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Federal Judge Puts Brakes on New Hampshire Plan to Abolish Car Inspections A federal court judge has halted New Hampshire’s plan to end motor vehicle inspections. U.S. District Court Judge Landya McCafferty granted a preliminary injunction on January 27 to prevent the state from implementing a new law abolishing the annual inspection …
POSTED JANUARY 30, 2026 3:53 PM |
Florida Committees Approve MGA, Litigation Funding Restriction Bills Florida legislative committees approved two bills this week that could impact property-casualty insurance in the state. One would put some restrictions on litigation financing and the other would force more transparency on insurers’ payments to managing general agencies. The bills’ …
POSTED JANUARY 30, 2026 3:23 PM |
E&S Premium Growth Moderates Through Nine Months of 2025 The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years …
POSTED JANUARY 30, 2026 3:13 PM |
Worries Deepened in South After Days of Snow, Ice and Power Outages Conditions were dire earlier this week in parts of the South still reeling from subfreezing temperatures and widespread power outages as vehicles got stranded for hours on major highways and officials warned that people stuck at home were running out …
POSTED JANUARY 30, 2026 2:13 PM |
Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber product designed to protect clients from a broad range of cyber-related perils, including physical damage. BCAP, led by Brit Syndicate …
POSTED JANUARY 30, 2026 1:16 PM |
North American Risk Professionals See Average 11% Salary Increase Risk professionals’ salaries have increased an average of 11% since 2023, with chief risk officers/vice presidents of risk management seeing increases of 16%. The increases and other trends in risk management compensation are detailed in the RIMS 2025 Compensation Survey, …
POSTED JANUARY 30, 2026 12:31 PM |
UK Warns of Pancreatitis, Deaths Tied to Obesity Drugs Wegovy, Mounjaro The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases of pancreatitis were rare, the …
POSTED JANUARY 30, 2026 8:59 AM |
Crypto Money-Laundering Hit $82 Billion in 2025, Researchers Say Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category has been Chinese-language money-laundering networks, …
POSTED JANUARY 30, 2026 8:15 AM |
Southern Africa Floods That Killed 300 Fueled by Global Warming An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe rains that started in December, …
POSTED JANUARY 30, 2026 8:00 AM |
China Plans $29 Billion Capital Injection Into Biggest Insurers China is mulling the sale of hundreds of billions of yuan in special government bonds to recapitalize some of its largest insurers, according to people familiar with the matter, strengthening the biggest players in a sector that is under pressure …
POSTED JANUARY 30, 2026 7:25 AM |
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