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30 01, 2026

Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium

By | January 30th, 2026|Uncategorized|Comments Off on Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium

Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber product designed to protect clients from a broad range of cyber-related perils, including physical damage. BCAP, led by Brit Syndicate …

29 01, 2026

New Wrong-Way Detection System Cut Crashes on Michigan Highway

By | January 29th, 2026|Uncategorized|Comments Off on 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. …

30 01, 2026

Danone Recalls Batches of Aptamil Baby Formula in Germany, Letter Shows

By | January 30th, 2026|Uncategorized|Comments Off on Danone Recalls Batches of Aptamil Baby Formula in Germany, Letter Shows

Danone has recalled at least three batches of its Aptamil baby formula in Germany, a letter to a wholesaler showed on Thursday, as the French food producer scrambles to contain a scare over a toxin contamination that started with Nestle …

30 01, 2026

Worries Deepened in South After Days of Snow, Ice and Power Outages

By | January 30th, 2026|Uncategorized|Comments Off on Worries Deepened in South After Days of Snow, Ice and Power Outages

Conditions were dire earlier this week in parts of the South still reeling from subfreezing temperatures and widespread power outages as vehicles got stranded for hours on major highways and officials warned that people stuck at home were running out …

29 01, 2026

Another Opportunity for Private Flood Insurers as Another Lapse Looms for NFIP

By | January 29th, 2026|Uncategorized|Comments Off on 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 …

30 01, 2026

USAA Prevails in MSP Recovery’s Latest Class-Action Attempt

By | January 30th, 2026|Uncategorized|Comments Off on USAA Prevails in MSP Recovery’s Latest Class-Action Attempt

MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts in a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …

30 01, 2026

E&S Premium Growth Moderates Through Nine Months of 2025

By | January 30th, 2026|Uncategorized|Comments Off on E&S Premium Growth Moderates Through Nine Months of 2025

The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years …

29 01, 2026

AM Best Revises Outlook to Positive for Texas’ Aventus

By | January 29th, 2026|Uncategorized|Comments Off on 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 …

30 01, 2026

People Moves: Trucordia Names Nelson VP of Public Relations; Hub Hires Ackerman as SVP, Private Client Risk Services

By | January 30th, 2026|Uncategorized|Comments Off on People Moves: Trucordia Names Nelson VP of Public Relations; Hub Hires Ackerman as SVP, Private Client Risk Services

Trucordia Appoints Nelson as VP of Public Relations Trucordia hired Jason Nelson as vice president of public relations, a new role focused on the firm’s PR strategy, media presence, community engagement and brand. Nelson has more than two decades of …

30 01, 2026

Florida Committees Approve MGA, Litigation Funding Restriction Bills

By | January 30th, 2026|Uncategorized|Comments Off on Florida Committees Approve MGA, Litigation Funding Restriction Bills

Florida legislative committees approved two bills this week that could impact property-casualty insurance in the state. One would put some restrictions on litigation financing and the other would force more transparency on insurers’ payments to managing general agencies. The bills’ …