India Plans a $2.2 Billion Bet on Carbon Capture and Storage
India’s government proposed a 200 billion rupees ($2.2 billion) program to ramp up the deployment of carbon capture utilization and storage technology, to help mitigate the emissions of five heavily polluting sectors. The plan would target power, steel, cement, refineries …
POSTED FEBRUARY 03, 2026 6:10 AM |
Data Center Boom Offers Organic Growth Opportunities for Brokers Like Aon, Marsh
The global boom in the construction of data centers – driven by the growth of generative artificial intelligence (AI) and machine learning – is creating organic growth opportunities for major brokers such as Aon and Marsh. “Over the next five …
POSTED FEBRUARY 03, 2026 6:03 AM |
Carolinas Emerge as New Population Boom States With Affordability and Lifestyle
Move over Florida and Texas. The United States has new hot spots for growth, and they both have Carolina in their name. North Carolina last year attracted more new residents, 84,000 people, from other parts of the country than any …
POSTED FEBRUARY 03, 2026 6:02 AM |
Coverage A for Florida Surplus HO-3 Shows Mixed Bag in Premiums, Policy Count
Primary insurers in Florida aren’t the only ones reporting rate reductions for segments of the populace. Surplus lines also have seen premium decreases as well as significant policy count growth—at least for some slices of the market. The Florida Surplus …
POSTED FEBRUARY 03, 2026 6:01 AM |
Arizona Experienced 25% Decrease in Vehicle Thefts in 2025, New Report Shows
Vehicle thefts fell by 25% in Arizona in 2025 to the lowest rate in decades, and the third consecutive year of a decrease in the state, a new report shows. Data from the Arizona Automobile Theft Authority’s Auto Crime Tracker …
POSTED FEBRUARY 03, 2026 6:00 AM |
Marsh McLennan Agency Acquires Marine Insurance Specialist Robinson & Son
Marsh McLennan Agency (MMA) announced the acquisition of Robinson & Son, a Hudson Falls, New York-based agency specializing in the maritime industry. Terms of the acquisition were not disclosed. The agency, which offers both commercial and personal lines insurance, was …
POSTED FEBRUARY 03, 2026 6:00 AM |
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme
A federal grand jury on January 30 indicted a Massachusetts married couple for their alleged involvement in a scheme to defraud individuals and insurance providers through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B. Foley of …
POSTED FEBRUARY 03, 2026 6:00 AM |
California Light Bulb Maker Paying $100K for Firing Pregnant Worker
A California lightbulb manufacturer is paying $100,000 to settle a pregnancy discrimination lawsuit. Feit Electric Inc., a lightbulb manufacturer based in Los Angeles, must pay $100,000 and provide other relief to settle the pregnancy discrimination suit filed by the U.S. …
POSTED FEBRUARY 03, 2026 6:00 AM |
MAPFRE Denied Injunction Against AAA Auto Insurance Sales in Massachusetts
MAPFRE Insurance has been denied a preliminary injunction to keep AAA Northeast from selling auto insurance policies in Massachusetts in what the insurer says is a violation of an exclusive marketing agreement it has with the auto club in the …
POSTED FEBRUARY 03, 2026 6:00 AM |
Bill Introduced to ‘Transform’ The California FAIR Plan
A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponsored …
POSTED FEBRUARY 02, 2026 9:06 PM |
Historic Fishing Community Mourns 7 Lives Lost in Another Tragedy at Sea
The U.S. Coast Guard’s Northeast Division is investigating the sinking of the commercial fishing vessel Lily Jean off the Massachusetts coast and subsequent loss of seven lives last week. At 6:50 a.m., on January 30, the Coast Guard responded to …
POSTED FEBRUARY 02, 2026 8:32 PM |
Cluster of Quakes Felt Around San Francisco Bay, Including An M4.2
A cluster of earthquakes in the San Francisco Bay Area early Monday including a magnitude 4.2 temblor was felt by thousands. The United States Geological Survey reported more than two dozen different quakes. The largest was a M4.2 east of …
POSTED FEBRUARY 02, 2026 5:43 PM |
Rokstone Launches Commercial Agriculture and Farm Property Program
Rokstone Agriculture, part of the International Speciality (Re)Insurance MGA Rokstone, has announced the launch of its new U.S. non-admitted Commercial Agriculture and Farm & Ranch Property Program. Available in all U.S. states, except Alaska and Hawaii, and excluding wind is …
POSTED FEBRUARY 02, 2026 5:01 PM |
Novacore Acquires Texas’ CP Insurance Associates
Novacore, the specialty insurance managing general agent (MGA) formerly the U.S. commercial division of NSM Insurance Group, announced it has entered into a definitive agreement to acquire CP Insurance Associates, a Texas-based insurance services agency specializing in lender-placed insurance, investor …
POSTED FEBRUARY 02, 2026 4:54 PM |
Cannabis is Here to Stay, Texas Lawmakers Say
Cannabis is here to stay in Texas, lawmakers and industry leaders said last week, as efforts to ban consumable hemp are losing steam. However, figuring out how to regulate the market remains a glaring problem that lawmakers will likely address …
POSTED FEBRUARY 02, 2026 4:49 PM |
FMIG Acquires Illinois’ Downs Insurance Agency
First Mid Insurance Group (FMIG) announce its acquisition of Downs Insurance Agency in Decatur, Illinois. The transaction closed on January 12, 2026. The acquisition supports FMIG’s continued growth strategy across central Illinois and expands its presence in the Decatur market. …
POSTED FEBRUARY 02, 2026 4:47 PM |
Zurich Reveals Beazley Stake After UK Insurer Spurns Bid
Zurich Insurance Group AG disclosed a 1.5% stake in Beazley Plc, about two weeks after the UK specialty insurer rejected the industry giant’s latest takeover approach. The Swiss company now holds about 8.87 million shares of the London-listed firm, or …
POSTED FEBRUARY 02, 2026 4:33 PM |
NHTSA Expands Probe Into About 1.3 Million Ford Pickups Over Transmission Issues
The National Highway Traffic Safety Administration said on Monday it had expanded a safety-related investigation into 1.27 million Ford F-150 pickup trucks following reports of unexpected downshifts with rear-wheel lockup. The investigation covers vehicles from the 2015–2017 model years, NHTSA …
POSTED FEBRUARY 02, 2026 4:21 PM |
‘Moltbook’ Social Media Site for AI Agents Had Big Security Hole
A buzzy new social network where artificial intelligence-powered bots appear to swap code and gossip about their human owners had a major flaw that exposed private data on thousands of real people, according to research published on Monday by cybersecurity …
POSTED FEBRUARY 02, 2026 4:07 PM |
Georgia City Warns Against Drinking Tap Water After Atlanta Airport Fuel Spill
A town south of Atlanta advised its residents on Friday not to drink their tap water after a fuel spill at Atlanta’s airport may have contaminated the Flint River. The city of Griffin, whose water system serves more than 20,000 …
POSTED FEBRUARY 02, 2026 3:45 PM |
Record-Breaking Cold Hits South, Leaving Snow, Accidents and Crop Damage
Record-breaking cold gripped the Southeast this weekend, bringing heavy snow to parts of Tennessee and North Carolina, canceling flights across the region and threatening citrus crops in Florida. News outlets reported that at least 44 daily temperature records may be …
POSTED FEBRUARY 02, 2026 3:31 PM |
AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
A state high court has ruled subsidiaries of American International Group (AIG) and Chubb cannot use the so-called “bump-up” exclusion in denying coverage for a settlement in a securities lawsuit. Late last month the Delaware Supreme Court affirmed a ruling …
POSTED FEBRUARY 02, 2026 3:19 PM |
Markets/Coverages: Willis Returns to Light and Recreational General Aviation Market
Willis, a WTW business, has announced its return to the light and recreational general aviation market after a 30-year absence, marking a significant milestone in the company’s ongoing commitment to providing industry-leading insurance solutions. The move has been enabled by …
POSTED FEBRUARY 02, 2026 11:42 AM |
UN Nuclear Watchdog Discusses Risks to Ukraine’s Nuclear Safety After Russian Strikes
The U.N. atomic watchdog’s board held a special session Friday to discuss risks to nuclear safety in Ukraine as concerns mount that relentless Russian attacks on its energy infrastructure pose an increasing danger of a nuclear accident. The urgent meeting …
POSTED FEBRUARY 02, 2026 10:32 AM |
Dutch Regulator to Probe Roblox Over Risks to Minors
The Netherlands’ consumer protection regulator ACM has launched an investigation into U.S. gaming platform Roblox over potential risks to underage users in the European Union, it said on Friday [Jan. 30]. The regulator said it will assess whether Roblox is …
POSTED FEBRUARY 02, 2026 9:14 AM |