A Kuna, Idaho, man was sentenced to a stint in jail and probation for insurance fraud involving a claim for a whitewater raft that he did not own. Justin Moss filed a claim for more than $17,000 from Progressive Insurance …

EPIC Insurance Brokers & Consultants acquired E. Broox Randall & Sons Inc. in Los Angeles. The acquisition expands EPIC’s Private Client practice and commercial insurance operations in Southern California. Randall Insurance was founded in 1922 by E. Broox Randall and …

The Connecticut Insurance Department has approved decreases in workers’ compensation rates for employers starting January 1, 2027. The voluntary market loss costs will decrease -4.9% overall, while assigned risk plan rates will go down -5.8% overall. The changes reflect the …

Third quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment decreased nearly 30% compared with the prior year, to $564 million. Insurance financial results for Q3 included catastrophe losses of $283 million, and increase over the $100 …

President Donald Trump pledged to provide more federal aid to Texas flood victims after the Federal Emergency Management Agency denied the state’s initial request to help individuals recovering from widespread floods in July. The flooding swept through portions of southwest …

Mid-Michigan Home Health & Hospice, L.L.C., a private in-home health care provider to clients throughout central Michigan, will pay $41,137 and provide other relief to settle a race discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission …

Most Americans don’t want artificial intelligence making decisions about their medical care and insurance, according to a new Pew Research Center report. While Americans are generally open to AI use in healthcare for tasks like translating, 60% of the 3,488 …

Specialty Program Group has added Victoria “Vicky” Dearing as senior vice president of SPG ExecuPro, the Eecutive & Professional Liability solution within SPG Wholesale. Dearing brings more than 45 years of insurance industry experience, including over three decades specializing in …

Matthew Allen has joined Brown & Riding‘s national management & professional liability practice. Allen has over 15 years of industry experience and specializes in D&O, EPL, fiduciary, and crime coverage for private and nonprofit organizations, and professional and cyber liability …

Erie Insurance President and CEO Tim NeCastro, who announced in February that he would be retiring at the end of the year, stepped down today. The company statement said NeCastro “has decided to conclude his tenure with Erie earlier than …

RiverStone International, the Bermuda-based legacy acquisition specialist, announced two major loss portfolio transfer (LPT) reinsurance deals, including its first involving the insurance-linked securities (ILS) market. The ILS transaction, announced on Oct. 30, involved the reinsurance of portfolios associated with funds …

Binance Holdings Ltd. said Tuesday that the hackers behind a $6.3 billion heist used social engineering techniques including fake job interviews, as well as malicious software, in the most detailed report yet on how the incident unfolded. Binance, which attributed …

Four tornadoes tore across southwest Michigan in early March 2026, killing four people. They were the state’s deadliest natural hazards in decades. Gov. Gretchen Whitmer asked the Federal Emergency Management Agency for assistance to cover uninsured and underinsured losses. FEMA …

US air safety investigators said there are early indications the Learjet 60 that crashed in Palm Beach, Florida, on Sunday had broken up before impacting the ground, killing all nine people on board and injuring at least one person on …

Vantage Group Holdings Ltd., the Bermuda-based re/insurer, announced the launch of its Facultative Reinsurance line of business, led by industry executive Lisa Pickard, who has joined Vantage as president of Facultative Reinsurance. This expansion marks a key milestone in Vantage’s …

The Oregon Supreme Court will on Tuesday review a verdict that could expose Berkshire Hathaway’s PacifiCorp utility to tens of billions of dollars of potential damages over its role in four Oregon wildfires in 2020. Oregon residents and business owners …

Britain should be prepared for an AI-powered cyberattack on its critical national infrastructure in the next two years, the UK’s National Cyber Security Centre said on Tuesday, adding that China was likely the best equipped to conduct such operations. Richard …

The Institutes Griffith Foundation and the American Property Casualty Insurance Association (APCIA) honored John C. “Jack” Roche, president and chief executive officer of The Hanover Insurance Group, with the 2026 Lifetime Achievement Award during the APCIA Annual Meeting in Boston, …

Barclays Plc has been stepping up its review process to ensure it detects client exposures to intensifying flood risks. The bank has been running internal models to make sure it’s tracking different scenarios, said Amit Puri, its head of sustainability …

The Federal Trade Commission (FTC) and eight states have filed a lawsuit against Toast Inc. alleging the restaurant software company charges restaurants hidden and unauthorized fees and unwanted add-ons; fails to deliver on its customer support promises; and makes it …