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Santam Drops US Investment as Property-Rate Dip Damps Outlook

Sep 3 2026 // Santam Ltd. has paused its foray into the US as a decline in property premium rates in the world’s biggest economy forced South Africa’s largest general insurer to rethink its expansion plan. It discontinued...

Floridians Saved Almost $3B on HO and Auto Premiums Last Year, Actuarial Report Finds

Sep 3 2026 // Average homeowner insurance rates in Florida did not decline in 2025, but they increased less than 1%, down sharply from the double-digit average increases seen in 2022 and 2023. And auto insurance rates in the state did...

Blackout Risk Rises as Heat Wave Stresses Largest US Electric Grids

Sep 3 2026 // The risk of power outages is expected to escalate across a broad swath of the United States as intense heat will test the capacity of electricity supplies serving millions of homes and businesses from the Midwest through...

Report: Medical Service Costs in California Comp Rising With Payments, Utilization

Sep 2 2026 // Medical service costs in California workers’ compensation rose 5% last year on the back of growth in both average payments and utilization, a new report shows. The Workers’ Compensation Insurance Rating Bureau...

Ross Fire Grows Into One of Largest Wildfires on Record in North Texas

Aug 28 2026 // The Ross Fire has grown into one of the largest wildfires in the Dallas-Fort Worth area’s recorded history, scorching 85,000 acres across Palo Pinto and Jack counties in just three days. The fire, which began Monday...

First US Phosphate Plant in Decades Planned Amid Global Conflict

Aug 28 2026 // Farm cooperative CHS Inc. and fertilizer producer OCP North America are proposing a $450 million phosphate fertilizer plant in Louisiana, bolstering domestic supplies as global conflicts have increasingly thwarted the flow...

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