Arthur J. Gallagher's Risk Placement Services has acquired W.N. Tuscano Agency, bolstering its presence in Pennsylvania's wholesale insurance market.
Yemen's Houthi rebels impose a maritime embargo on Saudi Arabia, blocking the Bab al-Mandeb Strait in response to regional tensions.
AliExpress has been fined €550 million by the European Union for failing to manage illegal product sales on its platform effectively.
The Hong Kong government plans to take over the rights to a $255 million fire insurance claim related to the Wang Fuk Court tragedy.
A federal judge approved Meta's layoffs scheduled for July, rejecting claims that AI tools unfairly targeted disabled employees for job cuts.
An Alabama court ruling underscores that employers don't need to fund medical second opinions before confirming a worker's compensation claim.
A D.C. appeals court rules that a widow must contest the denial of enhanced line-of-duty benefits in trial court following her husband's death.
David Gansberg will become CEO of Vantage Group Holdings by June 2027, succeeding Greg Hendrick, who will remain until then.
Liberty Mutual and Qwest have settled a legal dispute regarding liability for the devastating 2021 Colorado wildfire, wrapping up their claims in court.
SiriusPoint appoints Emily Yoo as COO, signaling a focus on operational efficiency and technology amidst a competitive insurance market.
Travelers’ Q2 net income soared 46% to $2.21 billion, fueled by lower catastrophe losses and strong commercial insurance underwriting.
Galway Specialty Wholesale announces significant leadership changes aimed at enhancing its growth strategy and operational effectiveness.
Simpson Thacher enhances its insurance team by adding three partners, focusing on expertise amidst evolving private equity and insurance dynamics.
Dual Group has launched a global transactional risk facility aiming for $672 million in premiums by 2030, catering to rising cross-border deal complexities.
Munich Re Specialty has unveiled a comprehensive insurance offering tailored for miner rescue operations, addressing significant gaps in traditional coverage.