Patricia Wells

A critical error has been reported on a popular website, causing disruptions for users. The issue has raised concerns among website visitors and administrators alike. The error message simply states, "There has been a critical error on this website." This vague notification leaves many users puzzled and frustrated, as they are unable to access the … Read more

The global cyber insurance market is on track for significant growth, according to a recent report from Munich Re. The company predicts that by 2025, the market will reach around $16.3 billion in gross premiums. This growth is expected to continue, with projections indicating that the market could exceed $32 billion by 2030. In their … Read more

United Risk, part of Applied Underwriters, has announced the launch of a new multi-line reinsurance managing general agent (MGA). This new entity aims to provide specialized underwriting services in property/casualty, cyber, and credit risk. Jay Cahill, who previously served as the chief financial officer of United Risk, has been appointed as the CEO of the … Read more

Countries at the United Nations shipping agency have reached a significant agreement aimed at reducing emissions in the maritime sector. This deal, struck on Friday, introduces a global fuel emissions standard that will penalize ships for exceeding set emissions limits while rewarding those that use cleaner fuels. The agreement comes amid tensions, as the United … Read more

Arthur J. Gallagher & Co. has officially completed its acquisition of Woodruff Sawyer for $1.2 billion. This deal was finalized just over a month after it was announced in early March. Gallagher made the announcement on April 10, confirming that the San Francisco-based Woodruff Sawyer is now part of its operations. Andy Barrengos, the CEO … Read more

Paul Weiss Rifkind Wharton & Garrison, a prominent law firm, has recently taken a significant step back from its environmental, social, and governance (ESG) initiatives. Once seen as a leader in this space, the firm launched an ESG advisory practice in 2020 and established the ESG and Law Institute a year later. These efforts aimed … Read more

After a tornado hit an Amish community in Michigan, the residents sprang into action to repair the damage. This all happened even before meteorologists could assess the situation. The tornado struck last Wednesday, bringing winds of up to 100 mph. Dustin Norman, a meteorologist with the National Weather Service, visited Branch County a few days … Read more

A federal appeals court has allowed a civil rights lawsuit to move forward in Louisiana, where community groups are fighting against what they claim are racist land-use policies. The lawsuit targets St. James Parish, where a high concentration of polluting industries has been built in areas with mostly Black residents. The 5th U.S. Circuit Court … Read more

Trucks and workers are busy cleaning up an oil spill from the Keystone pipeline in rural North Dakota. The spill happened on Tuesday morning when an employee heard a loud bang and quickly shut down the pipeline. An aerial photo shows a large, dark pool of oil in a snowy field, with tire tracks nearby. … Read more

The call to eliminate the Federal Insurance Office (FIO) is gaining momentum, with major industry groups joining the effort. On April 11, the National Association of Mutual Insurance Companies (NAMIC) and the Independent Insurance Agents & Brokers of America (Big I) sent a letter to Congressman Troy Downing from Montana. Downing had introduced a bill … Read more