Insurance Journal
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) of Aventus Insurance Company based in Fort Worth, Texas. These Credit...
Posted: Jan 29, 2026
It’s getting harder to afford living in Texas — even as incomes and educational attainment grow and poverty declines. Despite the state’s robust economic growth since the start of the decade, incomes in Texas haven’t kept pace with...
Posted: Jan 29, 2026
While wrong-way crashes are increasing statewide in Michigan, one major highway is seeing the opposite trend. Since new wrong-way detection systems went up on US 131 in Grand Rapids, crashes have dropped more than 50%, according to state transportati...
Posted: Jan 29, 2026
The clock is ticking on the National Flood Insurance Program—again. The NFIP is part of the federal funding package, which is set to expire at midnight Jan. 30. Unless Congress compromises on several issues, namely funding for the Department of ̷...
Posted: Jan 29, 2026
The clock is ticking on the National Flood Insurance Program—again. The NFIP is part of the federal funding package, which is set to expire at the end of Jan. 30. Unless Congress compromises on several issues, namely funding for the …
Posted: Jan 29, 2026
For many of the nearly 28 years since the Tampa Bay Rays held their inaugural game in St. Petersburg’s domed stadium, they have been looking for a bigger, better deal. Tropicana Field’s location, across Tampa Bay from the much-larger popu...
Posted: Jan 29, 2026
An Alabama insurance agent running for governor is challenging U.S. Sen. Tommy Tuberville’s eligibility to seek the office, accusing the football coach-turned-politician of not meeting the legal requirement to have lived in the state for seven...
Posted: Jan 29, 2026
Europe’s food safety regulator will publish advice on what is an acceptable level of the toxin currently at the heart of one of the biggest infant formula recalls in history. The European Food Safety Authority will establish an “acute ref...
Posted: Jan 29, 2026
A fire in a commercial plaza in Thomaston, Connecticut damaged five businesses including a popular restaurant, Patti’s Place. Firefighters battled the building fire on Park Street late Tuesday night and into Wednesday morning. “Crews star...
Posted: Jan 29, 2026
A wave of cyberattacks has hit Bumble Inc., Panera Bread Co., Match Group Inc., and CrunchBase Inc., as cybersecurity experts warn about a new round of social engineering attacks targeting US companies. Bumble Inc., the parent company of dating apps...
Posted: Jan 29, 2026
Arch Insurance International (Arch) announced the launch of its event cancellation cyber coverage, which is available through both the London market and Arch’s instant quote and bind platform, Arch IQ. Offered as a cyber extension to an event c...
Posted: Jan 29, 2026
The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on Wednesday. The United States has been carrying out a months-long effort to seize oil tankers linked to Venezuela – …
Posted: Jan 29, 2026
Australia hit a new clean energy milestone during the December quarter, even as power demand rose over 2.2% from a year earlier, the Australian Energy Market Operator (AEMO) said on Thursday. Gas-fired generation fell to its lowest level since 2000,...
Posted: Jan 29, 2026
Losses tied to floods in Southeast Asia may grow as much as 10-fold in the coming years due to the rise of extreme weather events, according to Willis Towers Watson Plc. Early indications suggest that major regional flooding events have …
Posted: Jan 29, 2026
W.R Berkley reported a “flattish” top line but nearly 15% growth in underwriting income for fourth-quarter 2025 this week. The insurer’s chief executive signaled a change in the level of rate increases going forward. President and C...
Posted: Jan 29, 2026
W.R Berkley reported a “flattish” top line but nearly 15% growth in underwriting income for fourth-quarter 2025 this week. The insurer’s chief executive signaled a change in the level of rate increases going forward. President and C...
Posted: Jan 29, 2026
Marsh Risk Expands US Surety Team With 3 Leadership Appointments Marsh Risk, headquartered in New York City, made three leadership appointments. Jimmy Tse was named U.S. financial institutions surety growth leader. Tse has 20 years of experience in f...
Posted: Jan 29, 2026
A second Russia-linked oil tanker lost control as it was entering the Mediterranean Sea in under a week. The medium-range vessel Chariot Tide first showed signs of difficulty as it approached Tangier, Morocco, on Jan. 21, when its speed abruptly R...
Posted: Jan 29, 2026
A second Russia-linked oil tanker lost control as it was entering the Mediterranean Sea in under a week. The medium-range vessel Chariot Tide first showed signs of difficulty as it approached Tangier, Morocco, on Jan. 21, when its speed abruptly R...
Posted: Jan 29, 2026
The US Marshals Service, which provides custody of cryptocurrencies seized by or forfeited to federal law enforcement agencies, said it’s investigating a possible hack of US government digital-asset accounts. “At this time, we will not be...
Posted: Jan 29, 2026
Breakdown cover and car insurance company RAC is close to selecting banks to lead its initial public offering in London, according to people familiar with the matter. The nearly 130-year-old firm is set to pick Goldman Sachs Group Inc., Bank …
Posted: Jan 29, 2026
A major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at brokerage UBS said in a note. The heavy storm has left much of the central and …
Posted: Jan 29, 2026
Spending $7,500 on home repairs may not seem like much in 2026. But a bill approved by a Florida House of Representatives panel on Wednesday would allow construction work below that threshold without a building permit, a change that could …
Posted: Jan 29, 2026
Spending $7,500 on home repairs may not seem like much in 2026. But a bill approved by a Florida House of Representatives panel on Wednesday would allow construction work below that threshold without a building permit, a change that could …
Posted: Jan 29, 2026
The U.S. Department of Commerce is preparing to open a national artificial-intelligence center in San Francisco, putting it closer to firms at the center of some of the government’s most high-profile initiatives. In addition to the Bay Area, AI...
Posted: Jan 29, 2026