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Carlyle Rethinks Portfolio Risk to Give Weather Insurance a Bigger Role
Carlyle Group Inc. is unveiling a new framework for portfolio risk so that asset values reflect the insurance implications associated with severe weather shocks. The $475 billion Washington-based firm says the current standard — whereby money managers are reactive rather …
POSTED JUNE 22, 2026 6:28 PM |
Tanker Traffic Through Hormuz Picks Up After Slower Flows Due to Crossing Concerns
Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed the waterway over the weekend, shipping data showed. Iran lifted its …
POSTED JUNE 22, 2026 4:01 PM |
Inszone Still on a Tear With Acquisition of Georgia Agency
Inszone Insurance Services, based in Sacramento, California, has continued its tear of mergers this year, most recently with the acquisition of Sanford, Bruker & Banks agency in Georgia. Sanford, Bruker, with offices in the Augusta area, is one of the …
POSTED JUNE 22, 2026 3:36 PM |
People Moves: Eason Hired by WTW to Strengthen Actuarial Data Science Capabilities
WTW announced the appointment of Lizzie Eason as director and actuarial data scientist within its pricing, product, claims and underwriting (PPCU) consulting team in North America, effective June 15, 2026. Eason will support PPCU clients and prospects by developing integrated …
POSTED JUNE 22, 2026 3:16 PM |
Howden Re Launches Office in Ireland, With Former McGill Exec Carpenter at Helm
Howden Re, the global reinsurance brokerage arm of Howden Group, announced it has launched an office in Ireland to expand its European footprint. Ireland is now the fourth-largest insurance market in the EU, generating over €100 billion in annual premiums, …
POSTED JUNE 22, 2026 2:53 PM |
Flooding Still a Problem in Southeast as Storms Bring New Rainfall Across the Region
Areas across the Southeastern United States reported flooding from the remnants of Tropical Storm Arthur and other weather systems, with more flash floods expected Monday from Alabama to parts of the East Coast. In Smith County in central Mississippi, emergency …
POSTED JUNE 22, 2026 2:33 PM |
World’s Top Golfers to Compete This Week in Travelers Championship
The Travelers Companies, Inc. announced that the 2026 Travelers Championship at TPC River Highlands in Cromwell, Connecticut will run from Thursday, June 25 to Sunday, June 28. This is a Professional Golf Association (PGA) Tour Signature Event and the 20th …
POSTED JUNE 22, 2026 1:51 PM |
Firefighters Warn They’re Ill-Prepared for a Bad Wildfire Season
Europe is facing another summer of intense wildfires, but firefighters who will be on the frontline warn that they’re entering the season under-funded, under-equipped and under-staffed. The continent experienced its worst season for wildfires on record last year, with blazes …
POSTED JUNE 22, 2026 1:47 PM |
Mythos Myths: Good Guys Hold More Cybersecurity Cards, Insurer CEO Says
No offense to the members of the media, but the media tends to blow this stuff up. That’s how Jim Williamson, president and chief executive officer of insurer and reinsurer Everest Group Ltd., prefaced his answer to a question about …
POSTED JUNE 22, 2026 1:45 PM |
Progress Made on LA Warehouse Fire That Prompted Shelter-in-Place Orders
Firefighters are making progress on a large blaze at a warehouse that blackened the skies near downtown Los Angeles and prompted shelter-in-place orders in the area due to the risk of hazardous air. Fire crews were able to remove the …
POSTED JUNE 22, 2026 1:32 PM |
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