New precedent gave the agency the evidentiary and procedural footing it lacked in 2022
Author: Awais
The insurer set up a mobile claims center in Three Rivers, where the National Weather Service confirmed an EF-2 tornado with maximum wind speeds of 130 mph. The twister was on the ground for roughly 18 minutes, traveling nearly 11 miles through the heart of the city and damaging homes, businesses, and a hospital, WWMT reported.
Even as Trump’s policy changes gradually reduce some of those benefits, Perron said renewable growth in the US remains strong. “The One Big, Beautiful Bill curtails some of the benefits of building renewable energy, but it does so over a period of time,” he explained. “(Investment) will taper off but continue to grow because we need a significant amount of power.”
Glenn Maykish (pictured), global head of multinational solutions at IMG, said their firm’s travel assistance operations have remained stable despite the evolving conflict between the United States and Iran. However, the nature of requests from travelers is beginning to shift as security concerns mount across the region.
“Thrivent has more than 2.5 times the industry retention rate because we provide financial advisers with unrivaled support, the right capabilities and a collaborative environment,” Cecere said in a statement. “Thrivent has created a place where advisers can grow their businesses and build purposeful, long-lasting careers, regardless of where they are in their professional journey.”
“Marv was a great man and a staunch supporter of NAIFA, the profession, and the entire life insurance industry,” NAIFA CEO Kevin Mayeux said in a statement. “He dedicated much of his life to helping people understand the importance of life insurance and other protection products, and he played an important role in shaping the development of Life Happens along the way. I was privileged to know Marv personally and to be friends with his daughters, Terri and Barbi, since our college days. His leadership, generosity, and commitment to this profession will continue to inspire generations of financial professionals.”
Severe convective storm (SCS) outbreaks across parts of the United States this week are anticipated to drive insurance market losses in the low to mid-single-digit range, according to initial analysis from reinsurance brokers Gallagher Re and Aon.Steve Bowen, Chief Science Officer and Meteorologist at Gallagher Re explained that severe convective storms from March 10-12 were a “notable uptick” in activity, resulted in deadly tornadoes, as well as large, damaging hail storms. “An initial assessment of tornado, hail, and straight-line wind damage suggests insured losses were expected to eventually settle into the low to mid-single-digit billions (USD). The overall direct economic…
On capital, Securian’s nearly $3.6 billion of capital and surplus at Minnesota Life is materially smaller than the surplus reported by Northwestern Mutual or Guardian but is consistent with its narrower product and geographic footprint. That capital base, combined with conservative risk management, supports the strong ratings that underpin its position in group, individual life, annuity and institutional markets.
“I’m honored to step into the role of national casualty practice land excited to continue advancing the specialization and growth of our casualty practice,” Lowe said. “As the casualty market grows increasingly complex, our continued investment in hyper‑focused industry expertise and internal collaboration positions us to build on the strong foundation and momentum established under Chris’s [Chris Brown, chairman] leadership.”
KFF Health News southern correspondent Sam Whitehead discussed Medicaid work requirements on WUGA’s The Georgia Health Report on March 6. Click here to hear Whitehead on The Georgia Health Report. Read Whitehead’s “New Medicaid Work Rules Likely To Hit Middle-Aged Adults Hard,” co-reported with Samantha Liss. KFF Health News Colorado correspondent Rae Ellen Bichell discussed wage garnishment legislation on KUNC’s In the NoCo on March 5. Click here to hear Bichell on In the NoCo. Read Bichell’s “State Lawmakers Seek Restraints on Wage Garnishment for Medical Debt.” KFF Health News is a national newsroom that produces in-depth journalism about health…
Kin Insurance, the direct to consumer insurtech, is back in the catastrophe bond market and for the first time seeking hurricane reinsurance across more states than just Florida, with an initial $300 million target for this new Hestia Re Ltd. (Series 2026-1) issuance, Artemis understands.Kin Insurance has previously sponsored three Hestia Re catastrophe bonds, each of which provided it with pure Florida named storm reinsurance protection. Kin secured its debut $175 million Hestia Re Ltd. (Series 2022-1) catastrophe bond cover back in April 2022. That transaction was marked down for potential losses from hurricane Ian and as we reported last…
It all came down to one missing endorsement – and a $1.2 million price tag
The filing also highlights what Farmers characterizes as a deliberate effort to extract confidential data ahead of McKinney’s exit. On or about December 9, 2024, McKinney accessed a secured Farmers platform to generate a report sorting agency contacts by age and date range, the filing states. Then, on or about February 18, 2025, he downloaded the agency’s entire book of business in spreadsheet format.
Heritage Insurance Holdings, Inc. continues to seek $250 million or more in collateralized US named storm reinsurance from its Citrus Re Ltd. (Series 2026-1) issuance, but the company is now aiming to capitalize on investor appetite and has lowered and tightened the price guidance for the notes on offer, this publication has learned.Heritage has been an active player in the catastrophe bond market since 2014, when it sponsored its first Citrus Re cat bond. This new Citrus Re Ltd. Series 2026-1 catastrophe bond issuance will become the eleventh cat bond under the Citrus Re name that Heritage has sponsored and that we have…