American Farmers Shun USDA Surveys as Trust in Data Erodes
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Description: American farmers are ignoring US Department of Agriculture surveys in the latest sign of distrust in government data. Reply rates for the USDA’s annual prospective planting report sank in March to a record low, with just over a third of …
Full content: American farmers are ignoring US Department of Agriculture surveys in the latest sign of distrust in government data. Reply rates for the USDA’s annual prospective planting report sank in March to a record low, with just over a third of …
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Category: Midwest News
Date: Mon, 04 May 2026 16:50:59 +0000
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Massive Explosion at NYC Home Sends Police Officers Flying
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Description: A massive, fiery explosion at a house in Queens sent several New York City police officers flying through the air early last Thursday morning as they were responding to a call of a man inside armed with a knife and …
Full content: A massive, fiery explosion at a house in Queens sent several New York City police officers flying through the air early last Thursday morning as they were responding to a call of a man inside armed with a knife and …
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Category: East News
Date: Mon, 04 May 2026 16:38:11 +0000
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Kansas Man Sentenced for Insurance Fraud
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Description: Kansas Insurance Commissioner Vicki Schmidt announced a Wyandotte County man has been sentenced to 16 months in prison for insurance fraud. Christopher Dunn, aged 33, pleaded guilty on March 2, 2026, in Wyandotte County District Court to one felony count …
Full content: Kansas Insurance Commissioner Vicki Schmidt announced a Wyandotte County man has been sentenced to 16 months in prison for insurance fraud. Christopher Dunn, aged 33, pleaded guilty on March 2, 2026, in Wyandotte County District Court to one felony count …
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Category: Midwest News
Date: Mon, 04 May 2026 16:33:23 +0000
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Westcap Launches Excess Liability Product
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Description: Westcap Insurance Services announced the launch of its new Excess Liability product, further enhancing its ability to deliver comprehensive risk solutions to clients in the construction and manufacturing sectors. The new offering is designed to complement existing coverages by providing …
Full content: Westcap Insurance Services announced the launch of its new Excess Liability product, further enhancing its ability to deliver comprehensive risk solutions to clients in the construction and manufacturing sectors. The new offering is designed to complement existing coverages by providing …
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Category: Midwest News
Date: Mon, 04 May 2026 16:28:25 +0000
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Study Suggests Federal Action to Realize Insurance Savings
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Description: A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
Full content: A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
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Category: National News
Date: Mon, 04 May 2026 16:13:28 +0000
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California Taking Action Against State Farm Over LA Wildfire Claims
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Description: The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance …
Full content: The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance …
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Category: West News
Date: Mon, 04 May 2026 15:00:44 +0000
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UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial
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Description: Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday [May 1] in the English leg of the companies’ global licensing dispute. ZTE has brought …
Full content: Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday [May 1] in the English leg of the companies’ global licensing dispute. ZTE has brought …
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Category: International & Reinsurance News
Date: Mon, 04 May 2026 14:44:41 +0000
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New Mexico Seeks Changes to Meta Platforms in Youth Harm Trial
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Description: A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …
Full content: A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …
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Category: West News
Date: Mon, 04 May 2026 14:36:40 +0000
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Oliver Wyman to Acquire Restructuring Specialist CR3 Partners
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Description: Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. …
Full content: Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. …
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Category: National News
Date: Mon, 04 May 2026 14:31:08 +0000
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Most Are Overcharged for Property Insurance, Vanderbilt Study Says
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Description: A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
Full content: A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
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Category: Southeast News
Date: Mon, 04 May 2026 13:42:29 +0000
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United Jet Hits Truck and Light Pole on Turnpike in Landing at Newark Airport
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Description: A United Airlines aircraft on Sunday struck a light pole and a trailer during its final approach to Newark Liberty International Airport, the New Jersey State Police said. The underside and tire of United Airlines Flight 169 struck a light …
Full content: A United Airlines aircraft on Sunday struck a light pole and a trailer during its final approach to Newark Liberty International Airport, the New Jersey State Police said. The underside and tire of United Airlines Flight 169 struck a light …
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Category: East News
Date: Mon, 04 May 2026 11:44:02 +0000
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Hedge Fund Fermat Invests in First-of-a-Kind Catastrophe Bonds
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Description: Fermat Capital Management has invested in the Asian Development Bank’s first-ever catastrophe bonds, designed to shield Kyrgyzstan and Tajikistan against specific types of natural disasters. The two sovereign bonds — each $80 million in size and with a three-year tenor …
Full content: Fermat Capital Management has invested in the Asian Development Bank’s first-ever catastrophe bonds, designed to shield Kyrgyzstan and Tajikistan against specific types of natural disasters. The two sovereign bonds — each $80 million in size and with a three-year tenor …
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Category: International & Reinsurance News
Date: Mon, 04 May 2026 11:31:33 +0000
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FEMA Tells Court It’s Offering Jobs Back to Employees Let Go in January
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Description: An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to disaster workers whose contracts the agency did not renew in January, reversing a controversial decision …
Full content: An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to disaster workers whose contracts the agency did not renew in January, reversing a controversial decision …
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Category: National News
Date: Mon, 04 May 2026 11:31:12 +0000
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US Says it Has Missile Destroyers in Gulf and 2 American Ships Have Crossed Hormuz
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Description: The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering …
Full content: The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering …
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Category: International & Reinsurance News
Date: Mon, 04 May 2026 11:15:33 +0000
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Trump Administration Targets Dismantling of Already-Weakened DEI
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Description: After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives. Last week it was a review of Walt Disney Co. television station …
Full content: After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives. Last week it was a review of Walt Disney Co. television station …
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Category: National News
Date: Mon, 04 May 2026 10:49:46 +0000
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Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says
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Description: Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked to a cruise ship in the Atlantic Ocean, the World Health Organization said Sunday. One case has been confirmed by …
Full content: Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked to a cruise ship in the Atlantic Ocean, the World Health Organization said Sunday. One case has been confirmed by …
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Category: International & Reinsurance News
Date: Mon, 04 May 2026 10:33:11 +0000
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China’s Unprecedented Defiance of US Sanctions Triggers Showdown
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Description: China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension rises between the world’s largest economies. Beijing has often railed against unilateral sanctions …
Full content: China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension rises between the world’s largest economies. Beijing has often railed against unilateral sanctions …
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Category: International & Reinsurance News
Date: Mon, 04 May 2026 09:50:57 +0000
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Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses
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Description: The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing dated April 30, Switzerland-based Mercuria said …
Full content: The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing dated April 30, Switzerland-based Mercuria said …
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Category: International & Reinsurance News
Date: Mon, 04 May 2026 09:13:03 +0000
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Plane Crashes in Texas Hill Country, Killing 5 Pickleball Players
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Description: Five members of a pickleball club who died after the small plane carrying them crashed in Texas are being mourned by a tight-knit community of fellow players. The Texas Department of Public Safety confirmed Saturday that Justin Appling, Hayden Dillard, …
Full content: Five members of a pickleball club who died after the small plane carrying them crashed in Texas are being mourned by a tight-knit community of fellow players. The Texas Department of Public Safety confirmed Saturday that Justin Appling, Hayden Dillard, …
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Category: Texas / South Central News
Date: Mon, 04 May 2026 07:00:53 +0000
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SpaceX Sued for Alleged Home Damage in South Texas
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Description: A group of 80 South Texas plaintiffs are suing Elon Musk’s aerospace company SpaceX, alleging its rocket testing caused “massive” sonic booms that damaged their houses repeatedly over a two-year period. The lawsuit was filed in the U.S. Southern District …
Full content: A group of 80 South Texas plaintiffs are suing Elon Musk’s aerospace company SpaceX, alleging its rocket testing caused “massive” sonic booms that damaged their houses repeatedly over a two-year period. The lawsuit was filed in the U.S. Southern District …
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Category: Texas / South Central News
Date: Mon, 04 May 2026 06:00:13 +0000
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CISA Weighs Cutting Deadlines to Fix Digital Flaws Amid Worries Over AI
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Description: U.S. cybersecurity officials are considering sharply shorter deadlines for fixing critical flaws in government IT systems, amid concerns hackers could exploit them using artificial‑intelligence tools such as Anthropic’s Mythos, people familiar with the matter said. The move, which has not …
Full content: U.S. cybersecurity officials are considering sharply shorter deadlines for fixing critical flaws in government IT systems, amid concerns hackers could exploit them using artificial‑intelligence tools such as Anthropic’s Mythos, people familiar with the matter said. The move, which has not …
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Category: National News
Date: Mon, 04 May 2026 05:15:55 +0000
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Misclassification Costs Workers, Social Insurance
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Description: As many as 10–30% of employers misclassify workers at an enormous cost to both workers and social insurance systems. New analysis from the National Employment Law Project, focusing on state-level reports on employee misclassification, estimates that social insurance systems can …
Full content: As many as 10–30% of employers misclassify workers at an enormous cost to both workers and social insurance systems. New analysis from the National Employment Law Project, focusing on state-level reports on employee misclassification, estimates that social insurance systems can …
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Category: National News
Date: Mon, 04 May 2026 05:12:15 +0000
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KBRA Assigns Issuer Rating to Universal as Q1 Results Mark ‘Fantastic’ Start to 2026
Author: William Rabb
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Description: KBRA, the Kroll Bond Rating Agency, has assigned a BBB issuer rating to Universal Insurance Holdings, along with a BBB credit rating, ahead of the Florida insurance holding company’s refinance of $100 million in unsecured notes. The ratings are slightly …
Full content: KBRA, the Kroll Bond Rating Agency, has assigned a BBB issuer rating to Universal Insurance Holdings, along with a BBB credit rating, ahead of the Florida insurance holding company’s refinance of $100 million in unsecured notes. The ratings are slightly …
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Category: Southeast News
Date: Mon, 04 May 2026 05:03:55 +0000
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Berkshire CEO Abel Says Insurance Becoming Increasingly Competitive
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Description: Berkshire Hathaway reported improved first-quarter performance from the conglomerate’s insurance businesses, but CEO Greg Abel told investors the sector faces competitive headwinds. “The reality is that … as our insurance business softens, we cannot realize the value we should for …
Full content: Berkshire Hathaway reported improved first-quarter performance from the conglomerate’s insurance businesses, but CEO Greg Abel told investors the sector faces competitive headwinds. “The reality is that … as our insurance business softens, we cannot realize the value we should for …
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Category: National News
Date: Mon, 04 May 2026 05:03:50 +0000
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SC Bill Would Change ‘Free’ Windshield Replacement and Give DOI More Authority
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Description: Under a bill poised to win approval in the South Carolina legislature, the decades-old practice of letting many drivers automatically enjoy relatively painless windshield replacements may soon disappear. House Bill 4817, titled the “Insurance Rate Reduction and Policy Holder Protection …
Full content: Under a bill poised to win approval in the South Carolina legislature, the decades-old practice of letting many drivers automatically enjoy relatively painless windshield replacements may soon disappear. House Bill 4817, titled the “Insurance Rate Reduction and Policy Holder Protection …
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Category: Southeast News
Date: Mon, 04 May 2026 05:02:10 +0000
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People Moves: Alliant Adds McCarter to Employee Benefits Team in Denver
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Description: Denver, Colorado-based Rachel McCarter joined Alliant Insurance Services as vice president within its employee benefits group. In this role, she will partner develop and implement benefits services designed to drive value and enhance employee engagement. McCarter has worked with clients …
Full content: Denver, Colorado-based Rachel McCarter joined Alliant Insurance Services as vice president within its employee benefits group. In this role, she will partner develop and implement benefits services designed to drive value and enhance employee engagement. McCarter has worked with clients …
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Category: West News
Date: Mon, 04 May 2026 05:00:44 +0000
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Mayor Mamdani Pushes to Shrink New York Business Tax Credit
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Description: New York City Mayor Zohran Mamdani is delaying the city’s $127 billion budget as he pressures the state to limit a tax credit used by hedge funds, private equity firms and other businesses. Mamdani and City Council Speaker Julie Menin …
Full content: New York City Mayor Zohran Mamdani is delaying the city’s $127 billion budget as he pressures the state to limit a tax credit used by hedge funds, private equity firms and other businesses. Mamdani and City Council Speaker Julie Menin …
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Category: East News
Date: Mon, 04 May 2026 05:00:38 +0000
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RI Settles With Deloitte for $12M Over 2024 Ransomware Attack on Benefits System
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Description: Rhode Island Governor Dan McKee announced that the state has finalized a settlement agreement with Deloitte Consulting LLP related to the December 2024 cybersecurity incident that shuttered the state’s benefits administration site, RIBridges. In February 2025, Deloitte, the services provider …
Full content: Rhode Island Governor Dan McKee announced that the state has finalized a settlement agreement with Deloitte Consulting LLP related to the December 2024 cybersecurity incident that shuttered the state’s benefits administration site, RIBridges. In February 2025, Deloitte, the services provider …
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Category: East News
Date: Mon, 04 May 2026 05:00:27 +0000
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Maui Fire Lawsuit Payouts Are Near, but Few Will Break Even
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Description: Leslie Clark isn’t counting on money from the Maui wildfire settlement to help rebuild her family home near Front Street in Lahaina. Worrying about something out of her control “is not good for your health,” said Clark, 62, who lost …
Full content: Leslie Clark isn’t counting on money from the Maui wildfire settlement to help rebuild her family home near Front Street in Lahaina. Worrying about something out of her control “is not good for your health,” said Clark, 62, who lost …
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Category: West News
Date: Mon, 04 May 2026 05:00:08 +0000
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Inszone Acquires Arkansas’ Mena Insurance Agency
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Description: Inszone Insurance Services announced the acquisition of Mena Insurance Agency, Inc. This strategic acquisition brings a century-old institution and an experienced team into the Inszone organization, further expanding its footprint in Arkansas. Founded in 1911 by H.G. McLafferty, Mena Insurance …
Full content: Inszone Insurance Services announced the acquisition of Mena Insurance Agency, Inc. This strategic acquisition brings a century-old institution and an experienced team into the Inszone organization, further expanding its footprint in Arkansas. Founded in 1911 by H.G. McLafferty, Mena Insurance …
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Category: Texas / South Central News
Date: Fri, 01 May 2026 16:27:10 +0000
Local date: Fri, 01 May 2026 16:27:10 +0000
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