1 month ago
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Buckeye State Mutual Insurance Company and its affiliate, Home and Farm …
1 month ago
A tropical system developing in the Bay of Campeche may reach the US Gulf Coast this weekend, threatening heavy rain while potentially skirting major oil and gas hubs. The swirl of showers and winds has a 90% chance of becoming …
Admin
1 month ago
This edition of International People Moves details appointments at the insurer Hartford International and the London broker Augment Risk. A summary of these new hires follows here. Hartford Names Smith as International Head of Distribution in UK The Hartford has …
1 month ago
Insurance agency network SIAA reports it has acquired Canopy Specialty Insurance, a specialty commercial property/casualty managing general agent (MGA) with operations in the U.S. and U.K. The addition of Canopy adds specialized underwriting and product development capabilities to SIAA’s broader …
1 month ago
Specialty insurance broker Amwins has launched illumin Specialty, a managing general agency (MGA) offering primary general liability and excess liability insurance. The MGA will work exclusively with wholesale brokers to focus on coverages for “challenging exposures across segments where market …
1 month ago
A 10th-grade girl and a motorist were killed Monday morning when a car hit a school bus full of high school students in central Florida, causing the bus to swerve and overturn. Polk County Sheriff Grady Judd said at a …
1 month ago
Britain’s communications regulator opened its first formal investigation into Meta under the Online Safety Act on Tuesday, questioning whether it properly assessed risks posed by its Instagram Instants feature before launching it in May. Instants allows content shared by users …
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1 month ago
Mosaic Insurance announced it now underwrites political violence coverage through its European headquarters in Germany to meet rising demand throughout the region. The company offers up to €100 million (US$112.1 million) of syndicated capacity, which is now accessible directly from …
1 month ago
The Pennsylvania Supreme Court last week upheld the constitutionality of the state’s $250,000 damages cap on claims against state agencies, turning aside arguments that the cap that was set in 1978 violates both the right to a jury trial and …
Andrew G. Simpson
1 month ago
Attacks on commercial vessels off the Black Sea’s western coast are on the rise, threatening already-choked trade flows in the region while testing NATO’s readiness to react. Two general cargo ships were hit by air and naval drones overnight in …
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1 month ago
ASOS Plc confirmed it is investigating a suspected cyberattack after users of its shopping app received a notification threatening to leak data. The British online apparel retailer said personal data including names and contact details may have been accessed in …
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1 month ago
ICW Group Insurance Companies is launching five commercial lines for California businesses to complement the company’s workers’ compensation offering. The company is now accepting submissions for policies effective Jan. 1, 2027, and beyond. The new offerings include commercial property, general …
1 month ago
PhiloSmith & Co., headquartered in Stamford, Connecticut, promoted Andrew Yazmer to partner and managing director. Yazmer joined PhiloSmith in 2019 after working as an actuary at John Hancock and as an investment banker at Sandler O’Neill. Since joining PhiloSmith, he …
1 month ago
Pennsylvania’s health department reported 1,004 measles cases as of Monday, as the state grapples with a fast-growing outbreak. Five Pennsylvania residents have died after contracting the highly contagious disease, as cases in the US reach their highest level in more …
1 month ago
New York Governor Kathy Hochul declared a statewide disaster emergency on Monday over a measles outbreak, the first such declaration by a U.S. state since cases began surging in 2025. The state also expanded the pool of health professionals allowed …
1 month ago
US Secretary of State Marco Rubio said on Tuesday that Russia should share more information about the death of a plague laboratory worker who died last week, an incident which he said Washington was watching “very closely.” “I think it’s …
1 month ago
L’Oreal has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall Street Journal reported on Monday. The cosmetics maker’s US …
1 month ago
Senators Elizabeth Warren and Josh Hawley are on the wrong track and misunderstand the influences that can affect claims, the industry said. The senators have sent letters to some of the largest personal lines insurers in the U.S., asking for …
Chad Hemenway
1 month ago
Starbucks has been sued by consumers who said the coffee chain falsely advertised eight protein beverages as “sugar-free” because they contain lactose, a naturally occurring sugar in milk. According to a proposed class action filed on Oct. 2, reasonable consumers …
1 month ago
No, Florida-domiciled property insurance carrier Security First Insurance is not going into the auto coverage business. But it is offering a small bundling discount for homeowners who go through the same insurance agent for both lines. “We heard directly from …