Industry News

Best's Reviews

New UK FCA Regulations to Require Insurers To Put Leaseholders’ Interest First

Sep 29, 2023 The Financial Conduct Authority in the United Kingdom has confirmed new measures to support leaseholders in the multi-occupancy...

HDI Global Specialty Joins Coalition’s Canada Cyber Panel

Sep 29, 2023 Insurtech Coalition unveiled a long-term partnership with HDI Global Specialty SE in which HDI Global Specialty will join Coalition’s cyber and technology...

Best’s News: UAW Strike Could Aggravate Insurers’ Surging Auto-Repair Costs

Sep 29, 2023 As the United Auto Workers strike against major car makers drags on into a fourth week, concerns about the impact on repairs and the...

Aon Estimates Hundreds of Millions of Dollars in Insured Losses From Late September Storms

Sep 29, 2023 Insured losses could reach hundreds of millions of dollars from severe convective storms that stretched from Texas to...

Insurance Journal

AXIS and Stone Point Credit Launch Monarch Point Re, Raising Over $400M of Capital

Sep 29, 2023 AXIS Capital Holdings Ltd., together with its direct and indirect subsidiaries and branches, announced that it has partnered with Stone...

Texas Comptroller: State Revenue Driven by Increasing Insurance Premiums

Sep 29, 2023 When Texas lawmakers meet next month for a special session on funding public education, they will have more money available to them to spend than they...

Keystone Adds Oklahoma’s Ascent to Growing Agency Network

Sep 29, 2023 Keystone, the participant-owned insurance agency network, has added Ascent Insurance Group (formerly LBV Insurance) based in Edmond, Oklahoma to its growing network...

Invasive Spotted Lanternflies Found in Illinois, Threatening Crops and Native Tree

Sep 29, 2023 SPRINGFIELD, Ill. (AP) – Illinois is the latest state to find invasive spotted lanternflies, a winged insect that`s spreading across the eastern...

Claims Journal

Fla. Claims Adjuster Arrested, Accused of $11M Insurance Fraud Scheme

Sep 29, 2023 Additional arrests are expected after a 41-year-old south Florida claims adjuster was charged this week in an elaborate scheme that allegedly rang up more than...

Traffic Deaths Declined 3.3% in the First Half of the Year, but Fed Officials See More Work Ahead

Sep 29, 2023 Traffic fatalities dropped 3.3% in the first half of the year compared with the prior-year period, according to the National Highway...

ExxonMobil Loses Bid to Truck Millions of Gallons of Crude Oil Through Central California

Sep 29, 2023 SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California...

Wildfires Can Make Your California Red Taste Like an Ashtray. These Scientists Want to Stop that

Sep 29, 2023 ALPINE, Ore. (AP) — The U.S. West Coast produces over 90% of America`s wine, but the region is also prone to wildfires — a...