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People Moves: Vermont Mutual’s Clark Named Io International Group Post

Vermont Mutual Senior Executive Assistant Paula Clark was recently named regional vice president of the International Association of Insurance Professionals (IAIP), announced at the Region I 2025 Conference held in Hasbrouck Heights, New Jersey. IAIP is a community committed to …

Lawmakers Urge FAA to Address Safety Issues at Washington Airport After Incidents

Three senior Democratic lawmakers on Tuesday urged the Federal Aviation Administration to address significant safety issues at Reagan Washington National Airport and maintain reduced air traffic after a series of troubling incidents. Representatives Rick Larsen and Steve Cohen and Senator …

A ‘Low-Attention Disaster,’ Mountain Fire Survivors Recover in LA’s Shadow

The ashes of Hatim Naim’s burned home lie just a few dozen miles west of the Los Angeles areas destroyed by January’s Palisades and Eaton fires. But because the Mountain Fire, which destroyed 182 houses and other structures in Ventura …

Viewpoint: California’s Latest Insurance Privacy Bill Would Add Layer of Regulation

California lawmakers are once again turning their attention to consumer privacy—this time with a laser focus on the insurance sector. At a moment when insurance companies are already navigating a minefield of data privacy laws, the newly proposed Senate Bill …

Environmental Lawyers Get Ready to Pounce on Energy Deregulation Moves

U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump’s administration over its rapid-fire and sweeping efforts to sidestep federal regulations on oil, gas and coal development. The preparations will pose …

British Food and Clothing Group M&S Discloses Cyber Incident

Britain’s Marks & Spencer said on Tuesday it has been managing a cyber incident over the past few days, and had made some temporary changes to its store operations. The more than 140-year-old clothing and food company said it is …

Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’

First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires overcame underlying results. Chief Executive Officer Evan G. Greenberg in a statement said the insurer “had a good first quarter …

IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with …

UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers

United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for an undisclosed cash consideration. Headquartered in Richmond, Virginia, Elephant is …

People Moves: Falcon Risk Services Appoints Coppola as Head of Management Liability

Falcon Risk Services, an MGA majority owned by HDI Global Specialty, a wholly owned subsidiary of HDI Global SE, announced the appointment of Laura Coppola as executive vice president, head of management liability. . Coppola oversees growth, portfolio management and …

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