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AM Best Revises Outlook to Negative for Nazareth Mutual

Dec 5 2025 // AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of...

The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds

Dec 4 2025 // Despite clear evidence that plastic is clogging oceans and beaches and breaking down into microplastics that enter our bodies, humans are continuing to produce the material at accelerating rates.The result: Global plastic...

Deadly Floods’ $20 Billion Toll Shows Asia’s Rising Climate Risk

Dec 4 2025 // Devastating floods have killed more than 1,300 people and caused at least $20 billion in losses since late last month across parts of South and Southeast Asia, underscoring the increasing risks from climate change and...

Surveys Show Concerns About Florida Market, But Consumers Are Warming Up

Dec 4 2025 // New surveys of Florida homeowners show continued concerns about property insurance, premiums and hurricanes, but policyholders seem to be breathing a little easier in recent months.A poll by Florida Atlantic University...

Bank of England Sees Rising Financial Risks From AI and Lending

Dec 3 2025 // The Bank of England said on Tuesday that threats to Britain’s financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending and bets with borrowed...

Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say

Dec 2 2025 // The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs, industry...

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