Supreme Court Split Over Bayer’s Fight Against Roundup Lawsuits
The U.S. Supreme Court appeared divided on Monday over Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices heard arguments …
POSTED APRIL 27, 2026 7:00 PM |
Maryland Top Court Nixes Baltimore’s $152 Million Opioid Public Nuisance Verdict
The city of Baltimore suffered a defeat in its efforts to address the opioid epidemic last week when the Maryland Supreme Court vacated a $152 million public nuisance verdict won by the city against drug distributors McKesson and AmerisourceBergen. The …
POSTED APRIL 27, 2026 6:00 PM |
Midwest Braces for Severe Weather: Missouri, Illinois, and Indiana at High Risk
The Midwest is bracing for severe weather on Monday, including the threat of the excessive rainfall, hail damaging wind gusts and tornadoes. Missouri, Illinois and Indiana face the greatest risk of severe storms. Scattered large hail, flooding, severe and damaging …
POSTED APRIL 27, 2026 4:41 PM |
People Moves: Beazley Taps Khera From AXA XL as Head of Marine
Beazley, the specialty insurer, has announced the appointment of Sundeep Khera as head of Marine, effective April 21, 2026. As part of the Marine, Accident & Political (MAP) Risks team, Khera will lead the Marine, Energy, Aviation and Space teams, …
POSTED APRIL 27, 2026 4:24 PM |
Company Ordered to Compensate Worker Fired for Reporting Safety Concerns
The U.S. Department of Labor has ordered an inspection company to reinstate and compensate a terminated worker who reported safety concerns during installation of a natural gas pipeline in Watonga, Oklahoma. The department’s Occupational Safety and Health Administration investigated a …
POSTED APRIL 27, 2026 4:05 PM |
With Lower Q1 Insured Losses, Re/insurers Well-Placed for More Costly Quarters Ahead
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, …
POSTED APRIL 27, 2026 3:24 PM |
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners insurance availability across the state, explaining in a news release the move is due …
POSTED APRIL 27, 2026 3:13 PM |
Supreme Court Hears Bayer’s Fight Against Roundup Lawsuits
The U.S. Supreme Court is set on Monday to consider Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices are …
POSTED APRIL 27, 2026 2:42 PM |
The Hartford Q1 Net Income Up 36%
First quarter 2026 net income at The Hartford increased 36% to about $851 million as catastrophe losses during the period were half the amount of the same time a year ago. Pretax catastrophe losses for Q1 were about $230 million, …
POSTED APRIL 27, 2026 2:08 PM |
Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown
A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …
POSTED APRIL 27, 2026 2:00 PM |
Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot
A video clip of a Florida woman driving her elevated pickup truck over a Lamborghini sports car has gone viral, again raising the issue of elevated trucks’ blind spots leading to accidents and insurance claims. The woman in Lake Nona, …
POSTED APRIL 27, 2026 1:41 PM |
AIG Completes CEO Succession Plan With Anderson to Takes Reins
American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc’s executive committee, Anderson will succeed current AIG CEO Peter Zaffino, who …
POSTED APRIL 27, 2026 1:08 PM |
King Bars Policy Cancellations in Georgia Counties as Fires Spread From Helene Debris
Georgia insurance commissioner John King used his statutory authority to bar property insurance policy cancellations until further notice, due to wildfires that have displaced homeowners across the state. King’s April 23 directive bars cancellations for nonpayment of premiums in 91 …
POSTED APRIL 27, 2026 12:37 PM |
Hormuz Shipping Traffic Remains Muted With no US-Iran Deal in Sight, Data Shows
At least seven ships – mainly dry bulk vessels – have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent days, shipping data showed on Monday, while talks between Iran and the …
POSTED APRIL 27, 2026 12:13 PM |
Iran War Disrupts the Circuit Board Supply Chain, Raises Costs for Tech Firms
The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives …
POSTED APRIL 27, 2026 12:02 PM |
People Moves: HUB’s Drayer Joins Patriot Growth as Northeast President
Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, hired Andrew Drayer as regional president, Northeast. He succeeds Bill Donato, who previously held this role and now serves as president of retail insurance. Drayer brings experience across commercial insurance, operations, …
POSTED APRIL 27, 2026 11:55 AM |
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights
Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights will be New …
POSTED APRIL 27, 2026 11:53 AM |
Europe’s Markets Watchdog Warns Cyber Threats Are Growing as AI Speeds Up Risks
The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that are evolving quickly. Geopolitical tensions have …
POSTED APRIL 27, 2026 11:12 AM |
General Atlantic-Backed Indian Insurer Acko Eyes Up to $2.5B Valuation in IPO: Sources
India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said. Backed by investors including General …
POSTED APRIL 27, 2026 9:10 AM |
Michigan Cleared in Lawsuit Over 2020 Dam Collapse
The state of Michigan was cleared of liability Thursday in a disastrous 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular lake. Court of Claims Judge James Redford acknowledged the “real and lasting damages” …
POSTED APRIL 27, 2026 7:00 AM |
NFL’s Rooney Rule Meets Biggest Challenge in Trump’s DEI Crackdown
The most-recognizable diversity policy in sports is facing the biggest challenge in its history. Florida Attorney General James Uthmeier, who has been endorsed by President Donald Trump, is calling for the end of the National Football League’s Rooney Rule, a …
POSTED APRIL 27, 2026 6:00 AM |
Commercial Lines Rates Continue to Soften, Says Ivans Index
Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. “Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the …
POSTED APRIL 27, 2026 5:12 AM |
Trend of Fewer Insurance M&A Deals ‘Bottoming Out’: OPTIS
Insurance agency mergers & acquisitions in the first three months of 2026 were down 6% compared with the same period last year. It was the 10th consecutive quarter of deal volume below the long-term trend line but, investment banking and …
POSTED APRIL 27, 2026 5:12 AM |
South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement
Eight years after South Carolina lawmakers forced a $1 million liquor liability insurance requirement on bars and restaurants, and one year after they tweaked the law with conditional coverage requirements, the state Senate is trying again. Senators voted last week …
POSTED APRIL 27, 2026 5:01 AM |
Former Ransomware Negotiator Pleads Guilty to Aiding Attackers
A former ransomware negotiator has pleaded guilty to charges he helped a ransomware group extort tens of millions of dollars from companies. Angelo Martino, 41, of Land O’Lakes, Florida, worked for a cyber incident response company as a ransomware negotiator …
POSTED APRIL 27, 2026 5:01 AM |