Bishop Street Underwriters Acquires Ohio’s Aerospace Insurance Managers

Bishop Street Underwriters announced that it has acquires Ohio-based Aerospace Insurance Managers, a general aviation insurance services provider, from Hallmark Financial. This acquisition marks Bishop Street’s entry into the aviation insurance market, strengthening its differentiated MGA platform with an expanded Read more…


Texas Medical Marijuana Industry to Push for Hemp Age Restrictions

Texas’ medical marijuana dispensaries entered into this year’s legislative session with a two-prong strategy to expand: to loosen the state’s rules on their industry that has made the program largely inaccessible to those who need it and to eliminate the Read more…


Senate Strikes AI Regulation Ban From Trump Megabill

The Republican-led U.S. Senate voted overwhelmingly on Tuesday to remove a 10-year federal moratorium on state regulation of artificial intelligence from President Trump’s sweeping tax-cut and spending bill. Lawmakers voted 99-1 to strike the ban from the bill by adopting Read more…


WCIRB: 2024 Losses, Expenses in California Workers’ Comp 108% of Earned Premium

Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned premium, a report out today shows. The Workers’ Compensation Insurance Rating Bureau of California released the 2024 California Workers’ Compensation Read more…


New Carrier Reporting Requirements on Investments, Liquidity, SC DOI Says

South Carolina’s Department of Insurance is reminding carriers that it may soon give extra scrutiny to liquidity and capital as well as investments in subsidiaries’ securities, thanks to a law approved by state legislators this year. “If the Director determines Read more…


Truckers Fear Job Loss as New English Language Rules Take Effect

At a trucking school in New Jersey, students are maneuvering 18-wheelers around traffic cones. Other future drivers look under hoods to perform safety checks, narrating as they examine steering hoses for cracks and leaks. An instructor glides between speaking Spanish Read more…


Supreme Court Dealt Blows to EPA and Environmental Protections

The U.S. Supreme Court delivered setbacks to environmental interests in a series of recent rulings including by further restricting the Environmental Protection Agency’s authority and relaxing requirements for environmental impact studies for proposed projects. While cases involving President Donald Trump‘s Read more…


New Hampshire to Offer Mobile Driver’s Licenses

New Hampshire residents will soon be able to carry an electronic version of their driver’s license in their cell phones or other devices, although they will still have to also keep a physical license on their person while driving. Legislation Read more…


Homes Are Taking Longer to Sell in US Markets That Once Flourished

A buildup of unsold houses sitting on the market for weeks is becoming a new reality in once-booming housing areas across the Sun Belt. Real estate agents in the South and Southwest say they’re seeing more people list homes, giving Read more…


Howden Re Names Elliot Richardson Executive Chair as Rod Fox Steps Down

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, announced that Rod Fox is stepping down as executive chairman and is leaving the business. He is succeeded by Elliot Richardson, who steps into the role with Read more…