What to Know About Trump’s Executive Order to Curtail State AI Regulations
President Donald Trump signed an executive order Thursday pressuring states not to regulate artificial intelligence. Trump and some Republicans argue that the limited regulations already enacted by states, and others that might follow, will dampen innovation and growth for the …
POSTED DECEMBER 18, 2025 7:28 AM |
Google Sues Chinese ‘Darcula’ Group Over Alleged Phishing Scheme
Alphabet Inc.’s Google filed a lawsuit against alleged Chinese cybercriminals, accusing the group of orchestrating a vast phishing campaign designed to dupe Americans into turning over their credit card numbers. The group, which Google refers to as “Darcula,” developed a …
POSTED DECEMBER 18, 2025 6:30 AM |
Insurance AI Demo Day Calendar Announced
Wells Media Group Inc. today announced the 2026 Insurtech + AI Demo Day events calendar, a lineup of virtual events featuring live demos of the AI and technology tools and innovations shaping the insurance industry. The series is presented by …
POSTED DECEMBER 18, 2025 6:20 AM |
Icahn Money Manager Sues His Bosses and Bausch + Lomb Over Anti-White Bias
A money manager at Carl Icahn’s investment firm is suing Bausch + Lomb Corp. and his billionaire employer, alleging he was discriminated against for being White. The manager, Steven Miller, claims he wasdenied a board seat when the activist investor …
POSTED DECEMBER 18, 2025 6:13 AM |
Ex-Greensill Executives Charged in Germany Over Bankruptcy
German prosecutors charged two former board members of Greensill Bank AG for their roles in the 2021 demise of the lender. The men are charged with bankruptcy crimes and false accounting, a spokesman for Bremen prosecutors said in an emailed …
POSTED DECEMBER 18, 2025 6:10 AM |
European Rating Agency Scope Plans Global Expansion Drive and IPO
Scope Ratings, which brands itself as Europe’s home-grown alternative to S&P, Moody’s and Fitch, plans a U.S. expansion drive and a stock market listing in the coming years, its founder and chief executive has told Reuters. Berlin-headquartered Scope has seen …
POSTED DECEMBER 18, 2025 6:05 AM |
‘Door Knocker’ Roofers Were Everywhere. NC Farm Bureau Saw an Opportunity
It began with “door knockers” – the all-too-familiar practice of roofing companies telling homeowners that they could get a new roof with little or no out-of-pocket expense. North Carolina Farm Bureau Insurance, the 2nd-largest property insurer in the state with …
POSTED DECEMBER 18, 2025 6:01 AM |
Lawyers Clash Over Angels’ Alleged Role in Skaggs’ Overdose Death
A lawyer for the family of late pitcher Tyler Skaggs argued that the Los Angeles Angels’ failure to investigate reports of drug use and dealing by the team’s communications director led to the overdose death of the 27-year-old player. An …
POSTED DECEMBER 18, 2025 6:00 AM |
Mavis Tire to Pay $304K for Religious Discrimination Against Jewish Applicant
Mavis Tire Supply, a nationwide tire dealer and automotive service provider based in White Plains, New York, entered into a conciliation agreement with the U.S. Equal Employment Opportunity Commission (EEOC) to resolve a religious discrimination and retaliation charge, the federal …
POSTED DECEMBER 18, 2025 6:00 AM |
NY Times Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit
The New York Times asked a judge to once again dismiss President Donald Trump’s $15 billion defamation lawsuit, arguing the complaint is based on “implausible allegations” that cannot overcome First Amendment protections. The suit fails to explain exactly how dozens …
POSTED DECEMBER 18, 2025 6:00 AM |
NFP Acquires Hamilton Insurance in Virginia
Insurance broker NFP, an Aon company, announced the acquisition of Hamilton Insurance Agency, a property/casualty broker and benefits administration provider in Fairfax, Virginia. Hamilton has been a leader in the insurance market for the senior housing and long-term care sector. …
POSTED DECEMBER 18, 2025 6:00 AM |
Viewpoint: What Marijuana’s Move to Schedule III Really Means for Cannabis Insurance
The cannabis world is buzzing about a possible move to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. If it happens, it will be a meaningful shift—especially for taxes and market access—but it will not …
POSTED DECEMBER 17, 2025 7:00 PM |
Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers
Georgia Insurance Commissioner John King announced more auto insurance rate reductions for motorists in the state—the second announcement in as many months. King credited tort-reform laws and stepped-up efforts to combat insurance fraud. “As we continue the OCI mission to …
POSTED DECEMBER 17, 2025 5:25 PM |
People Moves: Jencap Names Edge Binding Team Manager; Alliant Hires Givens
Jencap, one of the largest wholesale brokerages in the U.S., announced that John Michael “JM” Edge, formerly of Amwins, is the new property and casualty binding team manager for Atlanta, Charlotte and Denver teams. Edge spent more than 10 years …
POSTED DECEMBER 17, 2025 4:36 PM |
Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC
“Megadeals” are ruling insurance industry mergers and acquisitions as action remained consistent throughout 2025, with the prospect that the need for growth with drive more deals in 2026. According to a new report from PwC, 93% of deal value during …
POSTED DECEMBER 17, 2025 4:24 PM |
People Moves: Hamilton Re Promotes Hunt to SVP, Head of Property Insurance; MGA Arrow Launches Professional Indemnity Practice, Naming Cox as Class Underwriter
This edition of International People Moves details appointments at Hamilton Insurance Group and MGA Arrow Risk Management. A summary of these new hires follows here. Hamilton Re Promotes Hunt to SVP, Head of Property Insurance Hamilton Insurance Group Ltd., the …
POSTED DECEMBER 17, 2025 4:21 PM |
Insurance Tech: Zywave Releases Suite of Specialized AI Agents
Insurance technology provider Zywave unveiled an agentic AI strategy, and what it calls the industry’s first suite of insurance-specialized AI agents. The agents will help insurance companies transform how they work and achieve unprecedented levels of revenue growth and productivity. …
POSTED DECEMBER 17, 2025 3:51 PM |
India’s Parliament Approves Bill to Raise Foreign Direct Investment in Insurance to 100%
India’s parliament on Wednesday approved a bill to raise foreign direct investment in the insurance sector to 100% from 74%, a move that will help insure more people in the world’s most populous country. The increase in the FDI limit …
POSTED DECEMBER 17, 2025 3:44 PM |
Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System
Kentucky’s Transportation Cabinet and Department of Insurance have launched a new vehicle insurance verification system, and auto insurers have until Jan. 15 to start getting on board. The new Kentucky Insurance Verification System, authorized by state lawmakers earlier this year, …
POSTED DECEMBER 17, 2025 3:40 PM |
Court Awards $32 Million Over Premature Baby’s Death at Yale Hospital
A Connecticut court has awarded $32 million to the estate of a child born prematurely who died three months later after being given a cow-based nutrition fortifier by Yale New Haven Hospital without the parents’ or any consent. The decision …
POSTED DECEMBER 17, 2025 3:14 PM |
Pacific Northwest Gets Brief Break Before Storms Return Thursday
Rain will ease Wednesday across the Pacific Northwest after floods and winds left at least 600,000 without power, forced hundreds of people in Washington to flee their homes and killed at least one person. The respite is expected to be …
POSTED DECEMBER 17, 2025 2:44 PM |
Poorer Americans Dropped Federal Flood Insurance When Rates Rose
When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to align premiums with real flood risk, driven higher …
POSTED DECEMBER 17, 2025 2:42 PM |
Hub International Adds Former CNA, USAA Chief Executives to its Board
Brokerage Hub International said it has added former CNA chief executive officer and executive chairman Dino Robusto as chairman of the board, and former USAA president and CEO Wayne Peacock as director of the board. “The addition of both of …
POSTED DECEMBER 17, 2025 2:03 PM |
California Regulator Puts Tesla Sales Suspension Order on Hold
A California regulator has deferred an order for Tesla to suspend sales in its biggest U.S. market, giving the electric vehicle maker more time to address its accusation of misleading marketing and overstating self-driving capabilities. The Department of Motor Vehicles …
POSTED DECEMBER 17, 2025 1:48 PM |
CFC Hires Aspen’s Camara as CEO of CFC USA
Specialist insurer CFC said it has named Justin Camara as chief executive officer of CFC USA Camara, a 30-year industry veteran, will arrive to lead CFC USA’s growth strategy in the U.S. from his latest role as executive vice president …
POSTED DECEMBER 17, 2025 1:29 PM |