Monthly Archives: March, 2026

Business Moves

National Sompo Holdings Inc., Aspen Insurance Holdings Ltd. Sompo Holdings Inc. received the necessary antitrust and insurance regulatory approvals required to complete its previously announced acquisition of Aspen Insurance Holdings Ltd., via...

U.S. DFC to reinsure maritime losses in the Gulf of up to $20bn on a rolling basis

The United States (U.S.) International Development Finance Corporation (DFC) and the U.S. Treasury have unveiled a plan to deploy Maritime reinsurance, including war risk, in the Gulf region, which has been approved by President Trump. This new agreement was...

Facility Association insurance rates jump 28% in Alberta, the ‘epicenter’ of FA commercial vehicle growth

Alberta trucking fleets insured through the industry’s insurer of last resort are facing a steep rate increase that reflects deeper challenges in...

State Farm’s Rate Hike Deal Signals a New Property Insurance Reality in California

A few seconds agoMar. 8, 2026 3:08 pmState Farm has reached a deal with California regulators allowing it to move forward with a roughly 17 percent increase in homeowners insurance rates after the costly Los Angeles wildfires. The...

State Farm Agrees to Landmark Rate Settlement in California » Live Insurance News

State Farm Settlement Saves California Homeowners $530 MillionAfter nearly two years of negotiations, public hearings, and legal review, a settlement has been reached between the California Department of Insurance, Consumer Watchdog, and State Farm General Insurance. Announced a...

How to Protect Small Businesses From the Weather

By Andrea Wells Small businesses are not immune to the increasing frequency and intensity of severe weather-related events. Even a lengthy power outage from a winter storm can be a threat...
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