US E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 7.8% in 2025, marking the first single-digit growth rate recorded since 2017. Previous reports from S&P …
POSTED APRIL 10, 2026 5:25 AM |
People Moves: Chubb Names Rampe Global Head of Claims; The Hartford Promotes Burns to Lead Enterprise Sales and Distribution
Chubb Names Rampe Global Head of Claims Chubb Limited named Kevin Rampe senior vice president, Chubb Group, Global Claims Officer, responsible for global claims management. Rampe will also retain his responsibilities as head of North America Claims. In his expanded …
POSTED APRIL 10, 2026 5:13 AM |
NYC Helicopter Crash Prompts Push for New Tourist-Flight Rules
US lawmakers from New York City are backing a bill to hold sightseeing helicopters to commercial airline safety standards, one year after a crash that killed a Siemens AG executive and his family. Standing near the crash site over the …
POSTED APRIL 10, 2026 5:00 AM |
Parents Charged After Child Is Hurt Crawling Into Wolf Area at Zoo
The parents of a toddler who suffered a minor injury at a Pennsylvania theme park zoo after squeezing through a fence near a wolf enclosure and making contact with one of the animals have been charged with endangering the welfare …
POSTED APRIL 10, 2026 5:00 AM |
AM Best Revises Outlooks to Negative for Oswego County Mutual
AM Best reports it has revised the outlooks to negative from stable for Oswego County Mutual Insurance Co. based in Parish, New York. AM Best has also affirmed the insurer’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer …
POSTED APRIL 10, 2026 5:00 AM |
Toilet Paper Warehouse Fire Investigators Review Viral Video
A local prosecutor is investigating a video posted on social media that appears to show a person setting fire to the California warehouse full of Kimberly-Clark Corp. toilet paper that was destroyed earlier this week. “We are aware of the …
POSTED APRIL 10, 2026 5:00 AM |
Good News for Nonprofits as Liberty Mutual Foundation Launches $600M Endowment
Corporate foundations’ philanthropic commitments were called into question this past year as tariff-driven uncertainty, rising costs and tax law changes prompted many companies to reconsider their charitable strategies. Nonprofits received a reassuring answer this week, however, from the century-old, Boston-based …
POSTED APRIL 10, 2026 5:00 AM |
People Moves: Insurance Advisory Partners Names Caltavuturo as Partner
Insurance Advisory Partners, the investment bank focused exclusively on the insurance, insurance services and the insurtech industry, appointed veteran investment banker Lou Caltavuturo as a partner in the U.S. Based in New York, he will focus on broker/insurance distribution mergers …
POSTED APRIL 10, 2026 5:00 AM |
Judge Tosses PETA’s Lawsuit Against American Kennel Club Over Dog Breed Health
The animal rights group PETA’s lawsuit over the health of French bulldogs and some other popular dog breeds has been dismissed, with a judge saying a New York law was misapplied to the case. The suit, filed last year, marked …
POSTED APRIL 10, 2026 5:00 AM |
People: The Doctors Company Names Hayes Interim SVP of Claims
The Doctors Company named Brittnie Hayes interim senior vice president of claims. Hayes succeeds Michael Meyer, who is retiring after 42 years in the medical professional liability insurance industry. Hayes will lead the national claims team and oversee the planned …
POSTED APRIL 10, 2026 5:00 AM |
Wildfires Race Across US as Drought Spans Half the Nation
An unusually hot, snowless winter has fueled a fast start to the spring fire season across large swaths of the western,central and southeastern US, disrupting businesses and upending daily life. Nearly 19,000 have ignited nationwide since Jan. 1, about 6,900 …
POSTED APRIL 10, 2026 4:45 AM |
Maryland Reaches Settlement With Ship Owner, Operator Over Bridge Collapse
The state of Maryland has reached a settlement in principle with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the owner and operator of the M/V Dali, resolving a portion of the state’s claims arising from the cargo ship’s …
POSTED APRIL 09, 2026 4:54 PM |
Jacksonville Contractor Charged With Underreporting Payroll by $2 Million
Florida authorities have charged a Jacksonville contractor with underreporting payroll by almost $2 million and stiffing his workers’ compensation insurer for almost $300,000 in premiums. Carlos Antonio Maradiago Garcia, 50, a native of Honduras, was investigated by the Florida Department …
POSTED APRIL 09, 2026 4:05 PM |
LexisNexis: Synthetic Identity Fraud Rises Significantly in 2025
A recent report by LexisNexis Risk Solutions found synthetic identity fraud is on the rise. According to its latest Cybercrime Report based on more than 100 billion online transactions in 2025, LexisNexis said 11% of frauds now involve a synthetic …
POSTED APRIL 09, 2026 3:10 PM |
The Fidelis Partnership Launches Capital Solutions Business, Led by Howden’s Gammoh
Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), has launched a new capital solutions business called Mezura Capital Partners. Headquartered in Bermuda, Mezura Capital will focus on delivering strategic capital solutions and partnerships for insurers and reinsurers. …
POSTED APRIL 09, 2026 2:59 PM |
Israeli Strikes on Lebanon Jeopardize Iran Truce; Talks Planned but Strait Still Shut
Israel bombed more targets in Lebanon on Thursday, putting the U.S.-Iran ceasefire into further jeopardy after the biggest Israeli attacks on its neighbor of the war killed more than 250 people and threatened to torpedo Donald Trump’s truce. In Pakistan, …
POSTED APRIL 09, 2026 2:01 PM |
Florida’s Prestige Trucking Insurance Acquires Mulligan, an AI Automation Platform
Prestige Trucking Insurance, a retail brokerage and parent company of CSMV Underwriters, has continued its expansion with the acquisition of Mulligan, an artificial intelligence-based insurance automation platform. The platform will now be offered under the name Insure Stack, led by …
POSTED APRIL 09, 2026 1:45 PM |
Kansas Woman Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Geary County woman has been sentenced to 24 months of probation for insurance fraud. Kei’Anna Boykin, aged 31, pleaded guilty on January 15, 2026, in Geary County District Court to one felony count …
POSTED APRIL 09, 2026 1:38 PM |
People Moves: IBC Insurance Appoints Zepeda as Business Development Strategist
IBC Insurance has appointed Zee Zepeda as Business Development Strategist. In this role, Zepeda will be responsible for aligning insurance and banking initiatives to drive growth, enhance client relationships, and expand cross-functional opportunities across the organization. Zepeda will focus on …
POSTED APRIL 09, 2026 1:34 PM |
Texas Summer Camps Sue to Block New Internet Rule
Nineteen camps in Texas have filed a lawsuit seeking to invalidate a new state requirement for them to install “end-to-end fiber optic facilities” in order to operate this summer. The requirement that the camps install fiber optic internet does not …
POSTED APRIL 09, 2026 1:07 PM |
DOJ Top Antitrust Litigators Exit After Ticketmaster Accord
The US Justice Department’s top antitrust litigator and three senior trial attorneys that led cases against Live Nation Entertainment Inc., Apple Inc. and Alphabet Inc.’s Google are leaving the agency, according to people familiar with their plans. Some of the …
POSTED APRIL 09, 2026 12:46 PM |
Trump Appeals Civil Fraud Ruling, Citing Former Lawyer’s Testimony Doubts
Donald Trump has asked New York’s highest appeals court to vacate a judge’s finding that he was liable for inflating the value of his real estate assets, arguing that his former lawyer Michael Cohen has since cast doubt on his …
POSTED APRIL 09, 2026 12:38 PM |
China Confirms Three Ships Passed Through Strait of Hormuz
Three Chinese ships recently sailed through the Strait of Hormuz after coordination with relevant parties, a foreign ministry spokesperson told a regular daily press briefing on Tuesday, while calling for peace and stability in the Gulf Region. The critical waterway …
POSTED APRIL 09, 2026 11:16 AM |
Israel Intensifies Lebanon Strikes With Ceasefire in Doubt
Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict. The Israeli military said Wednesday it targeted more …
POSTED APRIL 09, 2026 6:55 AM |
Paramount President Jeff Shell to Depart After Lawsuit Scandal
Jeff Shell is stepping down as president of Paramount Skydance Corp. following a contentious lawsuit by a high-stakes gambler who accused him of leaking inside information. Shell, who served as the No. 2 executive under Chief Executive Officer David Ellison, …
POSTED APRIL 09, 2026 6:04 AM |