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Florida’s Mangrove Insurance Launches Sidecar Reinsurance Vehicle
Aug 11 2026 // St. Petersburg-based Mangrove Property Insurance, launched two years ago, has created its own reinsurance sidecar, the company announced. Grove Re Ltd., domiciled in Bermuda, will be a Class 3A insurer, designed to support...
California Sees Second Straight Year of Vehicle Theft Declines
Aug 7 2026 // California recorded its second straight year of declining vehicle thefts last year, the California Highway Patrol is reporting. According to the CHP’s, thieves stole roughly 133,000 vehicles in California in 2025,...
Auto Insurer Root Inc. Reports 12% Increase in Q2 Net Income
Aug 6 2026 // Root Inc. reported second quarter 2026 net income of $25.4 million, an increase of 15% over the same period a year ago. For Q2 the combined ratio came in at 92.1 compared with 95.2 a year ago during the same time. In a...
LDI Introduces One-Time Process for Military Auto Insurance Discount
Aug 5 2026 // The Louisiana Department of Insurance has revised the application process for military members to receive a 25% discount on the liability portion of their auto insurance premium. Under a bulletin issued this week by...
People Moves: Antares Names Leadership Team After Death of CEO van der Straaten
Aug 5 2026 // Following the passing of CEO Michael van der Straaten in July, Antares Global, the specialist re/insurance group, has announced its new leadership structure. Oversight of the Antares Global’s business will remain...
‘Tow Godz’ and Auto Glass Businessmen Charged in Carolina Fraud Schemes
Aug 3 2026 // Two Carolina businessmen were charged with auto insurance fraud in separate schemes that involved made-up tow truck charges and windshields that were never replaced. In Myrtle Beach, South Carolina, state authorities last...
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