Pennsylvania Blocked $227.9 Million in P/C Insurance Hikes in 2025, Says Regulator
The Pennsylvania Insurance Department (PID) said it saved residents $227.9 million by blocking proposed property/casualty insurance premium increases from taking effect in 2025. Through the rate review process in 2025, PID reported that its review of rate filings saved consumers …
POSTED JANUARY 22, 2026 4:55 PM |
Markets/Coverages: AXA XL Launches Alternative Risk Solutions; Bouteille to Lead
AXA XL has launched a dedicated Alternative Risk Solutions (ARS) team, appointing Sylvain Bouteillé, current chief underwriting officer, specialty as its leader. The new team centralizes AXA XL’s alternative risk expertise to enhance its ability to quickly deliver innovative and …
POSTED JANUARY 22, 2026 4:49 PM |
Ga. Farm Bureau Promotes Willis, LIRG Names Roche Marketing Chief
Georgia Farm Bureau announced that Gary Willis, who recently served as executive director of insurance operations, is the general manager for the bureau’s insurance corporation. Willis takes over for George Monk, who retired Jan. 2, GFB said in news release. …
POSTED JANUARY 22, 2026 4:18 PM |
Trial Underway for Ex-St. Louis Alderman Accused of Insurance Fraud
A federal trial is underway for a former St. Louis, Missouri alderman accused of defrauding an insurance company while in office. Brandon Bosley is charged with orchestrating a fraud scheme to obtain money from his insurance company by falsely inflating …
POSTED JANUARY 22, 2026 4:04 PM |
Warner Pacific Builds SE Business With Brokers Holding Group
Warner Pacific, a general agency for brokers, based in California, has acquired Brokers Holding Group, a South Carolina general agency specializing in health plans and alternative funding for employer groups. The move expands Warner Pacific’s presence in the Southeast, the …
POSTED JANUARY 22, 2026 3:31 PM |
Texas Power Grid Faces Major Test From Season’s Biggest Storm
A powerful winter storm descending on Texas on Friday will be one of the toughest tests of the state’s electric grid since the system collapsed during a deadly 2021 freeze. Ice is predicted for the Dallas area, the Panhandle is …
POSTED JANUARY 22, 2026 3:17 PM |
Brown Students Return to Tighter Security After Campus Shooting
Brown University students resumed classes on Wednesday following a deadly shooting last month that shattered the typical sense of safety on the picturesque campus and spurred a review of the Ivy League institution’s security measures. A shooter attacked an exam-prep …
POSTED JANUARY 22, 2026 2:51 PM |
Bill to Extend Federal Terrorism Backstop Weighed in House Committee
Looking to ensure the longevity of a worthwhile federal program, the insurance industry has continued to lobby in favor of the TRIA Program Reauthorization Act of 2026. A federal backstop for terrorism risk was first initiated late in 2002 by …
POSTED JANUARY 22, 2026 2:24 PM |
Forecasters Warn of ‘Potentially Catastrophic’ Storm From Texas to the Carolinas
With many Americans still recovering from multiple blasts of snow and unrelenting freezing temperatures in the nation’s northern tier, a new storm is set to emerge this weekend that could coat roads, trees and power lines with devastating ice across …
POSTED JANUARY 22, 2026 1:28 PM |
Chicago Tow Truck Driver Charged Over Vehicle Thefts
Illinois Attorney General Kwame Raoul last week announced that his office charged a Chicago man over his role in the thefts of multiple vehicles while he was working for the city of Chicago in the Department of Streets and Sanitation …
POSTED JANUARY 22, 2026 9:00 AM |
Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid
Beazley Plc has rejected Zurich Insurance Group AG’s £7.7 billion ($10.3 billion) takeover approach, the latest twist in the Swiss giant’s attempt to acquire the UK specialty insurer. London-listed Beazley said its board has unanimously turned down Zurich’s latest cash …
POSTED JANUARY 22, 2026 8:51 AM |
Japan’s TEPCO Pauses Nuclear Reactor Reboot Day After Milestone Restart
Tokyo Electric Power Co., Japan’s largest utility, suspended the restart process of its nuclear power plant in Niigata prefecture, less than a day after resuming its first reactor since the 2011 Fukushima disaster. TEPCO, as the utility is known, said …
POSTED JANUARY 22, 2026 8:18 AM |
Markets/Coverages: DUAL LatAm Partners With Ki to Expand Region’s Property Capacity
DUAL LatAm, part of DUAL Group, announced a significant increase in property capacity across Latin America, marking a strategic expansion of the property binder established with Brit in 2025 and reinforcing its commitment to delivering robust, reliable solutions in a …
POSTED JANUARY 22, 2026 8:01 AM |
People Moves: Fagan Joins Brown & Riding’s National Property Practice
Brown & Riding, headquartered in Dallas, Texas, hired Seth Fagan to its national property practice. Fagan has over 20 years of experience in the wholesale insurance space. He specializes in complex property risks, including, but not limited to, commercial real …
POSTED JANUARY 22, 2026 8:00 AM |
Dairy Giants Rush to Recall Infant Formula After Expanding Contamination Scare
Three of the world’s largest dairy companies are recalling and blocking batches of infant milk formula after a contamination scare that began with Nestle widened on Wednesday to French groups Danone and Lactalis. The recalls highlight how a single compromised …
POSTED JANUARY 22, 2026 7:29 AM |
Water ‘Bankruptcy’ Era Has Begun for Billions, Scientists Say
A new era has begun of “global water bankruptcy,” with humans depleting freshwater systems to the point they can’t recover, according to a new United Nations report. Three-quarters of the world’s population — about 6.1 billion people — now live …
POSTED JANUARY 22, 2026 7:09 AM |
Trump Backs Down on Greenland Tariff Threats, Rules Out Use of Force
U.S. President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out the use of force and suggested a deal was in sight to end a dispute over the Danish territory …
POSTED JANUARY 22, 2026 6:56 AM |
AI Company Eightfold Sued for Helping Companies Secretly Score Job Seekers
Eightfold AI, a venture capital-backed artificial intelligence hiring platform used by Microsoft, PayPal and many other Fortune 500 companies, is being sued for allegedly compiling reports used to screen job applicants without their knowledge. The lawsuit filed in California on …
POSTED JANUARY 22, 2026 6:34 AM |
People Moves: Crawford & Company Launches New Structure, Names Hoberman CEO of US Operations; Converge Appoints Altman CTO
Crawford & Company Announces New Operating Divisions, Appoints Hoberman CEO of US Operations Crawford & Company, headquartered in Atlanta, has announced a new global operating structure. Effective Jan. 1, Crawford operates under two divisions – U.S. Operations and International Operations. …
POSTED JANUARY 22, 2026 6:26 AM |
Pace of Insurance M&A Lagged in 2025 With No ‘Mad Dash’: OPTIS
Insurance agency mergers & acquisitions were down 12% in 2025, compared with 2024. According to investment banking and financial consulting firm OPTIS Partners, there were 695 insurance agency deals in 2025. There were 787 deals in 2024. Despite an uptick …
POSTED JANUARY 22, 2026 6:09 AM |
Falls Were Most Common Safety Violation in Washington for 20th Straight Year
Falls from heights were the most cited serious workplace safety violation by the Washington State Department of Labor & Industries for the 20th straight year. In the past four months, L&I issued $1.4 million in fines to five construction companies …
POSTED JANUARY 22, 2026 6:00 AM |
What A Community Foundation Learned Spending $100M After The LA Fires
When fires broke out across Los Angeles on Jan. 7, 2025, Miguel Santana grasped the magnitude of the catastrophe befalling his hometown sooner than most — he flew over the blazes, twice. Climbing above the LA basin on his way …
POSTED JANUARY 22, 2026 6:00 AM |
Texas Braces for Arctic Mix of Snow, Sleet, and Freezing Rain
Texans are bracing for a harsh winter storm that’s expected to plunge the entire state into subfreezing temperatures starting Friday, bringing an arctic mix of snow, sleet and freezing rain. Frigid air is blowing in from northern Canada, and according …
POSTED JANUARY 22, 2026 6:00 AM |
New Jersey Extends Licensing, Insurance Mandate to All E-Bikes
In one of his final acts in office, New Jersey Governor Phil Murphy signed legislation into law to expand regulation of motorized bicycles to include all classes of electric bikes. The measure (S4834/A6235) updates the classification, regulation, licensing, insurance and …
POSTED JANUARY 22, 2026 6:00 AM |
Gryphon Holdings Acquiring PrimeOne Insurance Company
Gryphon Holdings has entered into an agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier. PrimeOne will operate as a core underwriting platform under the Gryphon umbrella. With PrimeOne, Gryphon’s integrated platform will include: MGA incubation …
POSTED JANUARY 22, 2026 6:00 AM |