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AM Best Revises Outlook to Positive of Excess Reinsurance Underwriters

Nov 6 2026 // AM Best has revised the outlook to positive from stable of Excess Reinsurance Underwriters Inc. in Woodbury, New Jersey. Excess Re is a managing general underwriter specializing in medical stop loss insurance for a variety...

Stray Drones Spawn a Growing Area of the Insurance Market

Nov 5 2026 // Storms, high winds, fire hazards and equipment failure are many of the typical risks involved with the solar power industry. For the Dagda solar farm in rural Latvia, there’s now another one: drones. The owner of the...

Oklahoma Approves 4.8% Decrease in Workers’ Comp Loss Costs

Nov 4 2026 // Oklahoma Insurance Commissioner Glen Mulready announced that the Oklahoma Insurance Department (OID) has approved a 4.8% decrease in workers’ compensation insurance loss costs for 2027. This reduction means lower...

Connecticut Approves 4.9% Workers’ Compensation Decrease for 2027

Nov 4 2026 // The Connecticut Insurance Department has approved decreases in workers’ compensation rates for employers starting January 1, 2027. The voluntary market loss costs will decrease -4.9% overall, while assigned risk plan...

UK Must Expect AI-Powered Attack on Critical Infrastructure Within Two Years: Report

Nov 3 2026 // Britain should be prepared for an AI-powered cyberattack on its critical national infrastructure in the next two years, the UK’s National Cyber Security Centre said on Tuesday, adding that China was likely the best...

Munich Re Specialty Enters Australian Primary Specialty Insurance Market

Nov 2 2026 // Munich Re Specialty announced its entry into the Australian primary specialty insurance market, providing property, construction & engineering, mining, and surety insurance products to commercial and mid-market...

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