Insurance

AM Best reports it has revised the outlooks to negative from stable for Oswego County Mutual Insurance Co. based in Parish, New York. AM Best has also affirmed the insurer’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer …

An unusually hot, snowless winter has fueled a fast start to the spring fire season across large swaths of the western,central and southeastern US, disrupting businesses and upending daily life. Nearly 19,000 have ignited nationwide since Jan. 1, about 6,900 …

The state Maryland has reached a settlement in principle with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the owner and operator of the M/V Dali, resolving a portion of the state’s claims arising from the cargo ship’s allision …

Florida authorities have charged a Jacksonville contractor with underreporting payroll by almost $2 million and stiffing his workers’ compensation insurer for almost $300,000 in premiums. Carlos Antonio Maradiago Garcia, 50, a native of Honduras, was investigated by the Florida Department …

A recent report by LexisNexis Risk Solutions found synthetic identity fraud is on the rise. According to its latest Cybercrime Report based on more than 100 billion online transactions in 2025, LexisNexis said 11% of frauds now involve a synthetic …

Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), has launched a new capital solutions business called Mezura Capital Partners. Headquartered in Bermuda, Mezura Capital will focus on delivering strategic capital solutions and partnerships for insurers and reinsurers. …

Israel bombed more targets in Lebanon on Thursday, putting the U.S.-Iran ceasefire into further jeopardy after the biggest Israeli attacks on its neighbor of the war killed more than 250 people and threatened to torpedo Donald Trump’s truce. In Pakistan, …

Prestige Trucking Insurance, a retail brokerage and parent company of CSMV Underwriters, has continued its expansion with the acquisition of Mulligan, an artificial intelligence-based insurance automation platform. The platform will now be offered under the name Insure Stack, led by …

The US Justice Department’s top antitrust litigator and three senior trial attorneys that led cases against Live Nation Entertainment Inc., Apple Inc. and Alphabet Inc.’s Google are leaving the agency, according to people familiar with their plans. Some of the …

Donald Trump has asked New York’s highest appeals court to vacate a judge’s finding that he was liable for inflating the value of his real estate assets, arguing that his former lawyer Michael Cohen has since cast doubt on his …