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USG Insurance is shaking things up in the insurance industry. As one of the last fully independent players in the wholesale broker space, the company is not just using standard technology. Instead, it’s creating its own tools tailored specifically for underwriters. This move aims to enhance speed and accuracy in decision-making. Timothy Horton, the president … Read more

Countries at the United Nations shipping agency have reached a significant agreement aimed at reducing emissions in the maritime sector. This deal, struck on Friday, introduces a global fuel emissions standard that will penalize ships for exceeding set emissions limits while rewarding those that use cleaner fuels. The agreement comes amid tensions, as the United … Read more

Arthur J. Gallagher & Co. has officially completed its acquisition of Woodruff Sawyer for $1.2 billion. This deal was finalized just over a month after it was announced in early March. Gallagher made the announcement on April 10, confirming that the San Francisco-based Woodruff Sawyer is now part of its operations. Andy Barrengos, the CEO … Read more

Paul Weiss Rifkind Wharton & Garrison, a prominent law firm, has recently taken a significant step back from its environmental, social, and governance (ESG) initiatives. Once seen as a leader in this space, the firm launched an ESG advisory practice in 2020 and established the ESG and Law Institute a year later. These efforts aimed … Read more

High-net-worth individuals are facing increasing cyber threats, with evolving risks such as social engineering, wire transfer fraud, and AI-driven scams. In a recent discussion, Kareen Boyadjian, a vice president at Tokio Marine HCC’s Cyber and Professional Lines Group, highlighted these growing challenges for wealthy clients. The conversation, led by Gia Snape from Insurance Business, explored … Read more

An Indiana appeals court has decided that State Farm Mutual Automobile Insurance Company must pay for injuries sustained by a pedestrian who was struck by an electric scooter. This ruling, made on April 23, 2025, arose from an incident in November 2022, when Michelle DiPego was walking in Muncie, Indiana, and was hit from behind … Read more

A recent study by vpnMentor has shed light on how corporate scandals have impacted businesses over the past 25 years. The analysis tracked 58 companies involved in significant scandals, revealing which firms failed and which managed to adapt and thrive. Among the companies that collapsed due to scandals are well-known names like Lehman Brothers, Cambridge … Read more

Running a flower shop can be a beautiful and fulfilling business. Florists help people celebrate important moments in life, surrounded by the vibrant colors and scents of flowers. However, owning a floral shop comes with its own set of challenges and risks. It’s important for florists to protect their businesses with the right insurance coverage. … Read more

After a tornado hit an Amish community in Michigan, the residents sprang into action to repair the damage. This all happened even before meteorologists could assess the situation. The tornado struck last Wednesday, bringing winds of up to 100 mph. Dustin Norman, a meteorologist with the National Weather Service, visited Branch County a few days … Read more

A federal appeals court has allowed a civil rights lawsuit to move forward in Louisiana, where community groups are fighting against what they claim are racist land-use policies. The lawsuit targets St. James Parish, where a high concentration of polluting industries has been built in areas with mostly Black residents. The 5th U.S. Circuit Court … Read more