El Niño Odds Rise as Storm and Crop Threats Intensify Globally
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Description: The odds are rising that a weather-roiling El Niño will emerge in the next few months and strengthen through the year, threatening global crop supplies, altering storm patterns and pushing temperatures toward record highs. There is an 82% chance El …
Full content: The odds are rising that a weather-roiling El Niño will emerge in the next few months and strengthen through the year, threatening global crop supplies, altering storm patterns and pushing temperatures toward record highs. There is an 82% chance El …
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Category: National News
Date: Thu, 14 May 2026 18:35:43 +0000
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Newsom’s California Budget Bolstered by Extra Cash from AI Boom
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Description: California Gov. Gavin Newsom unveiled a revised budget that shows no deficit for this year and next, as the state draws another boost from the technology and artificial-intelligence boom. The budget proposal released Thursday shows revenues that are $16.5 billion …
Full content: California Gov. Gavin Newsom unveiled a revised budget that shows no deficit for this year and next, as the state draws another boost from the technology and artificial-intelligence boom. The budget proposal released Thursday shows revenues that are $16.5 billion …
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Category: West News
Date: Thu, 14 May 2026 18:00:30 +0000
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Billionaire Boehly’s Allies Donated Heavily to Kansas Insurance Regulator
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Description: Todd Boehly and dozens of his associates contributed more than $300,000 to the Kansas insurance commissioner’s gubernatorial campaign, weeks before her office helped one of the billionaire’s companies win a delay of new capital rules. A slew of Boehly’s companies, …
Full content: Todd Boehly and dozens of his associates contributed more than $300,000 to the Kansas insurance commissioner’s gubernatorial campaign, weeks before her office helped one of the billionaire’s companies win a delay of new capital rules. A slew of Boehly’s companies, …
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Category: Midwest News
Date: Thu, 14 May 2026 16:55:08 +0000
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People Moves: Premier Group Insurance Announces Leadership Transition
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Description: As Premier Group Insurance (PGI) surpasses the $1 billion written premium milestone, the organization is making a clear and deliberate statement about its future. Alongside this achievement, Denver, Colorado-based PGI is unveiling a two-year leadership transition plan designed to position …
Full content: As Premier Group Insurance (PGI) surpasses the $1 billion written premium milestone, the organization is making a clear and deliberate statement about its future. Alongside this achievement, Denver, Colorado-based PGI is unveiling a two-year leadership transition plan designed to position …
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Category: West News
Date: Thu, 14 May 2026 16:51:45 +0000
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Howden Acquires Indiana-Based Cybeta
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Description: Howden announced it has acquired the intellectual property assets of Cybeta, a leading cyber data and analytics provider. The acquisition enables Howden to provide clients with faster, more precise insight into cyber risk, supporting better underwriting, placement, and claims outcomes. …
Full content: Howden announced it has acquired the intellectual property assets of Cybeta, a leading cyber data and analytics provider. The acquisition enables Howden to provide clients with faster, more precise insight into cyber risk, supporting better underwriting, placement, and claims outcomes. …
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Category: Midwest News
Date: Thu, 14 May 2026 16:11:04 +0000
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Ohio Man Sued for Alleged Model Train Scam
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Description: Ohio Attorney General Dave Yost is suing a Brecksville man accused of taking consumers’ money for collectible model trains that he never delivered. The lawsuit, filed in Cuyahoga County Common Pleas Court, alleges that Chase D. Wheeler operated Chase’s Train …
Full content: Ohio Attorney General Dave Yost is suing a Brecksville man accused of taking consumers’ money for collectible model trains that he never delivered. The lawsuit, filed in Cuyahoga County Common Pleas Court, alleges that Chase D. Wheeler operated Chase’s Train …
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Category: Midwest News
Date: Thu, 14 May 2026 16:05:46 +0000
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People Moves: Alliant Insurance Services Adds John Montague to Midwest Benefits Team
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Description: John Montague joined Alliant Insurance Services as vice president within its employee benefits group. Based in Minneapolis, Minnesota, Montague has more than 30 years of industry experience spanning the provider, payer, and patient landscapes with a focus on the delivery …
Full content: John Montague joined Alliant Insurance Services as vice president within its employee benefits group. Based in Minneapolis, Minnesota, Montague has more than 30 years of industry experience spanning the provider, payer, and patient landscapes with a focus on the delivery …
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Category: Midwest News
Date: Thu, 14 May 2026 15:59:45 +0000
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Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling
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Description: It’s becoming clearer by the day that Brightline, the struggling Florida private railroad, is shaping up to rank among the biggest municipal-bond restructurings ever, alongside the likes of Puerto Rico and Detroit. But that’s where any clarity around the future …
Full content: It’s becoming clearer by the day that Brightline, the struggling Florida private railroad, is shaping up to rank among the biggest municipal-bond restructurings ever, alongside the likes of Puerto Rico and Detroit. But that’s where any clarity around the future …
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Category: Southeast News
Date: Thu, 14 May 2026 15:26:59 +0000
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NCCI: Workers’ Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
Author: Andrea Wells
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Description: U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance (NCCI). NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), …
Full content: U.S. workers’ compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance (NCCI). NCCI reported that while the calendar year 2025 combined ratio for workers’ compensation is 91 (compared with 86 the prior year), …
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Category: National News
Date: Thu, 14 May 2026 14:59:15 +0000
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Shepherd Insurance Expands Florida Footprint With Arnold Agency Acquisition
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Description: Indiana-headquartered Shepherd Insurance, ranked as one of the largest groups of independent agencies, has acquired Arnold Insurance in southwest Florida, the company announced. The partnership will keep the Arnold team in place while giving access to Shepherd’s broader carrier relationships …
Full content: Indiana-headquartered Shepherd Insurance, ranked as one of the largest groups of independent agencies, has acquired Arnold Insurance in southwest Florida, the company announced. The partnership will keep the Arnold team in place while giving access to Shepherd’s broader carrier relationships …
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Category: Southeast News
Date: Thu, 14 May 2026 14:49:55 +0000
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Brookfield Merges Insurance Unit as Flatt’s Overhaul Takes Hold
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Description: Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with plans to transform itself into an investment-led insurer. The merger of the parent company and the insurance business will improve Brookfield Corp.’s …
Full content: Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with plans to transform itself into an investment-led insurer. The merger of the parent company and the insurance business will improve Brookfield Corp.’s …
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Category: International & Reinsurance News
Date: Thu, 14 May 2026 14:03:31 +0000
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Alex Murdaugh’s Murder Conviction Tossed on Clerk Interference
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Description: Richard Alexander Murdaugh, the disbarred South Carolina attorney found guilty in 2023 of murdering his wife and son, won his bid Wednesday to overturn his conviction and get a new trial over comments the county clerk made to jurors. The …
Full content: Richard Alexander Murdaugh, the disbarred South Carolina attorney found guilty in 2023 of murdering his wife and son, won his bid Wednesday to overturn his conviction and get a new trial over comments the county clerk made to jurors. The …
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Category: Southeast News
Date: Thu, 14 May 2026 13:42:53 +0000
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AM Best Downgrades Credit Ratings of Arrow Mutual of Massachusetts
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Description: AM Best has downgraded the credit ratings of Massachusetts-based workers’ compensation carrier Arrow Mutual Liability Insurance Co. The ratings firm downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) …
Full content: AM Best has downgraded the credit ratings of Massachusetts-based workers’ compensation carrier Arrow Mutual Liability Insurance Co. The ratings firm downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) …
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Category: East News
Date: Thu, 14 May 2026 13:37:32 +0000
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Denver Airport Security Missed Trespasser Killed By Plane on Runway
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Description: Workers at Denver airport missed a security breach by a man who scaled a perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said …
Full content: Workers at Denver airport missed a security breach by a man who scaled a perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said …
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Category: West News
Date: Thu, 14 May 2026 13:31:57 +0000
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South Florida Wildfires Have Burned Thousands of Acres
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Description: A pair of South Florida wildfires that torched thousands of acres in the Everglades over the weekend spread Monday as fire crews worked to contain them. The Florida Forest Service posted on Facebook that the growing fires were producing smoky …
Full content: A pair of South Florida wildfires that torched thousands of acres in the Everglades over the weekend spread Monday as fire crews worked to contain them. The Florida Forest Service posted on Facebook that the growing fires were producing smoky …
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Category: Southeast News
Date: Thu, 14 May 2026 13:18:09 +0000
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California Attorney General Looking into FIFA World Cup Ticketing Practices
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Description: California Attorney General Rob Bonta is looking into what he says are reports of misleading ticketing practices for the 2026 FIFA World Cup that are potential violations of California law. Bonta sent a letter to FIFA raising concerns about ticketing …
Full content: California Attorney General Rob Bonta is looking into what he says are reports of misleading ticketing practices for the 2026 FIFA World Cup that are potential violations of California law. Bonta sent a letter to FIFA raising concerns about ticketing …
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Category: West News
Date: Thu, 14 May 2026 13:14:07 +0000
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Markets/Coverages: AXA XL Starts Prevention-Focused Business Unit; Markel Adds New Media, Entertainment Offerings
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Description: AXA XL announced the creation of a new Business Unit dedicated to prevention. The new unit, led by Global Chief Underwriting Officer Libby Benet, will accelerate the development and reach of AXA XL’s risk consulting capabilities and prevention services. The …
Full content: AXA XL announced the creation of a new Business Unit dedicated to prevention. The new unit, led by Global Chief Underwriting Officer Libby Benet, will accelerate the development and reach of AXA XL’s risk consulting capabilities and prevention services. The …
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Category: National News
Date: Thu, 14 May 2026 13:08:53 +0000
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New York Hopes Captives Can Lower Affordable Housing Insurance Costs
Author: Andrew G. Simpson
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Description: New York State is providing financial assistance to a captive insurer and taking other steps to advance this form of self-insurance as part of an effort to lower insurance costs for operators of affordable housing. The state has made a …
Full content: New York State is providing financial assistance to a captive insurer and taking other steps to advance this form of self-insurance as part of an effort to lower insurance costs for operators of affordable housing. The state has made a …
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Category: East News
Date: Thu, 14 May 2026 12:52:05 +0000
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Tesla Premiums Soared in 2025 With Loss Ratios Worse Than Industry
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Description: While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla’s insurance operations skyrocketed 40.7%, according to a new analysis. S&P Global Market …
Full content: While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla’s insurance operations skyrocketed 40.7%, according to a new analysis. S&P Global Market …
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Category: National News
Date: Thu, 14 May 2026 12:49:56 +0000
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People Moves: Ariel Re Taps Gallagher Re’s Sammons as Active U/W of Syndicate 2006; McLarens Appoints 2 Senior Leaders in Middle East
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Description: This edition of International People Moves details appointments at Ariel Re and McLarens. A summary of these new hires follows here. Ariel Re Taps Gallagher Re’s Sammons as Active Underwriter of Syndicate 2006 Ariel Re, the Bermuda-based reinsurer, announced the …
Full content: This edition of International People Moves details appointments at Ariel Re and McLarens. A summary of these new hires follows here. Ariel Re Taps Gallagher Re’s Sammons as Active Underwriter of Syndicate 2006 Ariel Re, the Bermuda-based reinsurer, announced the …
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Category: International & Reinsurance News
Date: Thu, 14 May 2026 12:40:45 +0000
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IMA Financial Group Completes Equity Recapitalization
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Description: Insurance brokerage IMA Financial Group, Inc. announced the completion of an equity recapitalization transaction. Oak Hill Capital and New Mountain Capital are each taking minority positions, with additional participation from HarbourVest Partners and a select group of prominent institutional co-investors. …
Full content: Insurance brokerage IMA Financial Group, Inc. announced the completion of an equity recapitalization transaction. Oak Hill Capital and New Mountain Capital are each taking minority positions, with additional participation from HarbourVest Partners and a select group of prominent institutional co-investors. …
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Category: National News
Date: Thu, 14 May 2026 12:31:15 +0000
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Judge Says Cannot ‘Rubber Stamp’ $1.5 Million Musk-SEC Deal
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Description: A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing …
Full content: A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing …
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Category: National News
Date: Thu, 14 May 2026 11:40:31 +0000
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US Efforts to End Iran War Stumble as Ship Seized Near UAE
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Description: US efforts to end the war with Iran were dealt a setback after a commercial vessel was apparently seized by unauthorized personnel near the United Arab Emirates, increasing uncertainty over control of the critical Strait of Hormuz. The ship, whose …
Full content: US efforts to end the war with Iran were dealt a setback after a commercial vessel was apparently seized by unauthorized personnel near the United Arab Emirates, increasing uncertainty over control of the critical Strait of Hormuz. The ship, whose …
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Category: International & Reinsurance News
Date: Thu, 14 May 2026 11:00:06 +0000
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Viewpoint: Why Speedy Payouts Matter in EU Plan to Close Insurance Protection Gap
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Description: Executive summary: With plans for an EU natural disaster insurance fund in the works, EIP’s founder and CEO Ross Sinclair explores the need to improve the speed of the payout process as an essential part of building climate resilience. As …
Full content: Executive summary: With plans for an EU natural disaster insurance fund in the works, EIP’s founder and CEO Ross Sinclair explores the need to improve the speed of the payout process as an essential part of building climate resilience. As …
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Category: International & Reinsurance News
Date: Thu, 14 May 2026 09:18:22 +0000
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From AirTags to AI Nudification: The Growing Toolkit of Technology-Facilitated Abuse
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Description: It’s hard to overstate the impact that artificial intelligence has had since the release of generative AI platforms such as ChatGPT just three years ago. While they have led to countless advances in how we live and work, they have …
Full content: It’s hard to overstate the impact that artificial intelligence has had since the release of generative AI platforms such as ChatGPT just three years ago. While they have led to countless advances in how we live and work, they have …
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Category: International & Reinsurance News
Date: Thu, 14 May 2026 09:05:22 +0000
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Dallas Exurb Hits Pause on Data Centers in Rare Texas Rebuke
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Description: A small Texas county outside Dallas approved a one-year moratorium on new data center and energy storage developments, pushing back against the growing number of large-scale projects fueling the artificial-intelligence boom across the state. Hill County had been approached by …
Full content: A small Texas county outside Dallas approved a one-year moratorium on new data center and energy storage developments, pushing back against the growing number of large-scale projects fueling the artificial-intelligence boom across the state. Hill County had been approached by …
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Category: Texas / South Central News
Date: Thu, 14 May 2026 08:00:55 +0000
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Louisiana Officials Agree to $4.8M Settlement in Death of Black Motorist
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Description: Louisiana officials have agreed to a tentative $4.8 million settlement with the family of Ronald Greene, a Black motorist who died during a violent 2019 roadside arrest carried out by five white officers, two people with knowledge of the agreement …
Full content: Louisiana officials have agreed to a tentative $4.8 million settlement with the family of Ronald Greene, a Black motorist who died during a violent 2019 roadside arrest carried out by five white officers, two people with knowledge of the agreement …
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Category: Texas / South Central News
Date: Thu, 14 May 2026 06:04:20 +0000
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Odey Settles Sexual Assault Cases Ahead of London Trial
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Description: Hedge fund boss Crispin Odey has settled a handful of personal injury claims brought by women claiming sexual assault. Odey bought an end to the claims ahead of a London trial due to start next month, according to a lawyer …
Full content: Hedge fund boss Crispin Odey has settled a handful of personal injury claims brought by women claiming sexual assault. Odey bought an end to the claims ahead of a London trial due to start next month, according to a lawyer …
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Category: International & Reinsurance News
Date: Thu, 14 May 2026 05:10:46 +0000
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The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
Author: Susanne Sclafane
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Description: You’d have to roll back the calendar a few decades to find a time when competitive moves by the nation’s biggest auto and home insurer were described with the phrase, “The big dog is off the porch.” Still, against the …
Full content: You’d have to roll back the calendar a few decades to find a time when competitive moves by the nation’s biggest auto and home insurer were described with the phrase, “The big dog is off the porch.” Still, against the …
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Category: National News
Date: Thu, 14 May 2026 05:05:07 +0000
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LP Acquires Benefits Consulting Practice of Van Noy Consulting Group in Nevada
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Description: LP Insurance Services acquired the employee benefits consulting practice of Van Noy Consulting Group in Nevada. The deal includes the addition of Terry Van Noy as an employee benefits consultant. Van Noy has more than five decades of leadership and …
Full content: LP Insurance Services acquired the employee benefits consulting practice of Van Noy Consulting Group in Nevada. The deal includes the addition of Terry Van Noy as an employee benefits consultant. Van Noy has more than five decades of leadership and …
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Category: West News
Date: Thu, 14 May 2026 05:00:40 +0000
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