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,...
Teenage Basketball Players Among 8 Killed in Kansas Highway Crash May 8, 2025 By John Hanna and Heather Hollingsworth Two teenage basketball players, a coach and a trainer from the Tulsa, Oklahoma, area who were on their way back...
St. Louis to Pay $4M Settlement Over Conditions at Now-Closed Jail May 8, 2025 By Heather Hollingsworth St. Louis has agreed to pay $4 million to settle a class action lawsuit alleging that inmates at a former...
Hub Acquires Louisiana’s Demarie Insurance May 8, 2025 Hub International Limited announced that it has acquired the assets of FGLP Equity Partners, LLC dba Demarie Insurance Agency (Demarie...
UnitedHealth Sued by Shareholders Over Reaction to Backlash From Executive’s Killing May 8, 2025 By Jonathan Stempel UnitedHealth Group was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging...
Chairman of South Korea’s SK Group Apologizes for Massive Data Leak at SK Telecom May 8, 2025 SK Group Chairman Chey Tae-won apologized on Wednesday for a massive data leak at South Korea’s largest mobile carrier, SK...
UK Cyber Security Chief Names China as Dominant Hacking Threat May 8, 2025 By Alex Wickham The UK has named China as the dominant threat to national cybersecurity after a series of hacks and breaches involving...
EU to Propose More Sanctions on Russia’s ‘Shadow’ Oil Tankers May 8, 2025 By Alberto Nardelli and Andrea Palasciano The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil...
Viewpoint: Challenging P/C Market Generates Opportunities for Surplus Lines’ Writers May 8, 2025 By David Blades The U.S. surplus lines market notched double-digit year-over-year (YoY) premium growth from 2018-2023, as wholesale brokers tapped this market with...
California Labor Commissioner Fines Care Facility $40,000 in Retaliation Case May 8, 2025 A mental healthcare facility was ordered to pay $40,460 after the California Labor Commissioner’s Office found the company unlawfully terminated...