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Markets/Coverages: Amwins Launches MGA illumin Specialty
Specialty insurance broker Amwins has launched illumin Specialty, a managing general agency (MGA) offering primary general liability and excess liability insurance. The MGA will work exclusively with wholesale brokers to focus on coverages for “challenging exposures across segments where market …
POSTED OCTOBER 06, 2026 3:18 PM |
Two Killed, Including Student, in School Bus Crash in Central Florida
A 10th-grade girl and a motorist were killed Monday morning when a car hit a school bus full of high school students in central Florida, causing the bus to swerve and overturn. Polk County Sheriff Grady Judd said at a …
POSTED OCTOBER 06, 2026 2:51 PM |
UK Watchdog Opens First Online Safety Act Probe Into Meta
Britain’s communications regulator opened its first formal investigation into Meta under the Online Safety Act on Tuesday, questioning whether it properly assessed risks posed by its Instagram Instants feature before launching it in May. Instants allows content shared by users …
POSTED OCTOBER 06, 2026 2:48 PM |
Markets/Coverages: Mosaic Offers Political Violence Cover in Europe, Capacity of €100M
Mosaic Insurance announced it now underwrites political violence coverage through its European headquarters in Germany to meet rising demand throughout the region. The company offers up to €100 million (US$112.1 million) of syndicated capacity, which is now accessible directly from …
POSTED OCTOBER 06, 2026 2:35 PM |
Pennsylvania High Court Upholds 48-Year Old Damages Cap Protecting State Agencies
The Pennsylvania Supreme Court last week upheld the constitutionality of the state’s $250,000 damages cap on claims against state agencies, turning aside arguments that the cap that was set in 1978 violates both the right to a jury trial and …
POSTED OCTOBER 06, 2026 2:20 PM |
Ukraine War Escalates as Black Sea Drone Strikes Hit Cargo Ships
Russian attacks on commercial vessels off the Black Sea’s western coast are on the rise, threatening to add strain to already-choked trade flows in the region. “Commercial ships — and innocent crews — are being targeted, with lives already lost …
POSTED OCTOBER 06, 2026 1:57 PM |
ASOS Plc Shares Slump After App Users Receive Hack Notification
ASOS Plc shares slumped the most in a year after users of its shopping app received a notification indicating its systems were hacked. The notification, seen by Bloomberg and widely reported on social media, appeared to refer to the British …
POSTED OCTOBER 06, 2026 12:45 PM |
ICW Group Expands Commercial Lines Portfolio in California
ICW Group Insurance Companies is launching five commercial lines for California businesses to complement the company’s workers’ compensation offering. The company is now accepting submissions for policies effective Jan. 1, 2027, and beyond. The new offerings include commercial property, general …
POSTED OCTOBER 06, 2026 12:37 PM |
People Moves: PhiloSmith Promotes Yazmer to Partner
PhiloSmith & Co., headquartered in Stamford, Connecticut, promoted Andrew Yazmer to partner and managing director. Yazmer joined PhiloSmith in 2019 after working as an actuary at John Hancock and as an investment banker at Sandler O’Neill. Since joining PhiloSmith, he …
POSTED OCTOBER 06, 2026 12:22 PM |
Pennsylvania Measles Cases Rise to 1,004 as Outbreak Spreads
Pennsylvania’s health department reported 1,004 measles cases as of Monday, as the state grapples with a fast-growing outbreak. Five Pennsylvania residents have died after contracting the highly contagious disease, as cases in the US reach their highest level in more …
POSTED OCTOBER 06, 2026 12:17 PM |
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