Skyward Specialty Agrees to $555M Buy of Apollo Group From PE Firm Alchemy September 2, 2025 Skyward Specialty Insurance Group said it has a definitive agreement with the majority sellers to acquire 100% of Lloyd’s insurer...
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says September 2, 2025 The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up...
Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury September 2, 2025 By Bernard Condon The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of...
DHS Secretary Noem Fires Two Dozen at FEMA Citing Cyber Lapses September 2, 2025 By Patrick Howell O'Neill Homeland Security Secretary Kristi Noem announced that she fired two dozen employees from the Federal Emergency Management Agency after a...
WhatsApp Finds New Hacking Campaign Targeting Fewer Than 200 People September 2, 2025 By Raphael Satter WhatsApp said Aug. 29 it discovered an advanced cyberespionage effort that took advantage of a chain of security vulnerabilities in...
Sedgwick: Recalled Products in US Hit Lowest Quarterly Level in 3 Years September 2, 2025 The number of products recalled across the U.S. in the second quarter fell 31.5% from 125.37 million units in the...
Most Trump Tariffs Are Not Legal, US Appeals Court Rules September 2, 2025 By Dietrich Knauth, Nate Raymond and Tom Hals A divided U.S. appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s...
Katrina’s Legacy: Louisiana Fortifies Itself Against the Next Storm August 29, 2025 By Ezra Amacher When Hurricane Katrina made landfall in southern Louisiana 20 years ago, the region was ill-prepared for the 125 mph winds...
NOAA Develops Tool to Predict Hourly US Wildfire Hazards August 29, 2025 Scientists at National Oceanic and Atmospheric Administration (NOAA)’s Global Systems Laboratory said it has developed an hourly assessment of wildfire...
The Ghost of Hurricane Katrina Haunts Catastrophe Modelers August 29, 2025 By Gautam Naik When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in...