The Trump administration is weighing whether to relocate the Federal Emergency Management Agency to Texas and tap the state’s top emergency official to lead it, Politico reported Monday, citing two former senior FEMA officials. In February, Trump interviewed Nim Kidd, …
Honda is recalling 256,603 Accord hybrid vehicles in the United States over a software error that may cause a potential loss of drive power, the U.S. National Highway Traffic Safety Administration said on Tuesday. Parts of the vehicle’s internal software …
The American Property Casualty Insurance Association (APCIA) continues to throw support behind two bills schedule for markup today by the House Judiciary Committee. Committee member Rep. Darell Issa, R-Calif., in February introduced the Litigation Transparency Act of 2025 (HR 1109) …
The price tag for rebuilding Baltimore’s Francis Scott Key Bridge is now more than double what officials estimated in 2024 right after the bridge was struck by a container shop and collapsed. The Maryland Transportation Authority (MDTA) yesterday updated the …
A worldwide outage at the network of cybersecurity firm Cloudflare Inc. has been resolved after several hours of disruption on Tuesday. The outage had taken down the websites for everything from the chief US energy regulator, ChatGPT, the New Jersey …
Kansas Insurance Commissioner Vicki Schmidt announced a Johnson county man has been sentenced to 12 months of probation for insurance fraud. Macario Butler, age 28, pleaded guilty on November 7, 2025 in Johnson County District Court to one misdemeanor count …
A new property-catastrophe reinsurance MGA, Bobcat Re, has been launched by a group of private investors, including former K2 CAT executives David Carson and James Sharpington as well as Glenn T. Jackson from Safepoint. Headquartered in Tampa and with an …
More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next three years, according to PwC. The professional services firm noted in …
Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s Lloyd’s Syndicate 1729, and K2 Insurance Services, an independent MGA platform, have received “in principle” approval from Lloyd’s to launch Syndicate 1954. Operating as a special purpose arrangement (SPA), …
Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions and heightened security threats have made the route more dangerous and complicated for commercial vessels. Meta Platforms Inc.’s 2020 plans …