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AXA CEO Says Prevention Needed to Keep Home Insurance Affordable

A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention needs to become “a mandatory part” of insurance …

Templar Specialty Expanding Executive and Professional Liability Insurance Offerings

Templar Specialty announced that it is now expanding its executive and professional liability insurance offerings to include excess and A-side Directors & Officers coverage to public companies. This follows the success of Templar Specialty’s Executive and Professional Shield, a suite …

Texas Panhandle Town Grapples with Recovery One Year After Devastating Wildfire

Past the terracotta canyons and sloping hills in the Texas Panhandle is a colorful, small town center. A vibrant mural of the town’s name greets visitors, the yellow and blue paint from a historic motel can be seen in the …

US Soldier Linked to AT&T Hack Accused of Contacting Spy Agency

A 21-year-old US soldier accused of trying to sell AT&T call records of Donald Trump’s family members also attempted to pawn off sensitive data to a foreign intelligence organization, according to court documents. Cameron Wagenius pleaded guilty earlier this year …

Why People Rebuild in Appalachia’s Flood-Ravaged Areas Despite Risks

On Valentine’s Day 2025, heavy rains started to fall in parts of rural Appalachia. Over the course of a few days, residents in eastern Kentucky watched as river levels rose and surpassed flood levels. Emergency teams conducted over 1,000 water …

Philadelphia Tests Bullet-Resistant Glass to Protect City Bus Drivers

Philadelphia’s public transit system is moving forward with plans to test-run bullet-resistant glass enclosures for drivers on city buses, joining other cities hoping to provide more protection for drivers who often face violence and harassment from passengers. Law enforcement officers …

Mansion at Risk of Tumbling Into Cape Cod Is Demolished

A luxury home that had been on the verge of tumbling into Cape Cod Bay due to erosion has been demolished. A potential collapse of the 5,100-square-foot home threatened oyster beds in nearby Wellfleet Harbor, but a dispute over its …

Woman Pleads Guilty to Federal Charge in Plot to Sell Elvis’ Graceland Home

A Missouri woman pleaded guilty Tuesday to a federal charge accusing her of concocting a brazen plot to defraud Elvis Presley’s family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale. …

Insurtech Root Finishes 2024 With First Yearly Profit

Root Inc. followed up its first ever quarterly net profit in the third quarter with another in the last quarter of 2024, and finished with the first profitable year in the company’s history. The Columbus, Ohio-based parent company of Root …

People Moves: Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance

This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here. Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe Beazley, the London-based specialty insurer, announced the appointment of …

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