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AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Society Insurance, a mutual company based in Fond du Lac, Wisconsin. …

More than two weeks after catastrophic July Fourth floods along the Guadalupe River in Kerr County, authorities reported Saturday that nearly all of the people who had remained on the list of missing persons have been verified as safe. As …

A vehicle rammed into a crowd of people waiting to enter a performance venue along a busy boulevard in Los Angeles early Saturday, injuring 30 people and leading bystanders to attack the driver, authorities said. The driver was later found …

Microsoft Corp. warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. Vulnerabilities in the software have allowed hackers to access file systems and …

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and managing general agents said the average premium renewal …

This edition of International People Moves details appointments at HDI Global Canada and QBE Europe. A summary of these new hires follows here. HDI Global Canada Appoints Reedie as Head of Engineering and Construction Derek Reedie has been appointed head …

WTW appointed Dale Porfilio as senior director and head of personal and commercial lines business development in its insurance consulting & technology (ICT) business. Based in Chicago, Porfilio will be responsible for driving growth, market share and profitability in both …

President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy-self driving cars. Jonathan Morrison, who was nominated by Trump on February 11 …

Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate, due to launch on Jan. 1, 2026. Atradius Syndicate 1864 will focus on trade credit risks, initially targeting new and …

A central Florida man has been charged with shooting at and throwing Molotov cocktails into an insurance agency office in Lake Wales last spring. Lake Wales Police said Jason Roberts was tracked down last week in Jasper, Georgia, after surveillance …

Flood Re, a joint initiative between the UK government and insurers designed to make flood cover more affordable for homeowners, has reported a precipitous increase in reinsurance rates and claims costs. “The global cost of reinsurance is increasing and Flood …

Orion180 Insurance, a provider of homeowners and flood insurance coverages, has launched its FLEX Home Insurance product in nine eastern counties of Massachusetts. FLEX provides customizable coverage, allowing homeowners to adjust coverages and deductibles to align with their individual risk …

A transgender woman has sued Princeton University claiming she was illegally removed shortly before her race in a school-hosted track meet in May due to her gender identity. An attorney for Sadie Schreiner filed the complaint in New Jersey Superior …

The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion dollar fraud, it claimed. It was …

ATLANTA (AP) — The family of a homeless man who died after a bulldozer crushed his tent during an encampment sweep sued the city of Atlanta on Friday over his death, calling it “tragic and preventable.” The lawsuit filed by …

NASHVILLE, Tenn. (AP) — The owner of a factory where six workers died last year in flooding from Hurricane Helene won’t face charges after a Tennessee Bureau of Investigation found no criminal wrongdoing. First Judicial District Attorney General Steven Finney …

The South Korea-led investigation into Jeju Air’s fatal plane crash in December has “clear evidence” that pilots shut off the less-damaged engine after a bird strike, a source with knowledge of the probe said on Monday. The source said the …

Singapore said on Friday that it was responding to cyberattacks on its critical infrastructure by an espionage group alleged by security experts to be linked to China. “UNC3886 poses a serious threat to us, and has the potential to undermine …

Jeanette Ward, president and CEO of Texas Mutual Insurance Company, has been elected as one of the insurer members on the National Council on Compensation Insurance 2025 Board of Directors. NCCI provides a comprehensive source for workers’ compensation data, insights …

Mukesh Ambani’s Jio Financial Services Ltd. agreed to form a reinsurance venture with Allianz SE in India, advancing the billionaire’s quest to broaden his reach in the sector. The 50-50 venture combines Jio’s local digital footprint with Allianz’s global underwriting …