Insurance
USAA Prevails in MSP Recovery’s Latest Class-Action Attempt
MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts in a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …
Read More Cape Cod Faces Highest Snow Risk as New Coastal Storm Forms
New York and most of the Northeast will likely be spared the worst of a new winter storm this weekend that still may clip Cape Cod and eastern New England.
Read More Missouri DCI Requests Update of Catastrophe Response Contacts
The Missouri Department of Commerce & Insurance (DCI) sent a bulletin to insurers this week requesting they provide current catastrophe/disaster coordination contact information. The bulletin, sent on Jan. 27, says that the contact should be available to communicate directly with …
Read More Marsh Reports Organic Growth of 4% for Q4, Full-Year 2025, Down From 7% in 2024
Marsh reported fourth quarter revenue of $6.6 billion, an increase of 9% from $6.1 billion reported during the same period in 2024. Organic, or underlying growth, during Q4 was 4%, down from 7% in Q4 2024. Q4 2025 operating income …
Read More Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds
The owner of the Massachusetts assisted living facility Gabriel House where 10 people were killed and 30 injured in a fire last July has been denied access to insurance proceeds he told a court are needed to repair the facility …
Read More Waymo Probed After Robotaxi Struck Child Near California School
U.S. auto safety regulators are investigating a Waymo autonomous vehicle that struck a child near a school in Santa Monica, California, the second recent probe to examine the behavior of the Alphabet Inc. unit’s robotaxis near children. The vehicle collided …
Read More AM Best Revises Outlook to Positive for Texas’ Aventus
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) of Aventus Insurance Company based in Fort Worth, Texas. These Credit Ratings …
Read More It’s Getting More Expensive to Live in Texas, Census Finds
It’s getting harder to afford living in Texas — even as incomes and educational attainment grow and poverty declines. Despite the state’s robust economic growth since the start of the decade, incomes in Texas haven’t kept pace with the nation …
Read More Tampa Bay Rays’ New Stadium in Tampa: What We Know So Far
For many of the nearly 28 years since the Tampa Bay Rays held their inaugural game in St. Petersburg’s domed stadium, they have been looking for a bigger, better deal. Tropicana Field’s location, across Tampa Bay from the much-larger population …
Read More Alabama Insurance Agent and Candidate Says Tuberville Lives in Florida
An Alabama insurance agent running for governor is challenging U.S. Sen. Tommy Tuberville’s eligibility to seek the office, accusing the football coach-turned-politician of not meeting the legal requirement to have lived in the state for seven years. Ken McFeeters, who …
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