Insurance agency mergers & acquisitions in the third quarter of 2026 were down 27% compared with the same period last year. In its latest report, investment banking and financial consulting firm OPTIS Partners said M&A activity in the U.S. and …

A rush to update websites and protect against vulnerabilities in a widely used programming language continued into its second day, with researchers warning that hackers have attempted to exploit the weaknesses. Disruption caused by the security issues began Wednesday after …

ATRI Insurance Services LLC hired Kylor Bellistri as assistant vice president, financial institutions. Bellistri brings nearly a decade of insurance industry experience to ATRI. Prior to joining the company, he spent nearly 10 years with Chubb, most recently serving as …

Delaware workers’ compensation insurance rates will decrease for the tenth year in a row, effective December 1, 2026. The voluntary market average loss costs will decrease by 3.99%, while the residual market will see an average rate reduction of 4.11%. …

The prospect of the world’s strongest ever El Niño cycle has a growing number of money managers racing to prepare their portfolios for the disruption they say is coming. The climate phenomenon associated with warming across the equatorial Pacific Ocean …

Bulgarian shipbroker Yordan Petrov no longer sends his vessels into the Black Sea, calling the brave few who still do “kamikazes.” Seven commercial ships have been attacked by drones off the coast of Bulgaria and Romania since the start of …

Insurance and Financial Implications of France‘s Supermarket Refrigeration Cyberattack Keeping things cool is generally a good idea in the supermarket business. When a cyberattack reportedly interferes with refrigeration systems, the consequences can extend well beyond a few melted ice creams. …

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 …