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European airlines suffered a second wave of bomb threats on Thursday that indiscriminately targeted companies from low-cost operator EasyJet Plc to Finnish flag carrier Finnair Oyj, throwing air travel into disarray across a region already grappling with a series of …

Storms, high winds, fire hazards and equipment failure are many of the typical risks involved with the solar power industry. For the Dagda solar farm in rural Latvia, there’s now another one: drones. The owner of the farm, Sunly, has …

In one form or another during periods of some kind of marketplace softening, public insurance companies will insist underwriting discipline is being maintained. The insurer, they will say, won’t chase rate. For AIG, that means stepping back from guidance it …

A Florida appeals court has blocked, at least for now, a lower court’s order that would have required the release of financial records that Heritage Property & Casualty Insurance and two other carriers have said are trade secrets protected by …

Lockheed Martin has agreed to pay nearly $30 million to settle claims by President Donald Trump’s administration that the defense contractor discriminated against white workers through its workplace diversity, equity and inclusion (DEI) policies, according to two federal agencies. The …

A chaotic climate phenomenon is intensifying heavy rains and floods in the Southwest, experts say. A natural warming cycle called El Niño is sizzling Pacific Ocean waters, leaking moisture into the air that can fuel passing storms. Such El Niño …

Kenji Swepson joined global insurer Allianz Commercial as the west zone distribution leader and wholesale strategic relationship leader. Based in Los Angeles, Swepson reports to John Gambale, chief distribution officer, Americas, and is responsible for driving client and broker relationships …

An initiative set up by some of crypto’s largest companies to curb illicit activity has quietly been dissolved, at a time when crime involving digital assets continues to surge. The organization behind the Tron blockchain partnered with stablecoin issuer Tether …

Allstate Corp. third quarter 2026 net income applicable to common shareholders dropped nearly 45% with underwriting income down about 30% during the period. Net income was about $2 billion for Q3 versus about $3.7 billion for Q3 2025. Underwriting income …

Geologists and hydrologists can use scientific charts and graphs to understand the increasing water challenges facing South Dakota, but it only takes a brief visit to Bear Butte State Park near Sturgis for a non-scientist to see the outcome of …

Florida’s governor declared a state of emergency for seven counties after three days of extreme rainfall caused flooding in Brevard, DeSoto, Hardee, Highlands, Indian River, Martin and St. Lucie counties. The “1-in-1,000-year” event, as it was described by the National …

Oklahoma Insurance Commissioner Glen Mulready announced that the Oklahoma Insurance Department (OID) has approved a 4.8% decrease in workers’ compensation insurance loss costs for 2027. This reduction means lower premiums for many Oklahoma businesses. Loss costs are an industry measure …

Republican Bob Sullivan won the Oklahoma Insurance Commissioner’s race on Tuesday. Sullivan earned 59% of the vote, defeating Democrat Craig MacIntyre. Sullivan said on social media that voters “demanded fairness, transparency and accountability from their insurance commissioner.” Oklahoma faces some …

Lemonade announced the availability of its renters insurance in Minnesota. With this launch, Lemonade’s renters insurance is now available in all 50 states and Washington, D.C., making it the first Lemonade product offered nationwide, the company said. Lemonade Renters coverage …

Lloyd’s of London is restructuring the way in which it oversees the insurance market as part of its new chief executive officer’s plan to make the risk hub more efficient. The firm is bringing all elements of oversight, including governance, …

Florida voters passed sweeping property tax cuts in Tuesday’s election, a move that will gut local government funding. Amendment 3, the brainchild of outgoing Governor Ron DeSantis, will lower property taxes for primary residences by increasing the portion of their …

Property/casualty insurance carriers in Georgia and Florida are bracing for new scrutiny and new limits on rate taking after new top state officials were elected Tuesday night. In Georgia, former state legislator and Atlanta City Council member Keisha Sean Waites …

The El Nino weather pattern that could cause a record rise in ocean temperatures in coming months poses a “meaningful risk” of higher U.S. inflation in 2027 even as it also will likely add to employment, according to research published …

Small and midsize carriers “form the backbone” of the private insurance market, and they are being bogged down by the cost of regulatory and corporate compliance. The American Property Casualty Insurance Association (APCIA) is starting an initiative to try and …

Paperclip, Inc., a New Jersey-based insurance technology company, announced that it has completed the acquisition of Apis Productions, LLC. Apis provides technology for the insurance industry including websites and portals, hosting and security, custom application development, marketing, and AI consulting …