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Tag: insurance-journal

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 …
Another Tanker Suffers Failure as Crew Suspect Cyber Attack
Insurance Journal | September 18, 2026
Another Tanker Suffers Failure as Crew Suspect Cyber Attack
A liquefied natural gas tanker bringing fuel from the US to Europe suffered a systems failure that the crew reported as a suspected cyber attack, according to people familiar with the matter. In the latest of a number of potential …
Illinois Construction Company Cited for Failing to Protect Workers
Insurance Journal | September 18, 2026
Illinois Construction Company Cited for Failing to Protect Workers
The U.S. Department of Labor has cited a Chicago area residential construction and carpentry employer after two separate investigations into its continued failure to provide fall protection for workers. The department’s Occupational Safety and Health Administration investigated two worksites operated …
Louisiana Man Pleads Guilty to Burning Church
Insurance Journal | September 10, 2026
Louisiana Man Pleads Guilty to Burning Church
A Louisiana man has pled guilty in federal court to committing arson in connection with the malicious burning of St. John Chapel in Caldwell Parish in the early morning of March 27, 2026. Anthony Dillon Jr., 19, of Columbia, faces …
KingsCover Rebrands as Dominion First
Insurance Journal | September 10, 2026
KingsCover Rebrands as Dominion First
KingsCover Insurance Services, a specialty agency serving churches and ministries, has rebranded as Dominion First Insurance Services. The name change does not affect ownership, leadership, staffing, or client policies — the agency continues under the same team that built its …
Iowa-Based Technology Company to Settle Discrimination Lawsuit
Insurance Journal | September 10, 2026
Iowa-Based Technology Company to Settle Discrimination Lawsuit
Lely North America, Inc., an international agricultural technology company headquartered in Pella, Iowa, agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC’s charge investigation found that Lely violated …
Jencap Acquires North Dakota’s Concorde
Insurance Journal | September 10, 2026
Jencap Acquires North Dakota’s Concorde
Jencap Group announced that it has acquired Concorde General Agency (Concorde), a regional wholesaler specializing in personal lines, commercial lines, and farm and ranch insurance. Fargo, North Dakota-based Concorde will continue operating under its well-established brand as part of the …
Oregon Proposes 2.1% Increase in Pure Premium Workers’ Comp Rates for 2027
Insurance Journal | September 10, 2026
Oregon Proposes 2.1% Increase in Pure Premium Workers’ Comp Rates for 2027
Oregon employers will pay 92 cents per $100 of payroll for workers’ compensation coverage on average in 2027, a rate that would be the second lowest on record. A proposal from the Oregon Department of Consumer and Business Services calls …
New York Proposes Rule to Require Prior Approval of Auto Insurance Rate Hikes
Insurance Journal | September 10, 2026
New York Proposes Rule to Require Prior Approval of Auto Insurance Rate Hikes
New York officials are moving to require auto insurers to receive prior approval before implementing any increases in private passenger insurance rates. The New York State Department of Financial Services (DFS) has proposed a regulation amending the process for insurers …