Russia-Linked Hackers Hijack Routers to Steal Passwords, UK Says
Russian government-linked hackers are compromising popular internet routers to steal passwords for email accounts and other online services, the UK’s National Cyber Security Centre has warned. The hackers, a group known as APT28, are associated with Russia’s GRU military intelligence …
POSTED APRIL 08, 2026 10:32 AM |
Resuming Normal Shipping to Take 6-8 Weeks Once Middle East Stabilizes: Hapag-Lloyd
Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between the U.S. and Iran, but said that resuming normal traffic throughout its network would take at least …
POSTED APRIL 08, 2026 10:02 AM |
Markets/Coverages: Marsh Risk Enhances Cyber Facility With up to $200M of Capacity
Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provides Marsh clients with up to $200 million of cyber insurance. Marsh Risk describes Cyber ECHO as the largest cyber insurance facility of its kind in …
POSTED APRIL 08, 2026 9:35 AM |
Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire
Maersk said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations. “At this point, we …
POSTED APRIL 08, 2026 8:42 AM |
Update: US, Iran Agree to Two-Week Ceasefire Brokered by Pakistan
The United States and Iran agreed to a two-week ceasefire brokered by Pakistan, potentially suspending a six-week-old war that has killed thousands, spread across the Middle East and caused unprecedented disruption to the world’s energy supplies. Trump announced the agreement …
POSTED APRIL 08, 2026 8:02 AM |
Update: Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped
Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and, at least in theory, provide an exit window for more than 800 vessels trapped in the Persian Gulf. The …
POSTED APRIL 08, 2026 7:44 AM |
Traveling for Business? Don’t Forget to Pack Your Emergency Preparedness Plan
We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State is advising Americans worldwide to exercise increased caution. And yet, C-suite and other …
POSTED APRIL 08, 2026 5:17 AM |
Truck Rates at Highest Since 2022 Add to Inflation Pressures
Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …
POSTED APRIL 08, 2026 5:03 AM |
Viewpoint: The Missing Link in Commercial? No Paper Trail is Costing Insurers
Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred to the new owner. Those files land on a …
POSTED APRIL 08, 2026 5:02 AM |
Lindberg’s Baby: $1.6M in Proposed Restitution to His Former Insurance Companies
After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in the next few months, followed …
POSTED APRIL 08, 2026 5:01 AM |
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility — located in Ontario, California, about 35 miles outside …
POSTED APRIL 08, 2026 5:00 AM |
How Maine Regulators Say They Saved Residents $5.8 Million on Insurance
The Maine Bureau of Insurance reported that its employees’ work regulating insurance rates saved residents $5.8 million in potential increases for auto and homeowners coverage in 2025. The regulatory agency also said it recovered more than $4.5 million for Mainers …
POSTED APRIL 08, 2026 5:00 AM |
US Warns of Iran-Linked Cyber Hacks on Water, Energy Systems
The Trump administration warned cyberattackers with links to Iran are targeting critical US infrastructure including drinking water systems and the energy sector. The attacks are aimed at technology used in water and sewer systems along with government facilities and services, …
POSTED APRIL 08, 2026 5:00 AM |
Marsh McLennan Agency Acquires Seitz Insurance in Montana
Marsh McLennan Agency has acquired Seitz Insurance Agency in Montana. All employees, including David Seitz and Camila Skinner, the agency principals and co-owners, will join MMA and continue to operate out of their existing office locations. Seitz is a Sidney, …
POSTED APRIL 08, 2026 5:00 AM |
NYC Mayor Mamdani Wants to Crack Down on ‘Bad Landlords.’ First He Has to Find Them
On a recent weeknight, three tenants of an aging Bronx building were trading apartment horror stories inside a packed ballroom lined with city bureaucrats. The occasion was the third in a series of “rental rip-off hearings,” a new forum launched …
POSTED APRIL 08, 2026 5:00 AM |
Avalanche Experts Question Decisions by Guides on Deadly California Backcountry Trip
Two months after the deadliest avalanche in modern California history, an analysis by leading U.S. experts is questioning the decisions by the guides to lead such a large group through dangerous terrain amid avalanche warnings. The backcountry skiers were traveling …
POSTED APRIL 08, 2026 5:00 AM |
Two Firefighters Killed in Collision During Search for Missing Woman
Two firefighters traveling in a utility vehicle along a Pennsylvania road during a search for a missing woman were killed in a head-on crash with a car, officials said. The two members of the Walnuttown Fire Company died after the …
POSTED APRIL 07, 2026 11:55 PM |
Google Adds Mental Health Tools to Gemini Chatbot After Lawsuit
Alphabet Inc.’s Google plans to introduce new mental health support features for its Gemini chatbot as the company and rivals, like OpenAI, have faced several lawsuits accusing their artificial intelligence tools of leading to harm. Gemini will add an interface …
POSTED APRIL 07, 2026 7:23 PM |
California AG Opposing Oil Pipeline Special Permit to Waive Safety Regulation
California Attorney General Rob Bonta is opposing efforts to wave safety regulations for the Sable oil pipeline. Bonta filed a comment letter opposing the U.S. Pipeline and Hazardous Materials Safety Administration’s consideration of Sable Offshore Corp.’s request for a special …
POSTED APRIL 07, 2026 6:41 PM |
Risk Strategies Claims Ex-Employees’ Talent and Customer Raid Has Cost It $900K
Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March …
POSTED APRIL 07, 2026 6:00 PM |
Markets/Coverages: INSTANDA MAX Launched for Commercial Lines Insurers; Novacore Launches Aerospace Segment
Artificial intelligence-enabled program administrator INSTANDA said its launch of INSTANDA MAX enables commercial lines and non-admitted insurers to underwrite tens-of-thousands of complex assets under a single policy at both the portfolio and individual item level in real-time. Patent-pending INSTANDA MAX …
POSTED APRIL 07, 2026 4:26 PM |
Strong Underwriting, Investment Income Bolster P/C Income in 2025, Says Moody’s
Twenty insurers rated by Moody’s reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the Los Angeles wildfires …
POSTED APRIL 07, 2026 3:58 PM |
House Explosion in Illinois Kills Three People
An explosion at a Troy, Illinois, house and ensuing fire killed three people. The cause is under investigation. Several homes and buildings on the property were still standing, but the home where the explosion occurred was destroyed, according to media …
POSTED APRIL 07, 2026 3:41 PM |
Kentucky Insurance Agent Charged With Keeping Church’s Premium Payments
A Kentucky insurance agency owner has been charged with diverting premiums from a church client, and the Kentucky Department of Insurance is investigating other clients. Multiple news sites reported that Glen “David” Ramey, 59, an agent and owner of David …
POSTED APRIL 07, 2026 3:21 PM |
Texas Coffee Bar Owes Back Wages for 36 Workers Over Tip Pool Violations
A Texas coffee bar and lounge must pay $85,197 for operating an illegal tip pool. The U.S. Department of Labor recovered the back wages for 36 employees after an investigation reportedly found a coffee bar and lounge in Buda operated …
POSTED APRIL 07, 2026 2:49 PM |