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Illinois Passes Legislation to Give Insurance Department Oversight of Rate Changes
Illinois lawmakers this week passed a pair of bills that gives the insurance department the authority to review homeowners and auto rate filings to determine whether they are excessive. The insurance industry has heavily opposed the legislative measures, warning that …
POSTED MAY 29, 2026 4:45 PM |
Kentucky Food-Color Plant Was ‘Catastrophe Waiting to Happen,’ CSB Says
A Kentucky food-coloring manufacturer made a number of missteps and was not equipped to prevent the 2024 runaway chemical reaction that killed two workers and caused millions of dollars in damage to the plant and surrounding neighborhoods. That was the …
POSTED MAY 29, 2026 3:39 PM |
Corpus Christi Focuses on Delaying Looming Water Crisis
Five straight years of record heat, sporadic rainfall and divided leadership has Corpus Christi in danger of becoming the first U.S. city to run short of water. Only rain — lots of it — can keep the coastal city from …
POSTED MAY 29, 2026 3:30 PM |
Reinsurers Bring Strong Risk Appetite to Florida’s June Renewals: Guy Carpenter
Legal reforms, improved building resilience, and disciplined underwriting have combined to restore confidence in the Florida re/insurance market – leading to increased capacity as well as improved terms and pricing during the June reinsurance renewals, according to Guy Carpenter. Since …
POSTED MAY 29, 2026 3:17 PM |
Americans Doubt Countries Will Do Enough to Tame Climate Change
Climate change is in the background this US election year as high prices, conflict in the Middle East, AI and other issues take center stage. But that doesn’t mean the public has forgotten about it. More than half of Americans …
POSTED MAY 29, 2026 3:15 PM |
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