SIAA, the nation’s largest alliance of independent insurance agencies, has announced a new partnership with Progressive that will expand members’ access to both personal and commercial lines options. SIAA and Progressive’s partnership is a strategic decision at a time when …
British financial regulators, including the Bank of England, have signed an outline deal with their European counterparts to enhance cooperation and oversight of providers deemed critical to the financial services sector, the BoE said on Wednesday. The memorandum of understanding …
The dark fleet of tankers shipping illicit oil around the world is rushing to seek the perceived protection of the Russian flag after the US started seizing vessels involved in the Venezuelan trade. At least 26 ships have switched registration …
A crane collapsed onto a road near Thailand’s capital on Thursday, crushing two vehicles and killing two people a day after a similar accident in the northeast caused the derailing of a train and the deaths of 32 passengers. Thailand’s …
Asta, the London-based provider of specialist underwriting platforms and services, announced the launch of MGA Verde Risk Management Ltd., which received regulatory approval from the UK regulator in December 2025. Specializing in the financial lines market, predominantly commercial crime, management …
Mosaic Insurance, headquartered in Hamilton, Bermuda, has expanded its North America and international transactional tax-liability teams to meet heightened demand in the sector, with the recent addition of four tax-risk specialists and the promotion of another. Mosaic’s tax team now …
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Underwriters are now charging about 1% of the value of a ship …
Florida Governor Ron DeSantis is ratcheting up a campaign against the potential dangers of artificial intelligence and data centers, resisting President Donald Trump’s effort to block states from meddling with Big Tech. DeSantis, a two-term governor who’s barred from seeking …
Berkshire Hathaway Specialty Insurance (BHSI) announced the launch of Executive First D&O Liability+, its enhanced UK D&O offering for large commercial and financial organizations trading their securities on US exchanges. Key features of the coverage include: Broad, simply worded coverage …
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers to defeat a levy that he fears will lead to an exodus …