Sweeney Appointed Chief Credit Officer at Concert Group

Arthur J. Gallagher & Co. announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial insurance and reinsurance broker serving clients across the Philippines from its headquarters in Cebu City…

Signaling a major shift in civil rights enforcement, the federal agency that enforces workplace anti-discrimination laws has moved to dismiss six of its own cases on behalf of workers alleging gender identity discrimination, arguing that the cases now conflict with President Donald Trump’s recent executive order, court documents say. The requests by the U.S. Equal…

A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention needs to become “a mandatory part” of insurance “to avoid climate risks not being insurable anymore,” Axa SA Chief Executive Officer Thomas Buberl…

Trump administration workforce cuts at federal agencies overseeing U.S. dams are threatening their ability to provide reliable electricity, supply farmers with water and protect communities from floods, employees and industry experts warn. The Bureau of Reclamation provides water and hydropower to the public in 17 western states. Nearly 400 agency workers have been cut through…

A series of chain-reaction crashes and a fire in a Wyoming highway tunnel that killed three people started when a pickup truck lost control and partially blocked traffic on the slick roadway, federal investigators said. It had snowed before the Feb. 14 crashes along Interstate 80, the primary east-west road corridor through Wyoming, near the…

Thailand saw the number of scam calls and text messages more than double to a record 168 million in 2024 from a year earlier, an anti-scam tech firm said, before authorities stepped up a crackdown on cyber fraud operations in Southeast Asia. Scammers most often pretended to sell fake products, represent Thai firms, offer loans,…