18 06, 2026

People Moves: Hiscox appoints Bailey as Head of Channel, Traded and Corix; CRC Group Names Greenwood CEO of Underwriting Division

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Hiscox appoints Bailey as Head of Channel, Traded and Corix in the US Hiscox, with headquarters in Atlanta, appointed Lori Bailey as head of channel, traded and Corix. Bailey will report to Mary Boyd, CEO of Hiscox USA, and will …

18 06, 2026

Uber to Offer Robotaxis in Houston With Lucid and Nuro, Posing Challenge to Waymo

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Uber Technologies Inc. will offer driverless robotaxi rides in Houston in vehicles developed by Lucid Group Inc. and Nuro Inc., setting it up to challenge Waymo in the fourth-largest US city. Nuro is already testing the vehicles in Houston, but …

18 06, 2026

Biofuels Are Key to Avoiding Sharp Farmland Drop, S&P Says

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Expanding biofuel demand is a “powerful catalyst” to restore profitability to American farms, according to a new study, as harvests balloon and lawmakers consider broadening the market for corn-based ethanol. Climbing crop yields are creating persistent surpluses thanks to better …

18 06, 2026

Capital Factory CEO Killed in Private-Jet Crash in Texas

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Joshua Baer, the founder and chief executive officer of the venture capital firm Capital Factory, died Tuesday in a plane crash in South Texas, the Austin American-Statesman reported. Baer, a major player in the Texas technology and startup space, was …

18 06, 2026

Bulgarian Surveillance Firm Circles Sold Phone Spy Tools to Repressive States: Report

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A Bulgaria-based company sold controversial surveillance technology to governments in countries with records of repression, enabling authorities to track mobile phones and eavesdrop on private communications, according to documents obtained by Human Rights Watch. The surveillance firm Circles offered tools …

18 06, 2026

Accused Insurer CEO Killer Mangione Could Face Hurdles With Mental Health Defense

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Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a mental health breakdown, legal experts said. Mangione is accused …

18 06, 2026

Zurich’s Planned £8.1B Acquisition of Beazley Gets Regulatory Nod in Australia

By | June 18th, 2026|Uncategorized|Comments Off on Zurich’s Planned £8.1B Acquisition of Beazley Gets Regulatory Nod in Australia

Zurich Insurance Group’s proposed £8.1 billion (US$10.8 billion) acquisition of Lloyd’s insurer Beazley plc has received approval from Australia’s regulatory watchdog. The Australian Competition and Consumer Commission (ACCC) announced on June 17 that the acquisition “may be put into effect” …

18 06, 2026

Waymo Recalls Thousands of Robotaxis Over Risk of Entering Construction Zones

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Alphabet self-driving unit Waymo is recalling nearly 3,900 robotaxis in the U.S. because a software issue could cause the vehicles to enter a closed freeway construction zone and continue driving. It is the second recall by Waymo in just over …

18 06, 2026

RSUI CEO McCrorie to Retire in 2027; Whittington to Become CEO

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Specialty insurer RSUI announced that Chairman and Chief Executive Officer Phillip McCrorie will step down as CEO at year-end 2026, concluding a career spanning nearly 40 years in the insurance industry. He will remain RSUI’s executive chairman through the first …

18 06, 2026

First Tankers Cross Strait Under Iran Deal; Israeli Strikes Raise Doubt in Lebanon

By | June 18th, 2026|Uncategorized|Comments Off on First Tankers Cross Strait Under Iran Deal; Israeli Strikes Raise Doubt in Lebanon

Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz on Thursday, hours after U.S. President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies. But in …