Cape Cod Faces Highest Snow Risk as New Coastal Storm Forms
New York and most of the Northeast will likely be spared the worst of a new winter storm this weekend that still may clip Cape Cod and eastern New England.
POSTED JANUARY 29, 2026 7:00 PM |
Missouri DCI Requests Update of Catastrophe Response Contacts
The Missouri Department of Commerce & Insurance (DCI) sent a bulletin to insurers this week requesting they provide current catastrophe/disaster coordination contact information. The bulletin, sent on Jan. 27, says that the contact should be available to communicate directly with …
POSTED JANUARY 29, 2026 5:19 PM |
Marsh Reports Organic Growth of 4% for Q4, Full-Year 2025, Down From 7% in 2024
Marsh reported fourth quarter revenue of $6.6 billion, an increase of 9% from $6.1 billion reported during the same period in 2024. Organic, or underlying growth, during Q4 was 4%, down from 7% in Q4 2024. Q4 2025 operating income …
POSTED JANUARY 29, 2026 4:46 PM |
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds
The owner of the Massachusetts assisted living facility Gabriel House where 10 people were killed and 30 injured in a fire last July has been denied access to insurance proceeds he told a court are needed to repair the facility …
POSTED JANUARY 29, 2026 4:38 PM |
Waymo Probed After Robotaxi Struck Child Near California School
U.S. auto safety regulators are investigating a Waymo autonomous vehicle that struck a child near a school in Santa Monica, California, the second recent probe to examine the behavior of the Alphabet Inc. unit’s robotaxis near children. The vehicle collided …
POSTED JANUARY 29, 2026 4:30 PM |
AM Best Revises Outlook to Positive for Texas’ Aventus
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) of Aventus Insurance Company based in Fort Worth, Texas. These Credit Ratings …
POSTED JANUARY 29, 2026 4:16 PM |
It’s Getting More Expensive to Live in Texas, Census Finds
It’s getting harder to afford living in Texas — even as incomes and educational attainment grow and poverty declines. Despite the state’s robust economic growth since the start of the decade, incomes in Texas haven’t kept pace with the nation …
POSTED JANUARY 29, 2026 4:13 PM |
New Wrong-Way Detection System Cut Crashes on Michigan Highway
While wrong-way crashes are increasing statewide in Michigan, one major highway is seeing the opposite trend. Since new wrong-way detection systems went up on US 131 in Grand Rapids, crashes have dropped more than 50%, according to state transportation officials. …
POSTED JANUARY 29, 2026 4:08 PM |
Another Opportunity for Private Flood Insurers as Another Lapse Looms for NFIP
The clock is ticking on the National Flood Insurance Program—again. The NFIP is part of the federal funding package, which is set to expire at midnight Jan. 30. Unless Congress compromises on several issues, namely funding for the Department of …
POSTED JANUARY 29, 2026 4:02 PM |
Tampa Bay Rays’ New Stadium in Tampa: What We Know So Far
For many of the nearly 28 years since the Tampa Bay Rays held their inaugural game in St. Petersburg’s domed stadium, they have been looking for a bigger, better deal. Tropicana Field’s location, across Tampa Bay from the much-larger population …
POSTED JANUARY 29, 2026 3:37 PM |
Alabama Insurance Agent and Candidate Says Tuberville Lives in Florida
An Alabama insurance agent running for governor is challenging U.S. Sen. Tommy Tuberville’s eligibility to seek the office, accusing the football coach-turned-politician of not meeting the legal requirement to have lived in the state for seven years. Ken McFeeters, who …
POSTED JANUARY 29, 2026 3:24 PM |
Europe to Decide How Much Toxin in Baby Formula Is Too Much
Europe’s food safety regulator will publish advice on what is an acceptable level of the toxin currently at the heart of one of the biggest infant formula recalls in history. The European Food Safety Authority will establish an “acute reference …
POSTED JANUARY 29, 2026 2:03 PM |
Fire in Connecticut Damages 5 Businesses Including Popular Restaurant
A fire in a commercial plaza in Thomaston, Connecticut damaged five businesses including a popular restaurant, Patti’s Place. Firefighters battled the building fire on Park Street late Tuesday night and into Wednesday morning. “Crews started with an aggressive interior attack, …
POSTED JANUARY 29, 2026 1:44 PM |
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks
A wave of cyberattacks has hit Bumble Inc., Panera Bread Co., Match Group Inc., and CrunchBase Inc., as cybersecurity experts warn about a new round of social engineering attacks targeting US companies. Bumble Inc., the parent company of dating apps …
POSTED JANUARY 29, 2026 12:51 PM |
Markets/Coverages: Arch Launches Event Cancellation Cyber Coverage
Arch Insurance International (Arch) announced the launch of its event cancellation cyber coverage, which is available through both the London market and Arch’s instant quote and bind platform, Arch IQ. Offered as a cyber extension to an event cancellation policy, …
POSTED JANUARY 29, 2026 11:06 AM |
US Handing Over Seized Tanker to Venezuela, Officials Say
The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on Wednesday. The United States has been carrying out a months-long effort to seize oil tankers linked to Venezuela – …
POSTED JANUARY 29, 2026 10:49 AM |
Australia Hits New Renewable Milestone of Over 50%
Australia hit a new clean energy milestone during the December quarter, even as power demand rose over 2.2% from a year earlier, the Australian Energy Market Operator (AEMO) said on Thursday. Gas-fired generation fell to its lowest level since 2000, …
POSTED JANUARY 29, 2026 10:33 AM |
Flood Losses Set to Soar 10-Fold in Southeast Asia, WTW Study Finds
Losses tied to floods in Southeast Asia may grow as much as 10-fold in the coming years due to the rise of extreme weather events, according to Willis Towers Watson Plc. Early indications suggest that major regional flooding events have …
POSTED JANUARY 29, 2026 10:03 AM |
Berkely Says It’s No Longer Pressured to Push for Rate ‘Across the Board’
W.R Berkley reported a “flattish” top line but nearly 15% growth in underwriting income for fourth-quarter 2025 this week. The insurer’s chief executive signaled a change in the level of rate increases going forward. President and CEO W. Robert Berkley, …
POSTED JANUARY 29, 2026 6:45 AM |
People Moves: Marsh Risk Expands US Surety Team; AXA XL Appoints Billingslea as Head of Energy; Nixon Joins KCC Leadership Team
Marsh Risk Expands US Surety Team With 3 Leadership Appointments Marsh Risk, headquartered in New York City, made three leadership appointments. Jimmy Tse was named U.S. financial institutions surety growth leader. Tse has 20 years of experience in financial institutions, …
POSTED JANUARY 29, 2026 6:38 AM |
Second Russia-Linked Oil Tanker Loses Control in Mediterranean
A second Russia-linked oil tanker lost control as it was entering the Mediterranean Sea in under a week. The medium-range vessel Chariot Tide first showed signs of difficulty as it approached Tangier, Morocco, on Jan. 21, when its speed abruptly …
POSTED JANUARY 29, 2026 6:15 AM |
US Marshals Are Investigating a Possible Digital-Asset Hack
The US Marshals Service, which provides custody of cryptocurrencies seized by or forfeited to federal law enforcement agencies, said it’s investigating a possible hack of US government digital-asset accounts. “At this time, we will not be making any statement as …
POSTED JANUARY 29, 2026 6:14 AM |
Breakdown Cover and Car Insurance Firm RAC Poised to Pick Banks for London IPO
Breakdown cover and car insurance company RAC is close to selecting banks to lead its initial public offering in London, according to people familiar with the matter. The nearly 130-year-old firm is set to pick Goldman Sachs Group Inc., Bank …
POSTED JANUARY 29, 2026 6:05 AM |
Winter Storm to Cause Billions of Dollars in Insured Losses: UBS
A major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at brokerage UBS said in a note. The heavy storm has left much of the central and …
POSTED JANUARY 29, 2026 6:02 AM |
Florida House Panel Approves Bill to Waive Permits on Work of Less Than $7,500
Spending $7,500 on home repairs may not seem like much in 2026. But a bill approved by a Florida House of Representatives panel on Wednesday would allow construction work below that threshold without a building permit, a change that could …
POSTED JANUARY 29, 2026 6:01 AM |