Trident Reciprocal Exchange is one of the new kids on the Florida block. It was launched in 2024 as the long-distressed Florida property insurance market began to thaw following statutory changes that clamped down on spiraling claims lawsuits in the …

The US government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming …

The Tennessee Supreme Court has rejected a rule change that would have allowed private equity companies to own law firms, blocking one avenue that insurance groups have warned could lead to more litigation, more high-dollar jury awards and higher defense …

Plymouth Rock Assurance Co. has sold a western Massachusetts independent agency it bought more than 25 years ago. The buyer, MountainOne Insurance Agency, is owned by regional bank MountainOne Bank. The sale of Amherst-based Encharter Insurance Agency by Plymouth Rock …

The world can no longer keep global warming below 1.5C and must now focus on minimizing its overshoot, the United Nations said ahead of next month’s COP31 climate talks in Turkey. The US retreat from the fight is making it …

Cal/OSHA cited two employers with $212,500 following a tunnel collapse near that killed one worker and seriously injured another. The agency said both employers failed to provide adequate ground support to protect employees working in the tunnel in Knights Ferry, …

SAGE Program Underwriters hired Ken Kaufmann as a senior vice president. He will help SAGE expand its distribution network, identify new program opportunities and serve as a field underwriter. Kaufmann has more than 10 years of insurance experience with a …

After a seven-day trial in Dutchess County, a New York state jury handed down a $6.8 million verdict against a nursing home and its four owners who were accused of chronic understaffing that led to severe patient neglect. The jury …

In the long-simmering clash between property insurers and public adjusters, the adjusters now have Florida’s chief law enforcement officer on their side, after state Attorney General James Uthmeier announced his office will investigate anti-public adjuster endorsements in some Florida insurance …

Dozens of cattle spilled onto a street in Kansas City, Missouri, when a semitractor-trailer plunged off a highway overpass in the city’s downtown area and onto a car early Sunday, shutting down some roads and setting off a search for …

Home insurance rates have risen so dramatically over the last decade that the average premium now exceeds the average property-tax bill in two-thirds of US counties, according to an analysis published by Bloomberg Intelligence. It points to the role of …

The damage wrought cross France by the recent street riots will demonstrate the extent of current insurance coverage, just months before a new state-backed system kicks in, according to DBRS Morningstar analysts. “The latest French unrest reinforces a broader trend …

Industry executives speaking during a recent NetDiligence Cyber Risk Summit in Philadelphia said cyber losses are increasingly driven by operational disruptions, sophisticated fraud schemes, rather than traditional ransomware and data breaches alone. Not to mention, of course, the rapid adoption …

Alphabet’s Google said on Tuesday its cloud services in the UK were back up after an hours-long outage that disrupted several financial firms and public-sector websites. The outage put the spotlight on concerns among UK and EU regulators about the …

Carolina authorities have charged multiple people, including a roofer and an insurance agent, with defrauding insurance companies. In North Carolina, Cameron Alexander Hammond, 34, of Vanceboro, was charged in another sting operation with deliberately damaging roof shingles on a home …

Ohio Mutual has named Brenton Kratzer AVP, internal audit, succeeding Kristy Kinley, who will be retiring in December. Kratzer will report to the Board of Directors Audit Committee Chair. Kratzer holds the Certified Internal Auditor (CIA) and Certified Information Systems …

Texas’ rapidly growing data center industry could reverse much of the state’s progress on air quality by the end of the decade, according to a new report released Tuesday. The air emissions report published by the Houston Advanced Research Center …

Intensifying public pushback against artificial intelligence data centers is spurring a new line of business for a New York-based boutique insurer. Arbol, which was founded by a former Citadel strategist, on Tuesday launched a new policy that protects data center …

Oaktree Capital Management’s agreement to take over a life insurer owned by Advantage Capital Holdings has collapsed, leaving the companies to discuss alternatives after regulators raised alarms over the business’s potential exposure to defunct investment firm 777 Partners. Oaktree, which …

Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz “redundant” in the next five years, HSBC Group Chief Executive Georges Elhedery said on Tuesday. The conflict has …