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Kim Declares Victory in California Insurance Commissioner Race
Jane Kim claimed victory over fellow Democrat Ben Allen in the race for California insurance commissioner on Friday. Kim was up by more than 400,000 votes as of Friday afternoon. As of Wednesday morning, 99.8% of precincts had reported in, …
POSTED NOVEMBER 06, 2026 9:50 PM |
Some 40% of US Planned Data Center Capacity Is in States Wanting to Hit Pause
Data center opposition had been building across the country, one moratorium or blocked project at a time. Then, virtually overnight, the midterm election tilted a broad swath of the regulatory map against the AI buildout. Newly elected governors in Ohio, …
POSTED NOVEMBER 06, 2026 5:45 PM |
AM Best Upgrades Credit Ratings of Illinois Casualty and Lebanon Valley
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a” (Excellent) from “a-” (Excellent) of Illinois Casualty Company (ICC) and Lebanon Valley Insurance Company (LV). …
POSTED NOVEMBER 06, 2026 5:22 PM |
Flooding Inundates North Georgia but Few Had Flood Coverage, Agents Say
Insurance agents in north Georgia are reporting widespread damage after record flooding hit the area Thursday, Nov. 5. “It’s devastating. I have cried and prayed and cried and prayed,” said an agent who answered the phone at Appalachian Insurance Services …
POSTED NOVEMBER 06, 2026 4:18 PM |
Blackstone, Aon Set Up Lloyd’s Vehicle in Latest Insurance Push
Blackstone Inc. has set up a Lloyd’s of London syndicate with broker Aon Plc, as the world’s largest alternative asset manager muscles further into the insurance sector. Called Cortina, the syndicate will provide capital to back reinsurance contracts, according to …
POSTED NOVEMBER 06, 2026 3:40 PM |
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