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NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years

Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA researchers. The results from the NASA Sea Level Change Team rely on measurements from a network of satellite altimeters along …

Arch Insurance North America Promotes First to President

Brian First has been promoted to president of Arch Insurance North America. First was promoted from chief underwriting officer of programs, property and specialty. First, who joined Arch in 2014 and has 30 years of industry experience, will now have …

Louisiana Woman Latest to Plead Guilty in Staged Auto Collision Scheme

United States Attorney Duane A. Evans announced that Florence Randle, age 70, of Gibson, Louisiana, pled guilty on November 29, 2022 to Count One (1) of her indictment, charging her with Conspiracy to Commit Mail Fraud in violation of Title …

Texas Lt. Gov. Prioritizes Electric Grid Fixes for 2023 Legislative Session

Lt. Gov. Dan Patrick on Wednesday unveiled a list of 21 legislative priorities including property tax relief, improving the reliability of the electric grid and continuing to spend money on border security funding. Patrick, who presides over the Senate and …

Bird Flu Outbreak Prompts Slaughter of 1.8M Chickens in Nebraska

OMAHA, Neb. (AP) – Nebraska agriculture officials say another 1.8 million chickens must be killed after bird flu was found on a farm in the latest sign that the outbreak that has already prompted the slaughter of more than 50 …

Michigan’s Ford Credit Company to Launch Commercial Vehicle Insurance

Michigan-based Ford Credit announced plans to launch Ford Pro Insure, a new commercial auto insurance product powered by Pie Insurance. “Ford Pro customers have come to expect a complete set of products and services that ensure their fleets are the …

AM Best Downgrades Credit Ratings of Minnesota’s RAM Mutual

AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “a” (Excellent) of RAM Mutual Insurance Company (RAM) (Esko, MN). The outlook of these Credit Ratings …

Amwins Buys Franklin Street’s Arena Special Risks Wholesale Book

Amwins, an international distributor of specialty insurance products, has purchased Atlanta-based Arena Special Risks’ wholesale business from Franklin Street. The move will allow Franklin Street to concentrate on retail insurance for the real estate market, the company said in a …

Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re

Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost global insurers an estimated $115 billion so far this year, according to a report published by Swiss …

PCF Insurance Services Acquires Georgia-based VB@Work

PCF Insurance Services, one of the larger brokerage firms in the country, has acquired Georgia-based Voluntary Benefits at Work. VB@Work, as it is abbreviated, said it designs employee benefits packages that minimize client administrative overhead. The merger will expand VB’s …

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