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People Moves: ATRI Hires Bellistri From Chubb for Financial Institutions ATRI Insurance Services LLC hired Kylor Bellistri as assistant vice president, financial institutions. Bellistri brings nearly a decade of insurance industry experience to ATRI. Prior to joining the company, he spent nearly 10 years with Chubb, most recently serving as …
POSTED OCTOBER 22, 2026 12:03 PM |
Delaware Workers’ Compensation Rates to Drop for 10th Year, This Time by 3.9% Delaware workers’ compensation insurance rates will decrease for the tenth year in a row, effective December 1, 2026. The voluntary market average loss costs will decrease by 3.99%, while the residual market will see an average rate reduction of 4.11%. …
POSTED OCTOBER 22, 2026 11:55 AM |
Money Managers Say There’s Nowhere to Hide as Super El Niño Forms The prospect of the world’s strongest ever El Niño cycle has a growing number of money managers racing to prepare their portfolios for the disruption they say is coming. The climate phenomenon associated with warming across the equatorial Pacific Ocean …
POSTED OCTOBER 22, 2026 11:54 AM |
Russia Drones Are Already Killing People Within EU Territory Bulgarian shipbroker Yordan Petrov no longer sends his vessels into the Black Sea, calling the brave few who still do “kamikazes.” Seven commercial ships have been attacked by drones off the coast of Bulgaria and Romania since the start of …
POSTED OCTOBER 22, 2026 11:17 AM |
The Cost of Losing Your Cool: Tallying the Losses of a Supermarket Cyberattack Insurance and Financial Implications of France‘s Supermarket Refrigeration Cyberattack Keeping things cool is generally a good idea in the supermarket business. When a cyberattack reportedly interferes with refrigeration systems, the consequences can extend well beyond a few melted ice creams. …
POSTED OCTOBER 22, 2026 5:03 AM |
Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees Trident Reciprocal Exchange is one of the new kids on the Florida block. It was launched in 2024 as the long-distressed Florida property insurance market began to thaw following statutory changes that clamped down on spiraling claims lawsuits in the …
POSTED OCTOBER 22, 2026 5:02 AM |
US Urges Fix for Widely Used Software After Critical Alerts The US government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming …
POSTED OCTOBER 22, 2026 5:02 AM |
TN High Court Says ‘No’ to PE Ownership of Law Firms but Other Options Open The Tennessee Supreme Court has rejected a rule change that would have allowed private equity companies to own law firms, blocking one avenue that insurance groups have warned could lead to more litigation, more high-dollar jury awards and higher defense …
POSTED OCTOBER 22, 2026 5:01 AM |
Plymouth Rock Sells Encharter Agency to MountainOne Plymouth Rock Assurance Co. has sold a western Massachusetts independent agency it bought more than 25 years ago. The buyer, MountainOne Insurance Agency, is owned by regional bank MountainOne Bank. The sale of Amherst-based Encharter Insurance Agency by Plymouth Rock …
POSTED OCTOBER 22, 2026 5:00 AM |
UN Warns Major Emissions Cuts Needed to Limit Warming Overshoot The world can no longer keep global warming below 1.5C and must now focus on minimizing its overshoot, the United Nations said ahead of next month’s COP31 climate talks in Turkey. The US retreat from the fight is making it …
POSTED OCTOBER 22, 2026 5:00 AM |
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