8+ hour, 24+ min ago   (800+ words) A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead set…...

3+ day, 21+ hour ago   (140+ words) Jencap Group announced that it has acquired Concorde General Agency (Concorde), a regional wholesaler specializing in personal lines, commercial lines, and farm and ranch insurance. Fargo, North Dakota-based Concorde will continue operating under its well-established brand as part of the…...

4+ day, 6+ 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…...

5+ day, 7+ min ago   (228+ words) UnitedHealth Group Inc. has sold an interest in some of its Optum Health operations in Florida to private equity company TPG Inc. as the health conglomerate is working to recover from a collapse in profits last year. Optum Health margins…...

5+ day, 23+ hour ago   (828+ words) The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure. The damage extends beyond the Bitcoin…...

5+ day, 23+ hour ago   (299+ words) Boston Scientific said on Tuesday it no longer expects to meet its previously issued third-quarter and full-year 2026 sales and adjusted profit forecasts, after a cybersecurity incident disrupted the medical device maker’s global operations. An unauthorized activity on some of its…...

6+ day, 10+ min ago   (202+ words) Markel Group Inc. said its chairman, Steve Markel, will retire after more than 50 years with the company. He will not seek re-election to the board at the 2027 annual shareholder meeting. CEO Tom Gayner was elected chairman, effective immediately, said Markel’s…...

6+ day, 2+ hour ago   (812+ words) China is injecting 300 billion yuan ($45 billion) into its largest banks and insurers, part of the nation’s biggest recapitalization in almost two decades, to shore up the strength of its financial system and sustain lending as economic growth slows. The Ministry…...

6+ day, 6+ hour ago   (678+ words) Employment in Canada fell by 41,700 in August, reversing some of the labor market momentum seen in recent months as the manufacturing sector posted the only significant increase. The jobless rate held steady at 6.4% while job losses were concentrated in Ontario…...

1+ week, 22+ hour ago   (170+ words) EQT AB has agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion, as the Swedish buyout firm looks to accelerate the company’s global expansion. The investment will be made through…...