AM Best reports that it has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for the members of Plymouth Rock …
AM Best Revises Outlooks to Positive for Plymouth Rock Assurance Group Read More »
Major storms that whipped up tornadoes in parts of Illinois and Indiana on Tuesday leveled homes, downed trees and power lines, and overwhelmed a 911 center south of Chicago with emergency calls, according to officials. “Please do not come here. …
Tornadoes Level Homes in Illinois and Indiana Read More »
It’s becoming increasingly evident that Iran is laying mines in the Strait of Hormuz, according to the UK, as Iran’s new supreme leader used his first comments to the media to say the critical waterway should stay closed. “The reports …
Iran Has Likely Begun Laying Mines in Hormuz, UK Minister Says Read More »
Eli Lilly & Co. warned that the active ingredient in its weight-loss blockbuster Zepbound could pose a risk to patients when mixed with vitamin B12, a combination sold by US drug compounders. Lilly tested compounded products and found “significant levels …
Lilly Flags Safety Risk in Compounded Zepbound Mixed With Vitamin B12 Read More »
A North Carolina insurance agent is out on bond, awaiting court action, after he was charged with diverting premium payments from four automobile dealerships. Jeffrey Martin Webster, of Jamestown, North Carolina, was charged with 18 counts, including forgery and embezzlement …
NC Insurance Agent Posts Statement After Arrest on Embezzlement Charges Read More »
Marsh Risk, a business of Marsh, and specialty insurer Apollo’s ibott division announced the launch of an insurance facility for Uber. According to the companies, the facility is the first of its kind and will “accelerate the deployment of autonomous …
Markets/Coverages: Marsh Risk, Apollo Develop Insurance Facility for Uber Read More »
The U.S. Coast Guard rescued three people from the water approximately 23 miles south of Boothbay Harbor in Maine on Wednesday morning. The Coast Guard Station Boothbay Harbor crew reported they located the vessel at 9:01 a.m. and rescued three …
Coast Guard Rescues 3 Fishermen Whose Ship Sank in Maine’s Boothbay Harbor Read More »
A jury has acquitted a former engineer overseeing military aircraft maintenance of charges of making false statements and obstructing justice during the criminal investigation of a 2017 military plane crash in Mississippi that killed all 16 service members aboard. James …
Mississippi Jury Acquits Engineer Charged With Lying About 2017 Plane Crash Read More »
U.S. commercial insurance rates increased 2.9% in the fourth quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing continued to moderate in the fourth quarter, reflecting a more stable market,” said Yi …
WTW: US Commercial Insurance Rates Moderate to 2.9% in Q4 2025 Read More »
The war in the Middle East is creating the biggest oil supply disruption in history, the International Energy Agency said on Thursday, a day after it agreed to release a record volume from strategic stockpiles to offset shortages and a …
World Faces Largest-Ever Oil Supply Disruption on Middle East War, IEA Says Read More »
