Zurich American Insurance Company filed suit on March 18, 2026, in the US District Court for the Central District of California, targeting TForce Worldwide, Inc., a licensed freight forwarder it accuses of ignoring its own verification procedures and, in doing so, enabling the theft of an interstate cargo shipment.
Author: Awais
A manager at London-listed insurer Hiscox faces a criminal charge of providing false testimony during an attempted extradition of a former colleague from Greece to Bermuda, court proceedings and filings seen by Reuters show. An Athens prosecutor alleges the manager, who cannot be named under Greek law, submitted false evidence in 2019 and 2020 that was sent to Greece to support a request from Bermuda for the extradition of Yuval Abraham, a former CFO of Bermuda-based Hiscox unit Hiscox Services Ltd. (HSL), court filings show. The Greek case, which has not been previously reported, follows whistleblower retaliation claims and an…
The UK’s city minister will visit European capitals next week in a push to deepen ties with the European Union on financial services as Chancellor of the Exchequer Rachel Reeves seeks to spur economic growth domestically. Lucy Rigby will meet counterparts in Paris, Berlin and Luxembourg to discuss strengthening market links and finding areas where closer cooperation would help firms raise capital, according to people familiar with the matter who spoke anonymously in order to discuss plans that have yet to be announced. Six years after Britain left the European Union, Keir Starmer’s Labour administration is trying to forge closer…
By Rachana Pradhan March 20, 2026 Article HTML Rachana Pradhan LISTEN: Fewer breakthroughs. Weaker responses to public health crises. That’s what some former National Institutes of Health scientists predict for the agency as thousands of researchers leave. Workers from the Washington, D.C., region spoke with KFF Health News senior correspondent Rachana Pradhan, and she appeared on WAMU’s “Health Hub” on March 18 to explain what’s behind the exodus. The past year has been rough for the National Institutes of Health, which underwent cuts to its workforce and research funding. Now, the NIH is facing a new challenge: brain drain. Thousands…
When passengers step onto an airplane, they’re accustomed to turbulence, seat kicking and lengthy tarmac delays. Those are the predictable annoyances of air travel. But a far more serious risk to the safety of flyers has received heightened attention in recent months: toxic fume events. These incidents, where passengers and crew breathe in toxic chemicals from jet engine lubricants, can lead to short-term symptoms like headaches and dizziness to long-lasting injuries including chronic impairment, respiratory illnesses, and mood disorders. A toxic fume event is caused when engine oil or hydraulic fluid enters a plane’s air supply, often because of faulty…
Israel and Iran launched fresh attacks on each other on Friday, a day after Tehran struck an Israeli oil refinery and after U.S. President Donald Trump warned Israel against further attacks on an Iranian offshore gas field shared with Qatar. Israel struck Tehran, targeting the “infrastructure of the Iranian terror regime,” the military said in a brief statement that did not provide details. Iran fired a barrage of missiles at Israel, the Israeli military said, triggering air raid sirens in Tel Aviv as explosions from air defense interceptors echoed across the city. The war on Iran has killed thousands, mostly…
One Alliance North America Insurance Company becomes the latest first-time catastrophe bond sponsor, as the company is seeking $100 million or more in multi-peril reinsurance from its debut One Shield Re Ltd. (Series 2026-1) issuance, Artemis has learned.New sponsors are entering the catastrophe bond market at increasing pace, which is helping to grow the market overall and providing welcome diversification both through the widening range of counterparties and their differing protection needs. One Alliance North America Insurance Company is a US domestic market homeowners and commercial lines specialist, now looking to bring the capital markets into its reinsurance tower on…
Reed, a sales executive, allegedly forwarded a spreadsheet summarizing new and lost business across producers — including client names, carriers, coverage lines, effective dates, and revenue — to his personal email in late December 2025. Dela Torre, an account executive, allegedly sent prospective client documents including policies, binders, and property-level financial data to her personal email before sharing them with Fuentes. Ghica-Ochoa, a director of commercial lines, allegedly used client account information sourced from AssuredPartners to prepare renewal materials at Liberty and deleted her Google Chrome history from her company computer shortly before leaving.
New York City Mayor Zohran Mamdani’s administration wants to stop representing Eric Adams in a lawsuit that alleges the former mayor sexually assaulted a woman more than three decades ago, according to a court filing Tuesday. The move comes just a few months after Mamdani took office, following a bitter campaign season last year that had the two Democrats taking turns bashing each other in often caustic and personal terms. The suit, filed while Adams was still in office, accuses the former mayor of sexually assaulting a woman, Lorna Beach-Mathura, in 1993 when he was a police officer, alleging that…
Krol, who has over 20 years of insurance industry experience, said: “Great operations aren’t just about systems – they’re about people aligned around a clear mission. At Trident Marine Managers, we’re building disciplined processes, empowering great people, and creating AI-based efficiencies, with the goal to have execution consistently outperforming expectations.”
A New Jersey public school district may be held vicariously liable for sexual abuse by a teacher even if the abuse took place outside of the scope of the teacher’s employment and off school property. The New Jersey Supreme Court in a 6-1 opinion recently ruled that the state’s Child Victims Act that was enacted in 2019 “fundamentally altered” the law governing civil claims against public entities and certain private entities arising from sexual abuse. The ruling came in response to appeals from four people who alleged that New Jersey public school teachers sexually abused them when they were high…
Mark Woods CopperPoint Insurance Companies named Mark Woods senior vice president, head of product. Woods leads the integration of underwriting product and systems, guides geographic and product expansion strategies. Woods has more than 18 years of insurance experience across product, underwriting, risk management, analytics and technology-driven services. During his tenure at Travelers, he held leadership roles in product management, platform, third-party data, catastrophe risk management and underwriting automation. Most recently, he was vice president, portfolio solutions. CopperPoint is headquartered in Phoenix, Arizona. Was this article valuable? Yes No Here are more articles you may enjoy. The most important insurance news,in…
Even in an age of frequent mass shootings in public places, a shooting can be unforeseeable and a supermarket has no duty to protect customers from random acts of violence, a Florida appeals court decided in a major win for businesses and liability insurers. “…While events giving rise to this case are undeniably tragic, the law imposed no duty on Publix to protect against this unforeseeable criminal act,” a three-judge panel of Florida’s 4th District Court of Appeals wrote in its March 18 opinion. The opinion upheld a Palm Beach Circuit Court decision in a lawsuit brought by the family…
Insurtech Hippo announced that its homeowners insurance products have been added to Progressive’s HomeQuote Explorer, available online and through Progressive in-house agents in eight states. Hippo said the distribution relationship began earlier this year with Progressive Advantage Agency, Progressive’s in-house agency. The states where Hippo is available are Colorado, Georgia, Illinois, Ohio, Pennsylvania, South Carolina, Tennessee, and Texas. Hippo gains access to Progressive’s broad distribution by offering its home protection with potential multi-policy discounts to consumers shopping with Progressive. Related: Insurtech Hippo Full-Year Net Income Reverses 2024 Loss “Progressive’s strong focus on technology and serving the broad needs of its…