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Top Africa Insurer Sanlam Flags ‘Massive’ Risks From Iran War
Sanlam Ltd. sounded the alarm about the impact of a protracted war in the Middle East, with Africa’s biggest insurer saying the conflict could have a “massive” impact on its performance. The escalating tensions will hurt earnings of the firm …
POSTED MARCH 13, 2026 8:22 AM |
AM Best Upgrades Credit Ratings for Members of CapSpecialty
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation, both of Middleton, Wisconsin, and Platte …
POSTED MARCH 13, 2026 8:00 AM |
Prices for New Cars Have Soared. Here’s One Big Reason Why
The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers have framed the issue around partisan lines. U.S. President Donald …
POSTED MARCH 13, 2026 7:12 AM |
People Moves: Anders Joins Alliant Insurance Services’ Employee Benefits Group
Reed Anders joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Chicago, Illinois, Anders has led cross-functional teams across finance, accounting, HR, compliance, IT, and operations. He began his career …
POSTED MARCH 13, 2026 7:00 AM |
Former Michigan Linebackers Coach Sues University Over Firing
ormer Michigan linebackers coach Chris Partridge sued the university, its board of regents and its athletics director Wednesday for firing him in 2023 while the NCAA investigated allegations of in-person scouting and sign-stealing. Partridge’s lawsuit filed in U.S. District Court …
POSTED MARCH 13, 2026 6:28 AM |
Suspect Killed After Ramming Vehicle Into Michigan Synagogue
A man was killed after ramming his vehicle into the front doors of a synagogue in suburban Detroit on Thursday afternoon, setting off an exchange of gunfire with security officers and a large police response, authorities said. Oakland County Sheriff …
POSTED MARCH 13, 2026 6:25 AM |
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 |
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