Author: Awais

Within Oklahoma, the notice is directed to all life and accident and health insurers; it does not reference brokers, managing general agents, underwriters, or other intermediaries directly, nor does it specify additional phased implementation dates, transitional measures, or operational requirements beyond the effective date of January 1, 2026. The Oklahoma Insurance Department indicates that companies with questions regarding the notice should direct them to their assigned financial analyst, and no further implementation guidance or compliance detail is provided in the February notice itself.

Read More

As a result, the New Mexico OSI directs that, before 90 days following the bulletin (May 11, 2026), insurers must provide written notice to their affected policyholders using specified wording (or language of similar meaning) titled “NOTICE OF A CHANGE IN YOUR COMMUNITY’S PUBLIC PROTECTION CLASSIFICATION THAT MAY IMPACT YOUR PROPERTY INSURANCE PREMIUM.” The ISO’s intended effective date is July 1, 2026.

Read More

Higginbotham expands Midwest presence Higginbotham has announced Jason Rankin has joined the firm as employee benefits practice leader for Indiana, Kentucky, and Ohio. Rankin has more than 25 years of experience in underwriting, production, agency ownership, and practice leadership. He most recently served as managing director at Foundation Risk Partners, leading the employee benefits practice in Kentucky.

Read More

Trisura Group Ltd. reported full-year 2025 results showing steady growth, strong profitability, and capital expansion, positioning the specialty insurer ahead of analyst expectations and broadly in line with top-tier peers despite signs of margin pressure across parts of the specialty market. The company posted operating net income of $138.4 million (all figures in Canadian dollars) for the year ended December 31, 2025, up 1.9% from 2024, while fourth-quarter operating net income reached $36.6 million. Diluted operating EPS for the quarter was $0.75, exceeding the analyst consensus estimate of $0.72.

Read More

The final dispute centered on how much damage remained after the January 2024 inspection. Farmers made payments totaling $5,181.67 and $842.84, while the Johnsons alleged the damage totaled $19,171.42. When the Johnsons filed suit in August 2024, Farmers moved for summary judgment based on a clause in the policy that required any lawsuit to be filed within two years of the loss. Since the derecho hit in August 2020, the insurer argued, the deadline had long passed.

Read More

Alliant Insurance Services has acquired Laredo Commercial Insurance Agency’s for-hire trucking portfolio and established a Laredo, Texas office, while Brighthouse Financial shareholders have approved a $4.1 billion merger with Aquarian Capital, and Continental General has completed its acquisition of approximately 91,000 insurance policies from state guaranty associations.

Read More

Ryan Specialty posted revenue of $751.2 million for the fourth quarter ended Dec. 31, 2025, representing a 13.2% increase from $663.5 million in the same period a year earlier, though the specialty insurance firm saw profit margins decline as it absorbed costs from technology initiatives and acquisitions.

Read More

Zero knowledge, not just “more encryption” While many specialty vendors tout encryption, Capsara’s Zero Knowledge Architecture is aimed at a stricter standard. Under this model, data is encrypted before it leaves a carrier or agency system, remains encrypted while transiting and resting on Capsara, and can only be decrypted by authorized recipients. The platform itself never holds the keys.

Read More

KFF Health News senior contributing editor Elisabeth Rosenthal discussed the cost of cancer care in the wake of James Van Der Beek’s death on ABC News’ ABC News Live on Feb. 12. Click here to watch Rosenthal on ABC News Live. KFF Health News Southern California correspondent Claudia Boyd-Barrett discussed how families of detainees by the U.S. Immigration and Customs Enforcement agency are struggling to find those who have been hospitalized on KQED’s The California Report on Feb. 10. Click here to hear Boyd-Barrett on The California Report. Read Boyd-Barrett’s “‘I Can’t Tell You’: Attorneys, Relatives Struggle To Find Hospitalized ICE Detainees.”…

Read More

Chris Walters (pictured above, right), chief executive officer of Inszone Insurance Services, said Scarbrough, Medlin & Associates has built trust through service, advocacy and accountability. “Their focus on people and relationships mirrors our own philosophy,” Walters said.

Read More