Hormuz Ship Insurance Demand Drops as Owners Get Nervous
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of…
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Dedicated Volunteers in Nashville Relay Calm, Straight-Talk Info During Dtorms
Anyone who has watched an episode of “9-1-1: Nashville” could be forgiven for thinking the city is constantly beset by tornadoes that turn outdoor concerts into scenes of carnage…
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Aon Appoints Mike Pasterick North America Health Leader
The latest people news in the industry today. Aon plc appointed Mike Pasterick as North America Health Leader, effective immediately. “As organizations face rising health care costs and increasing…
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Carmakers Broadly Win Round One in Massive UK Suits Over Diesel Emissions
Some of the world’s biggest carmakers on Friday largely won the first stage of a major legal battle over claims that their diesel vehicles were fitted with unlawful “defeat…
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MGA Fusion Specialty Acquired by UK Asset Manager Arrow Global; Arthur J. Gallagher Acquires Canada’s Wilson M. Beck Insurance Services
MGA Fusion Specialty Acquired by Asset Manager Arrow Global Arrow Global Group (Arrow), a UK-based investment manager specializing in private credit and real estate, announced its subsidiary Arrow Global…
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10 Reasons to be Bearish
Chart Kid Matt had an excellent post this past week that listed 10 reasons to be bullish. Each reason is attached to a chart. I won’t spoil the entire…
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SiriusPoint Names Mark Aspinall Head of New Fine Art & Specie Team
The latest people news in the industry today. SiriusPoint Ltd. appointed Mark Aspinall head of its new Fine Art & Specie team, effective January 2027. “Adding Mark to the…
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UK to Regulate Cloud Service Providers Microsoft, Google And Others to Protect Financial Stability
Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing them under direct regulatory oversight. The move is aimed…
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Company Ordered to Remove Thousands of Wind Turbine Blades in Texas
A Texas district court this week issued a temporary injunction against a wind turbine recycling company that has stockpiled thousands of wind turbine blades at two facilities in Sweetwater….
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Cyber Insurance Loss Ratios Rise as Pricing Cuts Erode Premium Growth
The U.S. cyber insurance market is facing mounting losses and structural shifts as price declines outpace premium growth, according to AM Best. The industry-wide cyber insurance loss ratio climbed…
