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Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report
Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S. mainland avoided hurricanes for …
POSTED JANUARY 13, 2026 7:44 AM |
Schrager Hampson Aviation Acquires Delaware’s Einstein Insurance
Schrager Hampson Aviation Insurance Group (SHAIG) announced the acquisition of Einstein Insurance Inc., an aviation insurance agency based in New Castle, Delaware, Einstein Insurance Inc. became part of Schrager Hampson Aviation Insurance Agency, a division of SHAIG, on January 1, …
POSTED JANUARY 13, 2026 6:34 AM |
Experian: AI Agents Could Overtake Human Error as Cause of Data Breaches
Artificial intelligence continues to be at the center of Experian’s annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI makes its way into many of the predictions in Experian’s …
POSTED JANUARY 13, 2026 6:30 AM |
Florida Lawmakers Ready for Another Shot at Litigation Funding Limits
Florida property-casualty insurance leaders have said they are not expecting big changes from the Legislature’s 2026 regular session that begins today, given the much-touted impact that 2022 reforms have already had on excessive litigation costs in recent years. But one …
POSTED JANUARY 13, 2026 6:01 AM |
Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement
The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America’s landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who wanted to pursue lawsuits against …
POSTED JANUARY 13, 2026 6:01 AM |
Judge Lets Orsted Resume Rhode Island Offshore Wind Project Halted by Trump
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump’s administration halted along with four other projects last month. The ruling by U.S. District …
POSTED JANUARY 13, 2026 6:00 AM |
Ex-Insurance Agent Sentenced for 2 Fraud Counts Faces Additional Charges
A Baltimore County judge sentenced Michael C. Okolo, of Parkville, Maryland, to six months incarceration for two counts of insurance fraud and one count of obstruction of justice. A jury found Okolo guilty of those charges on December 4 last …
POSTED JANUARY 13, 2026 6:00 AM |
Experts Wary of Privacy, Liability From AI Health Gadgets at CES in Nevada
Health tech gadgets displayed at the annual CES trade show make a lot of promises. A smart scale promoted a healthier lifestyle by scanning your feet to track your heart health, and an egg-shaped hormone tracker uses AI to help …
POSTED JANUARY 13, 2026 6:00 AM |
FAA Notice Warned of Slackline Before Deadly Arizona Helicopter Crash
Federal aviation records show that a week before a fatal helicopter crash, a notice was issued that a tightrope would be stretched across a mountainous area of Arizona, providing a warning for pilots to watch out for the temporary obstacle …
POSTED JANUARY 13, 2026 6:00 AM |
Sexual Assault Charges Dropped Against Former AIG Exec McElroy
Authorities in Vermont have dropped sexual assault charges against David McElroy, a former executive at American International Group (AIG). According to a document filed in Vermont Superior Court in Lamoille County, the state’s attorney for Lamoille County on Dec. 31, …
POSTED JANUARY 13, 2026 5:28 AM |
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