The professionalization of college sports has prompted concern among team physicians that they will be exposed to a greater risk of being sued by athletes who claim a poor outcome from treatment caused them to lose future earnings. Before July Read more…

AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified Ceded Re team, effective July 1, 2025. The unified Ceded Re team will operate under the leadership of Guy Van Read more…

Howden, the London-based insurance intermediary group, announced it has received regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia. The new business will be led by Motaz Bukhari, who has been appointed chief executive officer of Read more…

The electric grid for Boston and the surrounding region operated under a precautionary alert on Tuesday as the surplus of power was expected to narrow to a razor-thin margin amid soaring temperatures. ISO New England, the electric grid operator for Read more…

Democratic Oregon Gov. Tina Kotek on Tuesday signed into law a bill that provides unemployment benefits to striking workers, following neighboring Washington state in adopting measures spurred by recent walkouts by Boeing factory workers, hospital nurses and teachers in the Read more…

Ryan Specialty, headquartered in Chicago, Illinois, appointed Brad Storey to president of Irwin Siegel Agency (ISA), the social service industry focused managing general underwriter which is a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty. ISA is Read more…

Louisiana Attorney General Liz Murrill said on Tuesday she had filed three separate lawsuits against CVS CVS.N for unfair, deceptive and unlawful practices “that have harmed Louisiana patients, independent pharmacies, and the public at large.” The state is seeking both Read more…

The Trump administration has declared a power emergency in the US Southeast as a blistering heat wave strains grids across the country. The emergency order by the Energy Department allows Duke Energy Corp. to exceed certain air pollution limits and Read more…

Ledgebrook Inc, a technology-driven excess and surplus lines managing general agency, recently completed the close of a $65 million funding round. The oversubscribed Series C round was led by existing investor The Stephens Group, LLC . Existing investors Duquesne, Brand Read more…

Tropical Storm Andrea, the first tropical storm of the Atlantic hurricane season, was forecast to dissipate by Wednesday after forming at sea Tuesday, the National Hurricane Center said. The tropical storm was far from land in the middle of the Read more…