Life Insurance

Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research

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Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research

The recent escape of several research monkeys after the truck carrying them overturned on a Mississippi interstate is the latest glimpse into the secretive industry of animal research and the processes that allow key details of what happened to be kept from the public. Three monkeys have remained on the loose since the crash on […]

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ReSource Pro Acquires Indiana-Based Supportive Insurance Services

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

ReSource Pro, a strategic operations partner serving the insurance industry, announced the acquisition of Supportive Insurance Services (SIS), a provider of licensing and renewal services. SIS’s deep specialization in adjuster licensing and compliance services complements ReSource Pro’s existing offerings, which include surplus lines tax filings and corporate and franchise tax reporting. Together, they give insurers

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Bank Sells Tompkins Agencies to A. J. Gallagher for $223 Million

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Tompkins Financial Corp. has closed on the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (TIA), to Arthur J. Gallagher & Co. for approximately $223 million in cash. The transaction generates a pre-tax gain of $183 million, the financial services firm said. With a 150-year operating history, TIA is a retail insurance agency

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A Toy Maker Takes His Case Against Trump’s Tariffs to the Supreme Court

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A Toy Maker Takes His Case Against Trump’s Tariffs to the Supreme Court

Within days of Donald Trump announcing his sweeping “Liberation Day” tariffs in April, Rick Woldenberg was looking for a law firm to help him sue the U.S. president. “I’m not willing to allow politicians to destroy what we have built up over generations,” said Woldenberg, CEO of educational toy company Learning Resources, a family business

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Jamaica Catastrophe Bond Has Now Triggered, Government Says

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Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion

Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the next few weeks we’ll get more details into what the payout is,” Dana Morris Dixon, minister of education, skills, youth and information, said in a briefing from the prime minister’s office on Friday. Jamaica’s $150

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End of the Road for Traditional Insurance?

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Is traditional insurance an outdated and unaffordable risk management strategy? Essentially, the answer is yes. Traditional insurance is a dying tool on many levels. I’ll probably get a thousand readers arguing that I’m wrong, citing the industry’s continued growth. That growth hides reality because it is rate growth, which supports my point that traditional insurance

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Washington Supreme Court Restores $185M Monsanto Chemical Leak Verdict

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Washington Supreme Court Restores $185M Monsanto Chemical Leak Verdict

A U.S. court reinstated a $185 million verdict against Bayer’s Monsanto unit over chemical contamination at a Washington state school on Thursday. The Washington state Supreme Court reversed a lower court ruling that had vacated the verdict in a 2021 trial over claims brought by three teachers at Sky Valley Education Center in Monroe, Washington.

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Boston Weighs Clampdown on Driverless Taxis in Threat to Waymo

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Boston Weighs Clampdown on Driverless Taxis in Threat to Waymo

Boston city councilors are proposing an ordinance that would require Alphabet Inc.’s Waymo and other autonomous ride-share services to have a human operator present in the vehicle. The legislation would mandate a study on the technology’s effects on the employment of current ride-share drivers and prohibit self-driving cars from operating in Boston until that’s been

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France Makes New Arrests in Louvre Heist; Jewels Still Not Found

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France Makes New Arrests in Louvre Heist; Jewels Still Not Found

Five more people have been arrested in the Louvre heist case, the Paris prosecutor said Thursday, after two alleged members of the group that stole jewels from the museum were charged. Authorities linked one of the new individuals detained to DNA found at the museum, Laure Beccuau told RTL radio. The necklaces, tiaras and earrings

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Tiesi Joins Canopius as US Head of Financial Lines

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Tiesi Joins Canopius as US Head of Financial Lines

John Tiesi Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio across Canopius’ U.S. operations. Tiesi has over 25 years of experience in financial and professional liability underwriting, with expertise in supporting financial and commercial institutions across the middle market. He joins Canopius from

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