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At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based
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News
NATO Allies Foil Russian Subsea Cable Sabotage Plot
2+ day, 23+ hour ago (1128+ words) Deep in Arctic waters near the remote Svalbard archipelago this spring, NATO allies caught Russian subs training to unleash a secret weapon designed to disable critical undersea cables without leaving any fingerprints. The clandestine Russian operation, described to Reuters by…...
Hormuz Disruptions Hitting Small Businesses Hardest, UN Trade Agency Warns
3+ day, 1+ hour ago (394+ words) Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience of international trade, the United Nations Conference on Trade and Development said on Tuesday [Sept. 8]. … Disruptions…...
Florida Business Attorney, Family Killed Plane Crash in Bahamas
3+ day, 16+ hour ago (169+ words) A well-known Miami commercial litigation attorney, in practice for more than 50 years, and three family members were killed when the small plane he was piloting crashed into the sea after leaving the Bahamas. The bodies of Mario A. Lamar, 80, his wife,…...
NYC Officials Feared Liability Over Toxic Air After 9/11 Attacks
3+ day, 18+ hour ago (311+ words) New York City Mayor Zohran Mamdani released more than 170,000 pages of records about the aftermath of the Sept. 11, 2001, attacks, including documents showing officials were weighing potential liability from toxic exposure while trying to reassure the public about the safety of…...
US Hits Several Iran Oil Tankers in Response to Warship Attack
3+ day, 18+ hour ago (712+ words) The US attacked more Iranian oil tankers overnight, with the worsening tensions over control of the Strait of Hormuz sending Brent crude beyond $100 a barrel. The American military said it “destroyed” five vessels in response to Iran’s Islamic Revolutionary Guard…...
Shipping Nations Warn Global Trade Is Fracturing — And Everyone Pays
3+ day, 21+ hour ago (630+ words) The armed conflicts, trade wars, and extreme weather events hammering maritime supply chains are not one-offs, but rather signs of a “structural shift” for global trade, 18 of the most important shipping nations warned on Tuesday. “Shipping routes are increasingly instruments…...
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
6+ day, 7+ hour ago (259+ words) USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to an August lawsuit filed in U.S. District Court for the Eastern District of…...
Nuclear Verdicts Go Boom, Increase 40.7% in 2025
6+ day, 7+ hour ago (372+ words) So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least $10 million in…...
France Declares Fifth Heat Wave After Hottest Summer Ever
1+ week, 2+ day ago (278+ words) France is bracing for its fifth heat wave this year after the hottest summer in its history ravaged forests, hurt the tourism season and destroyed crops in Europe’s top agriculture producer. The new heat wave is due to start on…...
Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says
1+ week, 2+ day ago (86+ words) South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on Thursday. Samsung Fire and Marine Insurance Co. and Samsung Life Insurance…...