While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla’s insurance operations skyrocketed 40.7%, according to a new analysis. S&P Global Market …

This edition of International People Moves details appointments at Ariel Re and McLarens. A summary of these new hires follows here. Ariel Re Taps Gallagher Re’s Sammons as Active Underwriter of Syndicate 2006 Ariel Re, the Bermuda-based reinsurer, announced the …

Insurance brokerage IMA Financial Group, Inc. announced the completion of an equity recapitalization transaction. Oak Hill Capital and New Mountain Capital are each taking minority positions, with additional participation from HarbourVest Partners and a select group of prominent institutional co-investors. …

A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing …

US efforts to end the war with Iran were dealt a setback after a commercial vessel was apparently seized by unauthorized personnel near the United Arab Emirates, increasing uncertainty over control of the critical Strait of Hormuz. The ship, whose …

Executive summary: With plans for an EU natural disaster insurance fund in the works, EIP’s founder and CEO Ross Sinclair explores the need to improve the speed of the payout process as an essential part of building climate resilience. As …

It’s hard to overstate the impact that artificial intelligence has had since the release of generative AI platforms such as ChatGPT just three years ago. While they have led to countless advances in how we live and work, they have …

A small Texas county outside Dallas approved a one-year moratorium on new data center and energy storage developments, pushing back against the growing number of large-scale projects fueling the artificial-intelligence boom across the state. Hill County had been approached by …

Louisiana officials have agreed to a tentative $4.8 million settlement with the family of Ronald Greene, a Black motorist who died during a violent 2019 roadside arrest carried out by five white officers, two people with knowledge of the agreement …

Hedge fund boss Crispin Odey has settled a handful of personal injury claims brought by women claiming sexual assault. Odey bought an end to the claims ahead of a London trial due to start next month, according to a lawyer …

The state of Maryland has finalized a $2.5 billion settlement with Grace Ocean Private Limited and Synergy Marine Pte Ltd.

Illinois Attorney General Kwame Raoul filed a lawsuit against B.E.S.T. GDR LLC, doing business as Premium Home Service, and its Chief Executive Officer Yosef Bernath, alleging the business created thousands of online business profiles for home repair companies that did …

Brown & Riding announced Susannah Armstrong to its private client practice within the firm’s underwriting & select accounts division, specializing in high-net-worth personal lines. With over 10 years of industry experience across sales, service, and marketing in the insurance space, …

RT Specialty, the wholesale brokerage division of Ryan Specialty, announced that it has promoted Will Jacob to president, RT Connector, effective immediately. Jacob is based in Chicago. Jacob has been with Ryan Specialty for nearly 10 years and was most …

The U.S. government has filed charges against two Singapore firms and an Indian ship superintendent for criminal conspiracy and obstruction relating to the crash of the cargo ship Dali that caused Baltimore’s Key bridge to collapse in March 2024, killing …

Orion180 Insurance is opening a new service center in Salt Lake City, Utah. The office will serve as a hub for customer experience, inside sales, claims intake and technology support operations. The expansion is Orion180’s third major facility. Orion180 chose …

Waymo is recalling thousands of robotaxis to fix a software issue that could cause the autonomous vehicles to drive on flooded roads. The recall affects 3,791 vehicles equipped with the company’s fifth- and sixth-generation automated-driving system, according to documents posted …

Recalls related to backup cameras have risen sharply, up by more than a million since the start of the year, according to CARFAX data. Nearly 7 million vehicles on U.S. roads have unfixed recalls on their backup camera system, which …

Brown & Brown late last week received a measured victory when a Minnesota judge granted the broker a temporary restraining order against rival broker Howden US, who stands accused of taking hundreds of employees from Brown & Brown. According to …

The family of a man killed in a 2025 mass shooting at Florida State University has filed a lawsuit against OpenAI in a U.S. court, claiming the shooter was aided by ChatGPT in planning the attack. The family of Tiru …