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AM Best Revises Outlook to Negative for Wisconsin’s Society

by lpiccitto | Jul 21, 2025 | Uncategorized

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Society Insurance, a mutual company based in Fond du Lac, Wisconsin. …

Iowa Public Adjuster Charged With Forgery and Identity Theft

by lpiccitto | Jul 21, 2025 | Uncategorized

A Bettendorf, Iowa insurance public adjuster has been charged with forgery and identity theft, the Iowa Insurance Division (IID) announced. Dennis Flaherty, age 74, of Moline, Illinois, was charged with one count of Forgery (Class D felony) and three counts …

What’s in the EU’s 18th Sanctions Package Against Russia?

by lpiccitto | Jul 21, 2025 | Uncategorized

Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia’s oil and energy industry. OIL PRICE CAP Central to the …

People Moves: HDI Global Canada Appoints Reedie as Head of Engineering and Construction; QBE Promotes Connolly as European Property Product Manager

by lpiccitto | Jul 21, 2025 | Uncategorized

This edition of International People Moves details appointments at HDI Global Canada and QBE Europe. A summary of these new hires follows here. HDI Global Canada Appoints Reedie as Head of Engineering and Construction Derek Reedie has been appointed head …

Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans

by lpiccitto | Jul 21, 2025 | Uncategorized

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and managing general agents...

Hackers Exploit Microsoft SharePoint as Firm Works to Patch

by lpiccitto | Jul 21, 2025 | Uncategorized

Microsoft Corp. warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. Vulnerabilities in the software have allowed hackers...
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