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Texas Heat Wave Collides With Tropical Storm Bertha
Texas and Louisiana are facing a dangerous combination of stormy weather and extreme temperatures as Tropical Storm Bertha sweeps across the Gulf Coast during a heat wave. Bertha is expected to bring a life-threatening storm surge and as much as …

People Moves: Liberty Mutual Re Names Spurgeon as Global Head of Cyber Reinsurance; Tokio Marine HCC Promotes Dagdelen as Head of Cyber – International
This edition of International People Moves details cyber appointments at Liberty Mutual Reinsurance and Tokio Marine. A summary of these new hires follows here. Liberty Mutual Re Names Spurgeon as Global Head of Cyber Reinsurance Liberty Mutual Reinsurance Group (LM …

Former Arch Execs Grandisson, Gansberg Named Vantage Chair, CEO; Best’s Comments
Howard Hughes Holdings Inc., the new parent company of Vantage Group Holdings Ltd., announced that Marc Grandisson has been named executive chairman of Vantage, effective immediately. At the same time, David Gansberg was appointed as CEO designate – a role …

Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court
New Jersey’s high court has ruled that Allstate Insurance has a right to a jury trial for its fraud and conspiracy claims brought against more than 30 medical providers under the state’s Insurance Fraud Prevention Act (IFPA) and the Anti-Racketeering …

Marsh Reports 6% Revenue Increase in Q2, as Reinsurance Unit Sees 2% Decline
Insurance broker Marsh reported consolidated revenue of $7.4 billion during the second quarter, an increase of 6% over Q2 2025, or 5% on an underlying (organic) basis. Q2 operating income increased 4% to $1.9 billion, while net income attributable to …

Markets/Coverages: WBN Launches Duty of Care Offering for Mobile Workforces; Rokstone Gains Capacity for Autotransporter Solution
Independent insurance broking and employee benefits network Worldwide Broker Network (WBN) launched Duty of Care Zone, a dedicated resource designed to help multinational organizations build coordinated, gap-free strategies to ensure globally mobile workforces are supported and compliant. The launch comes …

People: Georgia’s Walker Named President of National Benefits and Insurance Group
Mychal Walker, owner of an insurance agency in Duluth, Georgia, has been named president of the National Association of Benefits and Insurance Professionals. He succeeds Susan Rider. Walker is president of The Walker Agency, a retirement planning firm, and is …

Update: Saudi Crude Tankers Turn Back as Houthis Open New Front in US-Iran War
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats from Yemen’s Iran-aligned Houthis, as a widening Middle East conflict disrupted shipping through two of the world’s most critical energy chokepoints. U.S. …

Buffalo Man Pleads Guilty to Arson That Destroyed The Old Pink
In the early morning hours of June 17, 2024, the Buffalo Fire Department (BFD) responded to the scene of a fire at 223 Allen Street, a restaurant/bar known as The Old Pink. The building was engulfed in flames and was …

WR Berkley Reports Q2 Net Income Increase of 12.7%
Second quarter 2026 net income at W.R. Berkley Corp. increased about 12.7% compared to the same period a year ago to about $452.3 million. Operating income for the second quarter was $497.1 million, up from $420.5 million during the same …