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A-Cap Insurers Agree to Mediation in Rehab Dispute with SCDOI Director
Advantage Capital Holdings, parent of Atlantic Coast Life Insurance and Southern Atlantic Re, has dropped its lawsuit against the South Carolina insurance department director and has agreed to mediation instead. “The department welcomes the insurers’ decision to put this distraction …
POSTED SEPTEMBER 29, 2026 2:57 PM |
ANV Completes Acquisition of UK Motor Warranty MGA, Car Care Plan
ANV Group Holdings Ltd., the insurance intermediary platform, announced it has completed the acquisition of Car Care Plan (CCP) from AmTrust Financial Services Inc. CCP is the number one provider of motor warranty in the United Kingdom and a market-leading …
POSTED SEPTEMBER 29, 2026 2:44 PM |
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years
U.S. homeowners multiperil insurers reversed a $1.3 billion underwriting loss in 2024 to post an underwriting profit of $16.5 billion in 2025 – the line’s first underwriting gain since 2019, said AM Best. In fact, seven of eight years from …
POSTED SEPTEMBER 29, 2026 2:41 PM |
Florida Asks Court to Bar OpenAI From Developing New Models Without Oversight
Florida’s attorney general asked a judge on Monday to bar OpenAI from developing new artificial intelligence models without outside oversight as part of its lawsuit accusing the company of harming children. Florida sued OpenAI in June accusing the company of …
POSTED SEPTEMBER 29, 2026 2:10 PM |
States Challenge FAA Environmental Review of Commercial Drone Package Rules
A group of 15 states and a Texas county on Sept. 28 sued the US Federal Aviation Administration over an environmental review of planned commercial drone package delivery rules. The states — including New York, California, Massachusetts, Wisconsin and Michigan …
POSTED SEPTEMBER 29, 2026 1:11 PM |
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