Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits May 8, 2024 By Mohammed Hatem and Olivia Solon Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes...
Marsh McLennan Agency Acquires Long Island Broker AC Risk Management May 3, 2024 Marsh McLennan Agency, a subsidiary of Marsh, reported it has acquired AC Risk Management (ACRM), an independent commercial lines brokerage...
Construction-Focused MGA, Phoenix Specialty, Launches With Capacity From AXA UK April 9, 2024 Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving...
People Moves: Woodruff Sawyer Opens New York Office Headed by 6 Acrisure Hires March 19, 2024 California-based independent insurance broker Woodruff Sawyer announced it is expanding its East Coast footprint with the addition of six executives...
India Tunnel Collapse Shows Risk of Construction in Fragile Himalayas November 20, 2023 By Lou Del Bello For nearly a week, 40 workers have been trapped in an under-construction tunnel after a landslide demolished its entrance, derailing...
UK Parliament Calls in Surveyors to Test for Dangerous Concrete September 6, 2023 By Alex Wickham Tests are being carried out to determine whether the UK Houses of Parliament contain the form of crumbling concrete that...
Manhattan Crane Collapse Linked to Owner, Operator With Past Safety Violations July 31, 2023 By JAKE OFFENHARTZ As authorities continue to investigate a crane collapse that rained thousands of pounds of steel debris onto a busy Manhattan...
New York City Construction Crane Catches Fire, Collapses and Crashes July 27, 2023 By JAKE OFFENHARTZ and Karen Matthews A towering construction crane caught fire high above the West Side of Manhattan on Wednesday morning, causing its long arm...
Risk Strategies Acquires Castle Rock Capacity in New York July 26, 2023 National specialty insurance broker Risk Strategies has acquired Castle Rock Capacity, a property/casualty insurance broker with a specialty in the...
Fire Fears After UK’s Grenfell Disaster Set Back Wood Building, With Insurance as Factor April 27, 2023 By Olivia Rudgard To get fire department approval for their six-story London office project made of strong engineered wood known as mass timber,...