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Rockford Mutual Launches Commercial Insurance Offerings in Michigan
Rockford Mutual announced the official launch of their suite of commercial insurance products in the state of Michigan, effective August 18, 2025 This strategic expansion includes Businessowners Policies (BOP), Commercial Package Policies (CPP), and Commercial Umbrella coverage, designed to meet …
POSTED AUGUST 18, 2025 4:53 PM |
Swiss Re Tops List of Largest Reinsurers on its Shift to IFRS-17 Accounting: AM Best
Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM Best. Swiss Re had previously …
POSTED AUGUST 18, 2025 4:36 PM |
Temporary Barriers Spared Alaska’s Capital From Severe Flooding, Long-Term Fix Elusive
The glacial flooding that sent residents of Alaska’s capital city scrambling this week has become an annual ordeal for those who live along the picturesque river that winds from the nearby Mendenhall Glacier. This year, a giant wall of reinforced …
POSTED AUGUST 18, 2025 4:08 PM |
Arthur J. Gallagher Completes $13.5 Billion Acquisition of AssuredPartners
Arthur J. Gallagher & Co. announced it has closed the previously announced acquisition of U.S. insurance broker AssuredPartners, further expanding its retail middle-market property/casualty and employee benefits focus across the U.S. Gallagher announced in December that it had agreed to …
POSTED AUGUST 18, 2025 4:04 PM |
US Plans $750M Fly Factory in Texas to Stop a Flesh-Eating Cattle Parasite
The U.S. plans to build a $750 million factory in southern Texas to breed billions of sterile flies, ramping up its efforts to keep flesh-eating maggots in Mexico from crossing the border and damaging the American cattle industry. Secretary Brooke …
POSTED AUGUST 18, 2025 3:49 PM |
Six Killed in Michigan Collision Between Truck and Van Carrying Amish Group
A pickup truck went through a stop sign in rural Michigan and crashed into a van carrying members of an Amish community, killing at least six people, authorities said. The crash occurred last Tuesday afternoon in Tuscola County’s Gilford Township, …
POSTED AUGUST 18, 2025 3:47 PM |
Michigan Man Wins $60M in False Charges Case
A jury awarded nearly $60 million last week to a man who accused a disgraced Michigan prosecutor and a police officer of violating his rights in filing sexual abuse charges in a case that was ultimately dismissed by the state …
POSTED AUGUST 18, 2025 3:40 PM |
Bayer Settles Sky Valley Cases Over Chemical PCB
Bayer said on Monday it reached agreements in principle with more than 200 plaintiffs to resolve the so-called Sky Valley Education Center product liability cases related to the chemical PCB, but said payments were already reflected in recent financial reporting. …
POSTED AUGUST 18, 2025 3:11 PM |
Markets/Coverages: Vortex Pays Out After a Mere ‘Trace’ of Rain
Vortex Weather Insurance has introduced RainSure, the latest addition in its line of parametric rain insurance products. RainSure differs from Vortex’s existing parametric rain insurance products by offering incremental payouts for every .01 inch of rain up to a .25-inch, …
POSTED AUGUST 18, 2025 2:40 PM |
People Moves: Insurance Women Chapter Forms in Western Massachusetts
Pioneer Valley Launches MAIW Chapter Insurance industry professionals have established a new chapter of the Massachusetts Association of Insurance Women (MAIW) in the Pioneer Valley region in western Massachusetts. The 2025-2026 MAIW – Pioneer Valley Chapter board members include: Director: …
POSTED AUGUST 18, 2025 2:16 PM |
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