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Red Sea War Insurance Costs Rise After Houthi Blockade, Sources Say
The insurance cost of shipping goods through the Red Sea rose on Monday after Yemen’s Iran-aligned Houthis said they were imposing a naval blockade on Saudi Arabia, escalating risks for merchant shipping, insurance industry sources said. The move by the …
POSTED JULY 21, 2026 8:51 AM |
Insurance Woes Amid US-Iran War Stall Airlines’ Return to Dubai
Challenges in securing insurance as hostilities between the US and Iran escalate are slowing the return of some foreign airlines to Dubai, the chief executive of the entity that owns and manages its airports said. International carriers’ operations to Dubai …
POSTED JULY 21, 2026 8:28 AM |
People Moves: MacLean Named VP, Head of Surety at Frankenmuth
Frankenmuth Insurance promoted Keith MacLean to vice president, head of surety. MacLean has over 20 years of industry experience and most recently served as vice president, commercial surety field operations. In his new role, MacLean will be responsible for setting …
POSTED JULY 21, 2026 7:00 AM |
Cyclosporiasis Cases in Michigan Climb Above 6,000, State Health Officials Say
Michigan health officials reported 6,148 cases linked to an outbreak of cyclosporiasis on Monday, an increase of 1,146 cases since their last update on Friday. The outbreak in Michigan has resulted in 102 hospitalizations, according to the latest update from …
POSTED JULY 21, 2026 7:00 AM |
Texas Heat to Challenge State Grid’s Power Demand Record
A blast of intense heat across eastern Texas is set to challenge the state grid’s all-time power demand record. Preliminary estimates from the Electric Reliability Council of Texas, or Ercot, show demand late Monday afternoon neared the 85.508 gigawatts record …
POSTED JULY 21, 2026 6:20 AM |
Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals
The world’s largest berry company will have to face a class-action lawsuit for supposed “greenwashing” after it allegedly failed to disclose the risk or use of pesticides containing what are known as “forever chemicals.” In a class-action lawsuit filed earlier …
POSTED JULY 21, 2026 5:16 AM |
Overlapping Disasters Challenge States Amid Trump Cuts
Across the US last week, different disasters — from Canadian wildfire smoke darkening the skies in the Midwest and Northeast to extreme heat along the East Coast to catastrophic flooding in Texas — disrupted daily life and put people’s health …
POSTED JULY 21, 2026 5:09 AM |
Another Sign of the Times: Security First Reduces Average Dwelling/Fire Rates
Ormond Beach-based Security First Insurance, with almost 50,000 dwelling/fire policies in Florida, announced it has cut average rates and is offering new discounts for DP policyholders. The carrier said it has reduced rates by an average of 5.6% for its …
POSTED JULY 21, 2026 5:02 AM |
People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team
Mutual of Enumclaw Insurance Holding Company Appoints Roddy as CFO Mutual of Enumclaw (MOE), headquartered in Enumclaw, Washington, appointed Scott Roddy as chief financial officer (CFO) of the Mutual of Enumclaw Insurance Holding Company. Roddy brings more than 20 years …
POSTED JULY 21, 2026 5:00 AM |
LA Dodgers Owner’s Insurers Being Probed by Prosecutors
The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from U.S. prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to people with knowledge …
POSTED JULY 21, 2026 5:00 AM |
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