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Australia Sets ‘World-Leading’ Minimum Pay, Insurance Rules for Gig Delivery Workers Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the job. Gig workers will be paid at least …
POSTED AUGUST 13, 2026 8:37 AM |
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a “fragmented phase.” Nationally, the US effective approved homeowners rate change declined from about …
POSTED AUGUST 13, 2026 5:13 AM |
Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale The world’s busiest airport is coming to market with a more than $1 billion municipal bond sale, boosting issuance in the lagging airport sector. Atlanta’s borrowing will help finance infrastructure improvements at the Hartsfield-Jackson Atlanta International Airport, a cornerstone hub …
POSTED AUGUST 13, 2026 5:02 AM |
WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate West Virginia is one of the deadliest states for house fires, killing an average of 32 people per year between 2009 and 2023. An audit of the State Fire Commission in December of 2025 noted that the commission hadn’t compiled …
POSTED AUGUST 13, 2026 5:02 AM |
Amynta Group Buys Virginia-Based Southern States Underwriters MGU Amynta Group, an insurance services firm and managing general agent based in New York, said it has acquired Southern States Underwriters and SSC Insurance Agency, based in Richmond, Virginia. The underwriter and agency are the insurance operations of Southern States …
POSTED AUGUST 13, 2026 5:01 AM |
People: Rivera Named President of FSLA at Convention The Florida Surplus Lines Association installed its new officers and directors this week at what the association said was a record-breaking annual convention in St. Petersburg. “Our industry plays a vital role in helping Florida businesses and consumers find coverage …
POSTED AUGUST 13, 2026 5:01 AM |
Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children Lindsay Clancy messaged one of her caregivers less than two months before she killed her three young children in 2023 to say she was having “intrusive thoughts I never had before,” “feeling completely hopeless” and worried about becoming addicted to …
POSTED AUGUST 13, 2026 5:00 AM |
Report Says Firefighting Tactics at Maine Lumber Mill Inadvertently Aided Deadly Blast Firefighters who responded to a fire at a Maine lumber mill used tactics that inadvertently contributed to a massive explosion that killed three people, according to a report from federal investigators. The fire companies tried to extinguish the May 15 …
POSTED AUGUST 13, 2026 5:00 AM |
Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado A specialty homeowners program serving high-value homeowners is coming to California and Colorado. Green Shield Risk Solutions is expanding its Guardian Elite Home, a non-admitted homeowners program for affluent primary and secondary residences, in California and Colorado. The rollout is …
POSTED AUGUST 13, 2026 5:00 AM |
AI Data Center Boom Is ‘Maxing Out’ P&C Insurers, AIG CEO Says American International Group Inc. Chief Executive Officer Eric Andersen said that while the artificial intelligence buildout presents a “great opportunity” for the insurance industry, it’s also pushing property and casualty providers to their limits. AI data centers “need everything from …
POSTED AUGUST 13, 2026 4:08 AM |
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