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Markets/Coverages: Marsh Risk’s D&O Facility Offers Unlimited ‘Any One Claim’ Cover
Marsh Risk, a business of insurance broker and risk advisor Marsh, announced that its Marsh Alpha directors and officers (D&O) insurance facility now offers unlimited claims on a single, unrelated basis as standard. Marsh Alpha, which provides protection for individual …
POSTED MAY 01, 2026 10:36 AM |
Arch Insurance EU Launches Europe Property Operations, While Opening Milan Office
Arch Insurance EU announced the launch of its European property operations, alongside the opening of a new office in Milan writing accident & health, cargo & logistics, fine art & specie, general liability and property, effective immediately. This development marks …
POSTED MAY 01, 2026 10:12 AM |
Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says
The Iran war is “supercharging” the world’s shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate secretary said on Thursday. The U.S.-Israeli war with Iran has upended oil and …
POSTED MAY 01, 2026 9:02 AM |
Only Iran-Linked Traffic Moves Through Hormuz Amid Blockades
A few Iran-linked vessels are making their way through the Strait of Hormuz, as the crucial waterway remains effectively closed to most international shipping amid blockades by both Tehran and the US. Just a single Iran-linked fuel tanker was observed …
POSTED MAY 01, 2026 8:24 AM |
Texas Camp Won’t Reopen This Summer Following Flood Deaths
Camp Mystic on Thursday said it has withdrawn its application for an operating license, a decision that means it will not reopen to campers this summer. The decision follows a grueling hearing earlier this week when Texas lawmakers pushed the …
POSTED MAY 01, 2026 7:53 AM |
Michigan Gravel Company Agrees to Settlement Over PFAS Contamination
Michigan Attorney General Dana Nessel has secured an agreement with Northeast Gravel Company and Boulder Creek Development Corporation to address PFAS contamination at their Belmont property. The Administrative Order on Consent (PDF) requires the companies to investigate the extent of …
POSTED MAY 01, 2026 7:49 AM |
Missouri Hailstorm Damages Hundreds of Vehicles
Glass shards flew everywhere as Eric Gockel waited out one of the worst hailstorms to hit Missouri. One of the softball-size hunks of ice that hit the Springfield area on Tuesday measured 4.75 inches (12 centimeters). The hail killed an …
POSTED MAY 01, 2026 7:43 AM |
Texas Hill Country on Alert for Flooding as Heavy Rains Approach
A band of severe storms bearing down on central Texas has raised concerns about flooding, with heavy rains expected near the site of last year’s deadly Fourth of July floods. Communities in the Texas Hill Country could see up to …
POSTED MAY 01, 2026 5:31 AM |
Florida Firms Introduce New Tarp and Flood-Protection Products
Two new products on the market could help reduce losses and property insurance claims in storm-prone parts of the Southeast and beyond, makers announced recently. Flood Risk America, based in Lake Worth, Florida, said it has expanded its flood protection …
POSTED MAY 01, 2026 5:03 AM |
Kentucky Insurance Agent Pleads Not Guilty in Church Premium Fraud Case
A Kentucky insurance agent charged with swiping premium payments from a church pleaded not guilty this week. Glen David Ramey, of Murray, Kentucky, is scheduled for a preliminary hearing in district court on May 13, the Murray Ledger and Graves …
POSTED MAY 01, 2026 5:02 AM |
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