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Global reinsurance capital has climbed back above $700 billion after years of tough market conditions. This growth is driven by strong investor returns and steady inflows from insurance-linked securities. Alongside this, property catastrophe reinsurance rates have settled following sharp increases in the early 2020s, leading to more capacity and competition than risk managers have seen … Read more

Minnesota’s cannabis laws are facing growing confusion as cities take different approaches in applying the rules, leading to disputes that may need court or legislative intervention to settle. Local governments in Minnesota have the right to limit the number of cannabis retailers, decide where they can operate, and set business hours. However, some cities are … Read more

The European Commission is preparing to fine Google for the first time under the EU’s new Digital Markets Act (DMA), according to people familiar with the matter. The decision is expected in the coming months and follows complaints that Google has given unfair preference to its own vertical search services like Google Shopping, Google Flights, … Read more

ZestyAI’s water risk model, Z-WATER, has just been approved for use in Wisconsin, marking a big step forward for insurers in the state. This new tool helps insurance companies better understand and price the specific water-related risks for individual properties, without relying on weather data. Insurance providers in Wisconsin can now use Z-WATER to set … Read more

A Michigan insurance company is pursuing nearly $940,000 from Samsung and Best Buy after a recalled electric stove allegedly caused a house fire in Ohio. Auto-Owners Mutual Insurance Company filed a lawsuit on January 28, 2026, in a federal court in Cleveland. The claim concerns a Samsung Electric Slide-In Range that reportedly turned on by … Read more

Two well-known insurance companies are facing off in a federal court over a dispute about who should pay first in a construction injury case. Travelers Indemnity Company filed a lawsuit against Erie Insurance Company on January 29, 2026, in the U.S. District Court for the Western District of New York. The case centers on an … Read more

Philip Mortimer, the chief financial officer of Heffernan Insurance Brokers, recently shared his journey to the top of the business in an interview. Recognized as part of the 2026 IBA Hot 100, Mortimer opened up about how he rose from humble beginnings to reach the executive level. He also discussed the steps he took to … Read more

The property and casualty insurance industry is facing a big moment of change. Customers now expect the same smooth and easy digital experiences they get from companies like Amazon and Apple. This has insurance companies rushing to make claims simpler and more digital. While most focus on adding new tech like cloud services and AI, … Read more

Ryan Specialty has launched a new managing general underwriter called Clach Casualty Underwriting Managers. This new team focuses on casualty insurance for tricky construction and habitational real estate risks. Clach Casualty began its operations in September 2025 and works exclusively through U.S. wholesale brokers. Clach Casualty is part of Ryan Specialty Underwriting Managers, the specialty … Read more

The Justice Department has reached an agreement with Kansas City Kansas Community College (KCKCC) to protect the rights of Major Stephen W. Terry of the Kansas Army National Guard under the Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA). This settlement comes after Major Terry claimed that KCKCC broke the law by firing … Read more