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UK Sets Out Rules to Create Captive Insurance Regime
The UK has proposed rules to help encourage a potential new insurance market worth billions of pounds as part of a drive to boost competitiveness. The Bank of England and the Financial Conduct Authority laid out plans for a captive …
POSTED JULY 15, 2026 9:16 AM |
People Moves: Everest Appoints Hanrahan as Global Distribution & Chief Commercial Officer
Everest Group Ltd., headquartered in Hamilton, Bermuda, appointed Craig Hanrahan as Global Distribution & Chief Commercial Officer, effective August 1, 2026. He will continue to report directly to Jim Williamson, Everest president and CEO, serving as a member of the …
POSTED JULY 15, 2026 5:05 AM |
One Weather Firm Warns That New England Could See Big Hurricane This Season
All of the best-known storm forecasting services have predicted a mild 2026 Atlantic hurricane season. That includes Colorado State University, which last week revised its outlook to “well below normal” with just nine named storms, four hurricanes, and only one …
POSTED JULY 15, 2026 5:02 AM |
Markets/Coverages: Lemonade Enters Maine and Vermont Renters Insurance Markets
Digital insurer Lemonade has expanded availability of its renters insurance into Vermont and Maine. They become the 43rd and 44th states where Lemonade offers renters insurance. Lemonade lets renters use an app to obtain quotes, purchase policies, update existing policies, …
POSTED JULY 15, 2026 5:00 AM |
Canada Suspends Animal Exports From Texas Due to New World Screwworm Concerns
Canada has suspended several animal exports from Texas due to concerns about the New World screwworm, according to the U.S. Department of Agriculture. The Canadian Food Inspection Agency is immediately suspending the export of horses, pigs, cattle, bison, sheep, goats, …
POSTED JULY 15, 2026 4:25 AM |
Texas Braces for Heavy Storms One Year After Deadly Floods
Slow-moving storms are drenching much of central Texas this week as a disturbance in the upper atmosphere collides with summer humidity to produce heavy rains. Flood alerts cover much of central Texas, including San Antonio, Austin and the Houston suburbs. …
POSTED JULY 15, 2026 4:22 AM |
Indiana Woman Pleads Guilty to Defrauding Elderly Victim of More Than $500K
An Indiana woman has pleaded guilty to wire fraud for her role in a six‑year scheme that targeted and financially devastated an elderly victim Shayna Williams, 51, of Westfield, was involved in a car accident with an elderly woman. Following …
POSTED JULY 14, 2026 4:54 PM |
AM Best Assigns Credit Ratings to Arkansas’ WoodStar Reciprocal Exchange
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to WoodStar Reciprocal Exchange (WoodStar), based in Little Rock, Arkansas. In addition, AM Best has assigned a Long-Term Issue Credit …
POSTED JULY 14, 2026 4:44 PM |
Antares’ CEO Michael van der Straaten Dies at 58
Antares, the specialist global re/insurance group, announced the death of its chief executive officer Michael van der Straaten. “It is with great sadness that we announce that Michael van der Straaten, CEO of Antares, passed away unexpectedly this weekend following …
POSTED JULY 14, 2026 4:25 PM |
Michigan Sues Water Services Company for Allegedly Submitting False Safe Reports
Michigan Attorney General Dana Nessel has filed a civil lawsuit against the president of water services provider Douglas Environmental for allegedly violating the Natural Resources and Environmental Protection Act (NREPA). Nessel contends that Brian Powell submitted false reports that did …
POSTED JULY 14, 2026 4:15 PM |
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