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Natural gas prices in West Texas have fallen to their lowest point in nearly 14 months, even dipping below zero recently. This unusual drop is tied to pipeline maintenance in the area, which has limited the flow of gas and caused a buildup of supply. At the Waha hub, a key center for gas trading … Read more

A Russian man linked to the cargo ship involved in the deadly 2020 Beirut port explosion has been arrested in Bulgaria, Lebanese officials confirmed on Monday. Igor Grechushkin, the ship’s owner, was detained last week at Sofia’s airport after arriving from Cyprus. Grechushkin, who also holds Cypriot citizenship, is wanted by Lebanon, where investigative authorities … Read more

OpenAI recently fixed a security flaw in its ChatGPT system that could have put users’ Gmail data at risk. The vulnerability was found in the Deep Research agent, a feature introduced in February to help people analyze large amounts of information more easily. This tool can connect to users’ Gmail accounts if they give permission, … Read more

A powerful winter storm is moving across the United States this weekend, impacting a vast area from the southern Plains all the way to New England. This storm is more than just a weather event; it is creating challenges for insurers and claims managers who will have to handle a wide range of damages. From … Read more

Beazley has turned down a £7.67 billion ($10.3 billion) takeover offer from Zurich Insurance Group, leading to a tense standoff over the future of the London-based specialty insurer. The FTSE 100 company said its board unanimously rejected Zurich’s latest bid of 1,280 pence per share in cash, saying it undervalues Beazley and its potential as … Read more

Curtis Barton has spent more than 20 years in the insurance business, and through his experience, he’s seen a common problem: companies growing without proper systems, data, or clear plans. This lack of integration often leads to trouble down the road. That’s why he built ALKEME Insurance differently—with a focus on clear structure and smart … Read more

The Securities and Exchange Commission (SEC) is set to consider a significant change on Wednesday that could let companies going public require shareholders to settle disputes through private arbitration instead of court cases. This move could reduce investors’ ability to sue companies in open courts. For years, the SEC has had an informal rule that … Read more

Fort Worth has reached a new milestone as the fourth city in Texas with a population exceeding 1 million. The city’s population surged by more than 100,000 people between 2019 and 2024, outpacing all other major Texas cities, including nearby Dallas. Despite this rapid growth, Fort Worth is grappling with a nearly $17 million budget … Read more

Christopher Boggs, a leading insurance consultant, is speaking out about a growing issue in the lending world. Banks are increasingly asking business loan borrowers to add the bank as an "additional insured" on their general liability insurance policies. Boggs firmly believes this demand is incorrect and unfair. This trend caught attention when insurance agents began … Read more

Sue Srinivasan from Arch recently shared her thoughts on how artificial intelligence (AI) is set to change the insurance industry. Speaking on Insurance Business TV, she highlighted the ways AI will impact underwriting, distribution, and job roles in the sector. AI is expected to reshape how insurers assess risks and distribute policies. By using advanced … Read more