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US Commodity Regulator Kicks Off Rulemaking for Prediction Markets
The U.S. Commodity Futures Trading Commission on Thursday called for public comment ahead of a regulatory proposal it said would shape government oversight of the burgeoning market for events contracts and prediction markets. In a public notice, the agency drew …
POSTED MARCH 13, 2026 5:41 AM |
Syngenta to Cease Global Production of Toxic Herbicide
Multinational agriculture technology company Syngenta announced last Tuesday (March 3) that it will cease global production of the herbicide paraquat by the end of June, including at its facility in Iberville Parish. Banned in more than 70 countries, paraquat is …
POSTED MARCH 13, 2026 5:12 AM |
P/C Statutory Results: The Highs and The Lows
A new report from S&P Global Market Intelligence is filled with information about record line-of-business loss ratios achieved in 2025—with some property/casualty lines coming in at record lows, and others reaching record high levels. Not surprisingly, the highs occurred for …
POSTED MARCH 13, 2026 5:12 AM |
Planet-Warming El Niño to Form by September, US Forecasters Say
US forecasters say an El Niño is favored to emerge in the Pacific Ocean by September, threatening to drive global temperatures higher and disrupt crops in the months ahead. Scientists at the US Climate Prediction Center project a 62% chance …
POSTED MARCH 13, 2026 5:11 AM |
Neptune Flood Launches App in ChatGPT to Get Preliminary Flood Insurance Quotes
Neptune Flood has joined the ranks of insurance apps in ChatGPT. On March 12 St. Petersburg, Florida-based Neptune Flood said it has a digital flood insurance app on the platform to allow property owners to get real-time preliminary quotes from …
POSTED MARCH 13, 2026 5:10 AM |
People: Housse Heads Facultative for Gallagher; Coggiola to SC Work Comp Board
Gallagher Re, the global reinsurance brokerage, named Steven Housse as facultative reinsurance leader for North America, starting this week. Housse, based in Atlanta, joins Gallagher after three years as managing director with BMS Group, a London-based insurance and re broker. …
POSTED MARCH 13, 2026 5:02 AM |
Retailers Casualty Offers $1M in Dividends to Safe Employers
Retailers Casualty Insurance, with offices in Michigan and writing workers’ compensation coverage around the South, has joined a growing list of carriers offering dividends or rebates to safe employers. The company’s board of directors voted recently to declare a $1 …
POSTED MARCH 13, 2026 5:01 AM |
Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
Every summer, people living near the Mendenhall River in Juneau, Alaska, keep a close eye on the water level. When the river level begins to rise rapidly, it’s a sign that Suicide Basin, a small glacier-dammed lake 5 miles up …
POSTED MARCH 13, 2026 5:00 AM |
40 Cars Recovered in Takedown of Million Dollar Stolen Vehicle Sales Operation
New York officials reported that after a year-long investigation they have recovered more than 40 Honda and Toyota vehicles worth more than a million dollars that were stolen. New York Attorney General Letitia James and New York City Police (NYPD) …
POSTED MARCH 13, 2026 5:00 AM |
AM Best Revises Outlooks to Positive for Plymouth Rock Assurance Group
AM Best reports that it has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for the members of Plymouth Rock …
POSTED MARCH 13, 2026 5:00 AM |
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