Patricia Wells

CRC Group, a leading wholesale specialty insurance distributor in North America, has recently acquired Risk Transfer Partners (RTP), a brokerage focused on casualty insurance. This move is aimed at boosting CRC’s services and expanding its presence, especially in key areas like construction, energy, environmental, and manufacturing. RTP, which started in 2013 and is based in … Read more

Greenpeace is facing serious accusations from Energy Transfer, the company behind the Dakota Access Pipeline. The company claims that Greenpeace used harmful and misleading tactics to disrupt the pipeline’s progress. This legal battle has been ongoing, and a jury in North Dakota is now deliberating after a lengthy trial. Energy Transfer alleges that Greenpeace, along … Read more

Florida International University (FIU), known for its hurricane research, is about to see a significant change. A bill recently approved by a Florida House subcommittee aims to transfer key hurricane-loss modeling responsibilities from FIU to Florida State University (FSU). This shift is part of a broader plan to enhance FSU’s role as a leading center … Read more

Donald Trump’s recent executive order aimed at dismantling diversity, equity, and inclusion (DEI) initiatives is causing a stir among international companies, especially those operating in the U.S. While some firms have adjusted their DEI policies in response, many are quietly maintaining their commitments to diversity efforts globally. Companies like Roche Holding AG and Nissan Motor … Read more

US executives are working to calm worries that recent cuts by the Department of Government Efficiency (DOGE), an initiative led by Elon Musk, might hurt their profits. They believe that a more modern public sector will be more likely to use their products and services. This cost-cutting effort has become a hot topic among investors. … Read more

California is facing a serious challenge in its property and casualty insurance market following the devastating wildfires in January 2025. The fires, which swept through the Pacific Palisades and surrounding areas, resulted in the destruction of nearly 50,000 acres, the loss of 29 lives, and damage to around 17,000 properties. With over 200,000 residents affected … Read more

Last year, Congress approved the addition of 10 new daily flights to Washington D.C.’s Reagan National Airport. This decision came despite alarming data from the Federal Aviation Administration (FAA) showing a troubling number of near misses in the already busy airspace. The FAA, responsible for overseeing air safety, had documented numerous incidents, but this information … Read more

A volcano near Anchorage, Alaska, is showing signs of increased activity, raising concerns about a potential eruption at Mount Spurr. The Alaska Volcano Observatory recently reported that during flights over the area, scientists detected significantly higher emissions of volcanic gases. This increase suggests that an eruption could happen in the coming weeks or months. The … Read more

At the recent PLUS Cyber Symposium in New York City, experts discussed the evolving landscape of cyber insurance. As rates stabilize, insurance companies are looking to diversify their portfolios to support growth and manage risks better. Crystal Boch, head of cyber analytics at Aon Re, highlighted that insurers are exploring traditional diversification methods, such as … Read more

The FBI and the U.S. Cybersecurity and Infrastructure Security Agency (CISA) have issued a warning about a serious ransomware threat known as Medusa. This ransomware-as-a-service has been active since 2021 and has recently impacted hundreds of victims. Medusa primarily uses phishing campaigns to steal login details from its targets. This method has proven effective, leading … Read more