The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In 2024, mutuals managed 205,000 policies representing more …
AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern Farm Bureau Casualty Insurance Company, Colorado Farm …
Be Recognized as a Best Agency to Work For: Submit Now
Is your agency a great place to work? Would you call your agency a “Best Place to Work?” Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award. To nominate your agency, you must …
Rural California Wine Country Fire Burning Out of Control
Firefighters will battle intense heat and dry weather Friday as they work to control a fast-moving blaze in the heart of California’s wine country. The Pickett Fire exploded in the hills above the tourist town of Calistoga in the Napa …
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead Transportation & Logistics Insurance broker Aon plc …
New Jersey Compensation Bureau Back Online After Cyber Incident
The New Jersey Compensation Rating & Inspection Bureau is mostly back online following a cybersecurity event that caused it to shut down its network more than two weeks ago. The workers’ compensation agency said it “experienced suspicious activity” on August …
Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse
The U.S. gymnastics world was only just recovering from a devastating sexual abuse scandal when a promising young coach moved from Mississippi to Iowa to take a job in 2018 at an elite academy known for training Olympic champions. Liang …
Six Killed in Michigan Collision Between Truck and Van Carrying Amish Group
A pickup truck went through a stop sign in rural Michigan and crashed into a van carrying members of an Amish community, killing at least six people, authorities said. The crash occurred last Tuesday afternoon in Tuscola County’s Gilford Township, …
Michigan Man Wins $60M in False Charges Case
A jury awarded nearly $60 million last week to a man who accused a disgraced Michigan prosecutor and a police officer of violating his rights in filing sexual abuse charges in a case that was ultimately dismissed by the state …
Bayer Settles Sky Valley Cases Over Chemical PCB
Bayer said on Monday it reached agreements in principle with more than 200 plaintiffs to resolve the so-called Sky Valley Education Center product liability cases related to the chemical PCB, but said payments were already reflected in recent financial reporting. …