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INSURANCE NEWS
Texas Ag Commissioner at Odds with USDA Over Screwworm Control Methods
USDA slaps down Texas Agriculture Commissioner Sid Miller over New World Screwworm Kate McGee and Berenice Garcia, The Texas Tribune October 14, 2025 Texas Agriculture Commissioner Sid Miller is trading barbs with the Trump Administration over its response to a …
Stellantis to Invest $13B in the US, Focused on Midwest Plants
Stellantis STLAM.MI announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years. The plan, …
Specialist Risk Group Acquires Wholesale Team From Lockton
Specialist Risk Group (SRG), the London-based insurance intermediary, announced it has acquired a new wholesale team from Lockton. SRG said the move further strengthens SRG’s London market capability and expands its specialist proposition across its existing subsidiaries Miles Smith, CBC …
Alliant Expands Transportation Risk and Cross-Border Expertise in Texas
Alliant Insurance Services acquired Texas Insurance Agency in Laredo, one of the U.S.’s busiest international trade ports, specializing in cross-border trucking risk and insurance; as well as McAfee Insurance Agency in Mabank, a leading insurance service provider in East Texas. …
UK Is Making It Easier to Assess Public Flood-Defense Funding
The UK is making it easier for flood defense projects to access public funds as climate change increases the risk to homes. On Tuesday, the government announced changes to the way that funds are allocated to protect homes from river, …
Volvo, State Farm Partner on Point-of-Sale Auto Insurance
There has been another announcement of a relationship between insurance and an auto manufacturer. State Farm and Volvo are collaborating to provide Volvo customers across the U.S. with access to car insurance options when they buy a car. Volvo customers …
IMF Warns of Elevated Risk of ‘Disorderly’ Global Market Correction
Global markets are too comfortable with risks, including trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the chance of a “disorderly” market correction, the International Monetary Fund said on Tuesday. Underscoring the IMF’s …
Delaware Supreme Court Hears Musk’s $56 Billion Pay Package Appeal
Elon Musk’s lawyers will urge the Delaware Supreme Court on Wednesday to restore his $56 billion pay package from Tesla, as one of the biggest corporate legal battles enters its final stage nearly two years after a lower court judge …
1 Dead, 2 Missing And Dozens Rescued After Remnants of Typhoon Lashed Alaska
One person was dead and two were missing in western Alaska after the remnants of Typhoon Halong over the weekend brought hurricane-force winds and ravaging storm surges and floodwaters that swept some homes away, authorities said. More than 50 people …
SIAA Launches New Data Driven AI Tool to Boost Agency, Carrier Growth
The agency network, SIAA, today announced the launch of a new artificial intelligence optimization platform called SIAA NXT, a platform that combines a suite of solutions and services designed to help members and partners connect and grow in an increasingly …
New Hampshire’s Davis & Towle Acquires Tassey Group
Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, has acquired Tassey Group Insurance in Berlin, which is about 115 miles north of Concord. Davis & Towle also announced the merger of Tassey Group with Davis & Towle affiliate …
8 Auto Insurance Providers to Pay New York $19M Over Data Breaches
New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequate cybersecurity controls allowed hackers to …
