Oklahoma Homeowners Can Apply for Up to $10K Grants for Fortified Roofs
Oklahoma homeowners can now apply for grants of up to $10,000 to upgrade to storm-resistant Fortified roofs. The Oklahoma Insurance Department opened statewide applications for its Strengthen Oklahoma Homes (SOH) Grant Program on Monday, Jan. 12. The statewide expansion follows …
POSTED JANUARY 13, 2026 5:06 PM |
Business Moves: United Risk to Acquire DUAL Crisis Management Program, Team
Managing general agency United Risk said it has an agreement to buy DUAL North America’s crisis management program, with its underwriting and claims teams. The unit will be renamed First Product Protection, serving as an independent division of New York-based …
POSTED JANUARY 13, 2026 4:39 PM |
People Moves: Packer Named to MD Board; Parkhurst New TDCI General Counsel
With litigation and regulation still a major part of the property-casualty insurance business, a national law firm and a state regulator have named attorneys to leadership roles. Marshall Dennehey, with offices in seven Eastern U.S. states, announced that Florida-based insurance …
POSTED JANUARY 13, 2026 4:37 PM |
Railroads and Their Regulators Thwart Safety Fixes, Analysis Finds
Human errors and track defects caused more than 3,000 rail accidents over the last decade, killing 23 people and injuring nearly 1,200. Yet federal railroad regulators failed to implement most of the safety recommendations that emerged from accident investigations. That’s …
POSTED JANUARY 13, 2026 4:37 PM |
Markets/Coverages: ATA Launches $750M Insurance Facility for AI Infrastructure Boom
Advanced Technology Assurance Ltd. (ATA), the London-based managing general underwriter, has launched a $750 million insurance facility to underwrite the projected $7 trillion global AI infrastructure boom. The ATA Global Data Center & AI Infrastructure Insurance facility launches with backing …
POSTED JANUARY 13, 2026 4:21 PM |
Court Orders Justice Family Coal Companies to Pay $1M to Liberty Mutual Unit
A federal judge has ordered coal companies owned by the family of U.S. Sen. Jim Justice to cough up more than $1 million in unpaid workers’ compensation premiums owed to a Liberty Mutual company—five years after an audit showed the …
POSTED JANUARY 13, 2026 4:00 PM |
Markets/Coverages: FM Bumps Up Limits for Data Centers to $5B
Commercial property insurer FM announced a significant increase in capacity to support its global FM Intellium clients and the data and power generation ecosystem. FM can now provide up to $5 billion in capacity for the growing data-center industry. FM …
POSTED JANUARY 13, 2026 3:53 PM |
Iowa Landlord to Pay $325K Settlement in Sexual Harassment Lawsuit
The Justice Department announced that the owner and property manager of residential rental properties in Davenport, Iowa, have agreed to pay $325,000 to resolve a lawsuit alleging that the property manager sexually harassed female tenants in violation of the Fair …
POSTED JANUARY 13, 2026 3:50 PM |
Iowa Woman Charged With Insurance Fraud
Cristal Gale Kastantin, of Wheatland, Iowa, was arrested on January 3, 2026, on outstanding arrest warrants for committing insurance fraud, the Iowa Insurance Division announced. Kastantin was charged with one count of Ongoing Criminal Conduct (Class B Felony), one count …
POSTED JANUARY 13, 2026 3:45 PM |
California Wants to Mix Hydrogen With Gas to Cut Pollution. Critics Say That Poses Risks
Alma Figueroa began to worry when she learned that her gas provider wanted to test a controversial solution to curb global warming: blend hydrogen with natural gas to power her stove and other appliances. Figueroa, who has asthma and recently …
POSTED JANUARY 13, 2026 2:39 PM |
APCIA Backs Federal Bill to Require Litigation Funding Disclosure
The American Property Casualty Insurance Association (APCIA) has released a statement in support of federal legislation, up for committee discussion today, that is meant to increase the transparency of third-party financers in litigation. The Protecting Third Party Litigation Funding From …
POSTED JANUARY 13, 2026 1:51 PM |
People Moves: Chaucer Taps Carpenter’s Loh as CEO Singapore; Price Forbes Singapore Names Carpenter’s Heath as Head of Reinsurance and Wholesale
This edition of International People Moves details appointments at Chaucer Group and Price Forbes Singapore. A summary of these new hires follows here. Chaucer Taps Carpenter’s Loh as CEO Singapore, AXA XL’s Bryan to Lead Reinsurance APAC Chaucer Group, the …
POSTED JANUARY 13, 2026 10:10 AM |
Door of Swiss Bar Where 40 Died in Fire Was Locked, Says RTS
A service door that might have offered a second escape route at the Swiss bar where a deadly fire claimed 40 lives on New Year’s Eve was locked at the time of the incident, one of the managers told Swiss …
POSTED JANUARY 13, 2026 9:38 AM |
Markets/Coverages: Berkshire (BHSI) Expands Casualty Lines in Italy
Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of primary casualty policies for national and multinational risks in Italy. “We are pleased to launch our modular, proprietary primary casualty solution, expressly designed to meet our customers’ need for simplicity, clarity …
POSTED JANUARY 13, 2026 9:18 AM |
Factbox: Elon Musk’s Grok Faces Global Scrutiny for Sexualized AI Deepfakes
Governments and regulators from Europe to Asia are cracking down on sexually explicit content generated by Elon Musk’s xAI chatbot Grok on X, launching probes, imposing bans and demanding safeguards, in a growing global push to curb illegal material. Here …
POSTED JANUARY 13, 2026 8:54 AM |
BBC Defends Documentary Targeted by Trump in $10 Billion Suit
The British Broadcasting Corp. signaled some of its defenses against President Donald Trump’s $10 billion defamation lawsuit, telling a judge that the documentary at the center of the case was fair despite a misleading edit of one segment. The BBC …
POSTED JANUARY 13, 2026 8:08 AM |
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report
Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S. mainland avoided hurricanes for …
POSTED JANUARY 13, 2026 7:44 AM |
Schrager Hampson Aviation Acquires Delaware’s Einstein Insurance
Schrager Hampson Aviation Insurance Group (SHAIG) announced the acquisition of Einstein Insurance Inc., an aviation insurance agency based in New Castle, Delaware, Einstein Insurance Inc. became part of Schrager Hampson Aviation Insurance Agency, a division of SHAIG, on January 1, …
POSTED JANUARY 13, 2026 6:34 AM |
Experian: AI Agents Could Overtake Human Error as Major Cause of Data Breaches
Artificial intelligence continues to be at the center of Experian’s annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI makes its way into many of the predictions in Experian’s …
POSTED JANUARY 13, 2026 6:30 AM |
Florida Lawmakers Ready for Another Shot at Litigation Funding Limits
Florida property/casualty insurance leaders have said they are not expecting big changes from the legislature’s 2026 regular session that begins today, given the much-touted impact that 2022 reforms have already had on excessive litigation costs in recent years. But one …
POSTED JANUARY 13, 2026 6:01 AM |
Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement
The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America’s landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who wanted to pursue lawsuits against …
POSTED JANUARY 13, 2026 6:01 AM |
Judge Lets Orsted Resume Rhode Island Offshore Wind Project Halted by Trump
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump’s administration halted along with four other projects last month. The ruling by U.S. District …
POSTED JANUARY 13, 2026 6:00 AM |
Ex-Insurance Agent Sentenced for 2 Fraud Counts Faces Additional Charges
A Baltimore County judge sentenced Michael C. Okolo, of Parkville, Maryland, to six months incarceration for two counts of insurance fraud and one count of obstruction of justice. A jury found Okolo guilty of those charges on December 4 last …
POSTED JANUARY 13, 2026 6:00 AM |
Experts Wary of Privacy, Liability From AI Health Gadgets at CES in Nevada
Health tech gadgets displayed at the annual CES trade show make a lot of promises. A smart scale promoted a healthier lifestyle by scanning your feet to track your heart health, and an egg-shaped hormone tracker uses AI to help …
POSTED JANUARY 13, 2026 6:00 AM |
FAA Notice Warned of Slackline Before Deadly Arizona Helicopter Crash
Federal aviation records show that a week before a fatal helicopter crash, a notice was issued that a tightrope would be stretched across a mountainous area of Arizona, providing a warning for pilots to watch out for the temporary obstacle …
POSTED JANUARY 13, 2026 6:00 AM |