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Florida’s Mangrove Insurance Launches Sidecar Reinsurance Vehicle
St. Petersburg-based Mangrove Property Insurance, launched two years ago, has created its own reinsurance sidecar, the company announced. Grove Re Ltd., domiciled in Bermuda, will be a Class 3A insurer, designed to support Mangrove’s risk management and underwriting. Mangrove CEO …
POSTED AUGUST 11, 2026 5:02 PM |
Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
Health officials in Louisiana are urging beachgoers to take precautions during a summertime surge in infections from a flesh-eating bacteria found in coastal waters. Louisiana has confirmed nine cases of Vibrio vulnificus infections this year, the state’s health department said …
POSTED AUGUST 11, 2026 4:40 PM |
Delta-8 Among Products Banned as Texas THC Suit Continues
A federal judge denied an emergency motion for a temporary restraining order sought by hemp businesses and consumers, allowing the Texas ban on THC products to continue until the case is resolved. U.S. District Judge Jeffrey Brown of Galveston declined …
POSTED AUGUST 11, 2026 4:24 PM |
Marsh McLennan Agency Acquires Iowa’s Accel Holdings
Marsh McLennan Agency announced that it has reached an agreement to acquire Accel Holdings, Inc., a leading diversified independent insurance and advisory firm headquartered in Waverly, Iowa. Terms of the acquisition, which is expected to close in the third quarter, …
POSTED AUGUST 11, 2026 4:16 PM |
Severe Thunderstorms Across US Midwest Trigger Flood Warnings
The US Midwest and Ohio Valley, including Chicago and Cincinnati, face an enhanced, or level 3, risk of severe thunderstorms. That’s triggered numerous flood warnings and watches from Indiana into western Pennsylvania and Virginia, the National Weather Service said. As …
POSTED AUGUST 11, 2026 4:07 PM |
Taylor Farms, Taco Bell Face Multiple Lawsuits Over Cyclospora Outbreak
Multiple proposed class-action lawsuits have been filed over the nationwide cyclospora outbreak, blaming Taco Bell and Taylor Farms for selling contaminated lettuce that has sickened thousands and led to two deaths. At least two of the lawsuits are in federal …
POSTED AUGUST 11, 2026 3:58 PM |
People Moves: Younts Named Chair of NC Industrial Commission
The North Carolina General Assembly last month confirmed workers’ compensation attorney and former Deputy Commissioner Tyler Younts to a six-year term on the state Industrial Commission. A few days later, the state’s commissioner of labor, Luke Farley, designated Younts to …
POSTED AUGUST 11, 2026 3:31 PM |
Renewal Changes for Most Commercial Lines Decrease in July and Q2, Says Ivans
Year over year, average U.S. commercial premium renewals for July increased in all lines except workers’ compensation, according to the Ivans Index. However, month over month, commercial auto, business owners policy, general liability, commercial property and umbrella saw a decrease, …
POSTED AUGUST 11, 2026 3:02 PM |
Kellington Returns to ACORD to Take CEO Role
John Kellington, most recently executive vice president and chief information officer at Cincinnati Insurance for more than 16 years, has been appointed chief executive officer of ACORD. Kellington is no stranger to the standards-setting body for the insurance industry. He …
POSTED AUGUST 11, 2026 1:48 PM |
People Moves: O’Connor Promoted to NA Head of Pro Liability, Cyber at AIG; Canopius Appoints Kuchinski US CUO
American International Group (AIG) said it has promoted Christopher O’Connor to the role of head of professional liability and cyber, North America. O’Connor has been with AIG for more than 15 years. He was most recently North America head of …
POSTED AUGUST 11, 2026 12:46 PM |
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