INSURANCE NEWS
UK Tries to Map Out Risks to Public Services of Extreme Weather
Extreme weather is having a measurable impact on Britain’s public finances as areas including railways, prisons and healthcare are increasingly affected, the UK’s National Audit Office said. The full scale of the damage remains difficult to gauge, however, as many …
Infinity Auto Agrees to Refund $46M in Excess Profits to Florida Policyholders
One year after Progressive insurance was forced to disgorge excessive profits in Florida, a Kemper insurance subsidiary must now do the same. Infinity Auto, a nonstandard and specialty insurer based in Birmingham, Alabama, filed an excess profits report with the …
Snap Finalizing Settlement to Avoid LA Trial on Addiction Claims
Snap Inc. is finalizing a settlement in a lawsuit filed by two teenagers who say years of compulsive scrolling and posting on the company’s photo-sharing app contributed to their mental health struggles, according to attorneys for the plaintiffs. The agreement, …
Houston Businessman Sentenced in Arson-For-Hire Scheme
A Houston businessman has been ordered to federal prison for conspiring to commit arson of a commercial building, the U.S. Attorney’s Office, Southern District of Texas announced. Lyndell Leroy Price, 44, was ordered to serve 105 months in federal prison …
Vanguard Claims Administration Acquires Missouri’s Gibson
Vanguard Claims Administration has acquired the business of Gibson & Associates Professional Claims Management, Inc., a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. The transaction closed on Oct. 30, 2026. Gibson has built …
People Moves: Brennan Joins Alliant Midwest Benefits Team
Dave Brennan has joined Alliant Insurance Services as senior vice president within its employee benefits group. He will work with employers throughout the Midwest to develop strategic benefits programs that maximize value, address evolving workforce needs, and support broader financial …
Marsh Acquires Marine and Yacht Specialist Triton Agency
Global insurance broker Marsh today announced it has acquired Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Triton will become part of Marsh Agency. Bob Peck, CEO of Triton Insurance Agency, and the …
Chevron Keeps Microsoft Data Center Plan Despite Texas Pause
Chevron Corp. expects to power up a Microsoft Corp. data center project in West Texas on schedule despite Governor Greg Abbott’s suspension of digital infrastructure permits. The energy company is working on permitting, engineering work and financing, Chevron Chief Financial …
Arch Insurance North America Acquires Premier Dealer Services
Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a Dublin, Ohio-based provider of automotive Finance and Insurance (F&I) products and services. The acquisition, upon completion, …
Plymouth Rock Snags Awards at NJ Insurance Fraud Investigators Show
Insurer Plymouth Rock took home three awards at the New Jersey Special Investigators Association (NJSIA) annual insurance fraud conference recently. The NJSIA conference brings together special investigations units (SIUs), claim professionals, and law enforcement for training and collaboration on detecting …
Viewpoint: Money for Crop Insurance, Money for Farmers
Precisely two weeks prior to the November 3 midterm elections, the administration announced the creation of a new government program for farmers, the US Department of Agriculture’s “Harvest Fuel Relief Program.” This provides $8 billion in federal subsidies to farmers, …
Data Center Restrictions Make the Ballot in Dozens of US Cities
Voters in dozens of US counties and cities will soon have the chance to help enact policies that would slow down the development of data centers. Municipalities from Nevada to Georgia are giving residents an opportunity to vote for policies …