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- Industry Vets Bonneau and Bredahl Form Novel Financial, Acquire Forza Insurance
The former chief executives of Partner Re and Howden Tiger are joining two other industry veterans to form a company, which they describe as “an independent holding company that oversees carriers supporting managing general underwriters. Novel Financial Holdings LLC (“Novel”) … ...[TheTopNews] Read More.4 hours ago - DeSantis Vetoes Repeal of ‘Free Kill’ Medical Malpractice BillFlorida Gov. Ron DeSantis has vetoed a bill that would have restored some family members’ right to file suit after a loved one dies from medical negligence. The Florida Legislature this year approved House Bill 6017 by wide margins. The … ...[TheTopNews] Read More.4 hours ago
- Trump Administration Is Rolling Out a New Way to Shrink FEMA’s RoleWhen a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor Sarah Huckabee Sanders asked the federal government for money to not only help repair the damage, but also boost the … ...[TheTopNews] Read More.4 hours ago
- Georgia Insurance Office Uses Appointment Fees to Help Fund New Elevator InspectorsElevator inspections in Georgia have been an issue for years, exacerbated by the death of an 18-year-old athlete who was trapped and crushed between floors in a faulty elevator in 2021. Now, the Georgia insurance commissioner says his office has … ...[TheTopNews] Read More.4 hours ago
- After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best SaysAfter eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 45 … ...[TheTopNews] Read More.4 hours ago
- Liberty Mutual Settles With Travelers Over New York Subcontractor Liability CoverageLiberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction site. Liberty Mutual … ...[TheTopNews] Read More.4 hours ago
- Viewpoint: California’s Property Insurance Crisis And The Path to ReformCalifornia’s property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety net—the California FAIR Plan. As homeowners confront rising premiums and limited coverage options, comprehensive reform is imperative to stabilize … ...[TheTopNews] Read More.4 hours ago
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