28 07, 2026

AM Revises Outlook to Positive for Texas’ Standard Casualty

By | July 28th, 2026|Uncategorized|Comments Off on AM Revises Outlook to Positive for Texas’ Standard Casualty

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Standard Casualty Company, based …

28 07, 2026

Enterprise Risk Associates Acquires Texas’ Hamann Insurance Group

By | July 28th, 2026|Uncategorized|Comments Off on Enterprise Risk Associates Acquires Texas’ Hamann Insurance Group

Enterprise Risk Associates announced the acquisition of Hamann Insurance Group of Katy, Texas on June 17, 2026. Terms of the transaction were not disclosed. For more than 45 years, Hamann Insurance Group has been serving both commercial and individual clients …

28 07, 2026

People Moves: World Insurance Names Milford Chief Broking Officer

By | July 28th, 2026|Uncategorized|Comments Off on People Moves: World Insurance Names Milford Chief Broking Officer

Betsey Milord joined World Insurance Associates LLC (World), headquartered in Iselin, New Jersey, as chief broking officer. Milord will lead World’s broking organization. With more than 30 years of industry experience, Milord joins World after a decade at Marsh, where …

28 07, 2026

EF3 Tornado Causes Severe Damage in Northeastern Wisconsin

By | July 28th, 2026|Uncategorized|Comments Off on EF3 Tornado Causes Severe Damage in Northeastern Wisconsin

A tornado that caused severe damage in northeastern Wisconsin on July 27 has been preliminarily ruled as an EF3, the National Weather Service said. The tornado stayed on the ground for more than 20 minutes, damaging homes and businesses in …

24 07, 2026

WCIRB: California Comp Premium Leveled off, But CT Claims Frequency Rose

By | July 24th, 2026|Uncategorized|Comments Off on WCIRB: California Comp Premium Leveled off, But CT Claims Frequency Rose

California workers’ compensation premium growth leveled off as rates stabilize, but rising cumulative trauma claims continue to drive claim frequency higher, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its 2026 State of the System …

24 07, 2026

Florida Teen Suing Meta Over Mental Health Harm Drops Claims Days Before Trial

By | July 24th, 2026|Uncategorized|Comments Off on Florida Teen Suing Meta Over Mental Health Harm Drops Claims Days Before Trial

A Florida teen dropped his lawsuit on Wednesday against Meta Platforms META.O, canceling a Los Angeles trial over claims the social media company’s apps caused his depression and anxiety. The trial, which had been slated to begin on Monday, was …

24 07, 2026

Can Captive’s Hands-On Vetting of Bars Provide Answer to SC Liquor Liability Crisis?

By | July 24th, 2026|Uncategorized|Comments Off on Can Captive’s Hands-On Vetting of Bars Provide Answer to SC Liquor Liability Crisis?

For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their …

24 07, 2026

Liberty Mutual Introduces Its Newest Brand Character: Liberty Biberty

By | July 24th, 2026|Uncategorized|Comments Off on Liberty Mutual Introduces Its Newest Brand Character: Liberty Biberty

Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm, fuzzy feeling you get when you have great coverage at a great price. Liberty Mutual first introduced the phrase “Liberty …

24 07, 2026

Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal

By | July 24th, 2026|Uncategorized|Comments Off on Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal

Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms also agreed to enter a …

24 07, 2026

Russia’s Black Sea Waters Not Safe for Ships Amid Attacks, Moscow Warns

By | July 24th, 2026|Uncategorized|Comments Off on Russia’s Black Sea Waters Not Safe for Ships Amid Attacks, Moscow Warns

Moscow warned that it is unsafe to navigate in its Black Sea waters after Ukraine has been ramping up attacks on Russia-linked ships in the area. The warning was addressed to all vessels in Russia’s exclusive economic zone in the …