National News

NAMIC, Big ‘I’ Join Call to Do Away With Federal Insurance Office

The National Association of Mutual Insurance Companies and the Independent Insurance Agents & Brokers of America are the latest from the industry to join a call in support of a measure to abolish the Federal Insurance Office. The trade groups …

Arthur J. Gallagher Completes Buy of Woodruff Sawyer

Just over a month since insurance brokerage Arthur J. Gallagher & Co. said it had a definitive agreement in place to buy Woodruff Sawyer for $1.2 billion, the deal is closed. Gallagher said April 10 that the acquisition of San …

Sarah Palin, New York Times to Face Off in Defamation Retrial

Sarah Palin and the New York Times are headed back to a courtroom where the former Alaska governor and Republican vice presidential candidate will try convincing a second jury the newspaper defamed her in an editorial about gun control. A …

People Moves: Willis Names Spinelli Head of Transactional Claims; Amadori Joins Zurich From Markel to Head Management Liability; BHSI’s New Casualty Leaders

Willis, a WTW business headquartered in New York City, appointed Dom Spinelli as head of transactional insurance claims for North America. He leads the claims function within Willis’ Alternative Asset Insurance Solutions (AAIS) industry vertical division, overseeing the entire life …

Buffett’s Duracell Sued by BASF Over Lithium Battery Secrets

Billionaire investor Warren Buffett’s Duracell battery maker was accused by chemical producer BASF SE of stealing trade secrets about lithium ion battery technology. BASF, the world’s biggest chemical maker by revenue, claims in a lawsuit that Duracell, owned by Buffett’s …

Markets/Coverages: The Hanover, Hagerty Partner to Provide Collector Car Protection

The Hanover Insurance Group announced a collaboration with Hagerty to provide specialized insurance for classic cars. Hanover Collector Car, powered by Hagerty, combines the total account protection The Hanover is known for with Hagerty’s expertise in collector vehicle claims and …

EEOC Chief Shifts Focus to Investigating DEI but Methods Provoke an Outcry

The acting chief of the top federal agency for protecting worker rights has signaled a pivot toward prioritizing President Donald Trump’s campaign to stamp out diversity, equity and inclusion programs in the private and public sectors. The initial steps taken …

NHTSA Estimates Traffic Fatalities in 2024 Were Lowest in Five Years

Early estimates from the National Highway Traffic Safety Administration for traffic fatalities in 2024 indicate that the number of people who died in traffic crashes will reach the lowest point in five years. The NHTSA estimates project that 39,345 people …

Roof Repair and Replacement Costs Up Nearly 30% Since 2022: Verisk

Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to a new report from Verisk. The strategic data analytics and technology provider reported that roof-related line items made up more …

Trump Issues Order to Block State Climate Change Policies

U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of …

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