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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
People Moves: Gallagher Taps EY’s Hughes as Tax Specialist in Private Equity/M&A Team
8+ mon, 2+ week ago (225+ words) Gallagher Taps Hughes From EY as Tax Specialist in Private Equity and M&A Practice Gallagher announced the UK appointment of specialist corporate M&A tax adviser Tom Hughes as director of Tax Insurance to its EMEA-wide Private Equity and…...
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
10+ mon, 3+ week ago (318+ words) A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast…...
New York Workers' Comp Board to Two Virtual-Only Locations
10+ mon, 3+ week ago (122+ words) The New York State Workers’ Compensation Board will be closing its virtual-only Allegany and New City locations, effective December 8, 2025. Noting that most of its activity remains virtual, the board said it is consolidating some of its smallest, low-activity locations. Over…...
Another Fire Ignites at Ford Aluminum Supplier Novelis in New York
9+ mon, 3+ week ago (245+ words) Another fire ignited on Thursday at Novelis’ aluminum plant in Oswego, New York, that supplies Ford’s lucrative F-150 truck line, about two months after a blaze halted much of the facility’s production. Ford in October cut its profit forecast, citing…...
Coalition Acquires MDR Provider Wirespeed
10+ mon, 6+ day ago (352+ words) Coalition announced it has acquired Wirespeed, a cybersecurity platform built to triage threat detections in milliseconds. The acquisition will combine Wirespeed’s managed detection and response (MDR) with Coalition’s suite of cyber risk management tools and coverage to provide protection against…...
Amazon Delivery Company Sued in Michigan for Disability Discrimination
9+ mon, 2+ week ago (236+ words) ALM Freight, LLC, an Amazon Delivery Service Partner company, and LMDmax Corp., violated federal law at ALM’s Pontiac, Michigan facility by failing to provide a reasonable accommodation for a deaf job applicant after she requested an American Sign Language (ASL)…...
Amazon to Expand Drone Deliveries to Suburban Chicago, Atlanta
3+ week, 3+ day ago (276+ words) Chicago and Atlanta, as well as metro Cleveland and Syracuse, New York, Amazon said in a statement on Wednesday....
The Hanover Reports 18% Growth in Q4 Net Income
7+ mon, 1+ week ago (178+ words) Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio remained relatively flat at 89.0 versus 89.2 the prior year. Net premiums written (NPW) across all…...
Banks Should NOT be Asking for Additional Insured Status
11+ mon, 3+ week ago (508+ words) We welcome back to the Academy Journal Christopher Boggs, Chief Consultant with Boggs Risk & Insurance Consulting. Banks (well, their attorneys or risk managers) are making improper requests of commercial borrowers. I’ve said what I’ve said, and I stand by what…...