A real estate broker says an organization denied her the opportunity to purchase land in an Arkansas development because of her Jewish ancestry, and because she has a Black husband and biracial children, according to a lawsuit filed Wednesday in federal court. The lawsuit, filed in Arkansas on behalf of Michelle Walker, names Return to the Land, a development whose owners have said they must personally confirm that applicants are white before they are accepted, its Ozarks chapter and five officers. It says Return to the Land founders are “explicitly attempting to establish an all-white community.” The lawsuit also calls…
Author: Awais
A projection for when Corpus Christi expects to reach a water crisis was pushed back by three months after a wet April brought enough rain to delay an emergency but too little to quench a brutal drought. The city was initially bracing for a Level 1 emergency — the point when water demand is projected to be six months from exceeding supplies — to hit by September. Rain that the community has long prayed for fell last month, delaying the Level 1 projection to December and buying the city a few more months to plan for the expected emergency. Still,…
The US Army Corps of Engineers finalized an easement for a stretch of the Dakota Access pipeline that passes under a North Dakota lake, ending a years-long environmental review of the hotly contested oil conduit. The record of decision issued Thursday followed the US Army Corps’ December publication of an environmental impact statement that evaluated whether the pipeline could continue operating beneath Lake Oahe. Thursday’s result includes additional conditions including enhanced leak detection and monitoring requirements, according to a statement. The Dakota Access conduit began operating in 2017 and transports as much as 750,000 barrels of oil daily from North…
Church Mutual announced several leadership appointments to support its continued growth and operational focus. The company announced Daniel Kim has joined the company as senior vice president and chief financial officer, reporting to president and CEO Alan Ogilvie. Kim brings nearly two decades of insurance and financial leadership experience. Most recently, he served as Head of Planning & Performance Management for Zurich Cover-More, where he led enterprise planning, forecasting, and performance management. Prior to that, he served as CFO for Zurich’s Japan Property & Casualty business. Dewey Gantz, former senior vice president and chief financial officer, will transition into the…
Patriot Select Property and Casualty Insurance Company, a Florida based insurer, has announced the completion of its 2026 catastrophe reinsurance renewal, with $220 million of private market limit, $90 million of FHCF cover and $145 million to protect against second and subsequent events.The company noted that improving market conditions and continued stabilisation of the Florida insurance market helped to contribute towards lower reinsurance costs this year. Citing “more favorable pricing and terms” in its reinsurance renewal this year, Patriot Select cited the benefits of Florida’s legislative reforms and improving global reinsurance market conditions, from the protection buyers perspective. Effective June…
Physician pay hasn’t kept up with the costs of providing care, pushing independent practices to sell to health systems and likely increasing costs, witnesses said during a House subcommittee hearing Wednesday.
Howden, the global insurance broking group, launched its new U.S. Aviation Practice, led by Julio Jimenez, aviation practice leader. Jimenez is a seasoned leader whose ability to build and inspire teams is matched by his experience and expertise across the aviation sector. He most recently served as a partner, vice president and risk management consultant at USI Insurance Services. The new practice delivers comprehensive risk management services and insurance placement across a broad range of clients in the aviation ecosystem, including commercial airlines, fixed-base operators (FBOs), charter operators, aircraft and parts manufacturers, military contractors, public entities, and aerospace companies. Liberty…
For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey found premiums decreased an average of 1.2% across all accounts. Large account premiums fell an average of 2.7% while medium account premiums fell 1.9%. Small account premiums increased 1.1%, a 60% decrease from Q4 2025’s rise of 2.8%. Results for Q1 continue a trend. Overall results for Q4 2025 included an average increases in premiums for all account sizes rose…
Mangrove Property Insurance has successfully secured an upsized $111 million of named storm reinsurance protection from its debut Buttonwood Re Ltd. (Series 2026-1) catastrophe bond sponsorship, with all four tranches of notes pricing for spreads at the bottom ends of initial guidance or lower, Artemis can report.Mangrove Property Insurance was launched to offer homeowners’ insurance in Florida in early 2025 and has already offered and priced its first catastrophe bond. Initially, Mangrove was targeting $100 million of reinsurance across issuance of four tranches of Series 2026-1 cat bond notes by Buttonwood Re when this deal was first offered to investors in…
The proposed rule codifies cuts outlined in the GOP’s “One Big Beautiful Bill,” but also takes other steps to restrict supplemental Medicaid payments. The CMS said it would save the federal government over $500 billion if finalized.
US weather agency NOAA anticipates an 82% chance of El Niño between May to July and with the warm phase of the El Niño-Southern Oscillation seen to moderate tropical activity in the Atlantic, the first forecast from NOAA for the 2026 Atlantic hurricane season is for a 55% chance of below-normal activity levels.There are less than two weeks until the accepted start of the 2026 Atlantic hurricane season and forecasters are all highlighting how the expected onset of El Niño conditions will influence the coming months in the tropics. Some forecasters have lowered the number of storms they anticipate in…
However, data was limited, so it’s too early to make firm conclusions, the watchdog clarified. That didn’t stop the largest PBM lobby from jumping on the report as concrete proof that consolidation doesn’t drive up prices.
The recently announced Ebola outbreak in the Democratic Republic of the Congo (DRC), which is quickly escalating in the region, emerges at a time when the larger fiscal and programmatic environment for global health efforts faces particular hurdles, and international cooperation has been significantly challenged. This is in large part due to policy decisions made by the Trump administration and presents the first real global outbreak test following those changes. On May 15, news broke of a large, ongoing Ebola outbreak concentrated in northeastern DRC. Two days later, the Director-General of the World Health Organization (WHO) declared the outbreak to…
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’ name that the land annexed will not become a data center,” said Matt Long, a member of the development commission in surrounding Hood County. Despite his plea, and a chorus of complaints from his neighbors, the council voted just four months later to rezone 2,100 acres of land for a potential data center known as Project Patriot. The rebellion stands…