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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.

    Los Angeles Faces Another Day of Extreme Fire Risk as Winds Rise

    Hot, dry winds are pummeling Los Angeles and surrounding areas of Southern California, raising wildfire risks through at least Wednesday…

    Baltic Sea Cable Cuts Can’t Be Accident, EU Tech Chief Says

    The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t…

    Find Out How Salaries & Satisfaction Stack Up: Agency Salary Survey

    We invite ALL retail agency owners, principals, producers, CSRs — the entire agency — to participate in Insurance Journal’s annual…

    Sandy Hook Families Reach Settlement Over Alex Jones’ Bankruptcy

    Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on…

    LA Wildfires Losses Could Top $30 Billion for Insurance Industry

    Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the…

    Russian Insurer Says US Sanctions Against it Increase Risk of Environmental Disaster

    Russian insurance company Ingosstrakh said on Friday that U.S. sanctions against it would increase the risk of environmental disasters. The…

    Russia Expands Response to Biggest Black Sea Fuel Spill in Decades

    Russia has formed a new government commission to coordinate clean up of the biggest spill of oil products in the…

    People Moves: Vermont Mutual Names McDonnell CEO; Carangelo Joins DeCotis

    Vermont Mutual, headquartered in Montpelier, Vermont, named company president Mark J. McDonnell as chief executive officer. McDonnell first joined Vermont…

    With Waters and Mandates Rising, HoneyQuote Adds Flood Insurance Price Tool

    As more policyholders with Florida’s Citizens Property Insurance are statutorily required to purchase flood insurance, another insurance rate-quoting service has…

    Navion Acquiring Pegasus Capital & Insurance Services in California

    Navion insurance Associates Inc. has acquired Pegasus Capital & Insurance Services Inc. in California. Pegasus Capital & Insurance Services is…

    US Chicken, Pork Plant Workers Face Higher Health Risks, USDA Studies Confirm

    Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal…

    New York Governor Wants to Curb Hedge Funds Buying of Homes

    New York Gov. Kathy Hochul last Thursday said she will push for new laws to make it harder for hedge…

    Reuters Exclusive: Investor Climate Group Suspends Activities After BlackRock Exit

    A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities…

    Crews Continue Efforts to Stabilize Pennsylvania Sinkhole Area

    A sinkhole where a Pennsylvania woman fell to her death last month is now being filled with hundreds of cubic…

    US Supreme Court Rebuffs Meta Bid to Avoid Advertisers’ Lawsuit

    The U.S. Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class…

    Texas Lawsuit Alleges Allstate Illegally Collects Driver Data

    The State of Texas on Monday filed a lawsuit against Allstate, alleging the insurance company illegally collects driver data through…

    Edison Utility Sued Over Role of Equipment in Los Angeles Fire

    Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of…

    Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California

    Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location…

    USDA Halts Mexican Cattle Imports, Impacting Millions in Texas Livestock Industry

    A single cow in Mexico and a pest the size of a housefly have held up pens full of Texas-bound…

    Business Moves: Aon’s NFP Buys Irish HR Consultant; CoreLogic Purchases Australian Technology Firm

    Aon’s NFP Acquires Irish Human Resources Consultancy and Training Specialist NFP, the New York City-based brokerage and consulting firm and…

    Lawsuit Seeks to Recover Damages for Dancers at Kansas Gentlemen’s Club

    The U.S. Department of Labor filed a federal lawsuit on Jan. 6, 2025, as part of its ongoing effort to…

    Los Angeles Fires Rage as High Winds Set to Return This Week

    At least two rounds of vicious, dry Santa Ana winds are expected to blast through Southern California early this week,…

    Negligence Allegations in Lawsuit Following Truck Attack in New Orleans

    Six people who were injured and the father of a man who was killed in the New Year’s truck attack…

    Toxic Traces of Lead Mining in Missouri Are Hard to Erase

    To see the toxic legacy of lead mining in the US and understand the complicated task of cleaning it up,…

    People Moves: Arch Insurance (EU) dac Promotes Smith to CEO, Succeeding Scheuer; BHSI Taps SCOR’s Le Gall as Head of Casualty in France

    This edition of International People Moves details appointments at Arch Insurance and Berkshire Hathaway Specialty Insurance. A summary of these…

    Winter Storm Gripped on Parts of the South, With Snowy Roads, Flight Cancellations

    ATLANTA (AP) — Flight cancellations piled up and officials warned of continuing dangerous roads Saturday in the wake of a…

    Moody’s to Acquire Geospatial AI Firm CAPE Analytics

    Moody’s Corp. has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties. Moody’s said…

    Canadian Insured Losses from Catastrophic Events Total C$8.5 Billion in 2024: CatIQ

    The magnitude of catastrophic events experienced across Canada in 2024 pushed the insured loss total for the region to C$8.5…

    Mississippi Police Officer Suspended After Chase That Ended in Three Deaths

    BYHALIA, Miss. (AP) — A north Mississippi police officer whose pursuit ended in a crash that killed three people has…

    Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice

    A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., bringing the…

    New York AG Seeks Recovery of $2.2 Million in Crypto Tied to Remote Job Scam

    New York Attorney General Letitia James has filed a lawsuit to recover $2.2 million worth of cryptocurrency held in digital…

    Pfizer Must Face Lawsuit Over Diversity Fellowship Program, Appeals Court Rules

    A U.S. appeals court on Friday revived a lawsuit by a conservative group opposed to diversity initiatives in medicine that…

    Broker Miller Launches Korean Unit to Aid Asia Expansion

    Miller, the London-based specialist re/insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by…

    Stricken Oil Tanker Towed to Safety Off German Island of Ruegen

    An oil tanker sailing under the Panamanian flag that ran out of power in the Baltic Sea last week has…

    Yodel Lawsuit Exposes Strains in UK’s Troubled Parcel Industry

    A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and misappropriating…

    Tougher US Sanctions to Curb Russian Oil Supply to China and India

    Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight…

    FEMA Maps Lead to Development in Flood-Risk Areas, NC State Study Shows

    A study by researchers at North Carolina State University supports what some critics of federal flood maps have said for…

    US Sues Airbnb After Host Rejected Rental to Mother With Children

    Airbnb was sued by the U.S. government on Friday over a host’s refusal to rent an apartment to a mother…

    Bodies In Landing Gear. Stowaways. Open Doors. What’s Up With Aviation Security?

    What is going on with aviation security? People have been found dead hiding in the wheel wells of planes twice…

    Heffernan Insurance Brokers Acquires Green Financial in Washington

    Heffernan Insurance Brokers acquired Green Financial in Kirkland, Washington. Fred Green, president of Green Financial, and his team have joined…

    American Airlines’ ESG-Based Investing for 401(k) Plan Is Illegal, US Judge Rules

    A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee…

    People Moves: Film Broker Baratta Joins Front Row Insurance in Los Angeles

    Front Row Insurance Brokers LLC hired film insurance broker Anthony Baratta to its Los Angeles office. Baratta joins Front Row…

    Vermont School District Settles With US Over Racial Harassment Allegations

    A Vermont school district’s inadequate response to serious and widespread harassment of Black and biracial students has led to a…

    People Moves: AM Best Names Johnson Chief Ratings Officer, Holzberger Chief Operating Officer

    AM Best, headquartered in Oldwick, New Jersey, appointed Kenneth J. Johnson as senior managing director and chief ratings officer. Stefan…

    Private Hospital Owner Prospect Medical Files for Bankruptcy

    Prospect Medical Holdings Inc., once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and…

    New Law in New Hampshire Creates Private Right of Action For Victims of Deepfakes

    This post is part of a series sponsored by IAT Insurance Group. There’s been no shortage of examples in recent…

    The Most Important LA Wildfire Stories to Know About

    As firefighters gain more control over what have become the most destructive wildfires in U.S. history in a matter of…

    Minnesota Judge Orders MyPillow to Pay $778K to Delivery Service DHL

    A Minnesota judge has ordered MyPillow to pay nearly $778,000 for unpaid bills and other costs to package delivery service…

    Texas AG Files Second Lawsuit Against TikTok Over Explicit Content

    Texas Attorney General Ken Paxton on Thursday sued TikTok for the second time in recent months, accusing the social media…

    Winter Storm Sweeps US South, Grounding More Than 2,000 Flights

    A powerful winter storm sweeping the US South has grounded more than 2,000 flights, halted passenger trains and threatens the…

    Re/Insurance Losses From LA Wildfires Expected to Be Significant but Manageable: S&P

    Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses…

    $1.7B in Block Grants Awarded to North Carolina Governments for Helene Recovery

    ASHEVILLE, N.C. (AP) — North Carolina governments are receiving over $1.65 billion in federal block grant money to help address…

    Georgia Lawmakers Gearing Up for New Tort Reform Push

    ATLANTA (AP) — After years of stalled efforts to limit civil lawsuits, Georgia Gov. Brian Kemp and Republican lawmakers are…

    BlackRock Leaves Major Climate Group Amid Wall Street Exodus

    BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for…

    Edison Denies LA Wildfire Involvement as Insurers Ask It to Preserve Evidence

    Southern California Edison said on Thursday it had received notices from insurance companies to preserve evidence related to the Eaton…

    Europe Warns Airlines on Russia Airspace After Azeri Plane Crash

    The European Union Aviation Safety Agency warned airlines to steer clear of several cities in Russia following the fatal crash…

    South Korea Jet Crash Puts Fast-Growing Jeju Air’s Safety Under Scrutiny

    Before it suffered the deadliest crash in South Korea’s history, budget airline Jeju Air was moving fast: racking up record…

    Hottest Year Ever Sees World Breach 1.5C Global Warming Target

    Earth’s warming exceeded 1.5C on an annual basis for the first time in 2024, according to two major climate science…

    Winter Weather Wallops US Farmers

    A nasty dose of winter weather has pummeled much of the U.S. from Kansas to the East Coast, leaving many…

    Texas Refineries Prepare for First Winter Storm, Frigid January

    Texas refineries are bracing for an onslaught of cold, snow and freezing rain as the US South’s first major winter…

    Warner Pacific Completes Acquisition of 5 Acrisure General Agencies

    General agency Warner Pacific said it has acquired five general agencies from broker and fintech specialist, Acrisure, effective Dec. 1…

    People Moves: AIG Moves Flatt to Global CUO; Tooker Now President at The Hartford; Berkley Financial Names Brinkley Chief of Claims

    American International Group (AIG) said Christopher Flatt, currently head of AIG North America alternative channels, has been named global chief…

    Cal/OSHA Says Safeway Exposed Workers to Hazardous Conditions at Largest Warehouse

    The California Division of Occupational Safety and Health cited Safeway $182,000 in proposed penalties for safety violations that reportedly put…

    Collateral Agreement Didn’t Mention Tort Claims, Cutting SUNZ Out of BP Funds

    If insurance carriers want to have dibs on a company’s assets as premium security or collateral, they had better specify…

    Catastrophe Bond Funds Say They’ll Dodge Losses as LA Fires Rage

    The wildfires sweeping through Los Angeles are unlikely to trigger significant losses for catastrophe bonds designed to capture such risks.…

    Meta Knew It Used Pirated Books to Train AI, Authors Say

    Meta Platforms used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark…

    Brain Monitoring: It Could Improve Employee Performance or Worsen Discrimination

    Despite all the attention on technologies that reduce the hands-on role of humans at work – such as self-driving vehicles,…

    AM Best Upgrades Financial Strength Ratings for Employers Holding Subsidiaries

    AM Best has upgraded the Financial Strength Rating (FSR) of Reno, Nevada-based Employers Holdings Inc.’s subsidiaries to A (Excellent) from…

    Nevada Division of Insurance Recovered $9.4M in 2024

    The Nevada Division of Insurance’s Consumer Services section recovered $9.4 million for Nevada consumers during 2024, the division announced this…

    Insurer Upheld in Declining to Defend Employer Against Injured Worker’s Lawsuit

    The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an insured employer against an…

    Massachusetts to Hike Some Mandatory Auto Insurance Coverage Limits in 2025

    Massachusetts Governor Maura Healey recently signed legislation increasing the minimum coverage limits of auto insurance for some mandatory coverages. These…

    Insured Losses From Los Angeles Wildfires Rising: $8B to $20B

    With aerial firefighting returning as strong Southern California winds died down for a bit, damage assessments from a handful of…

    Hub Acquires Connecticut’s Byrnes Agency

    Insurance broker Hub International Limited has acquired the assets of Byrnes Agency, Inc. in Connecticut. Terms of the transaction were…

    People Moves: GuideOne Insurance Appoints Wei Huang to Board of Directors

    GuideOne Insurance, headquartered in West De Moines, Iowa, appointed Wei Huang to its board of directors. Huang, who serves as…

    ZestyAI Receives Approval From Missouri Department of Insurance

    ZestyAI, a provider of AI-powered climate and property risk analytics solutions, has received regulatory approval from the Missouri Department of…

    Green Bay Packers Online Store Hacked, Exposing 8,500 Customers

    The Green Bay Packers’ online store was hacked in September and October, the franchise said in a data breach filing…

    Texas Farmers Look to New Congress to Update Crucial Farm Bill

    Texas farmers tepidly celebrated last month after Congress barely managed to extend a package of laws meant to aid the…

    Rare Dallas Snow and Ice Ground Hundreds of Flights Across US

    A winter storm that brought snow to Dallas and threatens the US South with ice and sleet has grounded more…

    Floods Are Top Risk to Supply Chains in 2025, Everstream Says

    Flooding poses the greatest threat to supply chains this year, as warm ocean temperatures fuel more frequent and disruptive storms,…

    People Moves: WTW Names Wegbrans as Head of Corporate Risk & Broking Europe; Howden Re Taps Aon’s Nicholson, Lockton Re’s Riley for Aviation and Space Team

    This edition of International People Moves details appointments at WTW and Howden Re. A summary of these new hires follows…

    EU Bank Regulator Tightens ESG Rules as Climate Risk Grows

    Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new guidelines…

    Major Florida Citrus Grower to End Operations After Years of Hurricanes and Blight

    ORLANDO, Fla. (AP) — A major grower said this week it is abandoning its citrus growing operations, reflecting the headwinds…

    Florida Grand Jury Finds No Criminal Activity With COVID Vaccine Development

    TALLAHASSEE, Fla. (AP) — A statewide grand jury convened at the request of Florida Gov. Ron DeSantis to investigate “any…

    Apple Clarifies Siri Privacy Stance After $95M Class Action Settlement

    Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it…

    Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’

    Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion…

    Los Angeles Fires Become Existential Test for California’s Stopgap Insurer

    The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history,…

    Maine Storm Resilience Proposal Includes Insurance Industry-Funded Mitigation Grants

    Maine Governor Janet Mills along with House and Senate leaders are championing major legislation to strengthen the ability of local…

    Commercial Property Market Stabilizing, With Ample Capacity: USI

    The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or…

    People Moves: Pennsylvania Lumbermens Names Firko Operating Officer, Promotes 6

    Pennsylvania Lumbermens Mutual Insurance Company (PLM), headquartered in Philadelphia, named Steve Firko as executive vice president and chief operating officer…

    When EVs Take Off: AM Best Reviews Impact on China Motor Insurance

    Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded…

    Broker McGill Offers Property War Reinsurance for Ukraine

    Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday…

    People Moves: Canopius Names CAC’s Burke US Head of Cyber and Technology; Gerber Hired as AXA XL’s Head of Energy Transition, Americas

    Canopius, headquartered in Chicago, appointed Laura Burke as U.S. head of cyber and technology. Burke assumes the role after serving…

    Viewpoint: It Is Insurers’ Time to Lead a Resilience Revolution

    There is a risk crisis affecting the insurance industry. Hurricanes Helene and Milton left a trail of tens of billions…

    More SE States Pushing Funding, Discounts for Stronger Roofs as Storms Increase

    A residual property insurer and regulators in two Southeastern states are emphasizing roof integrity, more signs that mitigation and prevention…

    Businesses Sue State Over New California Workplace Law

    California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings…

    DC Facing String of High-Stakes Security Events Capped by Trump Inauguration

    The last time a president was inaugurated, there was a global pandemic and a violent siege at the very spot…

    Hub Acquires Woods Insurance Services in New Mexico

    Hub International Ltd. has acquired the assets of Woods Insurance Services Inc. in Farmington, New Mexico. Lyle Love, owner and…

    Marine Acquitted in Subway Chokehold Case Seeks Dismissal of Suit by Victim’s Father

    The former U.S. Marine acquitted last month of criminal charges in the death of a man on a New York…

    Oregon’s New Rules for Homeowners Living in Certain High-Risk Wildfire Areas

    Oregon homeowners living in certain areas at high risk of wildfire will face stricter building codes and mandates to reduce…

    Boosting Insurance Sales Motivation: Tips to Stay Inspired as an Insurance Agent

    This post is part of a series sponsored by Darkhorse Insurance. How can you, as an insurance agent, stay motivated…

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