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Prosecutors to Subpoena Tiger Woods’ Rx Drug Records After Florida Arrest
Insurance Journal | April 10, 2026
Prosecutors to Subpoena Tiger Woods’ Rx Drug Records After Florida Arrest
Prosecutors are seeking Tiger Woods ‘ prescription drug records from a pharmacy, a week after his vehicle crashed in Florida and he was arrested on suspicion of driving under the influence. Prosecutors in Florida on Tuesday said they planned to …
Big Tech Puts Financial Heft Behind Next-Gen Nuclear Power as AI Demand Surges
Insurance Journal | April 10, 2026
Big Tech Puts Financial Heft Behind Next-Gen Nuclear Power as AI Demand Surges
Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals that offer nuclear companies both funding and a clearer path to making money. Several U.S. …
Colorado State Forecasters See Below-Average Hurricane Season
Insurance Journal | April 10, 2026
Colorado State Forecasters See Below-Average Hurricane Season
Weather forecasters from Colorado State University said on Thursday the 2026 Atlantic hurricane season was expected to fall below historical averages because of an El Nino formation sending winds across the southern U.S. that could rip apart tropical storms. “While …
Abbott Jury Awards at Least $53 Million in Infant-Formula Trial
Insurance Journal | April 10, 2026
Abbott Jury Awards at Least $53 Million in Infant-Formula Trial
Abbott Laboratories said it faces a jury award of at least $53 million over claims by four mothers that the company hid risks its premature-infant formula can cause a bowel disease which creates serious health issues for frail babies. Jurors …
Zurich Austria Launches Branch in Poland
Insurance Journal | April 10, 2026
Zurich Austria Launches Branch in Poland
Zurich Austria has launched a branch in Poland, marking Zurich Insurance Group’s entry into the Polish corporate insurance market. The local team combines knowledge of the Polish market with the global competitive strength of the Zurich Insurance Group, Zurich said. …
Dubai’s DIFC Introduces Temporary Economic Support for Business, Retail Community
Insurance Journal | April 10, 2026
Dubai’s DIFC Introduces Temporary Economic Support for Business, Retail Community
Dubai International Financial Centre (DIFC) said on Thursday it was introducing a package of temporary relief measures to support its business and retail community “as the region emerges from the current environment.” The measures, effective immediately, include flexible payment plans …
Oil Climbs as Strikes on Saudi Facilities Stoke Anxiety; Hormuz Near Standstill
Insurance Journal | April 10, 2026
Oil Climbs as Strikes on Saudi Facilities Stoke Anxiety; Hormuz Near Standstill
Oil prices climbed on Friday, driven by fresh anxiety over supplies from Saudi Arabia and as tanker traffic through the critical Strait of Hormuz remained largely frozen. Prices were still headed for a loss as nerves eased over a fragile …
A Toll for Using Hormuz Would Be a ‘Dangerous Precedent’, UN’s Ship Agency Says
Insurance Journal | April 10, 2026
A Toll for Using Hormuz Would Be a ‘Dangerous Precedent’, UN’s Ship Agency Says
Imposing a toll on ships sailing through the critical Strait of Hormuz would “set a dangerous precedent” and countries should not impede freedom of navigation, the UN’s shipping agency said on Thursday. Iranian officials have raised the idea of charging …
US E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
Insurance Journal | April 10, 2026
US E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 7.8% in 2025, marking the first single-digit growth rate recorded since 2017. Previous reports from S&P …
People Moves: Chubb Names Rampe Global Head of Claims; The Hartford Promotes Burns to Lead Enterprise Sales and Distribution
Insurance Journal | April 10, 2026
People Moves: Chubb Names Rampe Global Head of Claims; The Hartford Promotes Burns to Lead Enterprise Sales and Distribution
Chubb Names Rampe Global Head of Claims Chubb Limited named Kevin Rampe senior vice president, Chubb Group, Global Claims Officer, responsible for global claims management. Rampe will also retain his responsibilities as head of North America Claims. In his expanded …