OAK Global Launches Retro Syndicate at Lloyd’s September 4, 2025 OAK Global is launching a new strategic business unit, OAK Enterprise, which will be focused on underwriting retrocession business with...
Shipping Company Fined $2M for Maritime Pollution September 4, 2025 A global ship management and maritime services company was ordered to pay $2 million for improperly discharging oily waste into...
The Year So Far: Liberty Mutual Improves Most Among Nationals; Discipline Tested September 4, 2025 A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly...
EU Regulator Flags Surge in Online Sales of Counterfeit Weight-Loss Drugs September 4, 2025 The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and...
US P/C Insurance Industry First-Half Underwriting Profit Triples September 4, 2025 The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for...
Forklift Error at New York Beauty Products Warehouse Spurs Chemical Leak and Fire September 4, 2025 A chemical leak and fire at a suburban New York beauty products warehouse Tuesday may have been caused by a...
Relation Acquires Illinois’ Joseph M. Wiedemann & Sons September 3, 2025 Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went...
Tropolis Completes Acquisitions of 8 Agencies in 3 States September 3, 2025 Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not...
Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3 September 3, 2025 One person was killed and three were injured when two small planes collided midair as they tried to land at...
Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time September 3, 2025 St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, the latest Florida-based insurer to...