Police Chief Fired in Aftermath of Child’s Shooting Death in Mississippi City
The police chief of a northern Mississippi city where 1-year-old child Kohen Wiley was shot and killed by police responding to a shoplifting call was fired Tuesday amid a new controversy. Senatobia Police Chief Harold Vanderford submitted his resignation the …
People Moves: Rousseau Named Head of International at Marsh Re; Lockton Hires Tatola as Head of Specialties, Canada
Marsh announced Laurent Rousseau as head of international, Marsh Re, effective immediately. Rousseau is based in London and will continue to report to Dean Klisura, president and CEO, Marsh Re. In this newly expanded role, Rousseau will lead Marsh Re’s …
OpenAI Commits $1 Billion to Cyberdefense Effort Amid Safety Scrutiny
OpenAI said on Sept. 3 it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns grow over increasingly sophisticated AI-enabled cyberattacks. OpenAI has faced increased …
People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams
Ciak Joins Guy Carpenter’s Healthcare Team from BMS Group Jessica Ciak joined the healthcare segment Guy Carpenter as the firm’s as a senior vice president, focusing on the U.S. medical professional liability sector. Based in Minneapolis, Minnesota, Ciak reports to …
King Risk Partners Acquires New Jersey’s Conover Beyer Associates
King Risk Partners announced the acquisition of Conover Beyer Associates Insurance, an independent insurance agency based in Manasquan, New Jersey. Founded in 1882, Conover Beyer Associates is a family and veteran-owned agency offering business and personal insurance, employee benefits, commercial …
Viewpoint: Global Reinsurance Pricing to Remain Under Pressure Through 2027
S&P Global Ratings maintains a stable view of the global reinsurance sector. Reinsurers entered the 2026 hurricane season from a position of strength, supported by record-high capital adequacy and strong year-to-date operating performance. Even so, near-term headwinds are emerging. Abundant …
SAIF in Oregon Declares $50 Million Dividend
SAIF is distributing a $50 million dividend to its policyholders. The board of the Oregon not-for-profit workers’ compensation provider declared the dividend, making it the 17th straight dividend distributed to policyholders. The dividend reflects SAIF’s continued financial strength and it …
Efforts Underway to Salvage Maine and Boston Schooners That Sank in NYC Canal
For more than a century, the Pilot and the Victory Chimes — two historic schooners with towering sails — have between them served the country in wartime, hosted the likes of Jacques Cousteau and graced the Maine state quarter. But …
New Jersey Takes Fight Over Kalshi’s Prediction Market to US Supreme Court
New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms. The state asked the Supreme Court to overturn …
EU Tweaks Antitrust Rulebook to Help Boost Bloc’s ‘Resilience’
The European Commission unveiled plans to give firms enjoying market dominance more leeway if they help boost the bloc’s “resilience,” as supply chains come under increased pressure from overseas threats. As part of a review of guidelines on the application …
France Declares Fifth Heat Wave After Hottest Summer Ever
France is bracing for its fifth heat wave this year after the hottest summer in its history ravaged forests, hurt the tourism season and destroyed crops in Europe’s top agriculture producer. The new heat wave is due to start on …
World Insurance Acquires New Jersey’s Pellechio Family Agency
World Insurance Associates announced it acquired the business of Pellechio Family Agency of Parsippany, New Jersey on May 1, 2026. The Pellechio agency was founded in 2107. It offers commercial and personal insurance. Terms of the transaction were not disclosed. …
Business Moves: Oneglobal Broking Acquires LATAM Reinsurance Brokers
Oneglobal Broking, the London-based international insurance and reinsurance broker, has acquired LATAM Reinsurance Brokers Corp., an independent reinsurance broker headquartered in Panama City, Panama. Financial details of the deal were not disclosed. The acquisition marks a further milestone in Oneglobal’s …
People Moves: Pharmacists Mutual Names Shaw as VP and Head of Claims
Pharmacists Mutual Insurance Group announces that Sharon Duez Shaw has been named Vice President and Head of Claims. Shaw joined the organization on August 31, 2026, as part of a planned leadership transition from Peter Lambert, Senior Vice President, who …
Tesla Readies Cybercab Launch Event That’s Shrouded in Mystery
In late 2024, Elon Musk took the stage on a Hollywood studio lot to unveil the Cybercab, a vehicle with no steering wheel or foot pedals that he promised would revolutionize car travel across the country. Almost two years later, …
Amwins Acquires Firearms Insurance Specialist Joseph Chiarello & Co.
Specialty insurance wholesale broker Amwins reports it has acquired Joseph Chiarello & Co., Inc., a managing general agent (MGA) specializing in commercial insurance for the firearms industry. Terms of the deal were not disclosed. Chiarello will join Amwins Underwriting, adding …
US-Iran Clashes Escalate as Fears Grow of Extended Conflict
Fighting between the US and Iran over control of the Strait of Hormuz intensified after a period of relative calm, triggering a fresh jump in energy prices as fears grow of an open-ended war. The US military carried out a …
People: Builders Insurance Names Jasmund Board Chairman
Atlanta-based Builders Insurance Group has named David Jasmund, a longtime board member and investment banker, as chairman of the board. Jasmund succeeds Charles Potok, who retired last month after three years as chairman, the company said in a news release. …
Tech Update: Howden Re Offers Property-Level Modeling for SRCC Risks
Howden Re, the reinsurance arm of insurance broker Howden, is partnering with the modeling company Synthetik Insurance Technologies, to launch an analytical tool designed to help insurers and reinsurers better understand, quantify, and manage strikes, riots and civil commotion (SRCC) …
Texas A&M Forest Service Launches Prescribed Burn Manager Insurance Program
The Texas A&M Forest Service launched an insurance program this week to provide liability protection for qualified certified and insured prescribed burn managers (CIPBMs). The Texas Prescribed Burn Manager Insurance Program was created in response to a recent House Bill …

