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AM Best Revises Outlooks to Stable for Missouri Valley Mutual
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Missouri Valley Mutual Insurance Company (MVMIC) based in Burke, South Dakota. …
POSTED MAY 21, 2026 4:23 PM |
Texas Summer Camps Face Closure Due to New State Regulations
After almost 20 years of bouncing from campground to campground, Orr Family Ministries finally found its home in 2022 on a 12-acre tree-filled campground located on a hill in Colorado County. Kids played in the swimming pool, worshipped by the …
POSTED MAY 21, 2026 3:59 PM |
Iran in Talks With Oman Over Permanent Toll System for Hormuz
Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its control of maritime traffic through the Strait of Hormuz. “Iran and Oman must mobilize all their resources both to provide …
POSTED MAY 21, 2026 3:58 PM |
Texans Hate Data Centers So Much They Are Asking Jesus for Help
In Granbury, Texas, city council meetings begin with a prayer. But at a session back in January, one local invoked the Almighty in a way that would have been unimaginable just a decade ago. “I want to pray in Jesus’ …
POSTED MAY 21, 2026 3:54 PM |
WTW Sues Former Yacht Team, Howden US Over Defection
Howden US is again being sued by a rival broker over another group of new employees who are alleged to have breached loyalty and post-employment contractual obligations. According to a lawsuit filed May 19 in U.S. District Court for the …
POSTED MAY 21, 2026 3:43 PM |
Trump to Sign Order on AI Oversight as Security Fears Mount Among Supporters
U.S. President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight of …
POSTED MAY 21, 2026 2:24 PM |
US P/C Industry Underlying Growth Expected to Slow in 2026
The U.S. property/casualty insurance industry is expected to see underlying growth decrease 3.7% for the first half of 2026 as it deals with economic uncertainty. The industry grew 1.6% in 2025, but a report from the Insurance Information Institute (Triple-I) …
POSTED MAY 21, 2026 1:54 PM |
Maine High Court Upholds Claims Settlement, Case Dismissal Over Insured’s Objection
A court was right to acknowledge an insurance company’s settlement of a claim and dismiss the lawsuit against its insured without the insured’s approval, the Maine Supreme Judicial Court has ruled. The insured, Patrick O’Brien, objected to the settlement and …
POSTED MAY 21, 2026 1:52 PM |
Containment Grows on California Wildfire That Forced Thousands to Evacuate
Containment has continued to increase on the Sandy fire in Simi Valley, which prompted evacuation orders for tens of thousands of people in Ventura County earlier this week. Though fire activity has slowed, the blaze still poses danger, fire officials …
POSTED MAY 21, 2026 1:21 PM |
War Overtakes Civil Unrest as Top Political Violence Exposure for Global Businesses
War has overtaken civil unrest as the political violence exposure that companies fear most, as conflicts in Europe and the Middle East disrupt global trade flows, strain political alliances, embolden adversarial powers and heighten risks to business assets, according to …
POSTED MAY 21, 2026 1:10 PM |
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