Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Starboard Maritime Intelligence and Bloomberg …
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Premium Insurance Demand Rises With Global Travel Disruptions
With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk. Since 2019, travel disruptions …
Satanic Temple Accuses Iowa Officials of Religious Discrimination
The Satanic Temple Iowa on Tuesday filed a complaint accusing state officials of discriminating against the group because of its members’ religion, having denied them access to the state Capitol building for a December holiday display and event. The group’s …
Carrier Management to Host ‘Demo Day’ for Homeowners Insurers June 18
Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The latest online event offers insurance professionals risk assessment, prevention and intelligence …
Federal Court Blocks CFPB Move to Scrap Racial Discrimination Settlement
A federal judge in Chicago on Thursday refused to allow the U.S. Consumer Financial Protection Bureau to vacate a racial discrimination settlement reached last year with a mortgage lender, finding there was no basis for granting an extraordinary request. The …
Rate Growth Slows, Moving Violations Increase: The Road Ahead for Auto
The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. However, it’s a winding road, according to the 2025 annual LexisNexis …
AM Best Downgrades Nonprofits Insurance Alliance Members in California, Vermont
AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of the Vermont and California members of Nonprofits Insurance Alliance Group. …
People Moves: Dann Joins The Liberty Company in California as Vice President
The Liberty Company Insurance Brokers hired Connor Dann as vice president, producer. Dann is based in Liberty’s Woodland Hills, California, office. In his new role, Connor focuses on expanding Liberty’s presence in key markets, particularly within the construction and real …
Las Vegas Drywall Contractor Must Pay $824K in Wages, Damages
The U.S. Department of Labor recovered $824,276 in back wages and damages for 680 employees of a Las Vegas drywall contractor, which reported denied overtime pay to piece-rate and hourly workers. The department’s Wage and Hour Division investigated Spectrum Construction …
Trump Denied Reconsideration of $5M Judgment in E. Jean Carroll Sex Abuse Case
A federal appeals court won’t reconsider its ruling upholding a $5 million civil judgment against President Donald Trump in a civil lawsuit alleging he sexually abused a writer in a Manhattan department store in the mid-1990s. In an 8-2 vote …