Texas Summer Camp Faces Scrutiny Over Failure to Report Deaths
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its …
POSTED APRIL 16, 2026 3:52 PM |
Trucordia Buys Connecticut’s Paradiso Insurance Services
Utah-based insurance broker Trucordia reports it has acquired the Paradiso Financial and Insurance Services business located in Stafford Springs, Connecticut. Paradiso offers auto, home, life and business insurance and specialty lines across Connecticut and the New England region. One of …
POSTED APRIL 16, 2026 3:50 PM |
Inszone Acquires Kansas’ Insurance Resources Group
Inszone Insurance Services announced the acquisition of Insurance Resources Group, Inc. Located in Olathe, Kansas, this acquisition adds an experienced and versatile team to the expanding Inszone organization. Insurance Resources Group was founded in 1996 by Kenton Grigg and Lora …
POSTED APRIL 16, 2026 3:35 PM |
Severe Storms Damage Communities From the Plains to the Midwest
A day after severe storms damaged communities in the Plains and the Midwest, forecasters warned that storms could bring giant hail, tornadoes and severe wind gusts to the regions again in the coming days. Authorities in Kansas reported several people …
POSTED APRIL 16, 2026 3:28 PM |
NYC Heat Builds as Midwest Faces Bigger Storm Threat
While New York and the East Coast bake under an early-season heat spell, the Great Plains, Midwest and parts of the Northeast were pounded by wind and hail Wednesday and face a larger threat Friday. Sporadic power outages, along with …
POSTED APRIL 16, 2026 3:04 PM |
Texas Sees Power Demand Quadrupling by 2032 on Data Center Boom
The Texas grid operator warned power demand may quadruple from recent record levels by 2032 to feed booming data-center expansion and population growth, an increase that would require the equivalent of almost 300 new nuclear reactors. The Electric Reliability Council …
POSTED APRIL 16, 2026 3:00 PM |
Markets/Coverages: Allstate Offers Free ID Theft Protection; NFP Starts US Flood Practice
Allstate said it is starting to provide its customers with identity theft protection at no additional cost This added value expands recovery from physical damage to homes and cars to include digital protection as peak storm season approaches. The benefit …
POSTED APRIL 16, 2026 2:59 PM |
AI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch
U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11% but, according to Fitch Ratings, there are some underwriting concerns brought on by developments with artificial intelligence. Fitch said …
POSTED APRIL 16, 2026 2:27 PM |
People Moves: Tokio Marine Kiln Promotes Spencer and Burgess to Lead Fine Art & Specie; HDI Global Taps Beblo From Everest as Global Head of Property Underwriting
This edition of International People Moves details appointments at Tokio Marine Kiln and HDI Global. A summary of these new hires follows here. Tokio Marine Kiln Promotes Spencer and Burgess to Lead Fine Art & Specie Tokio Marine Kiln (TMK) …
POSTED APRIL 16, 2026 2:09 PM |
Grange Insurance Association Rebranding as Granwest Insurance
Seattle, Washington-based Grange Insurance Association will rebrand as Granwest Insurance. The new name reflects both the organization’s agricultural roots and its focus on the communities it serves. “Gran” comes from the Latin word grānum (seed), and “West” represents the region …
POSTED APRIL 16, 2026 1:55 PM |
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
The Old Dutch Mustard Co., a mustard and vinegar manufacturing company, and its owner were sentenced last Friday in federal court for knowingly discharging acidic water into the Souhegan River that runs through southern New Hampshire. The sentencing came after …
POSTED APRIL 16, 2026 1:49 PM |
Toxic Gas-Emitting Plants Get Pollution Reprieve Under Trump
After teacher Janet Rau learned that a carcinogenic gas was being released from an industrial plant near her school in 2019, she started a campaign for more oversight. Five years later, the Environmental Protection Agency issued rules requiring facilities that …
POSTED APRIL 16, 2026 12:52 PM |
Maryland Secures $2.2 Million Lead Paint Settlement From Tower Owner and Contractor
The owner of a Baltimore broadcast tower and its painting contractor will pay $2.2 million to the state of Maryland for allowing lead paint chips and debris to spread across surrounding neighborhoods, contaminating parks, playground and daycare locations. Attorney General …
POSTED APRIL 16, 2026 12:27 PM |
Sanctioned Russian Oil Ships Using Fake Insurance, Ukraine Says
A number of Russian shadow fleet tankers are transporting oil with insurance certificates from a company that doesn’t exist as it’s described in the documents, according to an intelligence assessment from Ukraine. Seaguard P&I, based in Pinneburg, Germany provided an …
POSTED APRIL 16, 2026 12:27 PM |
Zantac Suits Tossed by Delaware Judge for Flawed Cancer Link
A Delaware judge threw out lawsuits seeking to link the heartburn drug Zantac to cancer, freeing makers of the product from facing trials in the state over the cases. Superior Court Judge Francis “Pete” Jones concluded Monday lawyers for ex-Zantac …
POSTED APRIL 16, 2026 12:27 PM |
US and Iran Weigh Truce Extension With Hormuz Still Shuttered
The US and Iran are considering a two-week ceasefire extension to allow more time to negotiate a peace deal, according to a person familiar with the matter, reducing the risk of renewed fighting despite an intensifying standoff over the Strait …
POSTED APRIL 16, 2026 10:19 AM |
Sweden Sees Russia Intensifying Cyber Attacks on Infrastructure
Russia’s intelligence services are now seeking to damage European infrastructure with cyber attacks rather than merely overwhelm websites with excess traffic, Swedish Civil Defense Minister Carl-Oskar Bohlin said. “Over the past year, Russia’s methods have shifted,” Bohlin said during a …
POSTED APRIL 16, 2026 8:37 AM |
ECB to Quiz Bankers About Risks of Anthropic’s New AI Model, Source Says
European Central Bank supervisors are set to quiz bankers about the risks that Anthropic’s new artificial intelligence model might supercharge cyberattacks, one source familiar with the situation told Reuters on Wednesday. Anthropic’s Mythos is seen by cybersecurity experts as posing …
POSTED APRIL 16, 2026 7:28 AM |
Africa Trade Insurer Seeks $500 million to Help With Iran War Cost Increase
Africa’s leading multilateral insurer of trade risk is seeking around $500 million in capital from partners to support countries that face higher costs as a result of conflict in the Middle East, its chief executive told Reuters. African Trade & …
POSTED APRIL 16, 2026 7:05 AM |
Helvetia Baloise Set to Return $3.6 Billion to Investors to 2028
Helvetia Baloise Holding AG said it aims to return some 2.8 billion Swiss francs ($3.6 billion) to investors over the period to 2028, as the newly-merged insurer sets financial targets for the first time. The company proposed a dividend of …
POSTED APRIL 16, 2026 6:34 AM |
Aon Expands Data Center Lifecycle Insurance Program Capacity to $3.5B
Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1 billion, increasing the program’s capacity to $3.5 billion. In addition, coverage will extend to include existing data centers coming off the first year of …
POSTED APRIL 16, 2026 5:10 AM |
People Moves: Former Verisk CEO Stephenson Joins ZestyAI Board of Directors; WTW Appoints Li to North America PPCU Consulting Team
Scott Stephenson, former chairman, president, and CEO of Verisk Analytics, joined the board of directors at ZestyAI, a San Francisco, California-based risk and decision intelligence platform for the insurance industry. Stephenson spent more than two decades at Verisk, including nine …
POSTED APRIL 16, 2026 5:04 AM |
With Falling Private Re Prices, Should Florida Let Insurers Buy Less From the Cat Fund?
For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly through a lowered retention, or deductible, level. Today, three years into Florida’s tort-reform …
POSTED APRIL 16, 2026 5:01 AM |
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI
The world’s largest insurance brokers recently found themselves caught in an “AI scare trade” after news that Tuio home insurance would soon be available via ChatGPT. Shares fell sharply, as investors questioned whether intermediaries could be bypassed altogether. That reaction …
POSTED APRIL 16, 2026 5:01 AM |
California Wants to Fund Green Jet Fuel — By Raiding Your Road Repair Budget
California Gov. Gavin Newsom is advancing a plan that could funnel hundreds of millions in road dollars to a struggling oil refinery—pitching it as a cleaner jet fuel initiative. The credit, drawn from funds voters designated for highways and local …
POSTED APRIL 16, 2026 5:00 AM |