European insurers are approaching the new year from a position of strength, having benefited from supportive interest rates and pricing cycles over the past two years. However, 2025 is expected to present more challenges, with falling yields and moderating premium …

The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital have slowed M&A activity, with deal flow declining …

President-elect Donald Trump sued the Des Moines Register and its pollster for “brazen election interference” in publishing a survey the weekend before the election that showed Democrat Kamala Harris with a surprising lead of three percentage points in the state. …

The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community — they provide income for fishermen, an after-school hangout spot for kids, and define the town’s landscape. But when it rains, …

Texas Governor Greg Abbott has a new ambition for the Lone Star State: surpassing France as one of the world’s largest economies. Abbott predicted that economic output in Texas would soon exceed that of the struggling European nation thanks to …

Texas agencies reported 252 new cases of groundwater contamination during 2023 in the Texas Groundwater Protection Committee annual report. The latest report compiles 2,870 open cases of groundwater contamination, some of which date back decades. Nearly every county in Texas …

Ardonagh Group has secured new investment from Stone Point Capital, almost doubling the valuation of the UK insurance broker to $14 billion in three years, according to people familiar with the matter. The deal will see Greenwich, Connecticut-based Stone Point …

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was killed during a police chase and crash in 2020. The city had acknowledged liability in the death of Da’Karia Spicer. The …

The Biden administration released a key study Tuesday that is likely to complicate President-elect Donald Trump’s plans to quickly approve more exports of liquefied natural gas. The study, which analyzed the economic, environmental and other costs of such shipments, found …

It’s a question that has cropped up in state courts only on rare occasions: If the owner or officer of a subcontractor firm opts out of workers’ compensation coverage for himself, can he then sue the general contractor for negligence …

In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued that it wasn’t litigation and roof claims that had led to so many insurer insolvencies: It …

Schrager Hampson Aviation Insurance Agency LLC, a division of Schrager Hampson Aviation Insurance Group, has announced the acquisition of Charles W. Bilella Agency Ltd, its sixth aviation insurance acquisition. The Charles W. Bilella Agency, in Blue Bell, Pennsylvania, has served …

Hub International Ltd. acquired the assets of Jackson Hole Insurance LLC in Wyoming. Evan Molyneaux, president, and Geoff Whitaker, senior sales executive, will join Hub Mountain. Jackson Hole Insurance will be referred to as Jackson Hole Insurance, a Hub International …

Massachusetts workers’ compensation insurers have filed for a 7.1% increase in average rates for industrial classes beginning July 1, 2025 — the first rate increase since 2016. Why an increase in 2025? According to the industry, it’s because the state …

The California Division of Occupational Safety and Health issued $276,425 in penalties to Parkwood Landscape Maintenance based in Van Nuys, California, for willfully violating state heat illness prevention regulations. Cal/OSHA determined that the employer knowingly failed to follow heat protection …

Two Washington asbestos removal contractors face losing the ability to legally do future asbestos removal work, plus nearly a half-million dollars in fines, for allegedly knowingly exposing workers to extremely hazardous conditions. The Washington State Department of Labor & Industries …

Amazon.com Inc. leaders rejected internal recommendations that the company relax warehouse worker productivity rates to curb injuries, according to a report from a congressional committee. Released Monday by the majority staff for the Senate Committee on Health, Education, Labor and …

New York’s largest taxi insurer that is facing serious financial and regulatory challenges has filed a lawsuit seeking more than $450 million against medical providers it alleges have been part of a huge fraud scheme that takes advantage of the …

NFP, an Aon company, announced its acquisition of Benefits Partner, LLC dba Salus Group, an independent employee benefits consulting, brokerage and administration firm based in Sterling Heights, Michigan. Michael Brillati, CEO of Salus Group, will join NFP as senior vice …

Massachusetts law enforcement officials report that 12 individuals identified as stealing 63 high-end vehicles totaling more than $2.6 million have been arraigned. Another individual related to the investigation has an outstanding warrant and has not yet been arrested. The takedown …