Louisiana Insurers Must Disclose Prior Policy Premiums Under Controversial New Law
Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder. Louisiana Insurance Commissioner Tim Temple sent an advisory letter to insurers this week notifying …
California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients
The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the surplus lines …
State Farm Implements 27% Rate Increase for Illinois Homeowners
State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike has drawn the ire of …
Diageo Calls Tequila Purity Allegation ‘Baseless’ as Lawsuit Proceeds
Diageo on Monday filed an initial response to a lawsuit accusing the spirits giant of misleading U.S. consumers about the purity of some of its popular tequila brands, calling the claim “baseless.” The company, which also owns whisky brands such …
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile
The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the London market. The government aims to deliver …
People Moves: BMS Appoints Wilson as Director in Canadian Retail Division; WTW Promotes Cousins to Head of London Market Claims
This edition of International People Moves details appointments at brokers BMS and Willis. A summary of these new hires follows here. BMS Appoints Wilson as Director in Canadian Retail Division BMS, the independent insurance and reinsurance broker, announced the appointment …
US Vehicle Recalls Reach Highest Level in Over a Year
More than 7.3 million vehicles were recalled between April and June, according to according to BizzyCar’s Q2 2025 Recall Report. The AI-driven, automated Service Recall Management Platform for auto dealers indicates the sharp rise in U.S. vehicle recalls marks the …
Missouri Governor Repeals Guaranteed Paid Sick Leave Law
Eight months after voters approved it, Missouri Gov. Mike Kehoe signed the repeal of a law Thursday that had guaranteed paid sick leave to workers and inflationary adjustments to the minimum wage. The move marked a major victory for the …
MGA Nexus Underwriting’s CEO Rouse Faces Internal Investigation for ‘Offensive’ Email
Nexus Underwriting, the London-based managing general agent, is investigating a “wholly inappropriate and offensive ” email sent by CEO Stuart Rouse. “We are aware of an internal email that has been shared externally and contains language and references that are …
FEMA Removed Several Camp Mystic Buildings From 100-Year Flood Map, Records Show
Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, loosening oversight as the camp operated and expanded in a dangerous flood plain in the years before rushing waters swept away children and counselors, a …
Unhealthy Smoke From Canadian Wildfires Blankets Upper Midwest
Much of the Upper Midwest on Saturday was dealing with swaths of unhealthy air because of drifting smoke from Canadian wildfires, covering the northern region of the U.S. at a time when people want to be enjoying lakes, trails and …
NHTSA Opens Recall Query Into Over 27,000 Polestar 2 Vehicles
The U.S. National Highway Traffic Safety Administration said on Friday it had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image. A recall query is an investigation opened …
Markets/Coverages: HDI Global, Parametric Insurer Descartes Launch EQ Cover in Japan
The Japan branch of Germany-based corporate & specialty insurer HDI Global SE, part of Talanx AG, has received regulatory authorization in Japan to offer parametric earthquake insurance. HDI Global collaborated with Paris-based Descartes Underwriting SA, a leader in corporate parametric …
Wildfire Destroyed Historic Grand Canyon Lodge After Being Allowed to Burn
A wildfire raging along the Grand Canyon’s North Rim that leveled a historic lodge erupted over the weekend after burning for more than a week, raising scrutiny over the National Park Service’s decision not to aggressively attack the fire right …
Ships Look to Dodge Red Sea Attacks With ‘All-Crew-Muslim’ Messages
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen’s Houthis after deadly attacks this week by the militia. The Red Sea …
Nursing Homes Struggle With Trump’s Immigration Crackdown
Nursing homes already struggling to recruit staff are now grappling with President Donald Trump’s attack on one of their few reliable sources of workers: immigration. Facilities for older adults and disabled people are reporting the sporadic loss of employees who …
Meta Investors, Zuckerberg Square Off at $8B Trial Over Alleged Privacy Violations
Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the Meta CEO is accused of operating Facebook as an illegal enterprise that allowed users’ data to …
Tesla Goes to Trial Over Fatal Autopilot Crash in Florida
Tesla Inc. will stand trial over claims that the company is partly to blame for a fatal 2019 crash in Florida that occurred when the Autopilot system in a Model S allegedly failed to detect a parked SUV. Family members …
Fire at Massachusetts Assisted Living Facility Takes 9 Lives, Injures 30
Nine people have died in a fire at an assisted living facility in Massachusetts, where people were hanging out of windows screaming for help, authorities said Monday. At least 30 people were injured. Firefighters responded to the Gabriel House assisted …
90 Patients Safely Relocated Amid North Carolina Health Facility Fire
About 90 patients at a North Carolina rehabilitation facility that suffered a structure fire have been safely moved and housed in other facilities, first responders in Burke County reported last night. Crews were dispatched shortly before 1 p.m. to the …