Governor ‘Not Convinced’ California Wants to Take Over PG&E
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Description: California Gov. Gavin Newsom said he doesn’t see the state having the appetite to take over PG&E Corp., which has come under criticism recently for blackouts that hit San Francisco. “I’m not convinced” the state wants to get into the …
Full content: California Gov. Gavin Newsom said he doesn’t see the state having the appetite to take over PG&E Corp., which has come under criticism recently for blackouts that hit San Francisco. “I’m not convinced” the state wants to get into the …
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Category: West News
Date: Wed, 04 Feb 2026 18:05:21 +0000
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Business Moves: Arthur J. Gallagher Acquires Germany’s Reck & Co.; Howden Buys Polygon Insurance Brokers Ltd.; Clear Purchases Gauntlet and Shire Insurance Services
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Description: Arthur J. Gallagher Acquires Germany’s Reck & Co. Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co GmbH. Terms of the …
Full content: Arthur J. Gallagher Acquires Germany’s Reck & Co. Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co GmbH. Terms of the …
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Category: International & Reinsurance News
Date: Wed, 04 Feb 2026 17:43:25 +0000
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Ohio Couple Sentenced for Arson in $2M Insurance Fraud Scheme
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Description: An Ohio couple have been sentenced for devising a scheme to collect more than $2 million dollars in insurance money by conspiring to set insured houses on fire, the U.S. Attorney’s Office, Northern District of Ohio announced this week. Lonnie …
Full content: An Ohio couple have been sentenced for devising a scheme to collect more than $2 million dollars in insurance money by conspiring to set insured houses on fire, the U.S. Attorney’s Office, Northern District of Ohio announced this week. Lonnie …
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Category: Midwest News
Date: Wed, 04 Feb 2026 17:19:48 +0000
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Hotel Management Company sued for Discrimination at Illinois Property
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Description: Hotel Equities Group, a hotel management company, violated federal law when it failed to provide pregnancy accommodations to one employee and religious accommodations to another at an Illinois property, he U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …
Full content: Hotel Equities Group, a hotel management company, violated federal law when it failed to provide pregnancy accommodations to one employee and religious accommodations to another at an Illinois property, he U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …
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Category: Midwest News
Date: Wed, 04 Feb 2026 17:10:54 +0000
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Texas Cattle Ranchers Fear the Return of a Flesh-Eating Pest
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Description: Chris Womack is one of a dwindling number of Texas ranchers who can remember fighting the New World screwworm, a once-vanquished pest threatening to make an unwanted encore in the US after its recent return to northern Mexico. “You never …
Full content: Chris Womack is one of a dwindling number of Texas ranchers who can remember fighting the New World screwworm, a once-vanquished pest threatening to make an unwanted encore in the US after its recent return to northern Mexico. “You never …
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Category: Texas / South Central News
Date: Wed, 04 Feb 2026 16:49:54 +0000
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Texas Grid Shows How Batteries Can Help Avoid Winter Blackouts
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Description: Last month’s sprawling winter storm from Texas to New England was one of the first multi-grid tests in the US for big batteries. They passed. Texas in particular benefited from energy storage, which helped cushion the state’s grid during the …
Full content: Last month’s sprawling winter storm from Texas to New England was one of the first multi-grid tests in the US for big batteries. They passed. Texas in particular benefited from energy storage, which helped cushion the state’s grid during the …
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Category: Texas / South Central News
Date: Wed, 04 Feb 2026 16:30:10 +0000
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New Hampshire Insurance Department Says It Delivered ‘Real Value’ in 2025
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Description: The New Hampshire Insurance Department (NHID) reported that for calendar year 2025 it collected $185.62 million for the state’s General Fund and recovered $3.34 million for consumers. Insurance Commissioner DJ Bettencourt said the numbers show the department is “delivering real …
Full content: The New Hampshire Insurance Department (NHID) reported that for calendar year 2025 it collected $185.62 million for the state’s General Fund and recovered $3.34 million for consumers. Insurance Commissioner DJ Bettencourt said the numbers show the department is “delivering real …
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Category: East News
Date: Wed, 04 Feb 2026 15:32:53 +0000
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Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud
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Description: A former standout tight end for the Ole Miss Rebels, who briefly played in the NFL, faces more than 20 years in prison after he was convicted of defrauding Medicare and a veterans insurance program of $194 million. Joel Rufus …
Full content: A former standout tight end for the Ole Miss Rebels, who briefly played in the NFL, faces more than 20 years in prison after he was convicted of defrauding Medicare and a veterans insurance program of $194 million. Joel Rufus …
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Category: Southeast News
Date: Wed, 04 Feb 2026 15:24:25 +0000
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Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh
Author: L.S. Howard
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Description: Global commercial insurance rates declined by 4% in the fourth quarter of 2025, marking the sixth consecutive quarter of rate decreases, after seven years of increases, according to the Global Insurance Market Index published by Marsh Risk, a business of …
Full content: Global commercial insurance rates declined by 4% in the fourth quarter of 2025, marking the sixth consecutive quarter of rate decreases, after seven years of increases, according to the Global Insurance Market Index published by Marsh Risk, a business of …
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Category: International & Reinsurance News
Date: Wed, 04 Feb 2026 15:17:43 +0000
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Markets/Coverages: Great American Enters Travel Insurance Market With Faye
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Description: Great American Insurance Group has selected AI travel insurance platform Faye to enter the travel insurance marketplace. This marks Great American’s first expansion into travel insurance. The companies said that with limited modernization and customer frustration surrounding claims experiences, the …
Full content: Great American Insurance Group has selected AI travel insurance platform Faye to enter the travel insurance marketplace. This marks Great American’s first expansion into travel insurance. The companies said that with limited modernization and customer frustration surrounding claims experiences, the …
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Category: National News
Date: Wed, 04 Feb 2026 14:43:25 +0000
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Appeals Court Overturns Former UCLA Gynecologist’s Sex Abuse Conviction
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Description: A California appeals court on Monday overturned a sex abuse conviction against a former University of California, Los Angeles, gynecologist and ordered the case to be retried. A three-justice panel from California’s 2nd District Court of Appeal ruled Dr. James …
Full content: A California appeals court on Monday overturned a sex abuse conviction against a former University of California, Los Angeles, gynecologist and ordered the case to be retried. A three-justice panel from California’s 2nd District Court of Appeal ruled Dr. James …
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Category: West News
Date: Wed, 04 Feb 2026 14:26:40 +0000
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Massachusetts Approves Liberty Mutual Reorganization Involving 3 Domestic Mutuals
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Description: Liberty Mutual has received approval to convert three domestic mutual insurance affiliates into stock companies and then merge them into a new wholly-owned subsidiary of Liberty Mutual Holding Company (LMHC). The Massachusetts Division of Insurance has approved the reorganizations of …
Full content: Liberty Mutual has received approval to convert three domestic mutual insurance affiliates into stock companies and then merge them into a new wholly-owned subsidiary of Liberty Mutual Holding Company (LMHC). The Massachusetts Division of Insurance has approved the reorganizations of …
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Category: East News
Date: Wed, 04 Feb 2026 14:23:13 +0000
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Recreational Weed and Other Citizen Initiatives Fail to Qualify for Ballot in Florida
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Description: A proposed amendment to Florida’s constitution that would allow recreational marijuana use for adults is one of 22 citizen initiatives that failed to qualify for the 2026 ballot, state officials said. The Florida Department of State announced Sunday that none …
Full content: A proposed amendment to Florida’s constitution that would allow recreational marijuana use for adults is one of 22 citizen initiatives that failed to qualify for the 2026 ballot, state officials said. The Florida Department of State announced Sunday that none …
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Category: Southeast News
Date: Wed, 04 Feb 2026 14:16:07 +0000
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The Hanover Reports 18% Growth in Q4 Net Income
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Description: Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio remained relatively flat at 89.0 versus 89.2 the …
Full content: Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio remained relatively flat at 89.0 versus 89.2 the …
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Category: National News
Date: Wed, 04 Feb 2026 13:19:32 +0000
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Move to Ban Social Media for Kids Gains Traction Across Europe
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Description: European countries are taking their broadest swipe yet at social media, with a growing number weighing bans of the services for minors and setting the stage for a new showdown with some of the biggest US companies. The policy was …
Full content: European countries are taking their broadest swipe yet at social media, with a growing number weighing bans of the services for minors and setting the stage for a new showdown with some of the biggest US companies. The policy was …
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Category: International & Reinsurance News
Date: Wed, 04 Feb 2026 11:14:14 +0000
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Congo Fighting Drove Spike in Insurance Costs, Squeezing Miners, Insurer Says
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Description: Political violence insurance premiums in Democratic Republic of Congo jumped as much as tenfold last year due to unrest in the east, boosting insurers but lifting costs for copper-cobalt miners, insurance executives told Reuters. Rwandan-backed AFC/M23 rebels overran eastern Congo’s …
Full content: Political violence insurance premiums in Democratic Republic of Congo jumped as much as tenfold last year due to unrest in the east, boosting insurers but lifting costs for copper-cobalt miners, insurance executives told Reuters. Rwandan-backed AFC/M23 rebels overran eastern Congo’s …
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Category: International & Reinsurance News
Date: Wed, 04 Feb 2026 10:52:03 +0000
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China to Ban ‘Hidden’ Car Door Handles to Address Safety Fears
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Description: China will ban ‘hidden’ car door handles from 2027, becoming the first country to phase out a design pioneered by Tesla and adopted by Chinese competitors including Xiaomi. The hidden handle design, which functions through a key fob or mobile …
Full content: China will ban ‘hidden’ car door handles from 2027, becoming the first country to phase out a design pioneered by Tesla and adopted by Chinese competitors including Xiaomi. The hidden handle design, which functions through a key fob or mobile …
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Category: International & Reinsurance News
Date: Wed, 04 Feb 2026 10:09:43 +0000
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Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid
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Description: Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310 pence a …
Full content: Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310 pence a …
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Category: International & Reinsurance News
Date: Wed, 04 Feb 2026 09:37:03 +0000
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Elon Musk Loses Bid to Dismiss SEC Lawsuit Over Twitter Stake
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Description: A federal judge on Tuesday rejected Elon Musk’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. U.S. District Judge Sparkle Sooknanan in Washington, …
Full content: A federal judge on Tuesday rejected Elon Musk’s bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. U.S. District Judge Sparkle Sooknanan in Washington, …
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Category: National News
Date: Wed, 04 Feb 2026 06:30:49 +0000
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People Moves: Hub International Names Baldrica Chief Sales Officer, US Employee Benefits; Bernards Hired as Alternative Risk Practice Leader
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Description: Hub International Limited (HUB), headquartered in Chicago, Illinois, named Andrea Baldrica as chief sales officer of U.S. Employee Benefits. Baldrica will be responsible for driving HUB’s national employee benefits sales strategy and comprehensive growth across its employee benefits services. Baldrica …
Full content: Hub International Limited (HUB), headquartered in Chicago, Illinois, named Andrea Baldrica as chief sales officer of U.S. Employee Benefits. Baldrica will be responsible for driving HUB’s national employee benefits sales strategy and comprehensive growth across its employee benefits services. Baldrica …
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Category: National News
Date: Wed, 04 Feb 2026 06:10:45 +0000
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APCIA Testifies in Support of the Fix Our Forests Act
Author: Chad Hemenway
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Description: The American Property Casualty Insurance Association testified on Capitol Hill Jan. 3 in support of the Fix Our Forests Act. The legislation, led by Reps. Bruce Westerman, R-Ariz., and Scott Peters, D-Calif., was passed by the House following the January …
Full content: The American Property Casualty Insurance Association testified on Capitol Hill Jan. 3 in support of the Fix Our Forests Act. The legislation, led by Reps. Bruce Westerman, R-Ariz., and Scott Peters, D-Calif., was passed by the House following the January …
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Category: National News
Date: Wed, 04 Feb 2026 06:05:11 +0000
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New Association Wants Florida to Become a Major Domicile for Captives
Author: William Rabb
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Description: It’s probably too late for 2026 legislative session, but by this time next year, a newly formed Florida group hopes it will be well on its way toward a new set of laws that will help Florida become a powerhouse …
Full content: It’s probably too late for 2026 legislative session, but by this time next year, a newly formed Florida group hopes it will be well on its way toward a new set of laws that will help Florida become a powerhouse …
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Category: Southeast News
Date: Wed, 04 Feb 2026 06:01:42 +0000
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Policy Expert Ochs Is NJ Gov. Sherrill’s Choice as Banking and Insurance Commissioner
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Description: New Jersey Governor Mikie Sherrill said she will be nominate Susan Ochs, a financial services and economic policy expert, as Commissioner of the Department of Banking and Insurance (DOBI). Ochs served as a senior advisor to the head of the …
Full content: New Jersey Governor Mikie Sherrill said she will be nominate Susan Ochs, a financial services and economic policy expert, as Commissioner of the Department of Banking and Insurance (DOBI). Ochs served as a senior advisor to the head of the …
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Category: East News
Date: Wed, 04 Feb 2026 06:00:28 +0000
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Chubb Posts Record Q4 and Full Year P/C Underwriting Income, Combined Ratio
Author: Chad Hemenway
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Description: Insurer Chubb booked fourth quarter net income 24.7% higher than a year ago at about $3.2 billion. Results included record P/C underwriting income of $2.2 billion, up nearly 40% over the same period in 2024. The P/C combined ratio was …
Full content: Insurer Chubb booked fourth quarter net income 24.7% higher than a year ago at about $3.2 billion. Results included record P/C underwriting income of $2.2 billion, up nearly 40% over the same period in 2024. The P/C combined ratio was …
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Category: National News
Date: Tue, 03 Feb 2026 21:46:19 +0000
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People Moves: Marsh Names Quest as UK CEO, Succeeding Lay; TMK Taps Carpenter’s Sitki as Cyber Re U/W; Everest Promotes 2 Key Leaders in Facultative & Hybrid Re
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Description: This edition of International People Moves details appointments at Marsh, Tokio Marine Kiln (TMK), and Everest Group. A summary of these new hires follows here. Marsh Names Quest as UK CEO, Succeeding Lay Insurance broker Marsh announced the appointment of …
Full content: This edition of International People Moves details appointments at Marsh, Tokio Marine Kiln (TMK), and Everest Group. A summary of these new hires follows here. Marsh Names Quest as UK CEO, Succeeding Lay Insurance broker Marsh announced the appointment of …
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Category: International & Reinsurance News
Date: Tue, 03 Feb 2026 17:14:19 +0000
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Florida Appeals Court Blocks Punitive Damages Claim in Car-Sharing Crash Case
Author: William Rabb
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Description: Plaintiffs claiming punitive damages in lawsuits must meet a high bar, a Florida appeals court found in overturning a trial court’s decision in a fatal accident involving an online car-sharing platform. Turo Inc., a firm that connects renters with automobile …
Full content: Plaintiffs claiming punitive damages in lawsuits must meet a high bar, a Florida appeals court found in overturning a trial court’s decision in a fatal accident involving an online car-sharing platform. Turo Inc., a firm that connects renters with automobile …
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Category: Southeast News
Date: Tue, 03 Feb 2026 17:05:11 +0000
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Allianz Commerical Relocates Chicago Office
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Description: Allianz Commercial announced it is relocating its Chicago office to a newly designed workspace at 155 North Wacker Drive, located in the city’s Financial District. The new office spans nearly 28,000 square feet and was designed to support the company’s …
Full content: Allianz Commercial announced it is relocating its Chicago office to a newly designed workspace at 155 North Wacker Drive, located in the city’s Financial District. The new office spans nearly 28,000 square feet and was designed to support the company’s …
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Category: Midwest News
Date: Tue, 03 Feb 2026 16:50:56 +0000
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Specialty Program Group Launches SPG Transportation
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Description: Specialty Program Group, a specialty platform headquartered in Chicago, is consolidating its transportation businesses under a single platform: SPG Transportation. Avant Brokerage, Avant Underwriters, BizCHOICE Transportation and MOVER’S CHOICE will now operate as a unified platform – SPG Transportation. SPG …
Full content: Specialty Program Group, a specialty platform headquartered in Chicago, is consolidating its transportation businesses under a single platform: SPG Transportation. Avant Brokerage, Avant Underwriters, BizCHOICE Transportation and MOVER’S CHOICE will now operate as a unified platform – SPG Transportation. SPG …
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Category: Midwest News
Date: Tue, 03 Feb 2026 16:42:42 +0000
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Oklahoma McDonald’s Franchisee Settles Sexual Harassment Lawsuit
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Description: A McDonald’s franchisee in Oklahoma has settled a federal lawsuit alleging a teenage worker was sexually harassed by a male supervisor. Arch Fellow North, LLC, owner and operator of eight McDonald’s restaurants in eastern Oklahoma, will pay $80,000 and provide …
Full content: A McDonald’s franchisee in Oklahoma has settled a federal lawsuit alleging a teenage worker was sexually harassed by a male supervisor. Arch Fellow North, LLC, owner and operator of eight McDonald’s restaurants in eastern Oklahoma, will pay $80,000 and provide …
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Category: Texas / South Central News
Date: Tue, 03 Feb 2026 16:36:50 +0000
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Texas Data Centers to Rely on Gas Power Plants
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Description: Texas’ environmental regulator last week issued the largest air pollution permit in the country to an enormous planned complex of gas power plants and data centers near the oilfields of the Permian Basin, according to an announcement from the project’s …
Full content: Texas’ environmental regulator last week issued the largest air pollution permit in the country to an enormous planned complex of gas power plants and data centers near the oilfields of the Permian Basin, according to an announcement from the project’s …
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Category: Texas / South Central News
Date: Tue, 03 Feb 2026 16:33:13 +0000
Local date: Tue, 03 Feb 2026 16:33:13 +0000
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Language: en-US
Encoding: UTF-8
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