Insurance agents in north Georgia are reporting widespread damage after record flooding hit the area Thursday, Nov. 5. “It’s devastating. I have cried and prayed and cried and prayed,” said an agent who answered the phone at Appalachian Insurance Services …
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a” (Excellent) from “a-” (Excellent) of Illinois Casualty Company (ICC) and Lebanon Valley Insurance Company (LV). …
Data center opposition had been building across the country, one moratorium or blocked project at a time. Then, virtually overnight, the midterm election tilted a broad swath of the regulatory map against the AI buildout. Newly elected governors in Ohio, …
Jane Kim claimed victory over fellow Democrat Ben Allen in the race for California insurance commissioner on Friday. Kim was up by more than 400,000 votes as of Friday afternoon. As of Wednesday morning, 99.8% of precincts had reported in, …
Residents near a Greenville, Mississippi chemical plant were asked to stay indoors after part of the plant exploded, likely from a herbicide chemical that was produced at the facility. The Associated Press and local news outlets reported that the plant …
Data center developers seeking to build dozens of sprawling artificial intelligence campuses across Texas were already dealing with a suspension of approvals under Republican Texas Governor Greg Abbott. Under Gina Hinojosa, elected on Tuesday as the first Democratic governor of …
As the next step in a long-term leadership succession plan developed with its Board of Directors, Jeff Couchman will succeed Rick Long as president of the Western National Insurance Group’s pooled companies on January 1, 2027. Long, who has served …
Confie has acquires the insurance operations of TDECU (Texas Dow Employees Credit Union), one of the largest credit unions in Texas. As part of the transaction, Confie has entered into a long-term service agreement with TDECU to continue providing insurance …
Root Inc. reported third quarter 2026 net income of $14.4 million, reversing a loss of $5.4 million over the same period a year ago. For Q3 the combined ratio came in at 97.2 compared with 102.1 a year ago during …
The Missouri Department of Commerce and Insurance (DCI) announced the release of workers’ compensation rates for employers for 2027. The National Council on Compensation Insurance (NCCI) has proposed rate-neutral loss costs at 0%, keeping average rates steady for Missouri businesses. …