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Archive: September 2026

Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
Insurance Journal | September 30, 2026
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
In another indicator of Florida moving back to a mostly market-based property insurance system, the number of insurance agents and agencies appointed with Citizens Property Insurance has dropped in the last year. “It’s a sign of the healthy marketplace: The …
People Moves: Ascot Makes Executive Leader Moves, Organizational Updates
Insurance Journal | September 30, 2026
People Moves: Ascot Makes Executive Leader Moves, Organizational Updates
Ascot Group Limited, a global specialty (re)insurance company, made several executive leadership appointments and organizational updates. Mark “Sarge” Pepper has been appointed president, global underwriting, effective October 1. In this expanded executive role, Pepper will lead Ascot’s efforts to elevate …
Fed’s Bowman Touts AI Benefits, Risks for Bank Cybersecurity
Insurance Journal | September 30, 2026
Fed’s Bowman Touts AI Benefits, Risks for Bank Cybersecurity
Federal Reserve Vice Chair for Supervision Michelle Bowman warned banks on Sept. 29 to buffer their systems against artificial intelligence threats while emphasizing the technology can benefit lenders. “AI offers great potential — both to threat actors and those buttressing …
Appeals Court Upholds Thomson Reuters’ Landmark Win in AI Training Lawsuit
Insurance Journal | September 30, 2026
Appeals Court Upholds Thomson Reuters’ Landmark Win in AI Training Lawsuit
A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misuse of copyrighted material to train an AI-powered legal search engine. The …
Missouri Man Pleads Guilty to Destroying Property at Tesla Dealership
Insurance Journal | September 29, 2026
Missouri Man Pleads Guilty to Destroying Property at Tesla Dealership
A Barnhart, Missouri man pleaded guilty to destroying property at a Telsa dealership in Kansas City, Missouri and to unlawfully possessing an unregistered destructive device. Kevin Harkins, 28, entered a guilty plea today in federal court to one count of …
Oklahoma Court Finds Energy Company Liable for Excessing Prices During Winter Storm
Insurance Journal | September 29, 2026
Oklahoma Court Finds Energy Company Liable for Excessing Prices During Winter Storm
Oklahoma Attorney General Gentner Drummon announced that the state’s lawsuit against NextEra Energy Marketing for allegedly violating Oklahoma law by charging excessive prices for natural gas during Winter Storm Uri will proceed to trial. An Osage County court granted Drummond’s …
A-Cap Insurers Agree to Mediation in Rehab Dispute with SCDOI Director
Insurance Journal | September 29, 2026
A-Cap Insurers Agree to Mediation in Rehab Dispute with SCDOI Director
Advantage Capital Holdings, parent of Atlantic Coast Life Insurance and Southern Atlantic Re, has dropped its lawsuit against the South Carolina insurance department director and has agreed to mediation instead. “The department welcomes the insurers’ decision to put this distraction …
ANV Completes Acquisition of UK Motor Warranty MGA, Car Care Plan
Insurance Journal | September 29, 2026
ANV Completes Acquisition of UK Motor Warranty MGA, Car Care Plan
ANV Group Holdings Ltd., the insurance intermediary platform, announced it has completed the acquisition of Car Care Plan (CCP) from AmTrust Financial Services Inc. CCP is the number one provider of motor warranty in the United Kingdom and a market-leading …
AM Best Revises Outlook to Positive for Oklahoma’s Triangle Insurance Company
Insurance Journal | September 18, 2026
AM Best Revises Outlook to Positive for Oklahoma’s Triangle Insurance Company
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Triangle Insurance Company based in Enid, Oklahoma. The Credit Ratings (ratings) …
Equal Parts Acquires Texas’ ProSource
Insurance Journal | September 18, 2026
Equal Parts Acquires Texas’ ProSource
Equal Parts has acquired ProSource Insurance Agency, a Plano, Texas-based brokerage specializing in transportation insurance. Completed during the first quarter of 2026, the acquisition strengthens Equal Parts’ transportation insurance capabilities and expands its presence in one of the nation’s largest …