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Scott Polkinghorne from Augment Risk recently shared his thoughts on how the insurance market is becoming more specialized and what that means for businesses. In a new video interview, he explained that as the insurance world focuses more on niche areas, new chances to grow and succeed are opening up. Polkinghorne pointed out that specialization … Read more

Polish officials have launched a broad investigation after an explosive device damaged a key east–west railway line over the weekend. The incident has raised fresh worries about the stability of Europe’s logistics network amid the ongoing conflict in Ukraine. Authorities in Warsaw are treating the event as a deliberate attack aimed at disrupting a vital … Read more

David Richardson has stepped down as the acting head of the Federal Emergency Management Agency (FEMA) after only six months on the job. His sudden resignation comes amid growing frustration inside the agency and public criticism, with FEMA facing a critical moment in its role responding to disasters across the country. Richardson took over as … Read more

Coterie Insurance, based in Appleton, Wisconsin, has added two new leaders to its team: Mike Albert as chief technology officer and Allan Egbert as chief platform officer. Both bring years of experience and a history of working closely together. Albert and Egbert co-founded Ask Kodiak, a company they started before it was bought by Applied … Read more

Two workers died Thursday after their helicopter crashed into power lines, hit a barge, and caught fire near East Alton, Illinois, just north of St. Louis along the Mississippi River. The crash sent thick black smoke into the sky and led to several explosions, witnesses said. The helicopter crew was performing repairs on powerline tower … Read more

Chubb Limited, based in Warren, New Jersey, has made several important leadership changes in its surety and claims businesses. Steve Haney, who has served as vice president and division president of North America surety and chief underwriting officer of global surety, has been named president and chief underwriting officer of global surety. Haney, with nearly … Read more

Westaim Corporation has reported a net loss of $11.7 million for the quarter ending September 30, 2025. This loss comes as the company focuses on shifting its resources toward new growth opportunities at Arena Investors and making key changes as part of a broader restructuring effort. The quarter saw $0.7 million in costs related to … Read more

Nearly 100,000 Florida homeowners have returned to the state’s private insurance market in the past two years. This includes the latest group of 7,087 policies that American Integrity Insurance Group took over from Citizens Property Insurance Corporation. These new policies bring in around $25.8 million in yearly premiums. This shift is part of Florida’s effort … Read more

Colorado Governor Jared Polis is pushing again to privatize Pinnacol Assurance, the state-affiliated workers’ compensation insurer, hoping to raise $400 million to help balance the state budget. This move reflects a trend among states to shift away from state-run insurance funds by mutualizing or privatizing them. In his recent budget letter to lawmakers, Polis explained … Read more

Manufacturing companies have traditionally focused on keeping workers safe and protecting their machinery. But now, cyber threats are becoming just as dangerous as physical risks like fires or equipment breakdowns. Cyberattacks are increasing worldwide, with threats rising nearly 50% and ransomware attacks more than doubling. Manufacturers are a popular target because they hold valuable data, … Read more