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The Andover Companies have completed a major restructuring, officially changing to a mutual holding company (MHC) setup as of January 1, 2026. This move was approved by the Massachusetts Division of Insurance and supported by policyholders of both Merrimack Mutual Fire Insurance Company and Cambridge Mutual Fire Insurance Company. Under the new structure, Merrimack Mutual … Read more

Jewelers Mutual Group has taken a new step by acquiring EventGuard, a part of the insurance agency Indemn that offers event and wedding insurance. This move broadens Jewelers Mutual’s reach beyond jewelry insurance into event coverage. The new program will be managed by JM Insurance Agency Partners in collaboration with Markel Group Inc., a carrier … Read more

Brotherhood Mutual Insurance Company, known for providing property and casualty insurance to Christian ministries, has introduced a new brand called Brotherhood Works. This new brand brings together and expands a variety of services aimed at helping ministry staff and volunteers with their day-to-day needs. Brotherhood Works offers a wide range of tools, including payroll and … Read more

The U.S. Environmental Protection Agency (EPA) and the Department of Justice have reached a $10,000 settlement with Homeworks Construction Inc. over alleged lead paint violations in South Bend, Indiana. The company was accused of carrying out renovations on 17 homes built before 1978 without following federal rules aimed at preventing lead exposure. Since 2018, Homeworks … Read more

The Oklahoma Insurance Department is set to bring together insurance professionals and leaders for its third annual Oklahoma Insurance Day on November 19, 2025. The event will take place at the Sheraton Oklahoma City Downtown Hotel and aims to foster connections and conversations around key issues shaping the state’s insurance industry. Oklahoma Insurance Day offers … Read more

A new bill introduced in the Florida House of Representatives aims to put limits on how third-party litigation financing works and to bring more transparency to these deals. House Bill 1157, brought forward by Republican Representative Fabian Basabe from District 106, seeks to regulate agreements where outside investors fund lawsuits in exchange for a cut … Read more

Hospitality Insurance Group is starting the search for a new president and CEO as Richard Welch Jr. prepares to retire this year. Welch has been at the company’s helm since 2018 and is stepping down after leading the insurer through several important changes. With more than 40 years in the insurance world, Welch brought a … Read more

Two important federal actions are changing the way the U.S. cannabis industry is seen and managed. In late 2025, former President Donald Trump signed an executive order pushing to move cannabis from a Schedule I to a Schedule III substance. Around the same time, Congress tightened the rules for hemp, setting a lower limit on … Read more

Governor Greg Abbott has issued a new executive order that keeps THC products mostly legal in Texas but restricts their sale to minors. The order, announced Wednesday, directs the Texas Department of State Health Services and the Alcoholic Beverage Commission to ban sales of THC products to anyone under 18. These agencies must also review … Read more

SageSure, a managing general underwriter known for its focus on catastrophe coverage, is making a move into the Florida insurance market by acquiring Olympus Insurance’s managing general agent. This deal involves several players, including carrier partners and holding companies, and was announced earlier this week. At the same time, Valence Insurance Holdings—the parent company of … Read more