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ALPS to Acquire Ohio Bar Liability Insurance Company
The Ohio State Bar Association (Ohio Bar) and ALPS Insurance (ALPS) today announced that they have entered into a definitive agreement under which ALPS will acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance …
POSTED MAY 07, 2026 3:44 PM |
Markets/Coverages: MS Amlin Launches Consortium to Boost Property Treaty Capacity
MS Amlin, the Lloyd’s re/insurer, has launched a consortium to boost property treaty capacity for all property per-risk lines. This additional capacity is expected to be particularly relevant for global data centers, where demand for higher limits continues to grow, …
POSTED MAY 07, 2026 3:43 PM |
Illinois Manufacturing Company to Pay $625K Settlement Over No-Poach Agreements
Illinois Attorney General Kwame Raoul announced a settlement with Vee Pak LLC, doing business as Voyant Beauty (Vee Pak) that resolves allegations the manufacturing company entered into no-poach agreements with several temporary staffing agencies. The settlement requires Vee Pak to …
POSTED MAY 07, 2026 3:41 PM |
Texas Sees Surge in Gas Projects as Data Centers Drive Shift in Power Generation
A decade ago, wind power was surging in popularity and attracting huge investments that made Texas a national leader in renewable energy. But today, gas generation is making a big comeback, driven by a wave of data centers flooding into …
POSTED MAY 07, 2026 3:34 PM |
HCI Group Reports $85M in Profit for Q1, with Premium Growth for Most Subsidiaries
Tampa-based HCI Group, now in its 20th year and its 18th year as a publicly traded company, reported a healthy profit for the first quarter of 2026 and significant growth in premium across most of its property-casualty insurance firms. “HCI …
POSTED MAY 07, 2026 3:22 PM |
People Moves: Alliant Names Lefebvre as VP Within Employee Benefits Group
Ashley Lefebvre has joined Alliant Insurance Services as vice president within its employee benefits group in Houston, Texas. She will serve a national client base, partnering with clients to deliver strategic employee benefits and HR solutions that boost ROI and …
POSTED MAY 07, 2026 3:22 PM |
A Quieter Hurricane Season This Year Could Still Pummel the US Power Grid
Meteorologists are forecasting about 13 named Atlantic storms this season, or a little less activity than average. That sounds like good news for the US power grid and everyone who relies on it. But a look back at recent years …
POSTED MAY 07, 2026 1:53 PM |
Reporting Shows Georgia Officials Knew Carpet Mills Polluted Local Water
Starting in the 1970s, the textile mills of northwest Georgia relied on chemicals known as PFAS to add stain resistance to the carpets they manufactured. Some of the chemicals that didn’t stick were flushed with the multibillion-dollar industry’s wastewater into …
POSTED MAY 07, 2026 1:28 PM |
Eric Cioppa, Long-Time Insurance Regulator and Leader, Passes Away in Maine
Eric Cioppa, a respected former national and Maine insurance regulatory leader, passed away from Multiple System Atrophy on May 1 at his home in China, Maine. Cioppa’s career included 33 years at the Maine Bureau of Insurance. He began in …
POSTED MAY 07, 2026 12:44 PM |
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M
Root Inc. reported a first quarter 2026 net income of $35.9 million—the best quarterly result in the company’s history—compared with net income of $18.4 million for the same period in 2025. In a letter to shareholders, Root Inc, the parent …
POSTED MAY 07, 2026 12:03 PM |
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