Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says November 7, 2025 By Gautam Naik Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according...
People Moves: MMA Appoints Balentine as President of National Business Insurance November 7, 2025 Marsh McLennan Agency (MMA), headquartered in White Plains, New York, appointed Adam Balentine as President of National Business Insurance. Based...
Markets/Coverages: Fidelis Launches Construction Consortium to Cover AI Data Centers November 7, 2025 The Fidelis Partnership (TFP), the Bermuda-based managing general underwriter, announced the launch of a consortium that targets risks associated with...
Explosion at Mississippi Chemical Plant Causes Ammonia Leak, Evacuations November 7, 2025 An explosion at a hydrogen and nitrogen product manufacturer in Mississippi on Wednesday caused an ammonia leak and forced nearby...
Louisiana Farm Bureau to Benefit From Demutualization, AM Best Says November 7, 2025 AM Best has placed under review with positive implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer...
Former Injury Lawyer and SC House Member Indicted on Charges of Defrauding Clients November 7, 2025 By Meg Kinnard A former South Carolina state lawmaker and injury lawyer has been indicted on federal allegations that he schemed to defraud...
Chicago Jury is Picked in Boeing Trial Over Payouts Related to Ethiopia Crash November 7, 2025 By Rio Yamat and Sophia Tareen More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial related to the...
Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth November 7, 2025 By L.S. Howard Zurich Insurance Group is continuing to expand its middle market and specialty footprint by investing heavily this year in targeted...
Jury Awards $10 Million to Virginia Teacher Shot by 6-Year Old Student November 7, 2025 By Andrew G. Simpson A jury in Newport News, Virginia has awarded $10 million to a teacher who was shot by a 6-year-old student....
Boeing Avoids US Criminal Charge in 737 Max Jet Crash Case November 7, 2025 By Madlin Mekelburg Boeing Co. will avoid a criminal charge over two fatal 737 Max crashes after a federal judge paved the way...