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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.

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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,…

    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…

    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,…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    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…

    Florida Store Owner Who Faked Death for Insurance Gets Sentenced Commuted

    Floridians may remember the strange case of Jacksonville businessman Jose Lantigua, who faked his own death in 2013 in an…

    Robinhood to Pay $45 Million to Settle SEC Charges

    Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over…

    Polo Insurance Managers Launches Clockwork Re

    Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re…

    Texas Lawmaker Sees California Fire Aid Tied to Conditions

    As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying…

    New Orleans Officials Confident in Security Plans Ahead of Super Bowl

    New Orleans officials projected confidence in their security plans as the city prepares to host the Super Bowl and Mardi…

    South Carolina Extends Use of Emergency Adjusters After Helene

    Property and auto insurers in South Carolina can keep non-resident adjusters on the job for at least another 90 days,…

    FTC Says CVS, Cigna and UnitedHealth Abuse Middleman Role

    Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost…

    Iowa Insurance Division Joins $17M Settlement With Edward Jones

    The Iowa Insurance Division, a member of the North American Securities Administrators Association (NASAA), announced last week it has joined…

    DARAG Acquires Run-Off Portfolio From wefox Insurance AG

    DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled…

    Minneapolis to Overhaul Police Training After George Floyd’s Murder

    The Minneapolis City Council this month approved an agreement with the federal government to overhaul the city’s police training and…

    Regulatory Roundup: Operation Bear Claw, Rampant Deer, and Key Holiday Coverage

    This post is part of a series sponsored by AgentSync. State-by-state variations of laws, compliance protocols, industry transparency, and general…

    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…

    Dermatologicals Now the Costliest Drug Group in California Workers Comp

    Dermatologicals, which include a number of high-priced, private label drugs, account for the biggest share of the total drug spend…

    Construction Firm Owner Sentenced for Tax, Mail and Workers Compensation Fraud

    A Hopkinton man was sentenced on Jan. 10, 2025 in federal court in Boston for defrauding the Internal Revenue Service…

    Insurance Journal’s ‘Agents of the Year’ Nomination Deadline Soon.

    Are you a top agent/producer? Do you know someone at your agency who is? Insurance Journal is searching for the…

    New Auto Liability Minimums Take Effect in North Carolina

    This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the…

    Biden Signs Executive Order to Ensure Power for AI Data Centers

    President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing…

    FTC Prepares Lawsuit Over Deere Equipment Repair Practices

    The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment…

    War Anxiety Grips Davos Experts With Ukraine Peace Still Elusive

    War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US…

    Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz

    Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk…

    Colonial Shuts Largest US Gasoline Pipe to Investigate Leak

    Colonial Pipeline Co. shut the largest US fuel pipeline Tuesday to investigate a potential leak in Georgia. The company’s Line…

    With Uber Boost, Group Seeks Reforms to Lower New York’s High Insurance Costs

    Remember the 2010 The Rent Is Too Damn High campaign by Jimmy McMillan? Some people in New York now think…

    SEC Sues Elon Musk Over Late Disclosure of Twitter Stake

    Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of…

    Vermont Added 41 Captives in 2024

    Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was…

    Amazon Is Halting Some of Its Diversity and Inclusion Programs

    Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US…

    Chicago Construction Billionaire Deepens Bet on Data Centers

    Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in…

    People Moves: MEMIC Promotes McCracken; NFP Appoints Kim; Harford Mutual Changes Leadership

    MEMIC Promotes McCracken to VP of Business Intelligence and Analysis The MEMIC Group, headquartered in Portland, Maine, promoted Kaila McCracken…

    Dozens of Vehicles Broken Into During Michigan Basketball Game

    More than two dozen vehicles in a high school parking lot had their windows smashed and were broken into during…

    WalkerHughes Acquires Missouri’s IBA

    WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage business headquartered in Indianapolis, Indiana, has acquired Independent Brokers Agency LLC,…

    ‘Epidemic’ of Hidden Cams? SC Workers’ Comp Lawyer Sued After Arrest for Videos

    Two months after his law license was suspended and he was charged with illicitly filming renters at his beach property,…

    Los Angeles Is on Edge as Strong Winds Keep Fire Danger Elevated

    Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California, creating the risk of more…

    Georgia Lawmakers to Take up School Safety, Hurricane Relief as Session Starts

    ATLANTA (AP) — Georgia Gov. Brian Kemp on Monday proposed giving public schools a one-time additional $50 million to spend…

    Fiesta Auto Insurance Expands in Texas With Katy Location

    Fiesta Auto Insurance and Tax Services announced the signing of new a deal to open its latest location in Katy,…

    Texas Drywall Company Owner Faces Workers Comp Fraud Charges

    The owner of a Texas drywall company is set to appear in Travis County District Court on February 12 to…

    NHS Cyberattack in UK Inflicted Long-Term Harm on Patient Health

    A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients, leading to…

    Pilot Confusion, Congestion Detailed in Fatal Japan Crash Report

    A report detailing distracted pilots, airport congestion and shortcomings in safety protocols shines new light into the lead up to…

    Legacy Specialist Enstar Agrees $196M Loss Portfolio Transfer With Atrium Syndicate

    Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced its Lloyd’s syndicate has agreed a ground-up loss portfolio transfer (LPT)…

    People Moves: Lockton Re’s International P&C Division Names Moruzzi, Cope as Senior Brokers; Westfield Specialty Appoints Nugent, Beltran for Professional Indemnity Team

    This edition of International People Moves details appointments at Lockton Re and Westfield Specialty International. A summary of these new…

    California Expands Moratorium on Homeowners Insurance Cancellations and Non-Renewals

    California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already…

    15 Tips on Naming an Insurance Agency

    This post is part of a series sponsored by Darkhorse Insurance. Starting a new insurance agency is a thrilling venture,…

    Trucordia Acquires Insurance Business of Boulder Insurance in Colorado

    Trucordia acquired the insurance business of Boulder Insurance Solutions in Colorado. Boulder Insurance Solutions is full-service brokerage in serving small-…

    OSHA Wants Soap Maker to Clean Up Its Act in Response to Chemical Release

    A Chambersburg, Pennsylvania soap and detergent manufacturer faces $161,310 in federal penalties after an Occupational Safety and Health Administration (OSHA)…

    Kuderer Sworn in as Washington Insurance Commissioner

    Patty Kuderer was sworn in as Washington’s ninth insurance commissioner on Wednesday. She is one of only 11 elected insurance…

    New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed

    A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the…

    Florida Appeals Court Upsets Applecart on Workers’ Comp Statute of Limitations

    A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise…

    Generali Near Deal With Natixis for Asset Management Venture

    Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut…

    Economists Say Los Angeles Fire to Have Limited National Economic Impact

    Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the…

    People Moves: NAMIC Promotes Cotto to Counsel of Federal and Political Affairs

    The National Association of Mutual Insurance Companies (NAMIC) promoted Tony Cotto to assistant vice president and counsel for federal and…

    An Increase in Identity Theft, Cybercrime Predicted in 2025

    The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC).…

    Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans

    The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s…

    Family Seeks Record $2.6 Billion After Fatal Helicopter Crash

    The family of former Leicester soccer club owner Vichai Srivaddhanaprabha has filed the largest fatal accident claim in English history…

    Extreme Ocean Heat Breaks Records in 2024, Creating 2 Mysteries to Solve

    This past year, 2024, was the warmest ever measured for the global ocean, following a record-breaking 2023. In fact, every…

    Lloyd’s Syndicate AEGIS London Launches Portfolio Solutions Division

    Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting…

    People Moves: Lloyd’s Names AIG Veteran Baugh as Council Member; White Bear Managers Taps Former Castel Bloodstock Underwriters Woodward and Long

    This edition of International People Moves details appointments at Lloyd’s and White Bear Group. Details of these new hires follows…

    Bayer Faces Billions in Payouts for Decades-Old Toxic Mess

    Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many…

    Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss Estimates

    Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion…

    Maine Town Plan to Remove Two Dams Includes Marina Insurance Measure

    The Yarmouth town council voted unanimously this month to remove two town-owned dams on the Royal River and consider fish…

    Family of Alabama Man Killed by Police Will Get $750,000 Settlement

    MONTGOMERY, Ala. (AP) — An Alabama city will pay $750,000 to settle a federal civil rights lawsuit against a police…

    Fire-Ravaged LA to See Respite But Danger ‘Not Yet Passed’

    The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end —…

    New West Virginia Governor Axes DEI and Enacts Vaccine Exemptions on Day One

    CHARLESTON, W.Va. (AP) — Republican Gov. Patrick Morrisey issued a slew of aggressive executive orders on his first full day…

    Jack Daniel’s Parent Firm to Cut Workforce, Close Barrel Plant in Kentucky

    LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about 12% and closing…

    DOJ Reports $2.9B Recovered in False Claims Act Litigation

    Litigation under the False Claims Act generated more than $2.9 billion in settlement and judgments the last fiscal year, according…

    A Los Angeles Actuary on Lessons From the Palisades Fire

    I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as…

    Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?

    There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash…

    White House Aims to Bolster Cybersecurity With Last-Minute Order

    President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and…

    NC Court Says Mother Can Sue Trooper After Student Killed in Ride-Along

    RALEIGH, N.C. (AP) — The mother of a North Carolina university student killed while on a ride-along in a Highway…

    Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger

    California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms.…

    P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman

    The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to…

    General Motors Settles With FTC Over Sharing Driver Data

    The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by…

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