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USA Rare Earth to Invest $1.2B in South Carolina Facility to Boost Domestic Supply

June 3, 20261 Min Read0 Views

USA Rare Earth said on Tuesday it will invest $1.2 billion to build a magnet manufacturing and rare earth metals…

IMA Financial Names Price Head of Alabama Market

June 3, 20261 Min Read0 Views

IMA Financial Group, a large North American insurance brokerage, named Rob Price as Alabama Market president, based in Birmingham, the…

Illinois Employee Benefits Administrator Sued for Disability Discrimination

June 3, 20262 Mins Read0 Views

Alight Solutions, an employee benefits administrator headquartered in Lincolnshire, Illinois, violated federal law when it discriminated against an employee by…

SpaghettiOs Infested With Worms or Parasites, Lawsuit Claims

June 3, 20262 Mins Read1 Views

A Florida mother and her daughter sued Campbell’s after eating SpaghettiOs that they claim were contaminated by worms or parasites,…

Arch Capital Expands Rajeh’s Role as President as Gansberg Steps Down

June 3, 20262 Mins Read1 Views

Arch Capital Group Ltd., the Bermuda-based re/insurer, announced the expansion of Maamoun Rajeh’s role as president. Rajeh, who most recently…

Convex Launches Tech-Enabled MGA Called Kinetic Insurance Services

June 3, 20262 Mins Read0 Views

Convex Group Ltd., the international specialty insurer and reinsurer, announced the launch of Kinetic Insurance Services, a wholly owned, technology-enabled…

AM Best Revises Credit Rating Outlook of Nebraska’s FMNE to Stable

June 3, 20263 Mins Read1 Views

AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed…

RenRe’s partner and ILS capital up ~7% or $520m in last year, hit $8.46bn at March 31st

June 3, 20263 Mins Read1 Views

RenaissanceRe Capital Partners, the specialist division of the reinsurer, lifted its third-party investor capital managed across joint-venture reinsurance and insurance-linked…

New Ardent Health CEO inherits growth ambitions

June 3, 20261 Min Read0 Views

Ardent elevated its former COO, Dave Caspers, to the top job as the Tennessee-based system grapples with its declining stock…

AI to Double Data Center Power, Water Use by 2030, UN Researchers Say

June 3, 20262 Mins Read1 Views

Data centers are expected to consume twice as much power and water by 2030 as they expand to meet the…

Novacore Adds Euclid Design to Its Professional Underwriters Agency

June 3, 20262 Mins Read0 Views

Pennsylvania-based specialty insurance provider Novacore announced the addition of Euclid Design Underwriters to its Professional Underwriters Agency (PUA) program. Euclid…

Kim and Allen Lead Voting in California Insurance Commissioner Primary

June 3, 20263 Mins Read0 Views

Democrats Jane Kim and Ben Allen led voting in Tuesday’s race for California insurance commissioner, making them the current favorites…

Wellington to Buy Hartford Funds for $1.9 Billion in Wealth Push

June 3, 20262 Mins Read0 Views

Wellington Management Co. agreed to buy the asset-management division of The Hartford as the Boston-based investment firm pushes ahead with…

South Carolina Jury Finds Store Owner Not Guilty of Murder in Shooting of Teen

June 3, 20263 Mins Read1 Views

A South Carolina jury on Monday found a store owner not guilty of murder in the 2023 shooting of a…

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