Markel Insurance Restructures Markel Specialty, Appoints Leaders April 23, 2025 Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business...
FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024 April 23, 2025 By Raphael Satter Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said...
Safeguarding the Marine Transportation System: New Cybersecurity Rules April 23, 2025 By Erik M. Kowalewsky and Brian Ramkissoon The maritime industry is grappling with an escalating wave of cybersecurity threats as it increasingly relies on interconnected digital systems....
Environmental Lawyers Get Ready to Pounce on Energy Deregulation Moves April 23, 2025 By Nichola Groom and Valerie Volcovici U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump’s administration...
Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’ April 23, 2025 By Chad Hemenway First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires...
UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers April 22, 2025 United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services—...
Business Moves: Ignyte, Novacore Spin Off From NSM Commercial Business Sale April 22, 2025 Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New...
New Survey Shows Company Drivers Overwhelmed and Worried April 22, 2025 By Jahna Jacobson As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision...
People Moves: Xceedance Names Sankaran Global COO; Naquin Joins ReSource Pro as GM, Tech Services April 22, 2025 Xceedance Appoints Sankaran as Global Chief Operating Officer Xceedance, headquartered in Worcester, Massachusetts, named Subramanian (Subbu) Sankaran to the new...
Don’t Forget Tariff Impacts on Workers’ Compensation: Berkley April 22, 2025 The chief executive of W.R. Berkley Corp. said his company is very focused on the impacts of tariffs on loss...