The Andover Companies has now secured $250 million of collateralized catastrophe reinsurance from its new Locke Tavern Re Ltd. (Series 2026-1) catastrophe bond sponsorship, more than replacing the soon to mature protection from its 2023 deal, Artemis can report.The Andover Companies, a large and long-standing mutual insurance group in the Northeast US, had sponsored its debut catastrophe bond back in March 2023. The first Locke Tavern Re cat bond secured the sponsor $175 million of multi-peril catastrophe reinsurance protection backed by capital market investors, to protect its main underwriting entities and it is due to mature at the beginning of…
Author: Awais
A deckhand on the reality television show “Deadliest Catch,” which documents the lives of crab fishermen working in one of the world’s harshest environments, died after he was reported to have fallen overboard, the U.S. Coast Guard said. The Coast Guard received a notification shortly after 5 p.m. Feb. 25 from the Aleutian Lady that crew member Todd Meadows had fallen overboard about 170 miles north of Dutch Harbor, Alaska, Chief Petty Officer Travis Magee, a spokesperson with the Coast Guard’s Arctic District, said by email Tuesday. “He was recovered unresponsive by the crew approximately ten minutes later,” Magee wrote.…
Camp Mystic cannot alter its property by the Guadalupe River where 27 girls and the camp’s executive director died last summer, so that evidence can be preserved while a lawsuit proceeds, a judge in Austin ruled Wednesday. The camp cannot demolish, repair or reconstruct a number of cabins where campers slept when a massive flood struck on July 4, Travis County District Court Judge Maya Guerra Gamble said. The camp also cannot modify its grounds or its office building, recreation hall or commissary — all points of interest in the wrongful death case filed by the parents of camper Cile…
Highstreet Insurance Partners announced that Todd Macumber has joined the organization as chief growth officer. In this role, Macumber will lead business development and industry solutions, while also overseeing loss control and claims management. He will report to James Hutchinson, chief commercial officer & president, specialty and will be based out of Highstreet’s Chicago office. Todd Macumber Macumber brings deep operational and strategic leadership experience to Highstreet. Most recently, he served as chief operating officer of commercial lines at Hub International, where he was responsible for driving performance, enhancing client service models, and leading large-scale growth initiatives across the commercial…
Chubb, however, moved to block it. On January 13, 2026, the company notified the SEC of its intent to exclude the proposal, citing the “ordinary business operations” exception under SEC Rule 14a-8(i)(7). As You Sow says it requested two weeks to respond to the SEC, but the agency – which has recently stepped back from weighing in on such disputes – issued a “no-objection” letter the same day, January 15, 2026, effectively clearing the path for Chubb to leave the proposal out.
The Host Julie Rovner KFF Health News @jrovner @julierovner.bsky.social Read Julie’s stories. Julie Rovner is chief Washington correspondent and host of KFF Health News’ weekly health policy news podcast, “What the Health?” A noted expert on health policy issues, Julie is the author of the critically praised reference book “Health Care Politics and Policy A to Z,” now in its third edition. This month marks host Julie Rovner’s 40th anniversary reporting on health policy in Washington. Over that time, she’s covered a vast range of topics, from the response to the AIDS epidemic, to Medicare and Medicaid changes, to the…
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Severe storms in Kansas caused $879 million in insurance claims in 2025, the state insurance department said. More than 82,000 total storm claims reported in 2025. The claim amounts was a 99% increase from 2023, which totaled 147,710 claims and paid out $442 million. “These numbers serve as a reminder that severe storms happen right here in Kansas, and the damage is costly.” said Commissioner Vicki Schmidt. “Review your policy and check in with your insurance agent to make sure you are ready for this storm season.” Sedgwick County, home to Wichita, accounted for more than one-third of all paid…
It’s looking increasingly likely that the UnitedHealth and CVS drug middlemen will also make peace with federal regulators, after Cigna agreed to a sweeping settlement in the insulin lawsuit last month.
Prosecutors began presenting never-before-seen video depositions of Meta executives at a trial in New Mexico on Tuesday to bolster accusations that the social media conglomerate failed to disclose what it knows about harmful effects to children on its platforms, including Instagram. New Mexico prosecutors are billing depositions from Meta CEO Mark Zuckerberg and Instagram leader Adam Mosseri as centerpieces of the state’s case against Meta, which owns Facebook, Instagram and WhatsApp. Prosecutors have accused Meta of violating state consumer protection laws. Related: Google Gemini Accused of Coaching Florida Man to Suicide Prosecutors say the dangers of addiction to social media…
Despite the plunge in US electric vehicle sales, it appears there’s a critical enough mass to sustain the companies building public charging infrastructure. ChargePoint Holdings Inc. posted a 7% increase in sales in the last quarter of 2025, even as new EV sales fell by nearly 40% compared to the year-earlier quarter. “A lot of people get fixated on the new EV sales,” ChargePoint Chief Executive Officer Rick Wilmer said. “But what really drives our business is not only new EV sales, but the cumulative number of EVs that are on the road.” There are now roughly 5.8 million EVs…
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized Pond & Company with a Lone Star Safety Award renewal for demonstrating an ongoing commitment to workplace safety and health at its Baytown facility. Pond & Company, an engineering, architecture, and consulting firm, employs 30 workers at the site. The company promotes a proactive safety culture that encourages employee involvement, open communication, and continuous improvement. Employees actively identify hazards, report concerns, and recommend corrective actions to help prevent injuries and illnesses before they occur. This recognition represents the company’s third Lone Star Safety Award. Pond & Company first…
A Georgia man who gave his teenage son the gun he’s accused of using to kill two students and two teachers at a high school was convicted Tuesday of second-degree murder and involuntary manslaughter. Jurors took less than two hours to find Colin Gray guilty of all charges in the September 2024 shooting at Apalachee High School in Winder, northeast of Atlanta. Gray now joins a growing number of parents being held responsible in court after their children were accused in shootings. Colin Gray was found guilty of second-degree murder in the deaths of two 14-year-old students, Mason Schermerhorn and…
It’s now up to the Florida House of Representatives to adopt last-minute changes to a controversial bill that would set up not one but two clearinghouses for Citizens Property Insurance commercial policies. The state Senate Wednesday night approved Senate Bill 1028, pushed by state Sen. Joe Gruters, by a vote of 33-1, despite Gruters sidestepping or failing to answer almost every question about the revised version. When Sen. Carlos Guillermo Smith, D-Orlando, asked Gruters if the amended bill would limit fees that a clearinghouse administrator could charge, Gruters said, “Yes—15%.” But that 15% in the bill refers only to the…
