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Denver, Rockies Face Power Shutoffs as Winds Boost Fire Risk
Xcel Energy is preparing customers in the Rocky Mountain region for preemptive blackouts to help reduce the risk of wildfires as strong, dry winds threaten to knock down power lines. The utility said it would likely shut off power starting …
POSTED DECEMBER 16, 2025 6:52 PM |
World Insurance Associates Acquires SilverLeaf Insurance in Arizona
World Insurance Associates LLC acquired the business of SilverLeaf Insurance Group in Scottsdale, Arizona. SilverLeaf was established in 2009. It offers business, health, life and personal insurance lines to clients in multiple states across the nation. World Insurance Associates is …
POSTED DECEMBER 16, 2025 6:28 PM |
Employee Groups Stay Resilient as Companies Back Away From DEI
Despite the backlash against diversity, equity and inclusion policies in the US, employee groups built around shared identities or interests have largely held up. The number of Fortune 50 companies that publicly disclose so-called employee resource groups, or ERGs, was …
POSTED DECEMBER 16, 2025 4:55 PM |
Trucordia Acquires Global Financial & Insurance Services
Trucordia, a U.S. insurance brokerage, today announced its acquisition of Global Financial & Insurance Services, an insurance and financial services business based in Irving, Texas. The business has a presence in Dallas, Fort Worth, Houston and Los Angeles and serves …
POSTED DECEMBER 16, 2025 4:28 PM |
Florida Reps Aim to End Private Flood Coverage Penalty With Bill in Congress
Mortgagees required to purchase flood insurance can utilize private flood policies, under federal rules that took effect in 2019. But if they go that route, the property owners risk losing lower, grandfathered premiums if they ever return to the National …
POSTED DECEMBER 16, 2025 4:15 PM |
AIG Appoints Clifford From Everest as CEO, International Commercial Insurance
AIG Appoints Clifford From Everest as CEO, International Commercial Insurance American International Group (AIG) announced that Adam Clifford has been appointed chief executive officer, International Commercial Insurance, effective January 5, 2026. In this role, Clifford will lead AIG’s International Commercial …
POSTED DECEMBER 16, 2025 3:57 PM |
Leonardo Denies Liability for Helicopter Crash That Killed Leicester City Owner
Italy’s Leonardo has denied liability for the 2018 helicopter crash which killed Thai businessman Vichai Srivaddhanaprabha, saying in its defense to a lawsuit that its AW169 model is safe. The family of Srivaddhanaprabha, who founded duty-free retailer King Power and …
POSTED DECEMBER 16, 2025 1:50 PM |
Family Feud at New England Grocery Chain Plays Out at Trial Over CEO Ouster
A long-running family feud for control of the $8 billion-a-year Market Basket grocery chain in New England is about to take center stage at a trial to determine whether the former chief executive officer was improperly ousted by his three …
POSTED DECEMBER 16, 2025 1:42 PM |
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025
Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly by January’s record Los Angeles wildfires as well as severe convective storms (SCS) in the US, according to a report …
POSTED DECEMBER 16, 2025 1:25 PM |
Update: Trump Sues Britain’s BBC for Up to $10 Billion Over Speech Edit
President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the U.S. Capitol, opening an international front in his fight against media …
POSTED DECEMBER 16, 2025 12:32 PM |
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