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Texas Counties Have Little Power to Stop Building in Flood-Prone Areas
Camp Mystic, the private summer camp that now symbolizes the deadly Central Texas floods, sat on a tract of land known to be at high risk for a devastating flood. Nearly 1.3 million Texas homes are similarly situated in parts …
POSTED JULY 09, 2025 4:48 PM |
Kansas Insurance Commissioner Schmidt Announces Run for Governor
Kansas Insurance Commissioner Vicki Schmidt announced her bid to run for Governor of Kansas in 2026. Schmidt, a lifelong Republican, began her career as a pharmacist after graduating from the University of Kansas. She has worked for over 40 years …
POSTED JULY 09, 2025 4:39 PM |
Lemonade Expands Car Insurance to Indiana
Lemonade announced this week the expansion of its car insurance product in Indiana. With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market. Lemonade’s existing customers in the state already account …
POSTED JULY 09, 2025 4:27 PM |
People Moves: RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer; MS Reinsurance Restructures Underwriting Operations, Making Leadership Changes
This edition of International People Moves details appointments at RiverStone International and MS Reinsurance. A summary of these new hires follows here. RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer RiverStone International Holdings, the UK-based acquirer and reinsurer of …
POSTED JULY 09, 2025 4:03 PM |
AM Best Revises Outlook to Negative for Texas’ Service Insurance Group
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance Company, a Stock Company and Service American Indemnity …
POSTED JULY 09, 2025 3:52 PM |
Focus on First Responders’ Mental Health Grows in Texas Flood Recovery
Riding on horseback through brush and over numerous dead turkeys, Margo Mellon spent Tuesday scanning the flood-ravaged ground of Texas’ Hill Country for dead bodies. As she and her rescue mates trudged through the muddy terrain, state officials announced that …
POSTED JULY 09, 2025 3:44 PM |
Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs
President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in early August while indicating he could announce substantial new …
POSTED JULY 09, 2025 3:17 PM |
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth (adjusted for inflation) is expected to slow to 2.3% …
POSTED JULY 09, 2025 3:04 PM |
House Swept Away as Flash Flooding Hits Mountain Village in New Mexico
At least three people were missing in a mountain village in southern New Mexico that is a popular summer retreat after monsoon rains triggered flash flooding Tuesday that was so intense an entire house was swept downstream. Emergency crews carried …
POSTED JULY 09, 2025 1:51 PM |
Villages Health System Sees $350 Million in Medicare Overcharges
A health-care system serving the largest retirement community in the US has filed for bankruptcy after disclosing it potentially overbilled Medicare by at least $350 million, according to court filings. The Villages Health System LLC, which operates clinics for retirees …
POSTED JULY 09, 2025 1:42 PM |
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