AXIS and Stone Point Credit Launch Monarch Point Re, Raising Over $400M of Capital

AXIS Capital Holdings Ltd., together with its direct and indirect subsidiaries and branches, announced that it has partnered with Stone…

Texas Comptroller: State Revenue Driven by Increasing Insurance Premiums

When Texas lawmakers meet next month for a special session on funding public education, they will have more money available…

Keystone Adds Oklahoma’s Ascent to Growing Agency Network

Keystone, the participant-owned insurance agency network, has added Ascent Insurance Group (formerly LBV Insurance) based in Edmond, Oklahoma to its…

Invasive Spotted Lanternflies Found in Illinois, Threatening Crops and Native Tree

SPRINGFIELD, Ill. (AP) – Illinois is the latest state to find invasive spotted lanternflies, a winged insect that`s spreading across…

Ohio Adopts Four International Building Codes

The state of Ohio has adopted four of the 2021 International Codes including the 2021 editions of the International Building…

AM Best Downgrades Credit Ratings of Michigan’s Wolverine

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating…

Agents, Insureds Said Surprised by Nationwide’s 10,000 Nonrenewals in NC

In February, Nationwide Mutual Insurance filed notice with the North Carolina Department of Insurance that it would non-renew some 10,525…

Small Businesses Underestimate Cyber Risks Despite Increased Threats: IBC Survey

Most small businesses don’t believe they will experience a cyber attack, yet many employees are concerned they are putting their…

US Supreme Court Takes Up Case Over Corporate Trend Disclosures

The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a…

Subway Restaurant Franchise in Manhattan Pays for Wage Violations, Retaliatory Firing

The operator of a Subway restaurant franchise in Manhattan’s Lower East Side who the Department of Labor said fired an…