The Missouri Department of Commerce and Insurance (DCI) announced the release of workers’ compensation rates for employers for 2027. The National Council on Compensation Insurance (NCCI) has proposed rate-neutral loss costs at 0%, keeping average rates steady for Missouri businesses. …

Root Inc. reported third quarter 2026 net income of $14.4 million, reversing a loss of $5.4 million over the same period a year ago. For Q3 the combined ratio came in at 97.2 compared with 102.1 a year ago during …

Confie has acquired the insurance operations of TDECU (Texas Dow Employees Credit Union), one of the largest credit unions in Texas. As part of the transaction, Confie has entered into a long-term service agreement with TDECU to continue providing insurance …

As the next step in a long-term leadership succession plan developed with its Board of Directors, Jeff Couchman will succeed Rick Long as president of the Western National Insurance Group’s pooled companies on January 1, 2027. Long, who has served …

Data center developers seeking to build dozens of sprawling artificial intelligence campuses across Texas were already dealing with a suspension of approvals under Republican Texas Governor Greg Abbott. Under Gina Hinojosa, elected on Tuesday as the first Democratic governor of …

Residents near a Greenville, Mississippi chemical plant were asked to stay indoors after part of the plant exploded, likely from a herbicide chemical that was produced at the facility. The Associated Press and local news outlets reported that the plant …

Attorneys general for 17 states have urged New York State’s highest court to reject an appeal by Donald Trump of a civil case in which he and several co-defendants were found liable for inflating the values of his Mar-a-Lago property …

A helicopter chartered to film boats in the waters near Miami crashed Wednesday, Nov. 4, killing the pilot and injuring two others. The Miami-Sheriff’s Office said the helicopter made a mayday distress call about 11:30 a.m., shortly after it took …

Allianz Commercial announced plans to launch a new direct underwriting syndicate at Lloyd’s — Allianz Commercial Syndicate 1893 — which is expected to begin trading from Jan. 1, 2027. The new syndicate will give Allianz Commercial greater access to specialty, …

The union representing about 250 security workers at the U.S.’s biggest seaports agreed to extend a contract negotiation deadline until midnight Friday, their employers said. With the extension comes a renewed strike threat that could impact operations at several terminals …

French riot police fired tear gas and charged a group of protesters in the French city of Lyon on Thursday as demonstrations took place across the country in a renewed challenge to President Emmanuel Macron after weeks of unrest. Some …

SAN Group Names von Jess Chief Operating Officer SAN Group, headquartered in Hampton, New Hampshire, appointed Tom von Jess as chief operating officer. With more than 20 years of experience in insurance, benefits, partnerships, and multistate distribution, von Jess will …

Commercial property insurer FM announced a $5 million gift from the FM Foundation to United Way of Rhode Island,. The gift is the largest single corporate donation in the nonprofit organization’s history. The donation comes as the state’s United Way …

Insurance startup Kalepa on Oct. 5 said it raised $75 million at a $470 million valuation, as investors bet that AI solutions can speed up the slow, data-heavy work of pricing risk and writing policies. Growth equity firm Updata Partners …

Pennsylvania health officials on Wednesday reported the state’s sixth measles-associated death this year as the outbreak continued to spread. The state has emerged as the epicenter of the outbreak, accounting for a substantial share of infections reported nationwide. The state …

Aon plc, the re/insurance broker, announced the successful renewal of the Aon Client Treaty (ACT) facility. From Jan. 1, 2027, the facility will enable 35% co-insurance on eligible business placed through Aon’s Global Broking Centre and on facultative reinsurance placed …

From hacked supermarket fridges and a record cryptocurrency theft at Binance to an emergency over flaws in widely used web software, companies worldwide are facing a wave of cyber threats executives say AI is accelerating and making more sophisticated. The …

European airlines suffered a second wave of bomb threats on Thursday that indiscriminately targeted companies from low-cost operator Wizz Air Holdings Plc to Finnish flag carrier Finnair Oyj, throwing air travel into disarray across a region already grappling with a …

Storms, high winds, fire hazards and equipment failure are many of the typical risks involved with the solar power industry. For the Dagda solar farm in rural Latvia, there’s now another one: drones. The owner of the farm, Sunly, has …

In one form or another during periods of some kind of marketplace softening, public insurance companies will insist underwriting discipline is being maintained. The insurer, they will say, won’t chase rate. For AIG, that means stepping back from guidance it …