Settlement Reached in North Dakota Lawsuit Against White Nationalist Hate Group
Two North Dakota nonprofits have settled their lawsuit against a white nationalist hate group that alleged it intimidated immigrant business owners, though the details are unclear. A court docket entry last week gave notice of the settlement following a conference …
Renewal Rates Up YOY for All Commercial Lines Except Workers Comp: Ivans
Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index. Month over month, commercial auto, business owners policy (BOP), and commercial property experienced decreases in …
Los Angeles Sees Mudslides With Heavy Rains
Heavy rains caused flooding and mudslides in Los Angeles late Thursday and early Friday, as authorities ordered evacuations and warned of potentially dangerous conditions across land burned by last month’s devastating wildfires. About half a foot of rain has fallen …
North Carolina Lawmakers Amend Hurricane Helene Recovery Measure
RALEIGH, N.C. (AP) — North Carolina House members advanced Wednesday a Republican package to boost state recovery funding after Hurricane Helene as committees fleshed out details on how best to spend another $500 million to address the historic flooding. The …
PG&E Needs California’s Help to Calm Investors Post-Fire, CEO Says
PG&E Corp. wants California to promptly shore up the state’s $21 billion insurance fund for utilities that is at risk of being drained following the recent devastating fires in the Los Angeles area. Investors are concerned that if neighboring utility …
Rare Bipartisan Push for Ban on Machine Gun Conversion in Alabama
MONTGOMERY, Ala. (AP) — A bipartisan coalition of mayors, lawmakers and law enforcement in Alabama endorsed a public safety package on Thursday that would ban the devices that convert semi-automatic weapons into machine guns — a rare consensus on gun …
Bird Flu Signs Found in Three Veterinarians Suggest Wider US Spread
Signs of recent bird flu infection were found in three US veterinarians, two of whom had no known prior exposure, researchers said, suggesting potentially wider spread of the dangerous virus than has been suspected. One of the veterinarians worked with …
Virginia Attorney General’s Office Hit by Cyber Attack
Virginia State Police and the Federal Bureau of Investigation (FBI) are investigating a “sophisticated cyberattack” that struck the Richmond offices of Virginia Attorney General Jason S. Miyares on Wednesday. After learning of the incident, the agency shut down its computer …
New York’s Top Court Weighs Child Victim Act Lawsuit Standards
Lawyers sparred before New York’s top court Wednesday over how specific a man alleging sexual abuse decades ago needs to be in his lawsuit against the state in a case that’s being watched by advocates concerned about the legal standards …
Powerful Tropical Cyclone Zelia Hits Australia’s Iron Ore Hub
Tropical Cyclone Zelia made landfall on Australia’s west coast on Friday, the weather bureau said, lashing the world’s largest iron ore hub with heavy rain and wind gusts up to 290 kph (180 mph). The eye of the storm crossed …
Sompo Holdings Restructures Business Into 2 Global Segments
Sompo Holdings Inc., the Tokyo-based insurance holding company, announced it is restructuring its business into two global segments: Sompo Property and Casualty re/insurance (Sompo P&C), and Sompo Wellbeing, effective April 1, 2025. The simplified organization provides a resilient, innovative and …
Coca-Cola, PepsiCo Planning to Comply With Trump’s DEI Policy
Coca-Cola Co. and PepsiCo Inc., both government contractors, are preparing to comply with President Donald Trump’s executive order banning diversity, equity and inclusion programs, according to people familiar with the matter. Coca-Cola, which provides beverages on military bases and in …
Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984
Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex said it has worked with its advisers Gallagher Re and Asta, which …
Markets/Coverages: Mosaic Launches Combined General, Environmental Liability Cover
Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution and professional coverages. The company’s new Site Pollution & General Liability (SGL) form provides primary and excess (supported and unsupported) …
Which Companies Are Pulling Back on Diversity Initiatives?
A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in …
Mexico’s Sheinbaum Threatens to Sue Google Over ‘Gulf of America’ Maps Change
Mexico President Claudia Sheinbaum threatened a civil lawsuit against Google for renaming the Gulf of Mexico to Gulf of America on its maps service following an executive order Donald Trump signed after taking office. Sheinbaum insisted Thursday that Alphabet Inc.’s …
Trump Hostility to US Offshore Wind Reverberates Through Supply Chain
Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as the projects they were meant to serve face huge setbacks, including President Donald Trump’s plan to end federal support. The pullback reflects …
Florida-Based The Liberty Company Keeps Growing, Now With $100M Credit Offering
Gainesville, Florida-based The Liberty Company Insurance Brokers, calling itself one of the fastest-growing privately held brokerages in the country, is set to grow a little more this year, thanks to a $100 million line of credit. The brokerage announced this …
Alliant Names Foley VP in Benefits, Based in Tennessee
Alliant Insurance Services, one of the largest U.S. insurance brokers and distributors, has named Connor Foley vice president in its employee benefits group. He is based in Tennessee, Alliant said in a news release. Foley has considerable experience working with …
Viewpoint: The Recipe for Building a Successful MGA
The managing general agency model is attracting a number of ambitious underwriters keen to step away from established insurers to build nimble, specialized, and client-focused MGAs. For many, launching an MGA is a chance to offer a more tailored approach …

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