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US Rice, Cotton Farmers Get Biggest Relief in Trump Bailout
The US Department of Agriculture unveiled long-awaited details of its $12 billion aid package for farmers, with American growers of rice and cotton standing to get the biggest payments. But while the payments were welcomed by farmers and industry groups …
POSTED JANUARY 02, 2026 4:38 PM |
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance
New laws in Southeastern states took effect this week, impacting several aspects of property and casualty insurance. In Georgia, Senate Bill 69 puts new restrictions on third-party litigation financing, a lawsuit funding practice that has raised growing concerns for insurers. …
POSTED JANUARY 02, 2026 4:04 PM |
Texas Business Owner Pleads Guilty to Home Building Fraud Scheme
A Fort Worth business owner who received nearly $5 million from local customers for unfinished custom home building and remodeling projects pled guilty to a wire fraud conspiracy charge on Dec. 30, 2025, announced United States Attorney for the Northern …
POSTED JANUARY 02, 2026 3:58 PM |
Cornerstone National Insurance Company Placed Into Receivership
Cornerstone National Insurance Company, a Missouri-domiciled property and casualty insurance company, was placed into receivership by the Circuit Court of Cole County. Missouri Department of Commerce and Insurance Director, Angela L. Nelson, has been named receiver of Cornerstone, which allows …
POSTED JANUARY 02, 2026 3:46 PM |
Berkshire Falls on Buffett’s Last Day as CEO, Gained 6,100,000% Over 60 Years
Berkshire Hathaway shares closed slightly lower on Warren Buffett’s final day as chief executive, with the legendary investor set to hand the reins to Greg Abel on Jan. 1. The price of Berkshire Class A shares edged down $600, or …
POSTED JANUARY 02, 2026 3:39 PM |
Kansas Man Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt this week announced a Sedgwick county man has been sentenced to 18 months of probation for insurance fraud. Shawn Gales, age 37, pleaded guilty on December 18, 2025, in Sedgwick County District Court to one …
POSTED JANUARY 02, 2026 3:37 PM |
Aon Extends Employment Agreement With CEO Case
Aon Corp. said it has extended its contract with President and CEO Greg Case through 2030. Case’s contract was previously set to end on April 1, 2028. Case has led the brokerage, among the world’s largest, since he took over …
POSTED JANUARY 02, 2026 3:16 PM |
Idaho Company Recalls Nearly 3,000 Pounds of Ground Beef for E. Coli Risk
An Idaho-based company is recalling nearly 3,000 pounds of raw ground beef that may have been contaminated with E. coli bacteria. The recall involves 16-ounce vacuum-sealed packages labeled “Forward Farms Grass-Fed Ground Beef.” Affected packages were produced Dec. 16 and …
POSTED JANUARY 02, 2026 3:04 PM |
Definity Financial Completes $2.4B Acquisition of Travelers’ Canadian Businesses
Definity Financial Corp., the Canadian property/casualty insurer, announced the completion of its previously announced acquisition of the personal insurance business and the majority of the Canadian businesses of The Travelers Cos. The deal, which was first announced in May 2025, …
POSTED JANUARY 02, 2026 2:39 PM |
Derailed Train in Kentucky Causes Chemical Leak and Sparks a Fire
A derailed CSX train leaked a flammable chemical and sparked a fire in a rural part of southern Kentucky on Tuesday, prompting authorities to issue a shelter-in-place order that was later lifted for nearby residents. No injuries were reported after …
POSTED JANUARY 02, 2026 2:35 PM |
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