New laws in Southeastern states took effect this week, impacting several aspects of property and casualty insurance. In Georgia, Senate Bill 69 puts new restrictions on third-party litigation financing, a lawsuit funding practice that has […]
A Fort Worth business owner who received nearly $5 million from local customers for unfinished custom home building and remodeling projects pled guilty to a wire fraud conspiracy charge on Dec. 30, 2025, announced United […]
Cornerstone National Insurance Company, a Missouri-domiciled property and casualty insurance company, was placed into receivership by the Circuit Court of Cole County. Missouri Department of Commerce and Insurance Director, Angela L. Nelson, has been named […]
Berkshire Hathaway shares closed slightly lower on Warren Buffett’s final day as chief executive, with the legendary investor set to hand the reins to Greg Abel on Jan. 1. The price of Berkshire Class A […]
Kansas Insurance Commissioner Vicki Schmidt this week announced a Sedgwick county man has been sentenced to 18 months of probation for insurance fraud. Shawn Gales, age 37, pleaded guilty on December 18, 2025, in Sedgwick […]
Aon Corp. said it has extended its contract with President and CEO Greg Case through 2030. Case’s contract was previously set to end on April 1, 2028. Case has led the brokerage, among the world’s […]
An Idaho-based company is recalling nearly 3,000 pounds of raw ground beef that may have been contaminated with E. coli bacteria. The recall involves 16-ounce vacuum-sealed packages labeled “Forward Farms Grass-Fed Ground Beef.” Affected packages […]
Definity Financial Corp., the Canadian property/casualty insurer, announced the completion of its previously announced acquisition of the personal insurance business and the majority of the Canadian businesses of The Travelers Cos. The deal, which was […]
A derailed CSX train leaked a flammable chemical and sparked a fire in a rural part of southern Kentucky on Tuesday, prompting authorities to issue a shelter-in-place order that was later lifted for nearby residents. […]
Two men who died after their helicopters collided midair in New Jersey last weekend both earned their private pilot licenses over a decade ago and would often have breakfast together at a cafe near the […]
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