INSURANCE NEWS
Rhode Island Requiring All School Buses to Have Video Systems
Rhode Island is on the road to requiring that all school buses have video systems to help monitor traffic violations and keep students, aides, and bus drivers safe. Governor Dan McKee ceremonially signed the legislation (S0568A/H5421Aaa) into law at Pleasant …
US LNG Exporters Race to Tie Up Financing as Surplus Looms
US developers are racing to cash in on the nation’s natural-gas export boom while they still can. The massive US buildout of terminals that process and ship liquefied natural gas, or LNG, has transformed the nation into the world’s top …
US Treasury-Led Watchdog Dismantles Climate Advisory Panels
U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations. The Financial Stability Oversight Council, a multi-regulator …
Senator Pushes FTC to Investigate Microsoft for ‘Gross Cybersecurity Negligence’
U.S. Democratic Senator Ron Wyden on Wednesday requested the Federal Trade Commission “investigate and hold Microsoft responsible” for its role in a string of high-profile cybersecurity incidents in recent years, saying the company’s approach to security “continues to threaten U.S. …
AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B
An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first six months, the …
When Is Your Home Safe After Wildfire Smoke? LA Researchers Have Some Answers
At a church parking lot near Los Angeles, two hazmat-suit-clad workers vacuumed and wiped most of the contents of Elle Schneider’s house. Surrounded by stacked plastic bins of books and clothes, they opened up the drawers of a squat wooden …
Leddy Named New CEO at Tampa-Based Ryze Claims Solutions
Tampa-based Ryze Claim Solutions has named Walter Leddy chief executive officer, effective immediately. Leddy previously was CEO of U.S. field services for Davies, an adjusting and insurance services firm. Leddy, who holds a master’s in business administration from the University …
Pinnacol’s EverPeak Acquires Method Insurance, a Workers’ Comp MGA
Pinnacol Assurance subsidiary EverPeak Insurance has acquired Method Insurance, a workers’ compensation managing general agent based in Nashville. The move is in response to brokers who require a seamless solution for diverse client bases, and will complement EverPeak’s subsidiary Attune, …
Georgia Judge to Toss Landmark Racketeering Charges Against ‘Cop City’ Protestors
ATLANTA (AP) — A Georgia judge on Tuesday said he will toss the racketeering charges against all 61 defendants accused of a yearslong conspiracy to halt the construction of a police and firefighter training facility that critics pejoratively call “Cop …
French Lawmaker Asks Prosecutor to Probe TikTok for ‘Endangering the Lives’ of Users
The chairman of a French parliamentary committee investigating TikTok’s psychological effects on minors said on Thursday that he had asked for a criminal probe into TikTok’s possible responsibility for “endangering the lives” of its young users. The committee, launched in …
Duffy Acquires Sartori Agency of Massachusetts
Duffy Insurance Agencies in Lynn, Massachusetts announced it has acquired the Sartori Insurance, a family-run agency that has served the Lexington, Massachusetts community for more than 50 years. The Sartori team will continue to operate from the agency’s Lexington office …
Two High-Profile Personal injury Law Firms Sue… Each Other
Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other over allegations of trade …