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Fire and Explosion at North Carolina Manufacturing Site Under Investigation

by lpiccitto | Sep 16, 2025 | Uncategorized

Authorities were investigating a fire and explosion at a Fiberon plant in North Carolina that injured four workers late last week. The Queen City News and other sites reported that the facility in New London, which makes composite material for …

Maryland Insurers Must Disclose Use of Claims History for All P/C Lines

by lpiccitto | Sep 16, 2025 | Uncategorized

Maryland’s insurance commissioner is advising insurers that if they consider claims history in deciding whether to cancel or non-renew coverage, they must disclose this practice at the inception of a policy and at each renewal for all lines of property/casualty...

Viewpoint: Can Global Reinsurers Stay on Track Through 2026?

by lpiccitto | Sep 16, 2025 | Uncategorized

During the upcoming renewals, S&P Global Ratings expects a moderate decline in pricing for short-tail lines but that global reinsurers will hold firm on terms and conditions. Risks arising from geopolitical tensions could affect both sides of global reinsurers’...

Fidelis Partnership Launches MGA Arenite Specialty for Surety, Credit Risk Insurance

by lpiccitto | Sep 16, 2025 | Uncategorized

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Arenite Specialty to write surety and credit risk insurance. Initially focused on Australia, Asia Pacific and Latin America, the...

Trump Sues The New York Times for Defamation and Libel, Seeks $15 Billion

by lpiccitto | Sep 16, 2025 | Uncategorized

U.S. President Donald Trump sued the New York Times, four of its reporters, and publisher Penguin Random House for at least $15 billion on Monday, claiming defamation and libel, and citing reputational damage, a Florida court filing showed. Trump’s suit …
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