The Financial Conduct Authority has confirmed commissioning one skilled person report in the insurance sector during the first quarter of 2025/26, after a recent record total the year before. It marked a return to opening investigations with the regulator having concluded the previous financial year with no insurance-related S166s in the final quarter. However, that … Read more
CEDARTOWN, Ga. (AP) — A federal receiver is on the hunt to recover $140 million lost in an alleged Ponzi scheme that benefited some Republicans in the top ranks of their party in Georgia and Alabama. He’s looking to claw back funds, including almost 1,000 political donations totaling more than $1 million, that often backed … Read more
A wildfire in California has prompted evacuation orders and threatened hundreds of structures. The wildfire has grown to 65,062 acres, and was only 3% contained. Firefighters have been battling the Gifford fire in Santa Barbara and San Luis Obispo Counties since Friday. Evacuation warnings were issued for areas in both counties. Highway 166 remains closed … Read more
Mississippians have until Tuesday to intervene in a proposal for a natural gas pipeline that would span nearly the full width of the state. The pipeline, called the “Mississippi Crossing Project,” would start in Greenville, cross through Humphreys, Holmes, Attala, Leake, Neshoba, Newton, Lauderdale and Clarke counties and end near Butler, Alabama, stretching nearly 208 … Read more
BHL (UK) Holdings, majority owner of Compare The Market, has invested a further £2m in telematics insurtech ThingCo. BHL first invested £3m in 2021 taking a minority stake. ThingCo was set up in January 2018 by Mike Brockman, founder and ex CEO of Insurethebox. As previously reported by Insurance Age, in 2022 the telematics provider … Read more