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World Insurance Adds Wolpert Agency of Massachusetts
Global insurance broker World Insurance Associates reported that it recently bought the business of Wolpert Insurance Agency of Worcester, Massachusetts. Terms of the October 1, 2025 transaction were not disclosed. Wolpert was established in 1956. It is known for its …
POSTED JUNE 18, 2026 1:38 PM |
First Tankers Cross Strait Under Iran Deal; Israeli Strikes Raise Doubt in Lebanon
Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz on Thursday, hours after U.S. President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies. But in …
POSTED JUNE 18, 2026 1:31 PM |
RSUI CEO McCrorie to Retire in 2027; Whittington to Become CEO
Specialty insurer RSUI announced that Chairman and Chief Executive Officer Phillip McCrorie will step down as CEO at year-end 2026, concluding a career spanning nearly 40 years in the insurance industry. He will remain RSUI’s executive chairman through the first …
POSTED JUNE 18, 2026 1:14 PM |
Waymo Recalls Thousands of Robotaxis Over Risk of Entering Construction Zones
Alphabet self-driving unit Waymo is recalling nearly 3,900 robotaxis in the U.S. because a software issue could cause the vehicles to enter a closed freeway construction zone and continue driving. It is the second recall by Waymo in just over …
POSTED JUNE 18, 2026 12:51 PM |
Zurich’s Planned £8.1B Acquisition of Beazley Gets Regulatory Nod in Australia
Zurich Insurance Group’s proposed £8.1 billion (US$10.8 billion) acquisition of Lloyd’s insurer Beazley plc has received approval from Australia’s regulatory watchdog. The Australian Competition and Consumer Commission (ACCC) announced on June 17 that the acquisition “may be put into effect” …
POSTED JUNE 18, 2026 12:46 PM |
Accused Insurer CEO Killer Mangione Could Face Hurdles With Mental Health Defense
Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a mental health breakdown, legal experts said. Mangione is accused …
POSTED JUNE 18, 2026 11:56 AM |
Bulgarian Surveillance Firm Circles Sold Phone Spy Tools to Repressive States: Report
A Bulgaria-based company sold controversial surveillance technology to governments in countries with records of repression, enabling authorities to track mobile phones and eavesdrop on private communications, according to documents obtained by Human Rights Watch. The surveillance firm Circles offered tools …
POSTED JUNE 18, 2026 9:34 AM |
Capital Factory CEO Killed in Private-Jet Crash in Texas
Joshua Baer, the founder and chief executive officer of the venture capital firm Capital Factory, died Tuesday in a plane crash in South Texas, the Austin American-Statesman reported. Baer, a major player in the Texas technology and startup space, was …
POSTED JUNE 18, 2026 9:00 AM |
Biofuels Are Key to Avoiding Sharp Farmland Drop, S&P Says
Expanding biofuel demand is a “powerful catalyst” to restore profitability to American farms, according to a new study, as harvests balloon and lawmakers consider broadening the market for corn-based ethanol. Climbing crop yields are creating persistent surpluses thanks to better …
POSTED JUNE 18, 2026 7:30 AM |
Uber to Offer Robotaxis in Houston With Lucid and Nuro, Posing Challenge to Waymo
Uber Technologies Inc. will offer driverless robotaxi rides in Houston in vehicles developed by Lucid Group Inc. and Nuro Inc., setting it up to challenge Waymo in the fourth-largest US city. Nuro is already testing the vehicles in Houston, but …
POSTED JUNE 18, 2026 7:00 AM |
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