The world’s top maritime piracy observer said incidents off the coast of Somalia are on the rise again after a pair of fresh attacks this week — as two major regional conflicts stretch naval forces in the area thin. Yemen’s …
Australian insurance broker Steadfast Group said on Friday it has agreed to a A$7.7 billion ($5.51 billion) takeover offer by a U.S. consortium backed by investment firm KKR. As part of the proposal, insurance distributor Amwins Group will acquire Steadfast’s …
Oil and gas producers’ swelling power needs are hitting the West Texas region just as technology companies target the world’s most productive shale basin for data centers, sending electricity demand soaring. The top boss at Diamondback Energy Inc., one of …
Gallagher Re, the global reinsurance broking and advisory firm, announced the launch of its Digital Risk Practice, bringing together specialist expertise in AI liability, data centers, cyber, and digital risk engineering to help insurers and reinsurers understand, quantify, and manage …
Small businesses’ overall satisfaction with small commercial insurers rose 15 points (to 713 on a 1,000-point scale), driven by improvements in digital support and rates, according to JD Power’s 2026 U.S. Small Commercial Insurance Study that surveyed 2900 customers earlier …
Abbott said on Thursday it reached a $670 million settlement with three law firms to resolve legal claims by 2,000 people who alleged harms relating to the company’s specialty formulas for preterm infants. The settlement includes one large case in …
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian …
NVIDIA has just made an argument that should matter far beyond the semiconductor industry. In a recent post, the company described AI-factory compute as an emerging investable infrastructure asset, supported by financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs …
Matt Hasselbeck took some nasty hits to the head during his 17-year NFL career, four years at Boston College and a childhood full of sports, but the quarterback seems to have emerged from more than two decades of collisions relatively …
Colorado, Texas and Minnesota are among the fastest-growing E&S homeowners markets, as admitted carriers pull back
Premiums fell for every account size in the second quarter of 2026, the first time that has happened in 34 quarters, according to The Council of Insurance Agents & Brokers. The post Commercial Property Rate Cuts Deepen As Soft Market Spreads Across Nearly All Account Sizes appeared first on Risk & Insurance.
Air traffic controllers in Sydney have warned of “grave concerns” about flight safety because of new local airspace rules, the safety regulator said, just as the number of near misses and incidents at the airport mounts. The Australian Transport Safety …