INSURANCE NEWS
French Firefighters Battle to Control Worst Blaze Since 1949
French firefighters spent a third day tackling the country’s worst wildfire in more than seven decades, hoping to bring it under control by Friday as lower wind speeds reduce the intensity of the blaze.After starting on Tuesday, the fire in …
Aon’s NFP Acquires UK MGA Platform, Bspoke Insurance Group
NFP, an Aon company and leading international insurance brokerage and consulting firm, announced it has acquired Bspoke Insurance Group, a platform of multi-class niche and specialist managing general agents. Headquartered in Leeds, West Yorkshire in England with subsidiary offices in …
People Moves: ISNE Names Chamberlain to Succeed Ruhl
Insurance Services of New England (ISNE), headquartered in Wellesley, Massachusetts, named Mike Chamberlain as the new manager of membership and sales. With close to two decades of experience working with independent agents, Chamberlain previously held positions at The Hanover and …
Hackers Steal Passwords From UK’s NHS With Sneaky Malware Tool
Hackers have stolen login credentials from thousands of people working with the UK’s National Health Service, putting the organization at risk of further cyberattacks, according to researchers. The data theft is linked to a kind of malicious software known as …
Cybersecurity Pros Say IoT, Large Language Models Are Risk Areas of Concern
When it comes to systemic cyber risks, cybersecurity experts rated Internet of Things (IoT) devices and large language models (LLMs) as the most immediate emerging risk areas of concern. That finding came from a recent CyberCube and Munich Re survey …
Progressive Could Soon Breach Excess Profits in Florida Auto, Triggering Refunds
Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former policyholders. The corporation’s quarterly 10Q filing with the …
Federal Judge Upholds Rhode Island’s Gun Permit System for Open Carry
A federal judge says Rhode Island’s gun permit system, which requires residents to show “a need” to openly carry a firearm throughout the state, does not violate the Second Amendment. In a ruling handed down Friday, U.S. District Judge William …
Idaho Man Pleads Guilty to Felony Workers’ Comp Fraud
An Idaho man pleaded guilty to one count of felony insurance fraud in connection with a workers’ compensation claim following an investigation led by the DOI’s Fraud Investigation Unit that showed he illegally collected benefits. Mark Chafin, of Post Falls, …
AIG General Insurance Underwriting Income Up 46% in Q2
Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North America commercial, International commercial, and global personal—recorded $170 million in catastrophe-related charges in Q2 2025, compared with $330 million for …
California Cannabis Grower Said 9 Employees Were Among Hundreds Detained in Raid
California’s biggest legal marijuana grower said nine of its employees were detained in a federal immigration raid last month that netted hundreds of arrests, and that the business has ended its relationship with two labor contractors that supplied its farmworkers. …
Researchers Are Resurrecting Billion-Dollar Disaster Tool Trump Killed
A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May. The database — which was produced by the National Oceanic and Atmospheric Administration — is set …
New Hampshire Approves 6.1% Workers’ Comp Rate Cut for 2026
The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation loss costs effective January 1, 2026. The assigned risk pool for risks not insured in the voluntary market will see a reduction of 5.4%. …