Trump Signs Order to Bolster Efforts to Combat Cybercrime
President Donald Trump signed an executive order Friday aimed at fighting cybercrime — including fraud and extortion — directing officials to identify robust tools to combat transnational criminal organizations preying on American families, businesses and infrastructure. The directive calls for …
POSTED MARCH 09, 2026 5:37 AM |
3 Big Questions Facing FEMA With Kristi Noem Out
President Donald Trump ousted Kristi Noem as head of the Department of Homeland Security, a move announced Thursdaythat will also have major implications for the nation’s top disaster agency. The Federal Emergency Management Agency, which falls under DHS, has been …
POSTED MARCH 09, 2026 5:23 AM |
Liberty Mutual ‘Shifting From Fixing to Building’ in 2026, CEO Says
Liberty Mutual’s underwriting results across its businesses came in ahead of targets the company set three years ago when the business was unprofitable, the chief executive reported yesterday, also giving a sense of future strategies. “In 2026, a key focus …
POSTED MARCH 09, 2026 5:07 AM |
Study Analysis: AI May Be Tempering Insurer Hiring
The share of insurance companies planning to maintain their current staff size over the next 12 months has reached a 15-year high—while just 7% of insurers plan to reduce headcount in 2026. Aon and The Jacobson Group’s Q1 2026 Insurance …
POSTED MARCH 09, 2026 5:03 AM |
Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse
Five insurance carriers cannot be expected to defend or indemnify a Georgia boarding school where child sexual abuse took place decades before the liability policies were written, the Georgia Court of Appeals has found in a ruling that reversed a …
POSTED MARCH 09, 2026 5:01 AM |
Plane That Crashed in Maine Spent Too Long on Runway After Deicing, NTSB Says
A private jet that crashed in Maine in January, killing all six people aboard, remained on the ground 8 minutes longer than it should have after receiving a deicing treatment in a snowstorm, according to a preliminary report issued Friday …
POSTED MARCH 09, 2026 5:00 AM |
Search Ends for Survivors After Fishing Vessel Sank Off Cape Cod, Killing 2
The search has been called off for any survivors after a commercial fishing vessel with two people aboard sank off Cape Cod, the U.S. Coast Guard said Friday. Coast Guard Sector Southeastern New England received a notification just before noon …
POSTED MARCH 09, 2026 5:00 AM |
People Moves: NFP Names Ross Head of Broking, West Region
NFP hired Michelle Ross as vice president, head of property/casualty broking, for its West region. Ross was previously NFP’s California broking leader. With more than three decades in the commercial insurance industry, Ross has partnered with mid-market businesses across Southern …
POSTED MARCH 09, 2026 5:00 AM |
Attorneys for Suspect in LA Wildfire Seek Release Based on New Evidence
Defense attorneys for the man accused of sparking the deadly Palisades Fire in Los Angeles held a news conference Thursday to call for his release from jail in light of new evidence they say shows he is not responsible for …
POSTED MARCH 06, 2026 11:51 PM |
AM Best Upgrades Issuer Credit Rating of First Chicago Insurance Group Members
AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of First Chicago Insurance Company and United Security Insurance Company. The outlook of …
POSTED MARCH 06, 2026 5:20 PM |
AI ‘Man Camps’ Offer Golf, Free Steaks to Lure Workers in Texas
Companies competing for workers to build data centers are finding that a motel room with sluggish Wi-Fi isn’t much of a draw. Try free steaks and golf simulators. As data-center development has exploded with the rise of artificial intelligence, competition …
POSTED MARCH 06, 2026 5:00 PM |
NHTSA to Hold Self-Driving Safety Forum With CEOs of Waymo, Zoox, Aurora
The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum that will include the CEOs of self-driving companies Waymo, Zoox and Aurora on Tuesday. The Trump administration is looking for ways to speed deployment of robotaxis …
POSTED MARCH 06, 2026 4:53 PM |
After Florida Charged People With Selling Insurance Licenses, 12 More Arrested
Two years ago, Rainier Miguel Salas and two licensed Florida insurance agents were charged with selling insurance agent licenses—all part of an illicit licensing school in Miami. This week, 12 others in the Miami area were charged with participating in …
POSTED MARCH 06, 2026 4:44 PM |
Markets/Coverages: Floodbase Expands Parametric Platform
Parametric platform Floodbase said it has unveiled its Floodbase Quote API to enable insurers and MGAs to reduce manual quoting cycles into workflows that dramatically accelerate distribution and offer new portfolio flood solutions for the historically underserved U.S. flood market. …
POSTED MARCH 06, 2026 4:35 PM |
World’s Farmers See Fertilizer Price Surge as Iran War Blocks Exports
The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches. The war, which has closed the Strait of Hormuz, has shut down …
POSTED MARCH 06, 2026 4:25 PM |
People: Alliant Names McMinn VP in Benefits Group
Alliant Insurance Services named Will McMinn, formerly an employee benefits consultant with USI Insurance, as vice president in Alliant’s employee benefits group. McMinn, with 20 years of experience in the space, will be based in Charlotte, North Carolina, Alliant said …
POSTED MARCH 06, 2026 3:49 PM |
Legal Fight Over SpaceX Beach Closures Hits Texas Supreme Court
The Texas Supreme Court pondered how far the state can go in limiting access to a public beach during oral arguments Thursday in a case involving the closure of Boca Chica Beach for SpaceX’s rocket launches. Rio Grande Valley environmentalist …
POSTED MARCH 06, 2026 3:27 PM |
Florida Tank Company Contesting OSHA Fines After Fatal Incident
The U.S. Occupational Safety and Health Administration recently cited a Land O’Lakes, Florida, firm for exposing workers to chemical and respiratory hazards after a fatal incident last summer. PCE Petroleum Contractors Enterprises, a petroleum tank-service company for gas stations and …
POSTED MARCH 06, 2026 3:23 PM |
Maritime Insurance Premiums Surge as Iran Conflict Widens
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by more than 1000% — dramatically driving up the cost of moving energy through a critical maritime corridor. The conflagration sparked …
POSTED MARCH 06, 2026 2:25 PM |
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack
London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to people familiar with the matter, after a US submarine sank an Iranian warship off Sri Lanka, amplifying risk perceptions. Rates …
POSTED MARCH 06, 2026 2:10 PM |
New Mexico Jurors Heard From Zuckerberg in Meta Child Safety Trial
Jurors in a bellwether trial about the impacts of social media on children watched a deposition of Meta CEO Mark Zuckerberg on Wednesday that explored what the architects of Facebook and Instagram knew from internal research about the negative experiences …
POSTED MARCH 06, 2026 2:06 PM |
Wyoming Project Gets First Construction Permit for Nuclear Reactor in Years
The U.S. Nuclear Regulatory Commission on Wednesday approved its first construction permit for a commercial nuclear reactor in eight years, one that will allow a Bill Gates-backed company to build a sodium-cooled reactor in western Wyoming. TerraPower filed for the …
POSTED MARCH 06, 2026 1:59 PM |
Justin Sun Settles SEC Fraud Case for $10 Million
The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a U.S. Securities and Exchange Commission civil fraud case over his trading activity. Thursday’s settlement requires court approval, with the payment made by one of Sun’s companies. …
POSTED MARCH 06, 2026 1:37 PM |
Ohio Bill Would Establish Online Auto Insurance Verification
Ohio lawmakers are considering legislation that would establish an online auto verification system intended to hold uninsured drivers accountable. House Representatives Cindy Abrams (R-Harrison) and Jack Daniels (R-New Franklin) are the lead sponsors behind House Bill 678, which requires the …
POSTED MARCH 06, 2026 1:24 PM |
Michigan Pharmacist Pleads Guilty in $3M Health Care Fraud Scheme
A Michigan pharmacist and business owner who engaged in a five-year pharmacy shortage fraud scheme at two separate pharmacies pleaded guilty on February 24, announced United States Attorney Jerome F. Gorgon, Jr.. Mohammad Hamdan, age 44, from Dearborn Heights pleaded …
POSTED MARCH 06, 2026 12:59 PM |