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A healthcare company has settled with California Attorney General Rob Bonta for $40 million over information Bonta said was misleading consumers. Bonta announced a settlement with HealthNet LLC, Health Net of California Inc., California Health and Wellness Plan and Health …

National broker ALKEME Insurance reports it has acquired Gorges & Company, Inc., a full-service agency based in Timonium, Maryland. Founded in 1937, Gorges & Co. provides a full suite of insurance offerings, including employee benefits, business and personal property/casualty, nonprofit …

A 2020 Granite State law removing the statute of limitations for sexual abuse claims is not retroactive, the New Hampshire Supreme Court has ruled. The state’s high court found that applying the 2020 law retroactively violates the state’s constitution which …

Los Angeles County officials voted this week to declare a state of emergency that gives them power to provide assistance for residents they say have suffered financially from ongoing federal immigration raids. The move allows the L.A. County Board of …

Plymouth Rock Names Foxx Chief of Agency Marketing for Mass. and NH Plymouth Rock Assurance, headquartered in Boston, Massachusetts, appointed James Foxx as chief of agency marketing for Massachusetts and New Hampshire within the company’s independent agency group. Foxx oversees …

The Texas Department of Insurance recently published an informal draft of rules that would implement a new law requiring all personal auto and residential property insurance policies to include a binding appraisal provision. The draft outlines appraisal timelines, appraiser and …

Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, down from 5% during Q3 2024. John Doyle, president and CEO, described the Q3 …

As many as 22 states face the risk for severe thunderstorms, hail and damaging wind gusts over the next several days, meteorologists say. A front over the Central/Southern Rockies is expected to move northeastward, producing showers and thunderstorms over parts …

Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once again calling for a reauthorization. The National Association of Mutual Insurance Companies (NAMIC) on Oct. 16 issued a statement directed …

Top Republicans in the Texas Legislature have announced the creation of committees tasked with “getting to the bottom of” the July flooding that killed more than 130 people, including 25 young girls and two teenage counselors at Camp Mystic. Lt. …

Arthur J. Gallagher & Co. announced the acquisition of Rochester Hills, Michigan-based Strategic Services Group, Inc. Terms of the transaction were not disclosed. Strategic Services Group provides employee benefits consulting services across a range of industries in Michigan and the …

Global insured losses from natural catastrophes during the first nine months of 2025 are estimated to hit US$105 billion, bringing the sixth consecutive calendar year with losses topping US$100 billion and the eighth year since 2017, according to Gallagher Re. …

A former Crum & Forster executive and a London-based underwriter incubator have teamed up to launch a new specialty insurance company based in Charlotte, North Carolina. 1889 Specialty Insurance plans to offer professional lines coverage and management liability policies to …

The blast that killed 16 workers at a military explosives plant in Tennessee last week likely could have been prevented with better safety measures and accountability, the National Council for Occupational Safety and Health said in a statement. “This is …

Third quarter net income at The Travelers Cos. increased 50% compared with the same period a year ago, to about $1.9 billion on lower catastrophe losses. Catastrophe losses for the third quarter this year were $402 million pretax, compared with …

HSB Canada, a specialty insurer and part of Munich Re, introduced HSB CyberPro™, a new solution that provides comprehensive insurance coverage and services for businesses. HSB CyberPro combines specialized cyber claims service, active threat monitoring, and risk mitigation tools developed …

Medical costs per claim have begun to rise following a period of relative stability post-pandemic, a new report shows. A new Workers Compensation Research Institute report shows medical payments per claim recently started increasing, fueled by an increase in medical …

A record amount of renewable energy capacity was added globally last year, but that still left countries short of targets towards meeting a U.N. climate goal to triple capacity by 2030, a report by global renewable groups showed on Tuesday. …

Carbon dioxide levels in the atmosphere have reached the highest ever recorded, potentially further warming the planet and leading to more extreme climate events, a new report by the World Meteorological Organization found. From 2023 to 2024, the global average …

The cybersecurity company F5 Inc. said nation-state hackers breached its networks, gaining “long-term, persistent access” to certain systems and stealing some source code. The breach prompted alerts from cybersecurity agencies in the US and UK, with a senior US official …