Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan May 19, 2026 By Prejula Prem and Julian Lee The Strait of Hormuz remains effectively closed to commercial shipping, with maritime traffic reduced to a trickle and dominated by...
UK’s StanChart to Cut Over 7,000 Jobs, Boost AI to Replace ‘Lower-Value Human Capital’ May 19, 2026 By Selena Li Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace “lower-value human...
IICF Names Lowery-Biggers CEO May 19, 2026 The Insurance Industry Charitable Foundation (IICF) announced the appointment of LoriAnn V. Lowery-Biggers as CEO. Lowery-Biggers brings more than 30...
Tech, Modeling Prove Value-Add to Broker-Client Relationships: McGill’s Karg May 19, 2026 Due to the rapid evolution of artificial intelligence, data, and analytics, brokers are gaining the ability to treat the risk...
Jury Trial Is There if Corporations Need it, Appeals Court Finds in WV Opioid Case May 19, 2026 By William Rabb Corporations facing high-profile negligence lawsuits have been known to request a bench trial—held before a judge only and without the...
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI May 19, 2026 The numbers aren’t all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on...
Washington Commissioner Issued $167K in Fines in 2Q May 19, 2026 A Yakima insurance agent and an unauthorized insurance company are barred from doing business in Washington after Insurance Commissioner Patty...
Volvo Group Agrees to $197M Settlement With California Over Excess Truck Emissions May 19, 2026 By Essi Lehto and David Shepardson Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations...
Shipbuilder, Baltimore Officials Seize Upon Criminal Charges Against Dali Manager May 19, 2026 By Andrew G. Simpson The builder of the Dali cargo ship and Baltimore city officials are welcoming the U.S. government’s bringing of criminal charges...
FAA Admits Failure to Act on Warnings Before Jet-Copter Collision Killed 67 People May 18, 2026 By David Shepardson The head of the Federal Aviation Administration will tell Congress on Tuesday the agency failed to act on warnings prior...