Higginbotham, ranked as one of the top-20 largest independent insurance brokerages in the U.S., has continued its growth with the addition of Charter Energy, a specialty insurance brokerage in Atlanta. Charter was founded in 1986 by Pete Lunati and is now led by Marsh Lunati. The firm remains focused on the energy sector, heavy industry […]
Higginbotham Adds Energy Sector Specialty Firm in Georgia Read More »
In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight train. No one was hurt in either case and the damage was limited, but Poland,
Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials Read More »
Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility in Aurora, Illinois, that handles trillions of dollars in trading volume each day went down
A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP Read More »
Mike Mathews Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with companies and investors across key sectors, including data centers, advanced computing, digital mining, renewable energy, wireless networks and
American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until ready to be slaughtered, are expected to have dropped in November to the lowest levels
More US Beef Plants May Close as Cattle Herds Keep Tightening Read More »
UPS stole tens of millions of dollars in pay from seasonal workers who help the shipping giant deliver packages during the busy holiday season, forcing some to clock in well after their shifts started and deducting pay for lunch breaks they never took, New York Attorney General Letitia James alleged in a lawsuit Monday. Filed
UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges Read More »
After celebrating Donald Trump’s second presidential term by swilling cocktails and partying to Snoop Dogg at a pre-inauguration event in January, the crypto industry went on to notch major legislative and regulatory victories this year. But the party may not continue into 2026. Among the industry’s biggest wins under Trump’s crypto-friendly second administration were the
US Crypto Industry Cheers 2025 Wins, but Party May Fizzle Next Year Read More »
American International Group (AIG) said it has teamed up with specialty insurer Amwins and asset manager Blackstone to launch a Lloyd’s syndicate, using its relationship with Palantir to assist in assessing the portfolio. AIG said Syndicate 2479 will start underwriting $300 million in premium, managed by AIG’s Talbot Underwriting, on Jan. 1. The portfolio is
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir Read More »
A woman who allegedly pushed razor blades into loaves of bread at two Biloxi, Mississippi, Walmart stores was arrested on Tuesday. Camille Benson, 33, of Texas, has been charged with attempted mayhem. Her bond is set at $100,000. Harrison County Jail records on Wednesday morning do not list an attorney for Benson who could be
Woman Charged After Razor Blades Found in Bread at 2 Mississippi Walmarts Read More »
Vantage Group Holdings Ltd., the privately held specialty re/insurer, has entered into a definitive agreement to be acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The Vantage deal, which is expected to close in the second quarter of 2026, aims to support the transformation of HHH, a real estate development firm, into
Vantage Group to Be Acquired by Ackman-Backed Howard Hughes Holdings for $2.1B Read More »