INSURANCE NEWS
Texas Security Services Provider to Settle Sex Discrimination Lawsuit
HSS Security, LLC, a company that provides security services to hospitals in Texas, will pay $35,000 and provide other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced last …
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents
Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual’s California personal lines product strategy. The companies say that Liberty Mutual will …
Michigan Governor Confronts Trump on Tariff Hit to Auto Industry
Michigan Democratic Governor Gretchen Whitmer told President Donald Trump that his tariffs are having a negative effect on her state’s flagship auto industry during a closed-door meeting at the White House. Whitmer, a possible 2028 presidential candidate, made the case …
Allstate to Pay Half Million on Georgia Claim Highlighted in Hearing, Senator Says
Three months after a U.S. senator chastized Allstate for its response to a Georgia woman’s storm claim, Allstate has paid more than 10 times its initial payout on the claim, U.S. Sen. Josh Hawley said Tuesday. “Allstate has finally agreed …
People Moves: Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer; Arch Insurance International Hires Byford as Senior Contingency Underwriter
This edition of International People Moves details appointments at Lloyd’s and Arch Insurance International. A summary of these new hires. Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer Lloyd’s, the world’s leading insurance and reinsurance market for global risk, …
Highstreet Adds $550M in Growth Capital for Acquisitions
Highstreet Insurance Partners announced with a new round of $550 million in capital to further its expansion and acquisition strategy. Led by Ares Capital, the incremental $550 million delayed draw term loan (DDTL) was upsized from a $500M initial ask …
Texas House Members Discuss Flood-Related Bills Despite Standstill
Texas House members on a special committee for disaster preparedness met Tuesday to discuss for the first time specific bills filed in response to the deadly Central Texas flooding. The hearing included bills that would require flood disaster plans for …
Deadly Wildfires Ravage Southwest France as Heat Wave Builds
Wildfires ravaged vineyards and farms in southern France, leaving one person dead and forcing residents to flee as flames shut roads and cut power to thousands of homes. About 1,800 firefighters, assisted by aircraft, are working to control the outbreaks …
Hartford Flood Relief Program Gets $4.7 Million More to Meet Demand
Connecticut has approved $4.7 million in new funding for a program that helps homeowners, businesses and tenants in the city of Hartford’s neighborhoods recover from flooding. The Hartford Flood Compensation & Relief Programs (HFCRP) was launched in 2023 and accepted …
Residents Discover WV Lawmakers Eliminated Local Authority Over Data Centers
In late March, Pamela Moe was at her dining room table, skimming the local paper when something caught her eye. A legal notice, by a company she had never heard of, for a facility near the city of Thomas. Curious, …
Federal Judge Stops FEMA From Diverting Infrastructure, Disaster Mitigation Grants
A federal judge on Tuesday granted the request of 20 states to block the Trump administration’s attempt to terminate a multibillion-dollar grant program meant for states’ infrastructure upgrades and disaster mitigation. U.S. District Judge Richard G. Stearns on Aug. 5 …
California’s Largest Wildfire of 2025 Threatens 870 Structures
A wildfire in California that has become the biggest fire in the state this year, prompting evacuation orders and threatening hundreds of structures, has grown to 83,933 acres. The fire, which started on Aug. 2 and covers San Luis Obispo …