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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.

    Baltimore Loses Its Bid to Block CFPB Defunding But Another Challenge Is Pending

    A federal judge in Baltimore on Friday rejected the city’s effort to temporarily block the Consumer Financial Protection Bureau from…

    Multiple Deaths, Damage in South, Midwest from Winds, Tornadoes

    Violent tornadoes ripped through parts of the U.S., wiping out schools and toppling semitractor-trailers in several states, part of a…

    Wilson Promoted to CEO of Markel Insurance; Vice Chair Markel to Retire

    Markel Group said early Monday that Simon Wilson is the new chief executive officer of Markel Insurance. Markel Insurance includes…

    Homeowners Insurance Glossary of Terms

    Home insurance terms aren’t typically part of your vocabulary until they’re personally relevant, and then they’re important. Knowing the meaning…

    At Least 32 Dead in Massive US Storm After New Fatalities Reported

    Violent tornadoes ripped through parts of the U.S., wiping out schools and toppling semitractor-trailers in several states, part of a…

    Peruvian Farmer Takes Germany’s RWE to Court in Landmark Climate Case

    A Peruvian farmer who says German energy giant RWE’s emissions have contributed to the melting of Andean glaciers, increasing the…

    Cyclone Alfred to Cost Australia’s Budget A$1.2B, Hit Growth and Increase Inflation

    Cyclone Alfred will cost Australia’s March 25 budget at least A$1.2 billion [US$759 million], hit growth and put pressure on…

    Cybersecurity Officials Warn Against Potentially Costly Medusa Ransomware Attacks

    The FBI and the U.S. Cybersecurity and Infrastructure Security Agency are warning against a dangerous ransomware scheme. In an advisory…

    Diversification, Risk Modeling Top of Mind for Carriers as Cyber Market Softens

    As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth…

    People Moves: California Reappoints Members to Diversity Task Force and WCIRB Governing Committee

    California Insurance Commissioner Ricardo Lara reappointed members Mitch Steiger and C. Bryan Little to the California Workers’ Compensation Insurance Rating…

    Judge Finds Frozen Embryos Are Not Property That Can Be Divided

    A northern Virginia judge determined embryos are not property that can be divided up, rejecting a previous analysis by the…

    Volcano Near Alaska’s Largest City Could Erupt in Coming Weeks Or Months, Scientists Say

    A volcano near Alaska’s largest city is showing new signs of unrest, with experts saying the likelihood of an eruption…

    US Court Allows Trump to Enforce Ban on DEI Programs, For Now

    A U.S. appeals court on Friday said the Trump administration could temporarily implement a ban on diversity, equity and inclusion…

    California Insurance Commissioner Provisionally OKs State Farm’s 22% Rate Request

    California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim homeowners insurance rate hike, the California…

    Fraternity Members Charged in Death of Southern University Student

    Two more arrests have been made in connection with the death of a 20-year-old Southern University student who was repeatedly…

    Keystone Agency Partners Acquires Oklahoma’s Ascent Insurance Group

    Keystone Agency Partners, an insurance agency partnership platform, announced the acquisition of Ascent Insurance Group, a prominent Oklahoma-based insurance agency.…

    Texas Tech Medical School Settles Suit Over Alleged Race-Based Admissions Practices

    A group led by Stephen Miller, President Donald Trump’s deputy chief of staff, is claiming victory after it got a…

    Explorers Discover Wreckage of Old Cargo Ship That Sank in Lake Superior Storm

    Twenty years before the Titanic changed maritime history, another ship touted as the next great technological feat set sail on…

    As State Attorneys General Grab Headlines With Lawsuits, Missouri’s Bailey Stands Out

    When Missouri Attorney General Andrew Bailey says he’ll seize assets to force China to pay a $24.5 billion award won…

    US Property-Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals

    Reinsurance renewal rates continued dropping during this year’s January renewals, but US property-catastrophe reinsurance pricing is likely to stabilize during…

    MLB’s Rays Bail on Deal for New Ballpark in St. Petersburg

    The Tampa Bay Rays are backing out of a deal to build a new $1.37 billion stadium in St. Petersburg,…

    Billions in Hurricane Helene Aid to Farmers to Start Flowing by March 21

    ATLANTA (AP) — Tens of billions in aid for victims of Hurricane Helene should start flowing later this month, U.S.…

    People Moves: Shipper to Head Beazley N.A. Commercial Property; Porch Group Names New Leadership; Allstate Names Carter as CHRO

    Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to…

    World Insurance Acquires Archambault Associates of Connecticut

    World Insurance Associates LLC reports it acquired the business of Archambault Insurance Associates of Putnam, Connecticut in December. Terms of…

    AM Best Assigns Excellent Rating to MEM

    AM Best has assigned Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Ratings of “a-” (Excellent) to Previsor…

    South Dakota Law Raises Questions About Future of Massive Midwest Pipeline

    A new law in South Dakota prohibiting the use of eminent domain to acquire land for carbon capture pipelines raises…

    FTC: Consumers Lost $12.5 Billion to Investment, Other Scammers in 2024

    Consumers lost more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year, according…

    Texas Judge Awards Nearly $2M for Negligent FBI Agent’s Fatal Shooting

    A federal judge has awarded nearly $2 million in damages as part of a civil lawsuit after concluding an FBI…

    Rural Texas Hospitals Scramble to Respond to Measles Surge

    Five years ago, Melanie Richburg used a roll of duct tape, a HEPA filter and a portable fan to draw…

    Florida Citizens Moving to Safer Jacksonville Office Away from Downtown

    Florida’s Citizens Property Insurance Corp. is planning to move its Jacksonville office, due in part to security concerns at its…

    8 Hurt When Driver Plowed Vehicle into California Car Dealership

    Eight people were injured over the weekened when a driver plowed a vehicle into a CarMax location in the Los…

    Nirvana Raises $80M for AI-Driven Fleet Insurance; Carrier-Agency Connector CoverForce Secures $13M

    Nirvana Insurance Secures $80M for Trucking Insurance AI Nirvana Insurance, an AI-driven commercial trucking insurer, announced an $80 million Series…

    Pilot Error Likely Caused Small Plane Crash That Killed Family in Tennessee

    NASHVILLE, Tenn. (AP) — A fiery small plane crash in Tennessee last year that killed a Canadian family of five…

    Supreme Court Nixes Challenge to State Climate Suits Against Oil Firms

    Adds background on case in paragraphs 3-13 By Nate Raymond March 10 (Reuters) – The U.S. Supreme Court rejected on…

    France Warns of Soaring Insurance Costs From Climate Change

    French households, businesses and local authorities will face soaring costs for insurance if the country fails to adapt to a…

    Bayer Threatens to Stop Roundup Weedkiller Sales in US Over Litigation Costs

    Bayer has told U.S. lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability…

    Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure

    Arthur J. Gallagher & Co. announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc.,…

    Medical Plane’s Voice Recorder Likely Not Working for Years Before Crash

    The cockpit voice recorder was not working on a medical transport plane that killed seven people when it plummeted into…

    Brazil Insurer Caixa Seguridade Files for Secondary Share Offering

    Brazilian state-run insurance firm Caixa Seguridade said late on Sunday it had filed for a follow-on share offering that will…

    Citi Fined by Swiss Exchange Regulator Over 2022 Fat-Finger Flash Crash

    Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a London staffer’s fat-finger…

    Regulators Ask Gallagher for More Information on $13.4B AssuredPartners Acquisition

    Arthur J. Gallagher & Co. reported that it has received a second request for information from federal officials relating to…

    Cyclone Alfred Weakens to Tropical Low, Sparing Any Major Damage

    Ex-Tropical Cyclone Alfred weakened to a tropical low and was still lingering off the coast of Brisbane on Saturday afternoon,…

    FEMA Cancels Classes at National Fire Academy Amid Federal Funding Cuts

    The country’s preeminent federal fire training academy canceled classes, effective immediately, on Saturday amid the ongoing flurry of funding freezes…

    As Some States Welcome More Captives, Alabama DOI Declares Moratorium on Them

    Just as several other U.S. states are bragging about the growing number of captive insurers domiciled there – and are…

    Virginia’s Top Court Rejects Amazon’s ‘Zig-Zag’ in Upholding Flex Drivers as Employees

    The Virginia Supreme Court has upheld a ruling that Amazon Flex drivers are employees and not independent contractors while criticizing…

    Cascading Extreme Weather Events Unleash Billions in Damages Globally

    First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South…

    Washington Timber Company Fined $114K for Child Labor Violations

    A Washington timber company was fined $114,300 for reportedly violating state and federal child labor regulations. The violations involve a…

    Honolulu Allowing Some Developers to OK Their Own Projects

    More than a year after the Honolulu City Council created a program to reduce the city’s backlog of building permit…

    How Much Do Independent Insurance Agents Make?

    This post is part of a series sponsored by Darkhorse Insurance. Before venturing into independent insurance sales, it’s crucial to…

    Preventing Workplace Violence Is Not a One-Size-Fits-All Exercise: Risk Management Experts

    By L.S. Howard Businesses are now required to implement robust workplace violence prevention plans in Californiaounder a new law that…

    A Look at Rate Trends

    Premium renewal rates were up again in fourth-quarter 2024 but continue to trend lower for most commercial lines products. Premiums…

    I Don’t Need No Stinkin’ Insurance Agent

    This is obviously a warped paraphrase of the famous line from ìThe Treasure of the Sierra Madre,î ìBadges! I donit…

    FEMA to Borrow $2 Billion to Pay Flood Claims After Hurricanes Helene and Milton

    By Chad Hemenway The Federal Emergency Management Agency said in February that it needs to borrow $2 billion from the…

    Small, Medium-Sized Firms Lacking in ëContinuityi Planning: Survey

    Mid- and small-market businesses (SMBs) face a lot of the same big-picture challenges, but how they prioritize risk, spending, and…

    Court Rules Against Michigan Gardener Whose Organic Lawn Was Destroyed

    A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover…

    Ex-Ohio Police Officer Sentenced for Starting Arson Fires

    A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison…

    AM Best Revises Outlook to Negative for Michigan’s Hastings

    AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed…

    New York Fines Three Dozen Auto Insurers $20M for Slow Reporting on Policies. Insurers Say There’s More to the Story

    The New York State Department of Financial Services in February issued more than $20 million in fines against three dozen…

    Maryland Report Says Many Workers Misclassified, Costing $59M in Workers’ Comp Premiums

    Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than…

    Long Island Brush Fires Prompt Emergency Declaration

    March 8— Multiple brush fires burned in Long Island State Pine Barrens Reserve, a wooded area near bedroom communities outside…

    25 Pacific Palisades Fire Victims Sue LA and Water & Power

    Twenty-five victims of the Palisades Fire victims filed an inverse condemnation lawsuit in the Los Angeles Superior Court against the…

    Minnesota Bill Aims to Combat Sexually Explicit, AI-Generated Deepfakes

    Molly Kelley was stunned to discover in June that someone she knew had used widely available “nudification” technology to create…

    UK Court Blocks Class Action Lawsuit Against Water Companies Over Sewage Leaks

    A UK court blocked a class action lawsuit over allegations of the under reporting of sewage leaks by six water…

    Canada Court Approves $23 Billion Settlement to End Big Tobacco Lawsuits

    A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units…

    Alactrity Solutions Acquires InspectionConnection

    Alacrity Solutions Group announced the acquisition of InspectionConnection from Latitude Subrogation Services, LLC. The transaction marks Alacrity’s 16th acquisition since…

    Labor Department Investigating Nvidia, Amazon-Backed Startup Scale AI

    The U.S. Department of Labor is investigating Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon and…

    FTP, INC. Announces Strategic Acquisition of Coastal Flood Underwriters

    Old Bridge, NJ March 07, 2025 – FTP, INC. announced today its acquisition of Coastal Flood Underwriters, LLC, a premier…

    iHeartMedia Reveals No Payments Made to Drake in ‘Not Like Us’ Settlement

    Texas-based iHeartMedia said it settled its legal dispute with Drake over Kendrick Lamar’s dis track “Not Like Us” after demonstrating…

    Liberty Mutual Owes $4M Refund After Overcharging Louisiana Citizens Assessments

    Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Property Insurance Corporation Emergency Assessment…

    Prosecutors Say Taylor Swift Tickets Were Sold Then Resold in Cyber Scam

    A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on…

    SEC’s Uyeda Expects Slowdown in Rulemaking After ‘Ambitious’ Biden Era

    The interim chief of the US Securities and Exchange Commission says he expects a slowdown in the Wall Street regulator’s…

    Report Cites Increase in Worker Fatalities Across New York

    New York State experienced 74 worker deaths in 2023, a 48% increase over 2022’s 50 deaths, according to an annual…

    Trucker in Crash That Killed 7 Farmworkers in Oregon Sentenced to 48 Years

    A truck driver who killed seven farmworkers when he crashed into a parked van on Interstate 5 in Oregon was…

    SC House Approves Liquor Liability Bill But Broader Tort Reform May Be Dead

    The South Carolina House of Representatives voted 109-0 Thursday in favor of a bill that would end joint-and-several liability for…

    Gallagher Re Launches Cyber Risk Adjusted Rating Index to Track Reinsurance Rates

    Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted…

    Zurich Insurance Expands Stake in Banco Sabadell Amid BBVA Deal Bid

    Zurich Insurance Group AG has amassed a substantial stake in Banco Sabadell SA, potentially giving it more influence over an…

    People Moves: Miller Taps SCOR’s Foucart as Managing Director in Reinsurance Practice; Acrisure Re Corporate Advisory & Solutions Appoints 4 Senior Hires

    This edition of International People Moves details appointments at the brokers Miller and Acrisure Re. A summary of these new…

    World Must Prepare to Fight Climate Change Without US, UK Says

    The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls…

    Cyclone Alfred’s Slow and Erratic Path Challenges Forecasters

    A cyclone threatening Australia’s southeast coast has taken a long and meandering path over the past week, challenging forecasters seeking…

    Landlord Who Ignored Safety Codes Convicted of Murder for Fatal Fire

    James G. Walker of Washington, D.C. was found guilty on two counts of second-degree murder, and 27 criminal building code…

    Retailers Publicly Scrap Some ‘DEI’ Initiatives While Quietly Supporting Others

    Several U.S. retailers that publicly scrapped diversity, equity and inclusion programs – including Target, Amazon and Tractor Supply – are…

    Experts Discuss Transportation Insurance Challenges, Opportunities With Captives

    Standard market woes, captive growth and the increased importance of navigating relationships with third-party administrators — insurance experts in the…

    People Moves: Courtney to Lead Nationwide’s Newest E&S Brokerage Property Unit

    Nationwide, headquartered in Columbus, Ohio, appointed Tonya Courtney to lead its new excess and surplus (E&S) brokerage property unit with…

    Alliant Names Norris, Vance to VP Roles in Southeast

    Alliant Insurance Services announced two additions to the team in the Southeast. Sadler Norris was named vice president in the…

    Maryland Wildfire Damage Less Extensive in 2024 Despite Severe Fall Fire Weather

    The number of wildfires in Maryland during 2024 was much higher than the ten-year average, but acreage burned was significantly…

    Report: More Insurers in California Paying Wildfire Victims Without Itemized List

    More insurers are paying contents coverage to California wildfire victims without requiring a detailed inventory, according to the California Department…

    Southern California Restaurant Fined $1.1M for Labor Violations

    A Southern California restaurant has been fined more than $1.1 million over wage theft and sick leave violations. The California…

    Contractor Fined $430K for California Labor Violations

    A construction company was fined more than $430,000 for California labor violations that resulted in unpaid wages, overtime and other…

    Supercharge Your Agency with EZLynx’s New AI Tools: Meet EVA

    This post is part of a series sponsored by EZLynx. As an independent agent, time is your most valuable resource,…

    Tariffs Will Negatively Affect Insurance Industry, Says AM Best

    Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with…

    AM Best Affirms Financial Strength Rating of Church Mutual

    AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent)…

    CoreLogic: Chicago Has Most Homes at Risk from Convective Storms

    Convective storms added to a year of extreme weather events that will put pressure on property insurance rates, particularly in…

    People Moves: NFP Names Nathan as SVP, Sales

    NFP, an Aon company and leading property and casualty (P&C) broker based in New York City, hired Priya Nathan as…

    Arkansas’ The River Company and Rogers Insurance Merge to Form ANKR

    Two Arkansas independent agencies — The River Company and Rogers Insurance — announced their merger today, creating ANKR, one of…

    Truck Trailer Manufacturer Earns TDI Lone Star Safety Award

    The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized Kalyn Siebert with the Lone Star Safety Award…

    Trump Administration Plans to Drop Lawsuit Against Louisiana Petrochemical Plant

    President Donald Trump’s administration plans to drop a federal lawsuit against a synthetic rubber manufacturer accused of worsening cancer risks…

    US Indicts Slew of Alleged Chinese Hackers, Sanctions Company Over Spy Campaign

    The U.S. on Wednesday announced indictments against a slew of alleged Chinese hackers, sanctioned a Chinese tech company and offered…

    Birth Injury Compensation Fund Executive Gets 9 Years for Embezzling $6.7 Million

    A Providence Forge, Virginia man has been sentenced to nine years in prison for embezzling funds from his former employer,…

    US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules

    As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties. The…

    People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

    This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of…

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