Markets/Coverages: Mosaic Raises Cyber Capacity to US$25M in Canadian Market
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Description: Mosaic Insurance will increase its cyber-risk capacity to US$25 million/C$40 million per risk in Canada, effective January 1, 2026, allowing the specialty insurer to meet rising demand across all provinces and territories. The increase more than doubles Mosaic’s previous limit …
Full content: Mosaic Insurance will increase its cyber-risk capacity to US$25 million/C$40 million per risk in Canada, effective January 1, 2026, allowing the specialty insurer to meet rising demand across all provinces and territories. The increase more than doubles Mosaic’s previous limit …
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Category: International & Reinsurance News
Date: Tue, 23 Dec 2025 17:35:04 +0000
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Hawaii Building Fires Are on the Rise and Safety Inspections Aren’t Keeping Up
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Description: Regular inspections of hotels and other accommodations required by the state of Hawaii are being inconsistently carried out by most county fire departments. Three people died in two structure fires in Hilo on Hawaii island in October and November in …
Full content: Regular inspections of hotels and other accommodations required by the state of Hawaii are being inconsistently carried out by most county fire departments. Three people died in two structure fires in Hilo on Hawaii island in October and November in …
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Category: West News
Date: Tue, 23 Dec 2025 17:18:21 +0000
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Breaking: Senators Launch Probe Into Demotech’s Ratings in Florida
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Description: Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. In a letter sent …
Full content: Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. In a letter sent …
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Category: Southeast News
Date: Tue, 23 Dec 2025 17:13:18 +0000
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AM Best Places Jet Insurance Ratings Under Review Following Acquisition
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Description: AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Jet Insurance Company, following the close of the acquisition of Jet by Amherst Specialty …
Full content: AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Jet Insurance Company, following the close of the acquisition of Jet by Amherst Specialty …
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Category: Texas / South Central News
Date: Tue, 23 Dec 2025 17:05:51 +0000
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50% Rule: TN Supreme Court Finds Driver Due Knee Replacement Despite Arthritis
Author: William Rabb
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Description: It’s an age-old question that continues to come up for workers’ compensation insurers around the country: When is an injury an aggravation of an existing condition, and when is it compensable, perhaps requiring expensive surgery and more? The Tennessee Supreme …
Full content: It’s an age-old question that continues to come up for workers’ compensation insurers around the country: When is an injury an aggravation of an existing condition, and when is it compensable, perhaps requiring expensive surgery and more? The Tennessee Supreme …
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Category: Southeast News
Date: Tue, 23 Dec 2025 16:53:48 +0000
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Alabama, NC Set Hearings on Proposed Capital Requirements, Dwelling Rate Increase
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Description: Regulators in two Southeastern states will hold hearings early next year, one on a proposed steep dwelling insurance rate increase in North Carolina, and another on new capital requirements for insurers in Alabama. The Alabama Department of Insurance scheduled a …
Full content: Regulators in two Southeastern states will hold hearings early next year, one on a proposed steep dwelling insurance rate increase in North Carolina, and another on new capital requirements for insurers in Alabama. The Alabama Department of Insurance scheduled a …
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Category: Southeast News
Date: Tue, 23 Dec 2025 15:43:33 +0000
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People Moves: CRC Adds Duff, Gallien, Jr. to Specialty Team
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Description: CRC Group, an independent wholesale specialty insurance distributor, announced additions to its expanding CRC Specialty division. Matthew Duff has joined in Little Rock as an underwriting team leader, bringing over a decade of experience in homeowners, personal lines, and excess …
Full content: CRC Group, an independent wholesale specialty insurance distributor, announced additions to its expanding CRC Specialty division. Matthew Duff has joined in Little Rock as an underwriting team leader, bringing over a decade of experience in homeowners, personal lines, and excess …
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Category: Texas / South Central News
Date: Tue, 23 Dec 2025 15:35:21 +0000
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Michigan Regulators Approve State’s First Hyperscale Data Center
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Description: Despite criticism that they were acting too fast, state utility regulators last week approved DTE Energy’s proposal to supply power for Michigan’s first hyperscale data center — while tacking on a host of conditions that aim to protect ratepayers from …
Full content: Despite criticism that they were acting too fast, state utility regulators last week approved DTE Energy’s proposal to supply power for Michigan’s first hyperscale data center — while tacking on a host of conditions that aim to protect ratepayers from …
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Category: Midwest News
Date: Tue, 23 Dec 2025 15:28:32 +0000
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China’s Kuaishou Shares Fall to Near Five-Week Low After Livestreaming Cyberattack
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Description: Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after the Chinese short video platform was hit by a cyberattack on Monday night. The stock is set for its biggest …
Full content: Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after the Chinese short video platform was hit by a cyberattack on Monday night. The stock is set for its biggest …
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Category: International & Reinsurance News
Date: Tue, 23 Dec 2025 13:35:01 +0000
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J&J Vows Appeal After Jury Hits it With $1.5B Talc Cancer Award
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Description: A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a form of cancer. Jurors in …
Full content: A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a form of cancer. Jurors in …
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Category: National News
Date: Tue, 23 Dec 2025 12:03:52 +0000
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South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach
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Description: South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed last week …
Full content: South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed last week …
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Category: International & Reinsurance News
Date: Tue, 23 Dec 2025 11:51:06 +0000
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Britain’s Top CEOs Predict the Biggest Challenges of 2026
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Description: The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors including finance, housing, gambling …
Full content: The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors including finance, housing, gambling …
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Category: International & Reinsurance News
Date: Tue, 23 Dec 2025 11:29:41 +0000
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Cyberattack Hits French Postal Service, Delaying Mail Deliveries
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Description: A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident” had disrupted its information …
Full content: A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident” had disrupted its information …
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Category: International & Reinsurance News
Date: Tue, 23 Dec 2025 10:55:50 +0000
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Instacart to Pay $60 Million in FTC Consumer Protection Case
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Description: Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
Full content: Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
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Category: National News
Date: Tue, 23 Dec 2025 06:57:31 +0000
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Check it Twice: Holiday Cargo Theft Events Up 82% Since 2020
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Description: Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations …
Full content: Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations …
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Category: National News
Date: Tue, 23 Dec 2025 06:32:14 +0000
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Markets/Coverages: Risksmith Launches New DIC Earthquake Program
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Description: Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program offers flexibility, deep technical expertise and underwriting …
Full content: Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program offers flexibility, deep technical expertise and underwriting …
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Category: National News
Date: Tue, 23 Dec 2025 06:29:08 +0000
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Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
Author: Chad Hemenway
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Description: A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court records out …
Full content: A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court records out …
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Category: Midwest News
Date: Tue, 23 Dec 2025 06:10:11 +0000
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People Moves: CRC Adds New Brokers in Nashville, Birmingham
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Description: CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market clients, the company said in …
Full content: CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market clients, the company said in …
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Category: Southeast News
Date: Tue, 23 Dec 2025 06:01:11 +0000
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California Hit With Powerful Storms Just as Holiday Travel Ramps Up
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Description: California is being inundated with multiple winter storms that will drench the state with rain and deliver dangerous winds, threatening travelers during the Christmas holiday. As much as six inches (15 centimeters) of rain will dump on Southern California over …
Full content: California is being inundated with multiple winter storms that will drench the state with rain and deliver dangerous winds, threatening travelers during the Christmas holiday. As much as six inches (15 centimeters) of rain will dump on Southern California over …
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Category: West News
Date: Tue, 23 Dec 2025 06:00:39 +0000
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People Moves: XPT Specialty Hires Corrado; NFP Appoints Favale; Jencap Adds Edge
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Description: XPT Specialty Hires Corrado as Personal Lines Insurance Broker XPT Specialty, headquartered in New Haven, Connecticut, hired Joseph Corrado as a personal lines insurance broker. Corrado has experience in portfolio oversight, agency partnerships and the Northeastern U.S. insurance landscape. Corrado …
Full content: XPT Specialty Hires Corrado as Personal Lines Insurance Broker XPT Specialty, headquartered in New Haven, Connecticut, hired Joseph Corrado as a personal lines insurance broker. Corrado has experience in portfolio oversight, agency partnerships and the Northeastern U.S. insurance landscape. Corrado …
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Category: East News
Date: Tue, 23 Dec 2025 06:00:39 +0000
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Twice Injured Firefighter Loses Second Workers’ Compensation Claim
Author: Andrew G. Simpson
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Description: A Delaware firefighter who twice suffered a workplace injury has been denied workers’ compensation benefits for his second claim because of the way he settled his first claim. He was denied compensation for the second injury because it was judged …
Full content: A Delaware firefighter who twice suffered a workplace injury has been denied workers’ compensation benefits for his second claim because of the way he settled his first claim. He was denied compensation for the second injury because it was judged …
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Category: East News
Date: Tue, 23 Dec 2025 06:00:36 +0000
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Alliant Named Broker for New York MTA’s $2 Billion Subway Project
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Description: Alliant Insurance Services reported that it was chosen by New York’s Metropolitan Transportation Authority (MTA) as the insurance broker for Phase 2 of the Second Avenue Subway project, a $2 billion project that was begun in 2025 and is expected …
Full content: Alliant Insurance Services reported that it was chosen by New York’s Metropolitan Transportation Authority (MTA) as the insurance broker for Phase 2 of the Second Avenue Subway project, a $2 billion project that was begun in 2025 and is expected …
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Category: East News
Date: Tue, 23 Dec 2025 06:00:23 +0000
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Los Angeles Angels Settle Lawsuit With Family of Late Pitcher
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Description: The Los Angeles Angels reached a confidential settlement Friday with the family of late pitcher Tyler Skaggs after a lengthy trial that detailed drug use by players. The two-month trial centered on whether the Angels bore responsibility for Skaggs’ 2019 …
Full content: The Los Angeles Angels reached a confidential settlement Friday with the family of late pitcher Tyler Skaggs after a lengthy trial that detailed drug use by players. The two-month trial centered on whether the Angels bore responsibility for Skaggs’ 2019 …
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Category: West News
Date: Tue, 23 Dec 2025 06:00:15 +0000
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Louisiana Man Sentenced for Multi-State Vehicle Theft Scheme
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Description: A Louisiana man was sentenced this month to 115 months in federal prison for his involvement in an alleged multi-state vehicle theft. U.S. District Judge Brian A. Jackson sentenced Christopher Don Byerley, age 45, of Broussard, Louisiana following his convictions …
Full content: A Louisiana man was sentenced this month to 115 months in federal prison for his involvement in an alleged multi-state vehicle theft. U.S. District Judge Brian A. Jackson sentenced Christopher Don Byerley, age 45, of Broussard, Louisiana following his convictions …
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Category: Texas / South Central News
Date: Mon, 22 Dec 2025 17:39:57 +0000
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Texas Lawmakers Fight Against Federal Interference in State AI Regulations
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Description: An executive order by President Donald Trump may bring Texas into conflict with the federal government over a new state law regulating the use of artificial intelligence. Trump signed an executive order last week that threatens to cut off federal …
Full content: An executive order by President Donald Trump may bring Texas into conflict with the federal government over a new state law regulating the use of artificial intelligence. Trump signed an executive order last week that threatens to cut off federal …
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Category: Texas / South Central News
Date: Mon, 22 Dec 2025 16:45:36 +0000
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Stonetrust Workers’ Comp Expands Into North Carolina
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Description: Stonetrust Commercial Insurance, a workers’ compensation carrier based in Louisiana, has expanded into North Carolina, bringing to 13 the number of states in the Southeast and Midwest the company writes in. Stonetrust said in a statement that it is now …
Full content: Stonetrust Commercial Insurance, a workers’ compensation carrier based in Louisiana, has expanded into North Carolina, bringing to 13 the number of states in the Southeast and Midwest the company writes in. Stonetrust said in a statement that it is now …
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Category: Southeast News
Date: Mon, 22 Dec 2025 16:17:22 +0000
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CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases
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Description: The 79-year-old former CEO of a health care software firm was sentenced to 15 years in prison after he was convicted of more than $1 billion in fraud tied to falsely billing Medicare for durable medical equipment and other items. …
Full content: The 79-year-old former CEO of a health care software firm was sentenced to 15 years in prison after he was convicted of more than $1 billion in fraud tied to falsely billing Medicare for durable medical equipment and other items. …
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Category: Southeast News
Date: Mon, 22 Dec 2025 15:55:37 +0000
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People Moves: Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty; BMS Taps Emkes From Lockton as Director of Commercial D&O
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Description: This edition of International People Moves details appointments at Chubb Overseas General Insurance and BMS Group. A summary of these new hires follows here. Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty Chubb announced that John DePeters has …
Full content: This edition of International People Moves details appointments at Chubb Overseas General Insurance and BMS Group. A summary of these new hires follows here. Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty Chubb announced that John DePeters has …
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Category: International & Reinsurance News
Date: Mon, 22 Dec 2025 15:50:25 +0000
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Uber Safety Chief to Depart in Latest Executive Shakeup
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Description: The Uber Technologies Inc. veteran overseeing its safety operations is set to depart, setting off a second round of executive changes this year at a time when the rideshare giant is being scrutinized in court over the measures it takes …
Full content: The Uber Technologies Inc. veteran overseeing its safety operations is set to depart, setting off a second round of executive changes this year at a time when the rideshare giant is being scrutinized in court over the measures it takes …
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Category: National News
Date: Mon, 22 Dec 2025 15:05:52 +0000
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AI, Cyber Insurance and Climate Change Are Key Insurance Themes for 2026: GlobalData
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Description: Artificial intelligence (AI), cyber insurance, and climate change/natural catastrophes are the three themes that will have the biggest impact on the insurance market in 2026, according to an annual prediction from GlobalData, the London-based data and analytics company. “Insurers that …
Full content: Artificial intelligence (AI), cyber insurance, and climate change/natural catastrophes are the three themes that will have the biggest impact on the insurance market in 2026, according to an annual prediction from GlobalData, the London-based data and analytics company. “Insurers that …
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Category: International & Reinsurance News
Date: Mon, 22 Dec 2025 15:04:48 +0000
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