INSURANCE NEWS
Travelers: Aging Workforce, New Employees Drive Complexity in Injury Claims
Recovery times for injured workers are growing longer even as workplace injury rates decline, according to a new report from Travelers. The rising complexity of injury claims is driven by an aging workforce as well as a disproportionate vulnerability to …
Cyber Ransom Attacks Up, but Payments Headed Down on Better Preparedness
Data breaches (33.5%), cybercrime (31.8%) and extortion events (18.3%) accounted for most of Cowbell's reported claims over the past 18 months.
California AG Settles with Aspen Dental for $2M Over False Advertising
A dental services provider is paying more than $2 million to settle charges of false advertising by California Attorney General Rob Bonta. Bonta’s office reached a settlement with Aspen Dental Management Inc. for engaging in false and misleading advertising. Aspen …
Trump Administration Investigating Smith College Over Transgender Policy
The U.S. Department of Education opened an investigation Monday into Smith College, an all-women’s institution in Massachusetts, for admitting transgender women. The probe by the department’s Office of Civil Rights will look at whether the college violated Title IX, a …
Virginia Monitoring Traveler Linked to Hantavirus-Hit Cruise Ship
The Virginia Department of Health said on Thursday it is monitoring a resident who recently returned from a cruise ship linked to a deadly Hantavirus outbreak. The person had been aboard the MV Hondius, a Dutch-flagged expedition cruise ship that …
California Teens See Cannabis as Safer Than Alcohol, Vapes and Cigarettes
Newswise — Adolescents in California consistently perceive cannabis as less harmful than other commonly used substances, according to a new study analyzing data from two large statewide school surveys. Shu-Hong Zhu, PhD, professor at the UC San Diego Herbert Wertheim …
New York State Reaches Budget Deal With Several Auto Insurance Reforms
New York State has a 2026-2027 budget agreement. The budget totals about $268 million and includes some but not all of Gov. Kathy Hochul’s proposals for auto insurance reform to lower premiums along with some lawmakers’ proposals for consumer protections. …
ALPS to Acquire Ohio Bar Liability Insurance Company
The Ohio State Bar Association (Ohio Bar) and ALPS Insurance (ALPS) today announced that they have entered into a definitive agreement under which ALPS will acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance …
Markets/Coverages: MS Amlin Launches Consortium to Boost Property Treaty Capacity
MS Amlin, the Lloyd’s re/insurer, has launched a consortium to boost property treaty capacity for all property per-risk lines. This additional capacity is expected to be particularly relevant for global data centers, where demand for higher limits continues to grow, …
Illinois Manufacturing Company to Pay $625K Settlement Over No-Poach Agreements
Illinois Attorney General Kwame Raoul announced a settlement with Vee Pak LLC, doing business as Voyant Beauty (Vee Pak) that resolves allegations the manufacturing company entered into no-poach agreements with several temporary staffing agencies. The settlement requires Vee Pak to …
Texas Sees Surge in Gas Projects as Data Centers Drive Shift in Power Generation
A decade ago, wind power was surging in popularity and attracting huge investments that made Texas a national leader in renewable energy. But today, gas generation is making a big comeback, driven by a wave of data centers flooding into …
HCI Group Reports $85M in Profit for Q1, with Premium Growth for Most Subsidiaries
Tampa-based HCI Group, now in its 20th year and its 18th year as a publicly traded company, reported a healthy profit for the first quarter of 2026 and significant growth in premium across most of its property-casualty insurance firms. “HCI …