State Farm to Increase Claims Workforce by 3,000
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Description: State Farm said it plans to increase the size of its claims workforce throughout 2027 by about 10%, or about 3,000 employees. In a Sept. 25 announcement, the mutual insurer said it is investing in training, developing, and recruiting to …
Full content: State Farm said it plans to increase the size of its claims workforce throughout 2027 by about 10%, or about 3,000 employees. In a Sept. 25 announcement, the mutual insurer said it is investing in training, developing, and recruiting to …
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Category: National News
Date: Fri, 25 Sep 2026 15:28:43 +0000
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South Florida Hoping to Dry Out After Heavy Rains Swamp Cars, Overflow Sewers
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Description: Torrential rainfall in south Florida was enough to swamp cars and overflow sewage drains, but damage may have been limited by local governments’ renewed efforts to clear debris and improve drainage. The Miami Herald and other news outlets reported that …
Full content: Torrential rainfall in south Florida was enough to swamp cars and overflow sewage drains, but damage may have been limited by local governments’ renewed efforts to clear debris and improve drainage. The Miami Herald and other news outlets reported that …
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Category: Southeast News
Date: Fri, 25 Sep 2026 14:48:08 +0000
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Northeast and Mid-Atlantic States Take Cover as Nor’easter Hits
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Description: Across the Northeast and Mid-Atlantic, insurance carriers are advising agents not to bind any new business, cities and states have activated their emergency response systems and urged residents to stay indoors, crews for energy providers like National Grid are on …
Full content: Across the Northeast and Mid-Atlantic, insurance carriers are advising agents not to bind any new business, cities and states have activated their emergency response systems and urged residents to stay indoors, crews for energy providers like National Grid are on …
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Category: East News
Date: Fri, 25 Sep 2026 14:43:36 +0000
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AM Best: US Mutual Insurers Doubled Net Income in 2025
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Description: Total net income for U.S. property/casualty mutual insurers doubled compared to 2024 to about $42.6 billion in 2025 as underwriting income surged to about $14.8 billion from a loss of $7.2 billion in 2024. According to a recent A.M. Best …
Full content: Total net income for U.S. property/casualty mutual insurers doubled compared to 2024 to about $42.6 billion in 2025 as underwriting income surged to about $14.8 billion from a loss of $7.2 billion in 2024. According to a recent A.M. Best …
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Category: National News
Date: Fri, 25 Sep 2026 14:27:14 +0000
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Hurricane Nolo Threatens Hawaii With Catastrophic Flooding
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Description: Hurricane Nolo is threatening Hawaii, a state already raked by multiple natural disasters since March that have caused hundreds of millions of dollars in damage. Nolo’s top winds reached 75 miles (120 kilometers) per hour as it churned about 450 …
Full content: Hurricane Nolo is threatening Hawaii, a state already raked by multiple natural disasters since March that have caused hundreds of millions of dollars in damage. Nolo’s top winds reached 75 miles (120 kilometers) per hour as it churned about 450 …
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Category: West News
Date: Fri, 25 Sep 2026 14:04:10 +0000
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First US Trial Against TikTok to Test Claims Platform Fueled Teen Mental Health Crisis
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Description: An Alabama jury will hear the state’s claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach trial in …
Full content: An Alabama jury will hear the state’s claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach trial in …
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Category: National News
Date: Fri, 25 Sep 2026 12:46:15 +0000
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Crypto Exchange Bitget Says Hackers Stole $352 Million
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Description: Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals. “User funds are safe,” Chief Executive Gracy Chen said in a post on X early Friday in Singapore. “The full …
Full content: Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals. “User funds are safe,” Chief Executive Gracy Chen said in a post on X early Friday in Singapore. “The full …
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Category: International & Reinsurance News
Date: Fri, 25 Sep 2026 10:07:26 +0000
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Insurance Australia Group Settles $2B Credit Suisse Lawsuit Over Greensill Collapse
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Description: Insurance Australia Group (IAG) said on Friday it had agreed to settle an A$2.8 billion ($1.96 billion) Credit Suisse lawsuit over losses linked to the collapse of finance firm Greensill Capital. Here are some key details: The insurer did not …
Full content: Insurance Australia Group (IAG) said on Friday it had agreed to settle an A$2.8 billion ($1.96 billion) Credit Suisse lawsuit over losses linked to the collapse of finance firm Greensill Capital. Here are some key details: The insurer did not …
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Category: International & Reinsurance News
Date: Fri, 25 Sep 2026 09:05:01 +0000
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People Moves: Garcia Joins InsurBanc as President and CEO
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Description: InsurBanc, headquartered in Farmington, Connecticut, named Lou Garcia as president and CEO. Garcia brings more than 25 years of leadership experience in investment banking, alternative asset management and financial services to his new role at InsurBanc. He will be responsible …
Full content: InsurBanc, headquartered in Farmington, Connecticut, named Lou Garcia as president and CEO. Garcia brings more than 25 years of leadership experience in investment banking, alternative asset management and financial services to his new role at InsurBanc. He will be responsible …
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Category: East News
Date: Fri, 25 Sep 2026 05:50:43 +0000
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Markets/Coverages: Beazley Expands Cyber Protection for AI; Huntersure Launches Media E&O
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Description: Beazley announced new cyber cover to support businesses manage the risks arising from their own use of AI. Beazley’s latest endorsements respond to risks that can emerge when businesses deploy AI within their own operations. An industry-first AI Voluntary Shutdown …
Full content: Beazley announced new cyber cover to support businesses manage the risks arising from their own use of AI. Beazley’s latest endorsements respond to risks that can emerge when businesses deploy AI within their own operations. An industry-first AI Voluntary Shutdown …
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Category: National News
Date: Fri, 25 Sep 2026 05:50:31 +0000
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Here Are Some AI Doomsday Scenarios Researchers Say Could Put Humanity at Risk
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Description: For years, artificial intelligence researchers have warned of ways the technology could wipe out humanity: AI bots could design an unstoppable disease, unleash a nuclear war, or transform all of Earth into paper clip factories, as one thought experiment goes. …
Full content: For years, artificial intelligence researchers have warned of ways the technology could wipe out humanity: AI bots could design an unstoppable disease, unleash a nuclear war, or transform all of Earth into paper clip factories, as one thought experiment goes. …
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Category: International & Reinsurance News
Date: Fri, 25 Sep 2026 05:30:27 +0000
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Singapore’s Finance Firms to Train 80,000 Staff in AI Skills
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Description: Singapore’s major financial institutions pledged to train more than 80,000 local employees in AI skills as the country moves to cushion white-collar workers from potential job disruption. A pioneer batch of 23 banks, insurers and asset managers has committed to …
Full content: Singapore’s major financial institutions pledged to train more than 80,000 local employees in AI skills as the country moves to cushion white-collar workers from potential job disruption. A pioneer batch of 23 banks, insurers and asset managers has committed to …
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Category: International & Reinsurance News
Date: Fri, 25 Sep 2026 05:10:29 +0000
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Cybersecurity Stocks Are So Hot Investors Question Staying Power
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Description: Shares of cybersecurity companies have soared in recent months on bets that the threats posed by cutting-edge AI models will be a boon for their businesses. But some of the stocks have run up so much that investors are questioning …
Full content: Shares of cybersecurity companies have soared in recent months on bets that the threats posed by cutting-edge AI models will be a boon for their businesses. But some of the stocks have run up so much that investors are questioning …
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Category: National News
Date: Fri, 25 Sep 2026 05:08:21 +0000
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Catastrophe-Bondholders Bet Hurricane Polo Won’t Trigger Losses
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Description: Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say never,” said Florian Steiger, chief executive of Zurich-based cat-bond manager Icosa …
Full content: Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say never,” said Florian Steiger, chief executive of Zurich-based cat-bond manager Icosa …
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Category: International & Reinsurance News
Date: Fri, 25 Sep 2026 05:05:18 +0000
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Saudi Oil Export Strategy Hits New Hurdle as Red Sea Insurance Costs Soar
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Description: The cost of insuring an oil tanker loaded from Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer’s struggles to find a viable channel for its exports. Saudi …
Full content: The cost of insuring an oil tanker loaded from Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer’s struggles to find a viable channel for its exports. Saudi …
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Category: International & Reinsurance News
Date: Fri, 25 Sep 2026 05:02:09 +0000
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Insurance Regulators Defend State-Led Model in Reply to Warren
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Description: The National Association of Insurance Commissioners defended its supervision of Wall Street’s influence over insurers and their bets on private credit, as the group seeks to dispel US Senator Elizabeth Warren’s doubts about potential regulatory gaps. In a letter Thursday …
Full content: The National Association of Insurance Commissioners defended its supervision of Wall Street’s influence over insurers and their bets on private credit, as the group seeks to dispel US Senator Elizabeth Warren’s doubts about potential regulatory gaps. In a letter Thursday …
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Category: National News
Date: Fri, 25 Sep 2026 05:01:33 +0000
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Southern California Edison Pushing for Wildfire Liability Deal Before Lawmakers Depart
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Description: Electric utility Southern California Edison is urging California lawmakers to hold a special session before year-end to consider limiting utilities’ exposure to future wildfire liabilities, CEO of parent company Edison International EIX.N Pedro Pizarro said this week. Electric utility infrastructure …
Full content: Electric utility Southern California Edison is urging California lawmakers to hold a special session before year-end to consider limiting utilities’ exposure to future wildfire liabilities, CEO of parent company Edison International EIX.N Pedro Pizarro said this week. Electric utility infrastructure …
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Category: West News
Date: Fri, 25 Sep 2026 05:00:55 +0000
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Oracle Cites ‘Force Majeure’ on Controversial New Mexico Data Center
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Description: Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks. The technology giant sent the project’s …
Full content: Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks. The technology giant sent the project’s …
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Category: West News
Date: Fri, 25 Sep 2026 05:00:54 +0000
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Insurance Agent Who Exploited Minority Customers Sentenced to 3 Years in Prison
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Description: A former Delaware insurance agent has been ordered to serve three years in prison after pleading guilty to three counts of felony theft involving the misappropriation of clients’ funds, the Delaware Department of Insurance (DOI) reported. Zenaida Nieves-Cordero was also …
Full content: A former Delaware insurance agent has been ordered to serve three years in prison after pleading guilty to three counts of felony theft involving the misappropriation of clients’ funds, the Delaware Department of Insurance (DOI) reported. Zenaida Nieves-Cordero was also …
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Category: East News
Date: Fri, 25 Sep 2026 05:00:51 +0000
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NY, Polymarket Sue Each Other Over Whether Prediction Markets Are Illegal Gambling
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Description: New York’s attorney general and Polymarket sued each other on Thursday, escalating a nationwide debate over who should regulate prediction markets and whether they violate state laws against illegal gambling. The lawsuit brought by Attorney General Letitia James in a …
Full content: New York’s attorney general and Polymarket sued each other on Thursday, escalating a nationwide debate over who should regulate prediction markets and whether they violate state laws against illegal gambling. The lawsuit brought by Attorney General Letitia James in a …
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Category: East News
Date: Thu, 24 Sep 2026 18:00:43 +0000
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Texas Woman Pleads Guilty to Setting House on Fire
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Description: A Wharton County, Texas woman pleaded guilty to setting a house fire in July and was sentenced to 10 years deferred adjudication, the Texas State Fire Marshall Office announced. The Wharton County Sheriff’s Office arrested Rylie Bean in February at …
Full content: A Wharton County, Texas woman pleaded guilty to setting a house fire in July and was sentenced to 10 years deferred adjudication, the Texas State Fire Marshall Office announced. The Wharton County Sheriff’s Office arrested Rylie Bean in February at …
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Category: Texas / South Central News
Date: Thu, 24 Sep 2026 16:52:12 +0000
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Louisiana Fortified Homes Program Receives $20M Investment
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Description: Louisiana Governor Jeff Landry announced this week that Louisiana is investing an additional $20 million in Fortified homes, bringing the total amount invested in state Fortified projects this year to $100 million. Landry announced that $20 million from the U.S. …
Full content: Louisiana Governor Jeff Landry announced this week that Louisiana is investing an additional $20 million in Fortified homes, bringing the total amount invested in state Fortified projects this year to $100 million. Landry announced that $20 million from the U.S. …
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Category: Texas / South Central News
Date: Thu, 24 Sep 2026 16:45:52 +0000
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Florida Widower Sues Publix, Says Recalled Blueberries Caused Wife’s Death in June
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Description: A south Florida woman died after eating frozen blueberries that were later the subject of a recall, the woman’s husband alleges in a lawsuit naming Publix supermarkets and a food distributor. Richard Mullins, of Largo, near St. Petersburg, and his …
Full content: A south Florida woman died after eating frozen blueberries that were later the subject of a recall, the woman’s husband alleges in a lawsuit naming Publix supermarkets and a food distributor. Richard Mullins, of Largo, near St. Petersburg, and his …
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Category: Southeast News
Date: Thu, 24 Sep 2026 16:42:13 +0000
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AM Best Revises Outlook to Positive for Iowa’s FMH
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Description: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Mutual Hail Insurance Company of Iowa and its reinsured affiliate, …
Full content: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Mutual Hail Insurance Company of Iowa and its reinsured affiliate, …
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Category: Midwest News
Date: Thu, 24 Sep 2026 16:38:50 +0000
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Ohio Medical Facility Sued for Religious Discrimination
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Description: The U.S. Equal Employment Opportunity Commission alleges in a lawsuit that an Ohio medical facility violated federal law by subjecting a Jewish orthopedic surgeon to unfavorable terms and conditions of employment and firing him because of his religion and race. …
Full content: The U.S. Equal Employment Opportunity Commission alleges in a lawsuit that an Ohio medical facility violated federal law by subjecting a Jewish orthopedic surgeon to unfavorable terms and conditions of employment and firing him because of his religion and race. …
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Category: Midwest News
Date: Thu, 24 Sep 2026 16:16:48 +0000
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Singapore Court Strips Control of Radiant World From Founder
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Description: A Singapore court appointed KPMG restructuring executives to take charge of Radiant World on Thursday, granting an application by creditor Mizuho Bank Ltd., which has accused the trader of alleged fraud linked to iron ore receivables. The decision removes Radiant …
Full content: A Singapore court appointed KPMG restructuring executives to take charge of Radiant World on Thursday, granting an application by creditor Mizuho Bank Ltd., which has accused the trader of alleged fraud linked to iron ore receivables. The decision removes Radiant …
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Category: International & Reinsurance News
Date: Thu, 24 Sep 2026 16:14:26 +0000
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TN Funeral Director, North Carolina Man Charged in Insurance Fraud Investigations
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Description: A grand jury in Tennessee this week indicted a funeral home owner on insurance fraud, theft, elderly exploitation and abuse-of-a-corpse charges after a months-long probe by the Tennessee Bureau of Investigation. Chadrick Mundy, 37, was booked into jail in Fentress …
Full content: A grand jury in Tennessee this week indicted a funeral home owner on insurance fraud, theft, elderly exploitation and abuse-of-a-corpse charges after a months-long probe by the Tennessee Bureau of Investigation. Chadrick Mundy, 37, was booked into jail in Fentress …
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Category: Southeast News
Date: Thu, 24 Sep 2026 15:47:33 +0000
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Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say
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Description: Private equity firm Hellman & Friedman is exploring a sale of insurance software provider Applied Systems that could value the company at up to $10 billion, according to people familiar with the matter. The private equity firm is working with …
Full content: Private equity firm Hellman & Friedman is exploring a sale of insurance software provider Applied Systems that could value the company at up to $10 billion, according to people familiar with the matter. The private equity firm is working with …
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Category: National News
Date: Thu, 24 Sep 2026 14:02:34 +0000
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Hurricane Watch Posted on Hawaii’s Big Island as Nolo Approaches
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Description: A hurricane watch has been issued for Hawaii’s Big Island as Tropical Storm Nolo strengthens south of the island chain. Nolo, with top winds of 40 miles (64 kilometers) per hour was 500 miles south of Honolulu and on a …
Full content: A hurricane watch has been issued for Hawaii’s Big Island as Tropical Storm Nolo strengthens south of the island chain. Nolo, with top winds of 40 miles (64 kilometers) per hour was 500 miles south of Honolulu and on a …
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Category: West News
Date: Thu, 24 Sep 2026 13:53:35 +0000
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Online Insurance Marketplace Insurify Blocks Meta’s Personal AI Agent Muse
Author: Chad Hemenway
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Description: Early this year, Insurify caused a stir when it began what was thought to be the first insurance app with ChatGPT’s Open AI. In fact, the news momentarily shook the S&P 500 Insurance index. On Sept. 23, the online insurance …
Full content: Early this year, Insurify caused a stir when it began what was thought to be the first insurance app with ChatGPT’s Open AI. In fact, the news momentarily shook the S&P 500 Insurance index. On Sept. 23, the online insurance …
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Category: National News
Date: Thu, 24 Sep 2026 13:43:10 +0000
Local date: Thu, 24 Sep 2026 13:43:10 +0000
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