, and Islands regions of the state. Energy and Environmental Affairs Secretary Rebecca Tepper said the designation also recognizes …
POSTED JUNE 10, 2026 2:23 PM |
Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus
Connecticut Governor Ned Lamont has signed a bill into law mandating a six-month suspension of a driver’s license of any driver who, upon a third or subsequent time, is caught violating the state law on stopping for school buses. Under …
POSTED JUNE 10, 2026 1:51 PM |
Anthropic Releases Mythos-Like Model Without Cyber Capabilities
Anthropic PBC is widely releasing a version of Mythos that will be blocked from carrying out cybersecurity tasks, months after warning that the powerful artificial intelligence model could spot and exploit vulnerabilities in critical software. The new model, called Fable …
POSTED JUNE 10, 2026 1:41 PM |
As Pennsylvania Cracks Down on AI, Multiple Chatbots Continue to Pose as Doctors
Chatbots on five different websites claimed to be licensed to practice medicine in Pennsylvania when prompted by Spotlight PA — the same kind of output that led the Shapiro administration to file a lawsuit last month. A task force under …
POSTED JUNE 10, 2026 12:58 PM |
Update: Three Indian Seafarers Missing After US Strike on Tanker off Oman
The U.S. military carried out a “precision” strike on a vessel in the Gulf of Oman that failed to follow its instructions and was carrying oil from Iran, it said, while India said three Indian seafarers were missing after the …
POSTED JUNE 10, 2026 12:31 PM |
WR Berkley Founder and Executive Chairman Dies at 80
W.R. Berkley Corp. said that on June 9 its founder and executive chairman William R. Berkley died at the age of 80. William R. Berkley founded the Greenwich, Connecticut-based commercial property/casualty insurer in 1967, building it into a Fortune 500 …
POSTED JUNE 10, 2026 11:07 AM |
Australia Insurance Broker Steadfast Gets Offer From Amwins, PE Firm Dragoneer
Australian insurance broker Steadfast Group Ltd. received an indicative offer from US specialty insurance distributor Amwins Group Inc., and private equity firm Dragoneer Investment Group LLC, that sent its shares surging by a record 36%. The conditional, non-binding cash offer …
POSTED JUNE 10, 2026 10:12 AM |
Anti-Migrant Violence Condemned After Belfast Knife Attack
UK Prime Minister Keir Starmer and leaders in Northern Ireland condemned anti-migrant violence that broke out in Belfast on Tuesday, following a knife attack believed to have been committed by a refugee of Sudanese descent. A number of vehicles were …
POSTED JUNE 10, 2026 8:34 AM |
US, Iran Exchange Strikes, Putting Lasting Peace Deal at Risk
The US and Iran exchanged strikes overnight, jolting their two-month-old truce and endangering talks aimed at securing lasting peace in the Middle East. President Donald Trump said he retaliated against the Islamic Republic for shooting down an American Apache helicopter …
POSTED JUNE 10, 2026 8:07 AM |
Britain’s Garden Habits Are Making Their Homes Harder to Insure
As the UK moves from a record-hot May into an unseasonably wet June, the risk of flooding is being exacerbated by a proliferation of paved gardens, according to the country’s flood insurer of last resort. The trend — often a …
POSTED JUNE 10, 2026 7:56 AM |
Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns
Stellantis is recalling more than 1.3 million Jeep SUVs and trucks worldwide over fire concerns and is urging owners to park outside and away from structures or other vehicles until a fix is completed. In a filing with the National …
POSTED JUNE 10, 2026 5:16 AM |
Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit
Nashville residents will likely remember the massive fire—one year ago today—that destroyed the downtown library’s parking garage, totaled dozens of vehicles, and left the library closed for months. Travelers Excess & Surplus Lines, which had provided a multimillion-dollar policy for …
POSTED JUNE 10, 2026 5:02 AM |
Trial Begins for Man Accused of Sparking Deadly Palisades Fire
A federal arson trial began this week for the man accused of sparking last year’s deadly Palisades Fire as the area struggles to rebuild and the aftermath reverberates through the Los Angeles mayor’s race. Jonathan Rinderknecht, 29, appeared in court …
POSTED JUNE 10, 2026 5:00 AM |
Inszone Acquires Professional Insurance Strategies in Arizona
Inszone Insurance Services acquired Professional Insurance Strategies LLC in Arizona. Founded in 2006 by Gary Hanson, Professional Insurance Strategies was built to serve complex, niche industries. The firm specializes in the construction and public transportation sectors. Sacramento, California-based Inszone is …
POSTED JUNE 10, 2026 5:00 AM |
US Customs Agency, Trade Judge to Seek Path to Final Tariff Refunds
Officials from the U.S. Customs and Border Protection agency head to a federal trade court on Tuesday to try to find a way to refund tens of billions of dollars of tariffs that were collected and later deemed illegal by …
POSTED JUNE 10, 2026 5:00 AM |