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Commercial Lines Rates Continue to Soften, Says Ivans Index
Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. “Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the …
POSTED APRIL 27, 2026 5:12 AM |
Trend of Fewer Insurance M&A Deals ‘Bottoming Out’: OPTIS
Insurance agency mergers & acquisitions in the first three months of 2026 were down 6% compared with the same period last year. It was the 10th consecutive quarter of deal volume below the long-term trend line but, investment banking and …
POSTED APRIL 27, 2026 5:12 AM |
South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement
Eight years after South Carolina lawmakers forced a $1 million liquor liability insurance requirement on bars and restaurants, and one year after they tweaked the law with conditional coverage requirements, the state Senate is trying again. Senators voted last week …
POSTED APRIL 27, 2026 5:01 AM |
Former Ransomware Negotiator Pleads Guilty to Aiding Attackers
A former ransomware negotiator has pleaded guilty to charges he helped a ransomware group extort tens of millions of dollars from companies. Angelo Martino, 41, of Land O’Lakes, Florida, worked for a cyber incident response company as a ransomware negotiator …
POSTED APRIL 27, 2026 5:01 AM |
Tornado Tears Through Oklahoma Town, Damaging 40 Homes
Raeann Hunt scrambled to her cellar as a tornado bore down on her Oklahoma community. “It is headed right for us,” she recalled thinking, as she peeked outside, unable to contain her curiosity. Huddled inside the dark 8-by-8 foot (2.44-by-2.44 …
POSTED APRIL 27, 2026 5:00 AM |
CFTC Sues New York to Block Oversight of Prediction Markets
The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets COIN.O and Gemini Titan GEMI.O of promoting gambling. In a complaint …
POSTED APRIL 27, 2026 5:00 AM |
Water to Surge into Drought-Depleted Lake Powell But at Costs Elsewhere
Canyons in eastern Utah will churn this spring with huge volumes of water—as much as 50,000 toilets flushing constantly at the same time—in a desperate attempt to maintain electricity generation for thousands of homes across much of the Western U.S. …
POSTED APRIL 27, 2026 5:00 AM |
People Moves: Alliant Appoints Cusack as President, Alliant Property & Casualty
Alliant Insurance Services named Michael J. Cusack president of Alliant Property & Casualty. Cusack previously served as head of Alliant Specialty, responsible for overseeing 16 industry verticals and expanding Alliant’s specialty business across the U.S. Cusack has more than 35 …
POSTED APRIL 27, 2026 5:00 AM |
Maine Governor Blocks First State Freeze on New Data Centers
The Democratic governor of Maine, Janet Mills, on Friday vetoed a bill that would have made it the first U.S. state to impose a moratorium on large new data centers, even as local opposition to the electricity-hungry facilities grows. The …
POSTED APRIL 26, 2026 6:30 PM |
Massive Ice Sheets Threaten Homes in Northern Michigan
Large chunks of ice rammed into homes along Michigan’s Black Lake in the northeastern Lower Peninsula as constant spring rainfall and winter melt left many homes flooded and threatened to overflow stressed dam systems. Photos and video posted to social …
POSTED APRIL 24, 2026 4:52 PM |
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