San Francisco Archdiocese Paying $395M to Settle Child Sex Abuse Lawsuits July 1, 2026 By Olga R. Rodriguez The San Francisco Catholic Archdiocese has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual...
People Moves: AIG Hires Bewlay From AXA Group to Become Global CUO July 1, 2026 Nancy Bewlay will become American International Group’s new global chief underwriting officer in the insurer’s latest development at top leadership....
The Fidelis Partnership Launches US SME Casualty Reinsurance MGA July 1, 2026 Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), announced the launch of Adroit Underwriting Ltd., a Bermuda-based...
Iran Says Ship Ran Aground in ‘Unauthorized’ Hormuz Transit July 1, 2026 By Patrick Sykes Iran said a foreign container ship ran aground while sailing through the Strait of Hormuz via an “unauthorized” route, repeating...
Insurer CEO Shooting Suspect Mangione’s Federal Trial Delayed Until After State Trial July 1, 2026 By Jennifer Peltz, Larry Neumeister and Michael Sisak Luigi Mangione’s federal trial in the killing of UnitedHealthcare CEO Brian Thompson will now begin in January instead of the...
People Moves: CRC Names Crotty to Lead Northeast Benefits Initiative July 1, 2026 CRC Benefits, a division of CRC Group headquartered in Dallas, Texas, hired Karen Crotty as a benefits sales executive to...
Passenger Jet Reported Hitting Drone. Helicopter Had Near Miss Hours Later. July 1, 2026 By Josh Funk A passenger jet reported striking a drone while approaching JFK International Airport on Monday, and just hours later, a helicopter...
UK Investors Sue Binance in London for £150 Million July 1, 2026 Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the...
Climate Change Keeps Adding to List of Uninsurable Assets, Allianz Executive Says July 1, 2026 By Alastair Marsh Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too...
People Moves: Gerger Named CEO of Big I Illinois July 1, 2026 The board of directors of Big I Illinois named Brett Gerger CEO, effective July 1. Gerger, who has served as...