Root Builds on First Profitable Year With Reversal of Q1 Loss to Start 2025 May 8, 2025 By Chad Hemenway Root Inc. reported first quarter net income of $18.2 million to build off results of 2024—its first profitable year. The...
Apollo’s Aspen Insurance Raises $397.5 Million in US IPO May 8, 2025 Aspen Insurance priced its New York initial public offering within its marketed range on Wednesday, raising $397.5 million for the...
Trump’s Plan to Fix Air Traffic Control Faces Huge Hurdles May 8, 2025 By David Shepardson and Rajesh Kumar Singh U.S. Transportation Secretary Sean Duffy on Thursday will call for tens of billions of dollars to overhaul America’s strained air...
People Moves: Marsh Taps FERMA’s Beaupérin as Client Leader, Risk Management, Europe; Sompo Int’l Holdings Names Walsh as Independent Non-Exec Chair May 8, 2025 Marsh Taps FERMA’s Beaupérin as Client Leader, Risk Management, Europe Marsh, the insurance brokerage business of Marsh McLennan, announced the...
Jury Awards $3M for Defective Airbag That Seriously Injured Florida Man May 8, 2025 MIAMI (AP) — A South Florida jury has awarded $3 million to a man who was severely injured by a...
Markets/Coverages: CFC Launches Simplified Intellectual Property Product May 8, 2025 CFC, the London-based managing general agent and cyber specialist, announced the launch of its new simplified intellectual property (IP) product....
Family Sues Over Florida Deputy’s Shooting of Airman at Apartment May 8, 2025 By Kate Payne The family of a U.S. airman who was shot by a Florida sheriff’s deputy inside his own home sued the...
Zurich Insurance P/C Revenue Rises in 1st Quarter; Targets Affirmed May 8, 2025 By Paolo Laudani Zurich Insurance reported higher first-quarter revenue and gross written premiums at its core property/casualty (P/C) business on Thursday, maintaining its...
Update: Engineer Report Showed Clearwater Condo in Good Condition Last Fall May 8, 2025 A recent engineering report on a 46-year-old condominium building in Clearwater found no significant structural problems before cracks were found...
Lloyd’s Promotes Chief of Markets Tiernan to CEO, Succeeding Neal May 8, 2025 Lloyd’s, the re/insurance marketplace, announced that Patrick Tiernan has been appointed as chief executive officer by the Council of Lloyd’s,...