Connecticut Seeks Consultant to Explore Nonprofit Liability Insurance Options July 8, 2026 The Connecticut Insurance Department (CID) is seeking a consultant to conduct a study and present options to improve the liability...
Damaged Qatari LNG Tanker Awaits Salvage After Strike as Hormuz Risks Escalate July 8, 2026 By Jonathan Saul, Marwa Rashad and Andrew Mills A Qatari LNG tanker was still stuck off Oman on Wednesday awaiting salvage operations, shipping data showed, a day after...
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI July 8, 2026 By Stephan Kahl Allianz SE plans to eliminate hundreds of positions at its assistance and travel insurance subsidiary Allianz Partners as the company...
Developer Downplays Structural Concerns at ‘Unstable’ Midtown Manhattan Tower July 8, 2026 By Natalie Wong The structural concerns that led New York City officials to shut down a Midtown Manhattan high-rise and evacuate surrounding buildings...
NYC Is Racing to Secure Unstable Midtown Manhattan Building July 8, 2026 By Nacha Cattan, Natalie Wong and Myles Miller New York City officials were racing to stabilize a high-rise building in the heart of Manhattan after cracks developed in...
London Moves to Expand Influence in $140 Billion ILS Market July 8, 2026 By Gautam Naik The world’s biggest hub for commercial and specialty risk is angling for a much more prominent role in the $140...
Private Equity Turns to Heat Detectives as Climate Risks Intensify July 8, 2026 By Ishika Mookerjee Erratic weather is forcing private equity investors to scrutinize a new source of financial risk — whether assets in their...
Smith Brothers Insurance Expands With Addition of Norcom Agency July 8, 2026 Glastonbury, Connecticut-based Smith Brothers Insurance has expanded its presence into western Connecticut with the acquisition of independent insurance agency Norcom...
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims July 8, 2026 By Alexandre Rajbhandari Oklahoma’s attorney general sued Allstate Corp., alleging the insurer schemed to minimize payouts to homeowners for wind and hailstorm damage...
Supreme Court Lets Texas’ Age App Verification Law Stand July 8, 2026 By Paul Cobler, The Texas Tribune and Alex Nguyen, The Texas Tribune Texas can continue enforcing a law requiring app marketplace operators like Google and Apple to verify all users’ ages after...