March 27, 2025

The devastating wildfires in Los Angeles have put a serious strain on healthcare providers, making it harder for them to serve their communities. In response, the California Department of Managed Health Care (DMHC) has issued new guidelines aimed at giving doctors, hospitals, and other medical professionals more flexibility during this crisis. What the Guidelines Mean […]

Big changes are happening in the insurance world, with two major companies making notable leadership moves. Everest Re has brought in a new Global Head of Engineering, while Aqueous Underwriting has promoted from within to fill a key role. Here’s what you need to know. Everest Re Welcomes Haines as Global Head of Engineering Everest

Good news for ISMIE Mutual Insurance Company and ISMIE Indemnity Company—AM Best has revised their outlook from negative to stable. The rating agency also reaffirmed their Financial Strength Rating of A- (Excellent) and their Long-Term Issuer Credit Rating of “a-” (Excellent). Why This Matters If you’re insured by ISMIE, this update is a reassuring sign.

If you’re a State Farm customer, there’s a new way to access personal loans—right through your insurance agent. Thanks to an expanded partnership between State Farm and U.S. Bank, agents can now help customers apply for personal loans of up to $50,000. What This Means for You Instead of searching for a lender on your

It’s not every day that a group of car thieves makes off with a fleet of brand-new Corvettes, but that’s exactly what happened in Kentucky recently. In a daring overnight heist, eight Corvettes were stolen from the lot of the Bowling Green Assembly Plant, the birthplace of Chevy’s legendary muscle car. Luckily, the story has

Sompo, the global property and casualty re/insurer, announced it has been granted licenses by the regulatory authorities to write primary insurance in Belgium and the Netherlands. Sompo said the development extends its commercial P/C insurance capabilities and product offerings in …

NASHVILLE, Tenn. (AP) — Music City Baseball is teaming with a property company in hopes of buying land that could one day serve as the home of a Major League Baseball team. The deal between Music City Baseball and Lincoln …

A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular with insurers. The lead plaintiffs, …

A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …

Hannover Re has renewed a cyber catastrophe bond that provides $20 million worth of retrocessional protection against the accumulation of losses caused by a sustained cloud-outage event during 2025-2026. Cumulus Re II is 45% larger than the first iteration of …