Georgia Commercial Lender Owner Charged With $140M Ponzi Scheme July 11, 2025 By Jeff Amy NEWNAN, Ga. (AP) — A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least...
How Northeast States Will Share in $720 Million Opioid Settlement With 8 Firms July 11, 2025 States have secured about $720 million in settlements from eight pharmaceutical companies accused of fueling the opioid epidemic. The settlement...
Microsoft Outlook Users Experience Hourslong Outage Impacting Email July 11, 2025 By Associated Press After Outlook users ran into issues accessing their email accounts late Wednesday and into Thursday, Microsoft says that affected systems...
How Carriers Can Win More Retail Broker Biz: Report July 11, 2025 By segmenting retail brokers into tiers using premium volume, profitability and strategic alignment as factors to define top tiers, carriers...
People Moves: Consilium Taps Carpenter’s Coleman for C-Suite After Co-CEO Baird Suddenly Exits; Everest Promotes Shaw as Chief Commercial Officer of Int’l Division July 11, 2025 This edition of International People Moves details appointments at the broker Consilium and Everest’s International Insurance Operation. A summary of...
Gun Makers Lose Appeal of New York Law Making Them Potentially Liable for Shootings July 11, 2025 By Larry Neumeister A New York state law holding gun manufacturers potentially liable when their weapons are used in deadly shootings was upheld...
Markets/Coverages: Aon Launches Insurance Facility for Full Lifecycle of Data Centers July 11, 2025 Insurance broker Aon plc announced the launch of its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility...
Red Sea Insurance Premium Spikes as Houthi Risks Return July 11, 2025 By Verity Ratcliffe and Weilun Soon The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and...
European Commission to Propose Floating Russian Oil Price Cap July 11, 2025 By Julia Payne and John Irish The European Commission is expected to propose a floating Russian oil price cap this week as part of a new...
US Faces More Extreme Weather Events, but Is Society Doing Enough? July 11, 2025 By Seth Borenstein After deadly flooding in central Texas in 1987, some thought they’d proven they could handle Mother Nature’s best punch. Then...