American International Group, Inc. has agreed to sell approximately 25 million shares of common stock of Corebridge Financial, Inc., representing its remaining stake in the company. The sale, which is expected to close on May 7, will result in net proceeds to AIG of approximately $710 million.
Thurs., May 14, 2026, will mark the grand opening of the Institutes of Health's Burbank campus, where practitioners can pursue a clinical approach to reversing complex and costly work-related injuries. The opening signals the introduction into Burbank of a model that is changing how employers, municipalities, and health care systems approach some of the most difficult and expensive cases in workers' compensation. For more information, visit www.institutesofhealth.org.
The Property & Liability Resource Bureau has launched the PLRB Advanced Coverage Education program, a new professional designation designed to help claims professionals deepen their coverage knowledge, strengthen decision-making skills, and support more consistent and accurate claims outcomes.
RIMS and The Latin American Foundation for Risk Management (FUNDALARYS) have entered into an agreement to, collaboratively, elevate risk management practices in Latin America by promoting a global standard of knowledge and professionalism through education. The agreement, signed at RISKWORLD®, outlines a plan for the more than 2,000 risk practitioners who hold the FUNDALARYS-AIRM Certification to take the next step in their professional journeys by earning the globally accredited RIMS-Certified Risk Management Professional certification.
Howden has acquired the intellectual property assets of Cybeta, LLC, a leading cyber data and analytics provider. The acquisition will enable Howden to provide clients with faster, more precise insight into cyber risk, supporting better underwriting, placement, and claims outcomes.
The Town of Plymouth has partnered with InnSure, a non-profit reimagining climate change-related insurance risk financing, on a flood resilience-focused pilot project intended to identify insurance coverage gaps and reduce coastal hazard risks in the community. As part of the collaboration, InnSure will develop and implement an artificial intelligence-driven Total Cost of Risk Simulator, the results of which will inform and support urban planning and resilience activities.
Richards Insurance Agency LLC announced its recognition as Rockford Mutual Insurance Company's Agency of the Year for 2025.
Clearcover Insurance Company launched a new auto insurance product in Florida built around one idea: coverage that works on the driver's terms, not the insurer's. The product eliminated the fees and rigid payment schedules that push Florida's most vulnerable drivers out of coverage: no late fees, no cancellation fees, no reinstatement charges, and payment plans that sync with weekly, biweekly, or monthly pay cycles.
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