Health Insurance

Part That Broke on UPS Plane in Kentucky Failed 4 Times on Other Planes Years Ago

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Part That Broke on UPS Plane in Kentucky Failed 4 Times on Other Planes Years Ago

Boeing warned plane owners in 2011 about a broken part that contributed to a UPS plane crash that killed 15 last year but at that point the plane manufacturer didn’t believe it threatened safety, the National Transportation Safety Board said Wednesday. The UPS plane crashed in November 2025 shortly after taking off in Louisville, Kentucky, […]

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Allstate Can Proceed with Recovery in Texas RICO Case: Fifth Circuit

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Allstate Can Proceed with Recovery in Texas RICO Case: Fifth Circuit

Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the U.S. Court of Appeals for the Fifth Circuit has ruled. The federal appellate court reversed a lower court’s ruling that Allstate’s RICO claims failed because the insurer didn’t sufficiently allege that

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Trump Officials Vow to Keep All US Coal Plants Running

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Trump Officials Vow to Keep All US Coal Plants Running

Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s industrial base. “The goal is 100% open,” said Interior Secretary Doug Burgum. “That’s the standard we’re operating against.” Burgum’s comment came during the first meeting of Trump’s

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Lloyd’s Appoints Bichard From PwC as CFO, Succeeding Cliff

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Lloyd’s Appoints Bichard From PwC as CFO, Succeeding Cliff

Lloyd’s, the insurance and reinsurance marketplace, announced that Jim Bichard has been appointed as chief financial officer. He will start in April 2026 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Tiernan, chief executive, and will join the Council of Lloyd’s. He will replace Alexandra Cliff who is leaving Lloyd’s

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Fitch Warns of Eastern European Downgrades if Greenland Strife Cracks NATO

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Fitch Warns of Eastern European Downgrades if Greenland Strife Cracks NATO

A raft of European countries could face a one-notch credit rating downgrade if tensions with the U.S. over Greenland fracture NATO and raise the prospect of more trouble with Russia, Fitch’s top sovereign analyst said on Thursday. Fitch already applies a one-notch “adjustment” to ratings in geopolitical hot spots such as Israel, Taiwan and South

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Registration Open for Florida OIR Insurance Summit in April

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Registration is now open for the Florida Office of Insurance Regulation’s Insurance Summit, set for April 15-16 in Tallahassee. Insurance Commissioner Mike Yaworsky said the registration closes March 30 for the conference that will include a number of state regulators, industry executives, actuaries and attorneys examining the state of insurance regulation. The summit will be

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The Return Period for An LA Wildfire-Scale Event May Be Shorter Than You Think

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The Return Period for An LA Wildfire-Scale Event May Be Shorter Than You Think

There has been no shortage of analyses and reporting released for the one-year anniversary of the January 2025 Los Angeles wildfires, which destroyed more than 16,000 properties and have generated more than $22 billion in claims so far. A one-year report on the L.A. wildfires from Morningstar DBS Research called the fires “a significant stress

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Kansas Department of Insurance Recovers $56M in 2025

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Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Department of Insurance recovered $56.7 million for Kansans in 2025 Funds considered “recovered” are calculated when Department staff assists individuals in need of support during their insurance claims process. If a dispute arises between a policyholder and an insurance company, regardless of the type of insurance, the

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Financial Lines MGA Verde Risk Management Launched by Asta’s MGA Platform

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Six-Month US P/C Underwriting Income Jumps to $11.2B

Asta, the London-based provider of specialist underwriting platforms and services, announced the launch of MGA Verde Risk Management Ltd., which received regulatory approval from the UK regulator in December 2025. Specializing in the financial lines market, predominantly commercial crime, management liability and financial institutions, Verde will target clients domiciled in the UK, Europe and internationally.

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