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Insurance Business America is now accepting nominations for Rising Stars 2026, a program that highlights young professionals making a real difference in the insurance industry. Whether you want to nominate yourself or a colleague, you have until Friday, March 6 to submit your entry by filling out an online form. A panel of independent experts … Read more

The market for specialty insurance claims is growing fast, especially in Asia, as economies expand and assets become more complicated. Claims involving aviation accidents, offshore energy issues, marine incidents, and complex engineering are happening more often, costing more, and crossing borders. At the same time, extreme weather is causing bigger losses to marine and energy … Read more

Strong storms hit eastern Oklahoma on Tuesday afternoon, ripping part of the roof off a hospital in Sallisaw and forcing some patients to be moved for safety. The Northeastern Health System hospital had about nine patients evacuated after a section of its roof was torn away, causing water to leak into the building. Fortunately, no … Read more

Inszone Insurance Services is growing its reach by stepping into Arkansas with the purchase of Arkansas Best Insurance Agency, Inc., a well-established independent agency rooted in Hot Springs. This move marks a significant expansion for Inszone, bringing a company with more than a century of experience into its portfolio. Arkansas Best Insurance Agency has been … Read more

South Korea’s DB Insurance is set to make a major move in the insurance world by buying the US specialty insurer Fortegra Group for $1.65 billion. This deal, announced on Friday, will be the largest acquisition of a US insurer by a non-life insurance company from South Korea. DB Insurance, based in Seoul, will pay … Read more

Yana Connors from CK Specialty Insurance recently shared her insights on what’s pushing the excess and surplus (E&S) insurance market forward. In a discussion on IBTV, she highlighted how new ideas and tools are making a real difference in this part of the insurance world. One of the big changes Connors pointed to is the … Read more

New research is shedding light on how Canadians are preparing – or struggling to prepare – for retirement. The study reveals that less than half of working-age Canadians have a pension through their employer, and many don’t even have a basic plan in place for their later years. Out of non-retired Canadians, only 48% have … Read more

Nike is facing a federal investigation over claims that its diversity and inclusion efforts may have discriminated against White employees and job candidates. The U.S. Equal Employment Opportunity Commission (EEOC) recently took legal steps to force Nike to hand over information as part of a wider probe into potential race discrimination. The EEOC has asked … Read more

The new city of Starbase, built by SpaceX employees near the company’s launch site in South Texas, is set to take over responsibility for part of Boca Chica Beach. Cameron County commissioners voted Tuesday to approve a deal that gives Starbase control over cleaning, maintenance, and setting rules for construction and events on the beach. … Read more

A shooting at an Immigration and Customs Enforcement (ICE) facility in Dallas on Wednesday morning left one detainee dead and two others seriously wounded. Officials called the attack a “targeted” act against the agency. The gunman also died from a self-inflicted wound, according to the Department of Homeland Security. The Dallas Police Department said officers … Read more