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Insurers Cut Florida Rates on Strong Earnings Florida drivers are seeing relief in auto insurance rates as the state’s top insurers implement significant reductions, driven by strong earnings, improved loss ratios, and the impact of recent legislative reforms. On March 5, 2026, Florida Insurance Commissioner Mike Yaworsky announced that the five largest private-passenger auto insurers—Progressive, … Read more
A proposed $30-million settlement has been reached in a class-action lawsuit alleging sexual, physical, and psychological abuse at two Catholic high schools in Metro Vancouver, British Columbia. The agreement, announced on March 6–9, 2026, resolves claims against Vancouver College (in Vancouver) and St. Thomas More Collegiate (in Burnaby), along with related entities like the Roman … Read more
Yes — ISC Group (formerly the Insurance Supper Club) has officially launched the Women’s Excellence Awards 2026, an expanded 18-category program designed to champion gender balance across the global insurance and financial services industry. The announcement was made today (March 6, 2026) and will culminate in a major conference + black-tie gala ceremony in September … Read more
North Carolina Business Court ruled on March 3, 2026, that captive insurer Oxford Insurance Company NC LLC (Series 1) cannot dismiss $116 million bad faith and unfair trade practices claims brought by law firm Watts Guerra LLC. Judge Julianna Theall Earp’s opinion (2026 NCBC 17) lets those claims proceed while dismissing the underlying breach-of-contract claim … Read more
INSURANCE INDUSTRY MOVES: USAA Appoints New CMO, Merchants Names Claims VP, Baldwin Group Announces Leadership Transition, Globe Life Raises 2026 Guidance, and TDC Specialty Promotes CUO By Mark Smith Follow us on X @realnewshubs and subscribe for push notifications New York, NY – March 2, 2026 – USAA new CMO Chris Curtin, Merchants Insurance Pete … Read more
GULF FLASHPOINT DRIVES MARINE INSURANCE CHAOS: Reinsurers Pull Back on War Risk Coverage as Israel-Iran Conflict Escalates – Rates Could Jump 25–50% Overnight By Mark Smith Follow us on X @realnewshubs and subscribe for push notifications New York, NY – March 2, 2026 – Gulf marine insurance rates surge, war risk reinsurance retreat Gulf, Israel … Read more
Financial Results Round-Up: AMERISAFE, Safety Insurance, TWFG, Root, HCI – Q4 and Full-Year 2025 Highlights The insurance sector delivered a mix of strong growth, profitability improvements, and strategic moves in Q4 and full-year 2025 results, released in late February 2026. Workers’ compensation, property/casualty, distribution, auto insurtech, and specialty players showed resilience amid market dynamics. AMERISAFE … Read more
Cyberattack Forces Rhode Island’s Workers’ Comp Insurer Offline: Beacon Mutual Systems Disrupted for Six Days Rhode Island’s largest workers’ compensation insurer, Beacon Mutual Insurance Company, has confirmed it was the victim of a cyberattack in mid-January 2026, forcing the company to disconnect portions of its network and take certain systems offline for six days to … Read more
A Washington landlord has filed a federal lawsuit against State Farm Fire and Casualty Company, accusing the insurer of severely mishandling his water damage claim by assigning it to seven different adjusters over eight months. The repeated turnover allegedly caused significant delays, leaving his rental property in Spokane Valley unrestored and uninhabitable for an extended … Read more