Holmes Murphy, headquartered in Waukee, Iowa, named 23 new employees who made their first stock purchase after completing the company’s premier leadership program, Holmes Murphy University. Shareholders help determine the direction of major company initiatives, grow employees and the company, Read more…

Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups. Ryan Transactional Risk Enviro is providing Environmental Remediation Cost Overrun insurance for corporate transactions and Read more…

First Financial announced that it has entered into a definitive agreement to acquire Westfield Bancorp, in a cash and stock transaction, from Ohio Farmers Insurance Company. Ohio Farmers is the parent company of the global property and casualty insurance group Read more…

Brit Group Holdings Limited announced the launch of Brit Flood, a new digital underwriting platform for brokers to help address the protection gap which exists in the US flood market. “With floods occurring more frequently, the role of private insurance Read more…

The National Highway Traffic Safety Administration is seeking information from Tesla after reviewing online videos of a robotaxi allegedly using the wrong lane and of speeding by another driverless vehicle. The U.S. auto safety agency said it is “aware of Read more…

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…