How Responders Rescued Steel Plant Workers; Search for Cause of Blast Underway August 14, 2025 By Peter Smith, Pittsburgh Post-Gazette, Michael Casey and Marc Levy Moments after an explosion erupted at a U.S. Steel plant outside Pittsburgh, company firefighters, local responders and employees raced in...
Another Downgrade for State Farm General: S&P Lowers Rating to A- August 14, 2025 Earlier this month, Standard & Poor’s Global Ratings announced another downgrade for State Farm General Insurance Co., lowering the California...
Norway Spy Chief Blames Russian Hackers for Dam Sabotage in April August 14, 2025 By Nerijus Adomaitis Russian hackers briefly took control of a dam in Norway earlier this year, the head of the Nordic country’s counter-intelligence...
Australia Pension Fund Mercer Sued Over Customer Disclosures August 14, 2025 By Amy Bainbridge Australia’s financial regulator is suing A$70 billion ($46 billion) pension fund Mercer Super, accusing it of failing to report multiple...
Swiss Re Sets Up Task Force to Monitor Tariff Impact August 14, 2025 By Noele Illien Swiss Re AG has set up a task force to see how the tariffs installed by the United States against...
Hong Kong Extends Record Rain Warnings as Podul Skirts City August 14, 2025 By Mary Hui Hong Kong’s central business district and outer airport were hit by violent gusts and a deluge of heavy rain on...
Nigeria Gives Insurers a Year to Boost Capital Fivefold August 14, 2025 By Emele Onu Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses....
Mission, Purpose Not High on Wish Lists of Industry Newbies: Informal Talent Poll August 14, 2025 A poll of workers recently hired into the property/casualty insurance industry conducted during a Travelers Institute webinar last month produced...
Senator Schiff Brings Back Idea of Federal Reinsurance Program August 14, 2025 Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal...
People Moves: Sterling Seacrest Pritchard Adds QB Jake Fromm to the Backfield August 14, 2025 Former University of Georgia and NFL quarterback Jake Fromm has been hired as client advisor for Georgia-based insurance broker Sterling...