AM Best has assigned Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Ratings of “a-” (Excellent) to Previsor Insurance Company (Centennial, Colo., MEM Protect Insurance Company, MEM Shield Insurance Company and MEM Secure Insurance Company. The outlooks assigned …
A new law in South Dakota prohibiting the use of eminent domain to acquire land for carbon capture pipelines raises questions about the viability of a proposed 2,500 mile (4,023-kilometer) project snaking through five Midwest states. Summit Carbon Solutions, the …
Molly Kelley was stunned to discover in June that someone she knew had used widely available “nudification” technology to create highly realistic and sexually explicit videos and images of her, using family photos that were posted on social media. “My …
Alacrity Solutions Group announced the acquisition of InspectionConnection from Latitude Subrogation Services, LLC. The transaction marks Alacrity’s 16th acquisition since 2015. InspectionConnection, founded in 2018 and based in Columbus, Ohio, is a full-service appraisal and desktop review company specializing in …
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Church Mutual Insurance Company, S.I. The outlook assigned to these Credit Ratings (ratings) is negative. These ratings apply to …
Convective storms added to a year of extreme weather events that will put pressure on property insurance rates, particularly in a few hard-hit states, a new report shows. CoreLogic released its 2025 Severe Convective Storm Risk report, highlighting patterns of …
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Westfield Insurance Company and …
Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain, said Monday that the investigation into McMullen’s personal conduct was unrelated to the business, but was found to …
The Ohio Bureau of Workers’ Compensation board of directors announced a 6% rate cut for private employees effective July 1, 2025. The reduction follows a 7% rate cut for private employers last year. Ohio’s private employers will pay nearly $60 …
Iowa Attorney General Brenna Bird last week announced lawsuits against Bitcoin Depot and CoinFlip, Iowa’s two largest cryptocurrency ATM operators, over their failures that allowed Iowans to transfer millions of dollars to scammers through their kiosks. In October 2023, the …
