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Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais
Insurance broker Lockton announced it has secured a reinsurance license in the Kingdom of Saudi Arabia, which marks the next phase of Lockton’s geographical expansion and reflects the firm’s broader international strategy to deliver tailored facultative and treaty solutions to …
POSTED APRIL 30, 2026 3:51 PM |
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Insurtech Hippo reversed a first quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total catastrophe losses of $53.4 million, of …
POSTED APRIL 30, 2026 3:35 PM |
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks, and also reasserted its control over the Strait of Hormuz, complicating U.S. plans for a coalition to reopen the waterway. Two …
POSTED APRIL 30, 2026 3:20 PM |
People Moves: Friedson Joins Alliant’s Mid-Atlantic Benefits Team
Alliant Insurance Services, headquartered in Irvine, California, added Matthew Friedson to its employee benefits group as first vice president. Based in Bethesda, Maryland, he will work with clients throughout the Northeast to tailor executive benefits and financial strategies for their …
POSTED APRIL 30, 2026 3:18 PM |
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Brown & Brown acknowledges that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. “At the end of March, the startup [Howden] has taken customers representing approximately $31 million of annual revenue as compared …
POSTED APRIL 30, 2026 2:29 PM |
Texas Seeks to Ban In-Home Ketamine
The Texas Medical Board is proposing tighter regulations around ketamine, a popular fast-acting sedative used to treat mental illness, including more physician oversight during administration of the drug and banning in-home use of it. The revised rules are expected to …
POSTED APRIL 30, 2026 2:08 PM |
Rain Helped, But Georgia Officials Warn That Wildfires Still a Threat
Officials battling two large wildfires that have destroyed dozens of homes in southern Georgia warned Tuesday that firefighters are bracing for a prolonged battle even after weekend rains gave a big boost to containment efforts. “A little bit of rain …
POSTED APRIL 30, 2026 2:04 PM |
Mississippi Middle School Students Stop Bus From Crashing After Driver Blacks Out
Quick-thinking middle school students in Mississippi kept their school bus from crashing after their driver passed out while on a four-lane highway. The bus had just left Hancock Middle School in Hancock County last week with about 40 children on …
POSTED APRIL 30, 2026 1:53 PM |
California Gasoline Price Surges Above $6 as Iran War Fans Gains
Gasoline in California has topped $6 a gallon as the global energy crunch from the Iran war reverberates. The average statewide price for regular gasoline rose to $6.01, according to data from the American Automobile Association. That’s the highest since …
POSTED APRIL 30, 2026 1:32 PM |
Grant Thornton: Insurers See AI Gains but Face Governance Gap
Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new Grant Thornton report. The independent CPA firm’s 2026 AI Impact Survey Report found that 44% of insurance executives say governance …
POSTED APRIL 30, 2026 1:21 PM |
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