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Zurich Insurance Group is making a big move to expand its specialty insurance business by acquiring Beazley in a deal worth $10.8 billion. The Swiss insurer’s CEO, Mario Greco, said this step will create a global leader in specialty insurance, combining Beazley’s expertise with Zurich’s wide reach around the world. The takeover will bring together … Read more

La Nina, known for its cooler ocean temperatures and often stronger weather impacts compared to El Nino, has officially arrived, meteorologists announced Thursday. This natural climate pattern usually boosts the Atlantic hurricane season, but this year’s event appears weak and may not stir up much trouble. La Nina happens when parts of the Central Pacific … Read more

The U.S. economy is facing serious long-term challenges due to the rising impact of extreme weather, according to Kevin Stiroh, former top climate risk official at the Federal Reserve. Stiroh, who left the Fed earlier this year after the central bank scaled back its climate risk efforts, warns that banks and investors will soon see … Read more

Recoop Disaster Insurance has named Greg Bailey as its new CEO and Charlie Turri as the company’s CTO. Both bring strong backgrounds in insurance, finance, and technology, aiming to help Recoop grow faster and improve its platform. Bailey is an experienced entrepreneur. He started and led Rivet Co., a media and consulting company, and Denim, … Read more

Excess and surplus (E&S) insurance has moved from being a last-resort option to a core part of personal insurance for high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals. Specialists from Brown & Brown, including Caitlin Rascelles and Jeff Clinkscales, explain that E&S now plays a key role in how brokers build insurance plans, especially in regions prone … Read more

Zurich has agreed to buy Beazley in a deal valued at about $10.9 billion, creating a major force in specialty insurance. The agreement, announced on March 2, 2026, confirms news first shared in early February. This move is set to combine the strengths of two well-known companies in a way that boosts their presence in … Read more

Tensions in the Middle East and concerns over the reliability of US support have pushed two Western allies, France and Canada, to take distinct paths to bolster their security and stability. France is stepping up its nuclear capabilities, while Canada is racing to grow its liquefied natural gas (LNG) exports. In Brittany, French President Emmanuel … Read more

Louisiana state police have shared new video evidence related to a deadly car crash last December, which they say was caused by Kyren Lacy, a former LSU football player. Lacy died by suicide just days before a grand jury was set to review the case. The 11-minute video was released after Lacy’s defense lawyer shared … Read more

A 69-year-old truck driver named Perry Tole has filed a lawsuit against former NFL quarterback and Fox Sports analyst Mark Sanchez, as well as Sanchez’s employer, Fox Corporation. The suit stems from a fight that took place outside a hotel in downtown Indianapolis last Saturday night, which led to serious injuries for Tole. According to … Read more

A woman from North Carolina faces serious charges after allegedly running a scheme involving weight-loss drugs and insurance fraud for the past three years. Heather Ann Robinson, 37, from Kenly near Raleigh, was accused by the state Department of Insurance of illegally getting GLP-1 medications like Ozempic and Wegovy. Without any medical training, she reportedly … Read more