Missouri Hailstorm Damages Hundreds of Vehicles
Glass shards flew everywhere as Eric Gockel waited out one of the worst hailstorms to hit Missouri. One of the softball-size hunks of ice that hit the Springfield area on Tuesday measured 4.75 inches (12 centimeters). The hail killed an …
POSTED MAY 01, 2026 7:43 AM |
Texas Hill Country on Alert for Flooding as Heavy Rains Approach
A band of severe storms bearing down on central Texas has raised concerns about flooding, with heavy rains expected near the site of last year’s deadly Fourth of July floods. Communities in the Texas Hill Country could see up to …
POSTED MAY 01, 2026 5:31 AM |
Florida Firms Introduce New Tarp and Flood-Protection Products
Two new products on the market could help reduce losses and property insurance claims in storm-prone parts of the Southeast and beyond, makers announced recently. Flood Risk America, based in Lake Worth, Florida, said it has expanded its flood protection …
POSTED MAY 01, 2026 5:03 AM |
Kentucky Insurance Agent Pleads Not Guilty in Church Premium Fraud Case
A Kentucky insurance agent charged with swiping premium payments from a church pleaded not guilty this week. Glen David Ramey, of Murray, Kentucky, is scheduled for a preliminary hearing in district court on May 13, the Murray Ledger and Graves …
POSTED MAY 01, 2026 5:02 AM |
Viewpoint: Decades-Old Approach to Workers Comp Claims Must Change
Historically, executing decisive, effective workers’ compensation claims has been a work in… well, compensation. As in compensating for holes in data that, if available or accessible, would help deliver far more expedient, cost-effective and successful outcomes for all parties. These …
POSTED MAY 01, 2026 5:02 AM |
Upstate New York Agent Pleads Guilty to Stealing More Than $50M From Neighbors
A businessman accused of stealing more than $50 million from hundreds of people in upstate New York as part of a massive Ponzi scheme pleaded guilty this week to charges stemming from the fraud, according to the state attorney general. …
POSTED MAY 01, 2026 5:00 AM |
That Dog Won’t Hunt. Jury Awards $5.2M to Accident Victim.
A New Jersey jury has awarded $5.2 million to a Watchung man who suffered spinal injuries after being hit in an accident in a Costco parking lot in 2017. The jury rejected the claim by the other driver and his …
POSTED MAY 01, 2026 5:00 AM |
IICF’s Western Division Celebrates $670,000 in Community Grants, Alphabet’s Nickel Honored
The Insurance Industry Charitable Foundation celebrated more than $670,000 in IICF Community Grants awarded across the region to 78 nonprofit partners at its 11th annual IICF Western Division Horizon Award Gala. The event was held drew insurance leaders from across …
POSTED MAY 01, 2026 5:00 AM |
Workers’ Comp Bureau of California Submits Pure Premium Filing of 10.4%
The Workers’ Compensation Insurance Rating Bureau of California has submitted a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be on average 10.4% above the average approved September 1, …
POSTED MAY 01, 2026 5:00 AM |
FM Earns Guinness World Records Title for ‘Largest Display of Fire Sprinklers’
Reflecting the property protection philosophy that has driven the company for nearly two centuries, commercial property insurer FM has earned a Guinness World Records title for the world’s largest display of fire sprinklers. A total of 1,007 sprinklers line the …
POSTED MAY 01, 2026 5:00 AM |
Musk Gets Apology From California Regulators as SpaceX Suit Is Settled
California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission …
POSTED MAY 01, 2026 5:00 AM |
With New Program, Indie Agents Can Start Selling Root Insurance in 24 Hours
Insurtech car insurance provider Root said it has started a 24-hour agent appointment program to allow independent insurance agents to complete onboarding and begin selling policies in as little as one day. Root Insurance said traditional insurance carrier onboarding often …
POSTED MAY 01, 2026 5:00 AM |
AIG Underwriting Income More Than Triples in Q1
First quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment increased nearly 220% compared with the prior year, to $774 million. Financial results for the first three months of the year included catastrophe losses of $180 million, …
POSTED MAY 01, 2026 4:01 AM |
People Moves: Silberberg Energy & Power Infrastructure Leader at Marsh Risk, US & Canada; NFP Hires Pender to Construction and Infrastructure Team, North America
Marsh Appoints Silberberg Energy & Power Infrastructure Leader, Marsh Risk, US & Canada Marsh appointed Joanne Silberberg to the newly created role of energy and power infrastructure leader, Marsh Risk, U.S. and Canada. Silberberg will work closely with Marsh’s energy …
POSTED APRIL 30, 2026 6:10 PM |
Marsh McLennan Agency to Buy Health and Benefits Broker TriBridge Partners
Marsh McLennan Agency (MMA) announced that it has reached an agreement to acquire TriBridge Partners, an independent benefits broker and retirement and wealth advisor headquartered in Columbia, Maryland. Terms of the acquisition were not disclosed. TriBridge Partners was founded in …
POSTED APRIL 30, 2026 6:00 PM |
St. Louis Alderman Sentenced to 16 Months for Insurance Fraud
U.S. District Judge Henry E. Autrey this week sentenced former St. Louis Alderman Brandon Bosley to 16 months in prison for insurance fraud and lying to the FBI. Bosley will be on supervised release for three years after his release …
POSTED APRIL 30, 2026 4:50 PM |
2 Young People Arrested in Alleged Plot to Attack Texas Synagogue
Two young people have been arrested in an alleged plot to attack a Texas synagogue that involved driving through the congregation to “kill as many Jews as possible,” according to authorities and court documents. The arrests come a month after …
POSTED APRIL 30, 2026 4:43 PM |
People Moves: Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie; The Fidelis Partnership Promotes Woods as Ireland CEO, With More Key Hires
This edition of International People Moves details appointments at Apollo and The Fidelis Partnership. Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie Apollo, the London-based subsidiary of Skyward Group, announced the launch of an international casualty reinsurance …
POSTED APRIL 30, 2026 4:31 PM |
Steel Company Faces $12M Settlement Over Contamination at Ohio Site
The Department of Justice announced a proposed settlement with Cleveland-Cliffs Steel Corporation (Cliffs) requiring it to address releases of hazardous waste at its Middletown Works facility. Under the proposed consent decree, Cliffs will perform long-term corrective measures to comply with …
POSTED APRIL 30, 2026 4:30 PM |
Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais
Insurance broker Lockton announced it has secured a reinsurance license in the Kingdom of Saudi Arabia, which marks the next phase of Lockton’s geographical expansion and reflects the firm’s broader international strategy to deliver tailored facultative and treaty solutions to …
POSTED APRIL 30, 2026 3:51 PM |
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Insurtech Hippo reversed a first quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total catastrophe losses of $53.4 million, of …
POSTED APRIL 30, 2026 3:35 PM |
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks, and also reasserted its control over the Strait of Hormuz, complicating U.S. plans for a coalition to reopen the waterway. Two …
POSTED APRIL 30, 2026 3:20 PM |
People Moves: Friedson Joins Alliant’s Mid-Atlantic Benefits Team
Alliant Insurance Services, headquartered in Irvine, California, added Matthew Friedson to its employee benefits group as first vice president. Based in Bethesda, Maryland, he will work with clients throughout the Northeast to tailor executive benefits and financial strategies for their …
POSTED APRIL 30, 2026 3:18 PM |
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Brown & Brown acknowledges that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. “At the end of March, the startup [Howden] has taken customers representing approximately $31 million of annual revenue as compared …
POSTED APRIL 30, 2026 2:29 PM |
Texas Seeks to Ban In-Home Ketamine
The Texas Medical Board is proposing tighter regulations around ketamine, a popular fast-acting sedative used to treat mental illness, including more physician oversight during administration of the drug and banning in-home use of it. The revised rules are expected to …
POSTED APRIL 30, 2026 2:08 PM |