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Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data
Chaucer Group, the London-based specialty re/insurance group, and Ceto AI, the maritime technology specialist, announced the launch of a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the arrangement, Ceto is authorized to bind marine hull …
POSTED MARCH 25, 2026 4:19 PM |
Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others
Sypher Insurance Exchange, the startup property insurer that the Florida Association of Insurance Agents invested in two years ago, has won a permit to operate from the Florida Office of Insurance Regulation. The Tampa-based reciprocal now has until mid-May to …
POSTED MARCH 25, 2026 3:39 PM |
Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity
Brit Group Holdings Ltd., the London-based specialty re/insurer, announced the launch of “BRIDGE,” a new cargo consortium. The consortium, which will be one of the largest consortiums in the cargo market, is now writing business and offers cargo line capacity …
POSTED MARCH 25, 2026 3:05 PM |
US Supreme Court Backs Cox in Fight Over Pirated Music
The U.S. Supreme Court ruled on Wednesday Cox Communications cannot be held liable for piracy by its internet service subscribers of songs owned by Sony Music, Warner Music Group, Universal Music Group and other labels, ending their billion-dollar-plus music copyright …
POSTED MARCH 25, 2026 2:48 PM |
Ohio AG Sues Contractors for Allegedly Defrauding Consumers
In lawsuits filed recently in three counties, Ohio Attorney General Dave Yost accuses three home-improvement contractors and a builder of outdoor structures of defrauding consumers of $564,000 combined. “Homeowners trust contractors or businesses with their hard-earned money,” Attorney General Dave …
POSTED MARCH 25, 2026 2:40 PM |
Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme
Two New Orleans personal injury attorneys were found guilty last week of running a scheme to defraud insurance companies by staging fraudulent accidents. The U.S. Attorney’s Office and the Criminal Division of the U.S. Department of Justice announced that Vanessa …
POSTED MARCH 25, 2026 2:30 PM |
Chevron Warns California Risks Fuel Crisis Unless Iran War Eases
Chevron Corp. is warning that California is careening toward an energy crisis because of the Iran war and that the company may quit refining oil in the state unless officials roll back taxes and regulations. California, the most populous US …
POSTED MARCH 25, 2026 2:20 PM |
Elon Musk Company Selects Proposed Mile-Long Dallas Tunnel
Elon Musk’s tunneling company will begin assessing its ability to construct a mile-long underground tunnel in South Dallas after a proposed project in the area was one of three winners of a company contest on Tuesday. The Boring Company has …
POSTED MARCH 25, 2026 2:19 PM |
Wisconsin Grocery Chain Sued for Pregnancy Discrimination
Roundy’s Supermarkets, Inc., a grocery chain operating Pick ‘n Save and Metro Market stores, violated federal law when it fired an employee, who was also a nursing mother, for requesting an accommodation at her workstation to maintain her breast milk …
POSTED MARCH 25, 2026 2:14 PM |
AccuWeather Atlantic Hurricane Season Forecast: 11-16 Named Storms
AccuWeather’s first prediction for the 2026 Atlantic hurricane season calls for slightly below average activity. AccuWeather’s experts forecast 11-16 named storms, four to seven hurricanes, and two to four major hurricanes of Category 3 strength or greater for the hurricane …
POSTED MARCH 25, 2026 1:32 PM |
Crawford Claims Management Firm Names Swain CEO
Bruce Swain has been named Crawford & Company’s president and CEO. The company’s board of directors appointed Swain to the top post after serving a stint as interim president and CEO since Jan. 1. Atlanta-based Crawford this year launched a …
POSTED MARCH 25, 2026 12:58 PM |
Convex’s Chairman Catlin Steps Down, Succeeded by Onex CEO Le Blanc
Convex Group Ltd., the international specialty insurer and reinsurer, announced that Stephen Catlin, the company’s co-founder has decided to step down as chairman of the board. He will remain a director and has been elevated to the honorary title of …
POSTED MARCH 25, 2026 12:34 PM |
Baltimore Sues Elon Musk’s xAI Over Grok Sexual ‘Deepfakes’
The city of Baltimore sued Elon Musk’s xAI on Tuesday, claiming its Grok chatbot illegally generates nonconsensual sexually explicit images, including of children. Baltimore, with a population of about 568,000, is the largest city to sue xAI over “deepfakes” attributed …
POSTED MARCH 25, 2026 12:09 PM |
Iran Demands Crew, Cargo Details to Send Ships Through Hormuz
Vessels seeking to transit the Strait of Hormuz under Iranian protection are being asked to provide lists of crew and cargo, along with voyage details and bills of lading, in order to secure a green light from the Islamic Revolutionary …
POSTED MARCH 25, 2026 11:50 AM |
Iran Charges Some Ships Hormuz Transit Fees for Safe Passage
Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s control over the world’s most important maritime energy channel. Payments of as much as $2 million per voyage are being …
POSTED MARCH 25, 2026 9:30 AM |
Iran Reviewing US Proposal Despite Negative Initial Response, Senior Iran Official Says
Iran is still reviewing a U.S. proposal to end the war in the Gulf, despite an initial response that was negative, a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so far stopped short of rejecting it …
POSTED MARCH 25, 2026 9:11 AM |
Iran Wiped 50 Israeli Firms’ Data, Hacked Cameras, Official Says
Iran-linked hackers have stepped up cyberattacks on Israel since the war began, wiping the data of over 50 small businesses and compromising dozens of security cameras, according to an Israeli official. Yossi Karadi, the director-general of the Israel National Cyber …
POSTED MARCH 25, 2026 8:32 AM |
Tech Update: Renaissance Unveils AI Upgrade to Its Member Platform
Independent agency network Renaissance said it made a major enhancement to its member platform, calling it the industry’s only fully integrated, artificial intelligence-enabled ecosystem built specifically for independent agencies. “Independent agencies are being asked to compete in a modern market …
POSTED MARCH 25, 2026 6:03 AM |
Crunchyroll Probes Breach After Hacker Steal User Data: BleepingComputer
Crunchyroll, a subscription-based anime streaming service, is probing a data breach after hackers claimed to have stolen personal information of nearly 6.8 million people, BleepingComputer reported on Monday. “We are aware of recent claims and are currently working closely with …
POSTED MARCH 25, 2026 5:47 AM |
WTW Survey: Insurers Using Advanced Analytics and AI See Strong Returns
A new survey finds that property/casualty insurers in North America that invested more resources in advanced analytics and AI achieved greater profitability and premium growth, according to global broker WTW. Insurers using more sophisticated analytics achieved combined ratios six percentage …
POSTED MARCH 25, 2026 5:22 AM |
Meta Ordered to Pay $375M After Trial Over Child Exploitation, User Safety
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child …
POSTED MARCH 25, 2026 5:08 AM |
Zoox to Widen Robotaxi Footprint With San Francisco, Vegas Expansion
Zoox, Amazon’s self-driving unit, said on Tuesday it will expand its robotaxi service in San Francisco and Las Vegas, and begin testing its purpose-built robotaxis in Austin and Miami, marking its broadest push yet into the U.S. autonomous ride-hailing market. …
POSTED MARCH 25, 2026 5:00 AM |
Six People Injured After Floor Collapses at New Hampshire Wedding Venue
Six people were taken to area hospitals with non-life-threatening injuries after a floor collapsed at a wedding venue in Tamworth, New Hampshire, around 4:30 p.m. Saturday, a spokesperson for the New Hampshire State Fire Marshal’s Office said. The collapse happened …
POSTED MARCH 25, 2026 5:00 AM |
People Moves: Farmers Insurance Names Pham Chief Strategy & Risk Officer; Alliant Private Client Adds Yoshida as SVP
Farmers Insurance Appoints Pham as Chief Strategy & Risk Officer John Pham joined Farmers Insurance as chief strategy and risk officer, reporting to Farmers Group CEO Raul Vargas. Pham joins Farmers from GEICO, where he most was recently head of …
POSTED MARCH 25, 2026 5:00 AM |
Safety System Failed to Alert LaGuardia Tower Before Crash
A system designed to help air-traffic controllers monitor vehicles and airplanes on the ground failed to alert personnel at LaGuardia Airport before an Air Canada Express jet collided with a fire truck late Sunday evening, killing the two pilots. An …
POSTED MARCH 25, 2026 5:00 AM |
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