Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During the January 2023 renewals, the global reinsurance market saw a significant recalibration, which …

Two construction workers who contracted Legionnaires’ disease while working at a site in New York City have filed lawsuits against two construction management firms they allege should be held responsible for the workplace conditions that caused them to contract the …

Governments and employers should take urgent action to help protect the health of workers who are increasingly exposed to extreme heat, the United Nations said on Friday. Climate change is making heatwaves more common and intense, and workers worldwide are …

Hurricane Erin is muddling computer models and making forecasters, analysts and traders question the accuracy of the outlook for heat, wind and storms across Europe next week. Erin, which churned through the Atlantic 330 kilometers (205 miles) off the North …

Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new insurer to enter the Florida …

The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The purpose of NAIC accreditation is to ensure that state insurance departments meet baseline standards of solvency regulation, particularly with …

Volvo Launches Independent Agency Auto manufacturer Volvo has launched an independent insurance agency offering not just car insurance for Volvos but also home and umbrella insurance. The Mahwah, New Jersey-based Volvo Car Insurance Services represents five major carriers: Nationwide, The …

When Hurricane Helene barreled across several southern states last fall, it destroyed homes and killed more than 150 people. The storm also took out one of the country’s main factories producing intravenous fluid bags widely used in hospitals. The ensuing …

Health officials are working to alert hundreds of people in dozens of states and several countries who may have been exposed to rabies in bat-infested cabins in Wyoming’s Grand Teton National Park over the past few months. As of Friday, …

Investigators on Tuesday were trying to determine what caused an explosion aboard a cargo ship laden with coal as it departed Baltimore’s harbor for East Africa. Officials said no one was injured in the blast Monday evening, which prompted a …

Montoya Joins Liberty Naranjo as VP, Producer The Liberty Company Insurance Brokers (Liberty), headquartered in Gainesville, Florida, named Brittany Montoya vice president and producer at Liberty Naranjo, Liberty’s high-growth Northern California office led by Managing Partners Jonathan Naranjo and Michael …

As President Donald Trump attempts to reshape college admissions, he’s promising a new era of fairness, with an emphasis on merit and test scores and a blind eye toward diversity. Yet the Republican president’s critics — and some allies — …

The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless cars become more mainstream. Under …

Less than one percent of customers who filed detailed complaints about checking or savings account closures with the U.S. Consumer Financial Protection Bureau over the last 13 years accused banks of acting for political or religious reasons, even as the …

Honeycomb Insurance, a digital MGA specializing in property and casualty coverage for landlords and condominium associations, announced that it has begun writing policies in Minnesota, with plans to expand into four additional states over the upcoming months. Honeycomb said it …

Louisiana regulators approved Entergy Corp.’s plan to build three natural gas plants to power Meta Platform Inc.’s biggest data center. Meta’s latest and largest data center is a 4 million–square–foot complex in rural Louisiana intended to support the company’s most …

Texas officials are warning health care providers to stop sending abortion pills into the state or risk fines and prosecution, as Attorney General Ken Paxton seeks to halt the flow of medicine that’s circumventing local restrictions. Prosecutors wrote to three …

A New York appeals court struck down a $464 million fraud fine against President Donald Trump and his company, handing him a victory over the state’s attorney general. In a decision issued Thursday, the Manhattan appellate court still found that …

Green Shield Risk Solutions, a managing general agent, has announced the launch of its flagship homeowners program, Guardian Elite Home. The program was created exclusively for wildfire-prone regions of Colorado and California. Designed for affluent clients, Guardian Elite Home provides …

Minnesota on Tuesday joined a wave of states suing TikTok, alleging the social media giant preys on young people with addictive algorithms that trap them into becoming compulsive consumers of its short videos. “This isn’t about free speech. I’m sure …