Spend enough time along the shores of Lake Superior and it won’t be long before there’s some reminder of what happened “when the gales of November came early.” This year marks the 50th anniversary of the wreck of the Edmund Fitzgerald, the largest and most famous of the estimated 6,500 ships that have gone down … Read more
Encova Insurance, headquartered in Columbus, Ohio, named Zach Webber as vice president, corporate actuarial, and Boppana Rao as vice president, enterprise digitization, AI and data. Webber has nearly two decades of actuarial experience across both commercial and personal lines, with a strong foundation in reserving and pricing. His career includes roles at the Ohio Bureau … Read more
The National Transportation Safety Board wants the owners of nearly 2,000 Learjets—which have long been associated with the rich and famous—to urgently inspect their landing gear to make sure they won’t collapse as happened in a fatal crash in February involving a private jet owned by Mötley Crüe singer Vince Neil. The NTSB issued a … Read more
Thick smoke blanketed a rural community in southern Texas and many residents were ordered to evacuate as firefighters worked to contain a blaze Wednesday evening, officials said. The Mill Fire in Gregory, Texas, about 150 miles (80.5 kilometers) southeast of San Antonio, had grown to 15 acres and officials had contained about 50% of it, … Read more
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago. The new amount is roughly half the $667 million that … Read more
The Texas State Office of Risk Management Board of Directors announced Sara Hays as the newly appointed Executive Director. Hays joins the Office after many years of state service, including Chief of Staff for two state representatives and Budget and Policy Advisor for Governor Gregg Abbott. Most recently, she was the Deputy Director of Operations … Read more
The city of Detroit has agreed to pay $5.85 million to settle a lawsuit over the death of a pedestrian who was struck by a city bus, the second fatality involving the same driver since 2015. Wayne County Judge Kathleen McCarthy signed off on the deal last week, court records show. Janice Bauer, 67, was … Read more
New attributes—electrical panel location, roof life stage, and plumbing materials—enhance underwriting precision and deepen visibility into structural risk. Tampa, FL – October 14, 2025 — PGM Solutions today announced the expansion of its Home Factors property intelligence platform. The latest release introduces several new and enhanced attributes, including electrical panel and sub-panel location, roof life … Read more
The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to property intelligence company Cotality. The insured losses are a fraction of the total property damage, which Cotality estimates at $2 billion to $5 billion, though much uncertainty remains amid limited observations of the devastation. Other … Read more
Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the 63-year history of Philadelphia Insurance Companies. The deal includes all collector vehicle insurance business and employees from: American Collectors Insurance, J.C. Taylor Insurance, Condon … Read more