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A Houston businessman has been ordered to federal prison for conspiring to commit arson of a commercial building, the U.S. Attorney’s Office, Southern District of Texas announced. Lyndell Leroy Price, 44, was ordered to serve 105 months in federal prison …

Vanguard Claims Administration has acquired the business of Gibson & Associates Professional Claims Management, Inc., a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. The transaction closed on Oct. 30, 2026. Gibson has built …

Dave Brennan has joined Alliant Insurance Services as senior vice president within its employee benefits group. He will work with employers throughout the Midwest to develop strategic benefits programs that maximize value, address evolving workforce needs, and support broader financial …

Global insurance broker Marsh today announced it has acquired Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Triton will become part of Marsh Agency. Bob Peck, CEO of Triton Insurance Agency, and the …

Chevron Corp. expects to power up a Microsoft Corp. data center project in West Texas on schedule despite Governor Greg Abbott’s suspension of digital infrastructure permits. The energy company is working on permitting, engineering work and financing, Chevron Chief Financial …

Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a Dublin, Ohio-based provider of automotive Finance and Insurance (F&I) products and services. The acquisition, upon completion, …

Insurer Plymouth Rock took home three awards at the New Jersey Special Investigators Association (NJSIA) annual insurance fraud conference recently. The NJSIA conference brings together special investigations units (SIUs), claim professionals, and law enforcement for training and collaboration on detecting …

Precisely two weeks prior to the November 3 midterm elections, the administration announced the creation of a new government program for farmers, the US Department of Agriculture’s “Harvest Fuel Relief Program.” This provides $8 billion in federal subsidies to farmers, …

Voters in dozens of US counties and cities will soon have the chance to help enact policies that would slow down the development of data centers. Municipalities from Nevada to Georgia are giving residents an opportunity to vote for policies …

Munich Re Specialty announced its entry into the Australian primary specialty insurance market, providing property, construction & engineering, mining, and surety insurance products to commercial and mid-market clients. Munich Re Specialty said the launch of its Australian business further validates …

Everspan Group, a specialty property/casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has agreed to sell the admitted shell company Providence Washington Insurance Co. (PWIC) to Rhode Island-based Falvey Insurance Group. New York-based Everspan said the …

The pilot of a private jet told air traffic controllers the plane was experiencing moderate turbulence and going through some precipitation just before it plummeted at 20,000 feet per minute and crashed into a residential area in Florida, killing all …

Driven by powerful winds, three wildfires burned rapidly through neighborhoods in Spokane, Wash. Crossing natural and constructed boundaries, the fires damaged or destroyed nearly 1,000 buildings, leaving families homeless and the community with years of recovery ahead. First responders prioritized …

Binance has experienced $4.7 billion in net outflows since the crypto-exchange giant reinstated withdrawals following a historic hack, a figure that’s grown but is still a small portion of overall assets on the platform. The net outflows — which factor …

Mass demonstrations in Germany that passed largely peacefully on Saturday erupted in violence as night fell and rioters faced off against police in Frankfurt, Cologne, Hamburg and Berlin. Authorities blocked off Frankfurt’s main shopping street Die Zeil and arrested more …

Supermarkets across Europe were hit by suspected cyberattacks that resulted in sudden changes in the temperatures of their fridges and freezers on Monday, echoing a more widespread problem in France last month. Incidents were reported in Belgium, Ireland, Sweden, Finland …

The North Korean group accused of the world’s largest-ever crypto heist is a state-sponsored collective of elite hackers, groomed from an early age to hunt for “big game.” Artificial intelligence has now provided them with a powerful new tool to …

California insurers will be required to assess how climate risks, artificial intelligence, cyber threats and other challenges could affect their financial strength over the coming decades. California Insurance Commissioner Ricardo Lara has finalized the Long-Term Solvency Planning Regulation, which also …

A federal judge threw out Donald Trump’s renewed $10 billion defamation lawsuit against the Wall Street Journal and ruled that it can’t be filed again, marking another setback for the president’s legal fights with the press. Judge Darrin Gayles in …

American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group Ltd.’s insurance subsidiary in Chile. AIG also announced the completion of its previously announced acquisition of Everest Compañía de Seguros Generales Colombia S.A. (Everest …