Axis Insurance Managers Inc. announced it has acquired The Magnes Group Inc. Axis Insurance made its initial investment in Magnes in 2015. Financial details of the transaction were not disclosed. Founded in 1933, Magnes is an independent insurance brokerage with …

The deadly turbulence on a Singapore Airlines Ltd. flight on its way from London to Singapore has put a spotlight on the world’s most unstable air routes. A British man was killed and seven other people were critically injured after …

Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture & Beverage practice that focuses exclusively on the region. The new Food, Agriculture & Beverage practice will deliver tailor-made insurance solutions …

Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence, but policies may vary, the Association Of British Insurers said following the Singapore Airlines SIAL.SI incident on Tuesday. One passenger died of a suspected heart attack, and 30 were …

Courts around the world are hearing an ever-growing number of climate change lawsuits with some of the largest cases in history being decided in 2024 and 2025. Here are the key cases to watch: INTERNATIONAL COURT OF JUSTICE (ICJ) The …

American International Group, Inc., headquartered in New York, appointed Gordon Browne as global head of specialty, effective June 11. Browne will serve on the international insurance leadership team. Browne has over 20 years of industry experience in the U.S. and …