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Latest Insights and Expert Tips on Insurance
Explore our latest blog posts for expert insights, tips, and news about the insurance world. Stay informed and make confident decisions with the most up-to-date information on health, auto, home, and life insurance.
Utah-based Trucordia, a top-20 U.S. insurance brokerage, has acquired the Rusty Healy Insurance Agency in Madison, Mississippi, the company said…
The U.S. National Highway Traffic Safety Administration said on Monday it is expanding and upgrading a probe into about 295,125…
The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer…
Kaplansky Insurance has acquired two central Massachusetts insurance agencies and a third in the western part of the state. The…
Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset…
This edition of International People Moves details appointments at SCOR UK and SCOR Syndicate as well as QBE. A summary…
A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the…
British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking…
The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto…
The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across…
PACE Southeast Michigan, a company providing all-inclusive care for the elderly, will pay $170,000 and furnish other relief to resolve…
A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep…
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the…
RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by…
ORLANDO, Fla. (AP) — Two insurance companies have asked a court to block a $19.7 million claim by owners of…
Rainbow, a digitally enabled managing general underwriter based in San Francisco, California, announced raising $8 million in Series A funding…
By David Voreacos Jan 17, 2025, 2:56 PM Word Count: 346 (Bloomberg) — The New Jersey attorney general’s office cleared…
Many drivers feel ready to tackle Pacific Northwest winter weather. A poll shows 59% of Northwest drivers report feeling comfortable…
The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association have merged. The combined organization will operate…
World Insurance Associates LLC acquired the business of Business Contractors Insurance Services in Santee, California. BCIS was founded more than…
Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20…
The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it…
Four of Canada’s biggest banks are leaving the industry’s top climate-finance alliance, joining Wall Street peers and extending an exodus…
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the…
The European Commission intends to propose a ban on the use of PFAS, or “forever chemicals,” in consumer products, with…
The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it…
Rural Mutual Insurance Company and Badger Mutual Insurance Company, with a combined 227 years of providing farm, commercial, and personal…
Cleveland’s fight to keep the Browns from moving from downtown and into a proposed dome in the suburbs has taken…
Deere & Co. unfairly forces farmers to visit authorized dealers to repair their equipment, resulting in higher prices than if…
Homeowners with mortgages who are at risk of flooding from rivers and creeks are more likely to be underinsured for…
Texan Insurance, full-service insurance agency, announce its acquisition of Austin, Texas-based J&M Insurance, a trusted provider of personal and commercial…
The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by…
The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to…
California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms.…
RALEIGH, N.C. (AP) — The mother of a North Carolina university student killed while on a ride-along in a Highway…
President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and…
There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash…
I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as…
Litigation under the False Claims Act generated more than $2.9 billion in settlement and judgments the last fiscal year, according…
LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about 12% and closing…
CHARLESTON, W.Va. (AP) — Republican Gov. Patrick Morrisey issued a slew of aggressive executive orders on his first full day…
The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end —…
MONTGOMERY, Ala. (AP) — An Alabama city will pay $750,000 to settle a federal civil rights lawsuit against a police…
The Yarmouth town council voted unanimously this month to remove two town-owned dams on the Royal River and consider fish…
Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion…
Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many…
This edition of International People Moves details appointments at Lloyd’s and White Bear Group. Details of these new hires follows…
Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting…
This past year, 2024, was the warmest ever measured for the global ocean, following a record-breaking 2023. In fact, every…
The family of former Leicester soccer club owner Vichai Srivaddhanaprabha has filed the largest fatal accident claim in English history…
The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s…
The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC).…
The National Association of Mutual Insurance Companies (NAMIC) promoted Tony Cotto to assistant vice president and counsel for federal and…
Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the…
Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut…
A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise…
A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the…
Patty Kuderer was sworn in as Washington’s ninth insurance commissioner on Wednesday. She is one of only 11 elected insurance…
A Chambersburg, Pennsylvania soap and detergent manufacturer faces $161,310 in federal penalties after an Occupational Safety and Health Administration (OSHA)…
Trucordia acquired the insurance business of Boulder Insurance Solutions in Colorado. Boulder Insurance Solutions is full-service brokerage in serving small-…
This post is part of a series sponsored by Darkhorse Insurance. Starting a new insurance agency is a thrilling venture,…
California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already…
This edition of International People Moves details appointments at Lockton Re and Westfield Specialty International. A summary of these new…
Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced its Lloyd’s syndicate has agreed a ground-up loss portfolio transfer (LPT)…
A report detailing distracted pilots, airport congestion and shortcomings in safety protocols shines new light into the lead up to…
A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients, leading to…
The owner of a Texas drywall company is set to appear in Travis County District Court on February 12 to…
Fiesta Auto Insurance and Tax Services announced the signing of new a deal to open its latest location in Katy,…
ATLANTA (AP) — Georgia Gov. Brian Kemp on Monday proposed giving public schools a one-time additional $50 million to spend…
Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California, creating the risk of more…
Two months after his law license was suspended and he was charged with illicitly filming renters at his beach property,…
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage business headquartered in Indianapolis, Indiana, has acquired Independent Brokers Agency LLC,…
More than two dozen vehicles in a high school parking lot had their windows smashed and were broken into during…
MEMIC Promotes McCracken to VP of Business Intelligence and Analysis The MEMIC Group, headquartered in Portland, Maine, promoted Kaila McCracken…
Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in…
Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US…
Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was…
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of…
Remember the 2010 The Rent Is Too Damn High campaign by Jimmy McMillan? Some people in New York now think…
Colonial Pipeline Co. shut the largest US fuel pipeline Tuesday to investigate a potential leak in Georgia. The company’s Line…
Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk…
War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US…
The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment…
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing…
This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the…
Are you a top agent/producer? Do you know someone at your agency who is? Insurance Journal is searching for the…
A Hopkinton man was sentenced on Jan. 10, 2025 in federal court in Boston for defrauding the Internal Revenue Service…
Dermatologicals, which include a number of high-priced, private label drugs, account for the biggest share of the total drug spend…
Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location…
This post is part of a series sponsored by AgentSync. State-by-state variations of laws, compliance protocols, industry transparency, and general…
The Minneapolis City Council this month approved an agreement with the federal government to overhaul the city’s police training and…
DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled…
The Iowa Insurance Division, a member of the North American Securities Administrators Association (NASAA), announced last week it has joined…
Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost…
Property and auto insurers in South Carolina can keep non-resident adjusters on the job for at least another 90 days,…
New Orleans officials projected confidence in their security plans as the city prepares to host the Super Bowl and Mardi…
As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying…
Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re…
Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over…
Floridians may remember the strange case of Jacksonville businessman Jose Lantigua, who faked his own death in 2013 in an…
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