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Seven Indicted in Louisiana Arson Scheme to Defraud Insurers
Oct 1 2026 // Seven people were indicted this week in a years long arson-related insurance fraud scheme involving fires set intentionally in Monroe, Louisiana. The U.S. Attorney’s Office in the Western District of Louisiana...
AXA XL Launches Insurance Company, AXA XL E&S
Oct 1 2026 // AXA XL said it launched AXA XL Excess & Surplus Lines Insurance Company (AXA XL E&S), dedicated to exclusively serve wholesale brokers. This strategic move enhances AXA XL’s underwriting focus and...
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
Sep 30 2026 // In another indicator of Florida moving back to a mostly market-based property insurance system, the number of insurance agents and agencies appointed with Citizens Property Insurance has dropped in the last...
A-Cap Insurers Agree to Mediation in Rehab Dispute with SCDOI Director
Sep 29 2026 // Advantage Capital Holdings, parent of Atlantic Coast Life Insurance and Southern Atlantic Re, has dropped its lawsuit against the South Carolina insurance department director and has agreed to mediation instead. “The...
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years
Sep 29 2026 // U.S. homeowners multiperil insurers reversed a $1.3 billion underwriting loss in 2024 to post an underwriting profit of $16.5 billion in 2025 – the line’s first underwriting gain since 2019, said AM Best. In fact,...
Insurers Agree to Pay $177M Into Buffalo Diocese Child Victim Compensation Fund
Sep 29 2026 // The Diocese of Buffalo, New York, has reached a settlement in which insurers will contribute $177 million to a fund to compensate victims of clergy sexual abuse. The insurers’ contribution is in addition to the...
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