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Contractors in the construction finish work sector face a unique set of challenges that can lead to significant risks. From slip-and-fall accidents to equipment theft, these professionals play a vital role in completing projects, but they also encounter dangers that can disrupt their work and impact their business. Thomas McMillan, a Commercial Lines Staff Underwriter … Read more

A severe weather outbreak has struck the central United States, causing significant destruction and loss of life. Preliminary estimates from AccuWeather suggest that damages and economic losses could reach between $9 billion and $11 billion. Since May 16, more than 70 tornadoes have been reported, leading to at least 28 fatalities across the affected areas. … Read more

Ryan Specialty, a specialty insurance firm based in Chicago, has announced its acquisition of 360° Underwriting, a managing general underwriter focused on commercial construction. This deal marks an important step for Ryan Specialty as it expands its reach into the Irish market. 360, which operates from Dublin and Galway, will now join the Ryan Specialty … Read more

The U.S. Senate is set to take action this week to prevent California from enforcing stricter vehicle emissions standards. These standards include a groundbreaking plan to phase out the sale of new gas-powered cars by 2035. Senate Majority Leader John Thune, a Republican from South Dakota, announced that the Senate will consider three resolutions passed … Read more

A historic mansion in Louisiana was severely damaged by a fire on Thursday, leaving much of the structure in ruins. The Nottoway Plantation House, built in 1859, was located along the Mississippi River, about 65 miles northwest of New Orleans. This grand estate was a popular resort and event venue, known as the largest remaining … Read more

A major cyberattack has hit Marks & Spencer (M&S), one of the UK’s most recognized retailers, leaving the company struggling to restore its online shopping services. This attack, which occurred about a month ago, has already cost M&S over £60 million (around $80 million) in lost profits, and its stock market value has dropped by … Read more

Walmart Inc. surprised many civil rights activists in November when it announced a shift in its diversity, equity, and inclusion (DEI) efforts. The retail giant revealed plans to stop using the term "DEI" in its communications, remove certain LGBTQ products from its website, and change its approach to supplier contracts by no longer considering race … Read more

Those fighting against cybercrime and those providing insurance for it are in a constant race to keep up with new technologies and tactics used by cybercriminals. The landscape is always changing, and staying ahead is crucial. According to a recent report by Guy Carpenter, the cyber insurance market saw significant increases in rates during 2021 … Read more

A tragic accident occurred when the Mexican navy tall ship Cuauhtemoc collided with the Brooklyn Bridge, resulting in the deaths of two sailors and injuries to 19 others. The incident happened on Saturday evening at around 8:20 p.m. as the ship was departing New York City as part of a goodwill tour. The Cuauhtemoc, a … Read more

Painting contractors face unique challenges and risks in their line of work, which can impact their businesses significantly. As they deal with tasks that require precision, they also encounter dangers like falls from heights and exposure to harmful substances. To protect against these risks, having the right insurance is crucial. Thomas McMillan, a commercial lines … Read more