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Southwest Heat Wave Tumbles Records, Raises Fire Risk
Nearly 9.5 million people across the U.S. Southwest face extreme high temperatures, as an ongoing heat wave continues to topple records and raise the risk of wildfires as far away as the Great Plains. Las Vegas reached 96F (36C) Saturday, …
POSTED MARCH 23, 2026 2:13 PM |
Starr Completes Acquisition of IQUW Group
Starr, the New York City-based global investment and insurance organization, announced it has completed the acquisition of IQUW Group, which creates a more diversified specialty re/insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor. Financial …
POSTED MARCH 23, 2026 1:35 PM |
Two Pilots Killed, Dozens Injured in Jet Collision With Fire Truck at LaGuardia Airport
NEW YORK/MONTREAL/WASHINGTON — An Air Canada Express jet collided with a fire truck while landing at New York’s LaGuardia airport late on Sunday, killing both pilots, injuring dozens and closing the facility, authorities said. The Air Canada Express CRJ-900 plane, …
POSTED MARCH 23, 2026 12:20 PM |
Musk Found Liable to Twitter Shareholders in Fraud Lawsuit Over Takeover
A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in …
POSTED MARCH 23, 2026 11:50 AM |
Trump Puts Off Threat to Bomb Iran Power Grid; Iran Denies There Are Cease Fire Talks
U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a deadline that threatened further escalation in the conflict now in its fourth week. …
POSTED MARCH 23, 2026 10:13 AM |
Fermat Criticizes ‘Unprecedented’ EU Plan to Limit Retail Investor Access to Cat Bonds
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front. John Seo, co-founder and managing director of the Connecticut-based hedge fund …
POSTED MARCH 23, 2026 9:28 AM |
Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in …
POSTED MARCH 23, 2026 9:18 AM |
Chinese Insurer Ping An’s Offshore Unit Reconsiders US Exposure
The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few …
POSTED MARCH 23, 2026 8:02 AM |
Iran-Linked Hackers Restore Website After US Seizes Domains
The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet …
POSTED MARCH 23, 2026 5:20 AM |
Hyundai Says More Injuries Tied to SUV Rear Power Seat Recall
Hyundai Motor said on March 20 it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl …
POSTED MARCH 23, 2026 5:15 AM |
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