Markets/Coverages: Coalition Launches Cyber Insurance for Businesses in Nordic Region May 1, 2025 Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance product...
LA Fire Investigation Will Take a Year or More, Edison CEO Says May 1, 2025 By Mark Chediak, Alix Steel and Romaine Bostick The probe into the deadly Southern California Eaton fire is likely to take a year or more as authorities examine...
Business Moves: CRC Group Acquires ARC in E&S Deal May 1, 2025 Independent insurance wholesaler CRC Group said it has acquired specialty wholesale distributor ARC Excess & Surplus. Terms were not disclosed....
Arthur J. Gallagher & Co. Acquires New Zealand’s First Capital Financial Services May 1, 2025 Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based First Capital Financial Services and its affiliate First Capital...
Severe Storms Take 4 Lives, Cause Power Outages, Close Roads in Pennsylvania May 1, 2025 Officials and first responders in Pennsylvanians are assessing and cleaning up the damage caused after severe storms swept across western...
Scientists Tally Oil Majors’ Climate Damage With Eye to Legal Liability May 1, 2025 By Eric Roston Over the last decade, scientists have rapidly developed the field of climate attribution research, teasing out the role played by...
Court Questions NJ Diocese’s Bid to Block Grand Jury on Clergy Sex Abuse May 1, 2025 By Mike Catalini Members of New Jersey’s Supreme Court sounded skeptical at times Monday about the effort of a Catholic diocese to stop...
Chinese Hacking Competitions Fuel the Country’s Broad Cyber Ambitions May 1, 2025 By Jamie Tarabay Dustin Childs can still describe the best demonstration of a winning hack at an international tournament he’s ever seen. It...
Viewpoint: Regulatory Proposals in Australia, Malaysia Reshape Reinsurance Strategies May 1, 2025 By Kanishka de Silva and Jeffrey Liew The regulatory landscape in the Asia-Pacific region is rapidly evolving, influencing insurers’ risk management and capital adequacy. Australia and Malaysia...
Countries Shore Up Digital Defenses as Global Tensions Raise Cyberwarfare Threat May 1, 2025 By David Klepper Hackers linked to Russia’s government launched a cyberattack last spring against municipal water plants in rural Texas. At one plant...