The state of Vermont is offering well testing, free water and other support for southern Bennington and Shaftsbury in the wake of research last year that found PFAS contamination in the Bennington area has spread and worsened over time. The state is also in active negotiations with the current corporate owner of the now shuttered ChemFab factory in Bennington, which produced Teflon-coated fiberglass fabrics, containing PFOA, perfluorooctanoic acid. PFOA is a specific type of PFAS, or per- and polyfluoroalkyl substances, which are a group of thousands of synthetic, toxic compounds that can be found in common items like cookware and…
Author: Awais
Property insurers in the State of Florida are expected to benefit from a more pronounced softening of reinsurance pricing and rates at the June 1 2026 renewals, which may serve to sustain the positive market momentum being seen since the legislative reforms, AM Best has explained.Florida’s property insurance market was once deemed dysfunctional due to the proliferation of litigation and issues such as assignment of benefits (AOB), but legislative reforms enacted in recent years have meaningfully changed the picture and served to increase the appetite of reinsurance capital to support catastrophe exposed risks on the Peninsula. Despite that, alongside improving…
A fuller picture is emerging of how the expiration of enhanced subsidies is affecting the Affordable Care Act exchanges and the millions of Americans who rely on them for coverage.
Mutual of Enumclaw named Joe Peterson vice president of claims and chief claims officer. Peterson has more than 20 years of claims leadership experience, most recently as vice president – P/C claims at Zenith Insurance Company. Joe Peterson He also held multiple claims leadership positions at Nationwide Insurance and Allied Insurance. Mutual of Enumclaw is a Washington-based regional insurer specializing in personal, business and farm and ranch coverage. Topics Claims Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Claims? Get automatic alerts for this topic.
A difference-in-difference, quasi-experimental design was used to estimate a “treatment effect” (PEPFAR), based on comparison to a control group (the counterfactual). The difference-in-difference design compares the before and after change in outcomes for the treatment group to the before and after change in outcomes for the comparison group. The outcomes of interest, their definitions and sources are listed in Table 1. Baseline variables are listed in Table 2. The panel data set of 157 low- and middle- income countries used in the prior analysis, covering 1990 to 2018, was updated to include data through 2022. COVID-related funding was not included.…
Nessa Joins Lawley as Insurance Advisor AmyRae Nessa Lawley, headquartered in Buffalo, New York, hired AmyRae Nessa as an insurance advisor. With more than a decade of experience supporting businesses across Western New York, Nessa specializes in construction, hospitality and business development. Prior to joining the firm, she served as membership and sales director for the construction exchange of Buffalo & WNY, working directly with contractors, developers and industry leaders. Great Bay Hires Famiglietti as VP, Commercial Lines The Great Bay Insurance Group, headquartered in West Atlantic City, New Jersey, hired Anthony Famiglietti as vice president – commercial lines. Famiglietti…
California workers’ compensation written premiums in calendar years 2022 through 2025 were relatively stable compared to the large swings that occurred during the pandemic, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California published its latest Quarterly Experience Report, an updated look at statewide insurer experience valued as of Dec. 31, 2025. The WCIRB report shows average charged rates have declined steadily since 2014, reaching a historical low in 2025, and that smaller decreases in the past two years suggest this trend may be leveling off. Related: California Workers’ Comp Bureau Upping Fee for Special Inspections The…
The reddish-brown mud that smothered Bok Kongphan’s Hawaii farm has hardened in the tropical sun. Irrigation tubes lie in a tangle where his lemongrass, cucumber and okra once flourished. His niece, Jeni Balanay, lost her crops too—a mustardy green called choy sum, bitter melon, tomato. The leaves of her recently planted banana, coconut and mango have gone yellow, the trees unlikely to survive. Across Oahu’s North Shore, an area famed for its big-wave surfing, the small farms that help supply the island’s food are struggling after back-to-back storms in March brought the state’s worst flooding in two decades. Officials are…
Gallagher Appoints Practice Leaders From Assured Partners Gallagher is expanding its US retail brokerage capabilities with the appointment of the new practice leaders. Alush Garzon Alush Garzon, managing director, manufacturing, brings extensive experience developing comprehensive risk management programs for manufacturers and has a firsthand perspective in the sector from his time as a manufacturing engineer. Trevor Gilstrap Trevor Gilstrap, managing director, energy, joins Mike Hogue as practice leader to deepen Gallagher’s expertise in the energy sector. Gilstrap advises energy clients across the risk and insurance spectrum, with a focus on upstream and midstream organizations and the contractors that support them.…
Early fears that Anthropic’s new AI model, Mythos, could dramatically turbocharge hacking are looking overstated a month after its release. The company warned at launch in April that Mythos had uncovered thousands of software vulnerabilities — including flaws across every major operating system and browser — and said the fallout from its spread could be severe. Governments took notice. Officials in multiple countries huddled with banks to assess risks, and by early May the White House was weighing rules to control how new models are released after safety testing. But inside the cybersecurity world, the reaction has been more measured…
Virginia will remain as one of only two states where courts do not allow class actions. Gov. Abigail Spanberger, a Democrat, has vetoed a measure that would have initiated a procedure to allow class actions in state courts. The legislature passed bills (House Bill 449 and Senate Bill 229) earlier this year but Spanberger returned them with suggestions for amendments that included limiting the courts where class actions could be brought and making it easier for courts to dismiss such cases sooner in the process. Democratic Senate Majority Leader Scott A. Surovell and Democratic Delegate Marcus B. Simon were the…
One Alliance North America Insurance Company, the US homeowners and commercial lines specialist underwriter and carrier that recently priced and secured a debut $115 million One Shield Re Ltd. (Series 2026-1) catastrophe bond, has said the upsized transaction supports its ability to protect policyholders and communities.One Alliance North America ventured into the catastrophe bond market to sponsor its first deal in mid-March, with an initial target to secure $100 million or more in multi-peril reinsurance. It marked the insurers first attempt to lock-in multi-year and fully-collateralized protection in 144A cat bond form. The offering was well-received, with the insurer first…
Lawmakers introduced a resolution to end the WISeR model, which Democrats say is delaying and denying care to seniors.
Liberty Taps Kooijman as General Manager, Insurance, Netherlands, Belgium, Nordics Liberty Specialty Markets, part of Liberty Mutual Insurance Group, announced the appointment of Monique Kooijman as general manager for Netherlands, Belgium and the Nordics, subject to regulatory approval. Kooijman will be based in the Netherlands and will report to Pierre-Edouard Fraigneau, president, Liberty Europe. Kooijman joins Liberty from Everest, where she served as head of Northern Europe, playing a key role in accelerating regional growth and strengthening strategic broker relationships across the market. She has more than 30 years of international insurance experience, having previously held senior leadership positions at…