Florida OIR Slams Committee-Approved Clearinghouse Bill Changes as ‘Illusory’ February 25, 2026 By William Rabb With no debate and little discussion, a final Florida House committee on Tuesday approved a bill that would set up...
Sompo Holdings Completes Acquisition of Aspen, Taking it Private February 24, 2026 By L.S. Howard A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has finalized its $3.5 billion acquisition of Aspen Insurance Holdings...
Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case February 24, 2026 By William Rabb In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply,...
Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent February 24, 2026 By Andrew G. Simpson Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without...
Berkshire’s Pacificorp Pays $575M to Settle Oregon, California Wildfire Claims February 23, 2026 By Jonathan Stempel PacifiCorp, a utility owned by Berkshire Hathaway, agreed to pay $575 million to resolve U.S. government damages claims related to...
How the UK Is Keeping Flood Insurance Affordable – Until 2039 February 20, 2026 By Meilan Yan, Dalu Zhang and Neil Gunn While floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance....
Texas Fire Threat to Worsen as Oklahoma Panhandle Burns February 20, 2026 By Lauren Rosenthal A fast-moving wildfire in the Oklahoma panhandle doubled in size as it pressed into Kansas while winds threatened to shift...
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan February 19, 2026 By William Rabb Just days before a final committee vote on a bill that would establish a clearinghouse for Citizens’ commercial policies, Florida’s...
State Drops Charges Against NJ Political Power Broker, Insurance Exec Norcross February 19, 2026 By Bruce Shipkowski New Jersey’s acting attorney general said Tuesday she will not ask the state Supreme Court to review the dismissal of...
Business Moves: BayPine to Acquire Broker Relation From Aquiline February 18, 2026 Private equity firm Aquiline Capital said it has entered into a definitive agreement to sell independent insurance broker Relation to...