Mid-Hudson Co-Operative Insurance Co. in Montgomery, New York has signed a securities purchase agreement to acquire Hanover Fire Holdings, Inc. of King of Prussia, Pennsylvania. According to AM Best, the acquisition will be financed by $4.0 million in cash and …
New York’s Mid-Hudson Insurance to Acquire Hanover Fire of Pennsylvania Read More »
A bill touted as the nation’s first public health and insurance standards to protect families from toxic smoke contamination is making its way through California legislature. California Insurance Commissioner Ricardo Lara and Assemblymember Mike Gipson on Wednesday introduced Assembly Bill …
California Smoke Damage Act Would Enable Wildfire Victims to Expedite Claims Read More »
The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, but they also played a part in an ongoing reshaping of California’s surplus lines market, according to a new report. The state’s …
‘Structural Shift’ Occurring in California Surplus Lines Read More »
Florida insurance company officers, employees, board members and even stockholders would have to undergo background checks and fingerprinting under a wide-ranging bill approved by a state House panel Wednesday morning. House Bill 1263, sponsored by state Rep. Linda Chaney, R-St. …
Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders? Read More »
Illinois Governor JB Pritzker’s budget office is warning that the state is facing higher costs and more uncertainty as President Donald Trump’s administration threatens to pull back federal funding. “Over the past year, federal policy changes have altered the federal-state …
Illinois Sees ‘Unprecedented’ Budget Pressure From Trump Cuts Read More »
Equal Parts, an Austin, Texas-based insurance agency startup, announced it has raised $23M in Series A funding led by Inspired Capital. The investment will accelerate the company’s acquisition strategy and further develop AI tools that extend the reach and impact …
Texas’ Equal Parts Raises $23M to Support Acquisition Strategy Read More »
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Horizon Biofuels Inc., a manufacturer of fuel pellets, for willful and serious safety violations after a deadly explosion at the company’s Fremont, Nebraska facility in July 2025. An …
OSHA Fines Nebraska Manufacturer $148K Over Fatal Explosion Read More »
The Federal Aviation Administration reopened airspace over El Paso and part of southern New Mexico on Wednesday morning after shutting it down for a few hours overnight amid an announcement there would be no flights for 10 days. The White …
El Paso Airspace Reopened After FAA Rescinds 10-Day Flight Restrictions Read More »
Rain and snow are expected to return to the Rockies and the Western U.S. over the next few weeks, but it’s likely to only make a small dent in the snow drought and dry conditions across parts of the West. …
Western Snow Drought Raises Fire and Drought Concerns Read More »
The average workers’ compensation rates for the Tennessee voluntary market should drop about 2% this year, marking the 13th straight year for lower rates in the state. It’s also the smallest decrease in years. “Safer workplaces where Tennessee workers are …
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years Read More »
