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Blizzard Caused Up to $38 Billion in Estimated Damage, Economic Loss: AccuWeather
The winter storm that brought several feet of snow and blizzard conditions to parts of the Northeast this week resulted in $34 billion to $38 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. More …
POSTED FEBRUARY 24, 2026 5:58 PM |
Sompo Holdings Completes Acquisition of Aspen, Taking it Private
A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has finalized its $3.5 billion acquisition of Aspen Insurance Holdings Ltd., taking the insurer private. Under the terms of the deal, which was first announced in August 2025, 100% of …
POSTED FEBRUARY 24, 2026 5:21 PM |
California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition
California asked a state judge on Tuesday to stop Amazon.com from inflating prices for consumers through an alleged campaign to bully merchants not to sell goods more cheaply elsewhere. The state’s attorney general, Rob Bonta, sought a preliminary injunction in …
POSTED FEBRUARY 24, 2026 4:35 PM |
Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best
Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could create headwinds for a country where tourism represents approximately 10% of the economy, AM Best said in a commentary. Violence …
POSTED FEBRUARY 24, 2026 4:11 PM |
People Moves: Rodriguez To Lead EPIC National Real Estate; AXA XL Names Carnazza Head of Construction Property, Americas; Wischmeyer Joins Marsh’s Digital Infrastructure Practice
EPIC Names Rodriguez National Real Estate Program Development Leader EPIC Insurance Brokers & Consultants, headquartered in San Francisco, California, appointed Miranda Rodriguez to the newly created role of program development leader within its national real estate practice. Rodriguez will focus …
POSTED FEBRUARY 24, 2026 4:05 PM |
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