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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.

    Rare Bipartisan Push for Ban on Machine Gun Conversion in Alabama

    MONTGOMERY, Ala. (AP) — A bipartisan coalition of mayors, lawmakers and law enforcement in Alabama endorsed a public safety package…

    Bird Flu Signs Found in Three Veterinarians Suggest Wider US Spread

    Signs of recent bird flu infection were found in three US veterinarians, two of whom had no known prior exposure,…

    Virginia Attorney General’s Office Hit by Cyber Attack

    Virginia State Police and the Federal Bureau of Investigation (FBI) are investigating a “sophisticated cyberattack” that struck the Richmond offices…

    New York’s Top Court Weighs Child Victim Act Lawsuit Standards

    Lawyers sparred before New York’s top court Wednesday over how specific a man alleging sexual abuse decades ago needs to…

    Powerful Tropical Cyclone Zelia Hits Australia’s Iron Ore Hub

    Tropical Cyclone Zelia made landfall on Australia’s west coast on Friday, the weather bureau said, lashing the world’s largest iron…

    Sompo Holdings Restructures Business Into 2 Global Segments

    Sompo Holdings Inc., the Tokyo-based insurance holding company, announced it is restructuring its business into two global segments: Sompo Property…

    Coca-Cola, PepsiCo Planning to Comply With Trump’s DEI Policy

    Coca-Cola Co. and PepsiCo Inc., both government contractors, are preparing to comply with President Donald Trump’s executive order banning diversity,…

    Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984

    Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984,…

    Markets/Coverages: Mosaic Launches Combined General, Environmental Liability Cover

    Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution…

    Which Companies Are Pulling Back on Diversity Initiatives?

    A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much…

    Mexico’s Sheinbaum Threatens to Sue Google Over ‘Gulf of America’ Maps Change

    Mexico President Claudia Sheinbaum threatened a civil lawsuit against Google for renaming the Gulf of Mexico to Gulf of America…

    Trump Hostility to US Offshore Wind Reverberates Through Supply Chain

    Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as the projects…

    Alliant Names Foley VP in Benefits, Based in Tennessee

    Alliant Insurance Services, one of the largest U.S. insurance brokers and distributors, has named Connor Foley vice president in its…

    Florida-Based The Liberty Company Keeps Growing, Now With $100M Credit Offering

    Gainesville, Florida-based The Liberty Company Insurance Brokers, calling itself one of the fastest-growing privately held brokerages in the country, is…

    Viewpoint: The Recipe for Building a Successful MGA

    The managing general agency model is attracting a number of ambitious underwriters keen to step away from established insurers to…

    Baltimore Sues Glock Over Handguns Easily Converted to Automatic Weapons

    Baltimore is suing gunmaker Glock over design features that allow its handguns to be easily modified to become fully automatic…

    People Moves: Moore Joins Woodruff Sawyer as VP, Producer

    Julia Moore joined Woodruff Sawyer as a vice president, producer. Moore, who is based in Sacramento, focuses on identifying business…

    Connecticut’s Captive Insurance Industry Keeps Growing

    Connecticut continues to grow its captive insurance industry, adding nine new captive insurers in 2024 for a 17% increase over…

    Insurers Escape Coverage for Parents Accused of Hiding Son’s Murder Weapon

    A Pennsylvania husband and wife are not covered by their homeowners or personal umbrella insurance policies for claims they inflicted…

    Andover Companies Among Investors in Reinsurance Startup Mereo

    The Andover Companies, a long-standing mutual insurance group in the Northeast, is among the investors in Mereo Insurance, a Bermuda-based…

    Insurers Have Now Paid out $6.9B for LA Wildfires, Report Shows

    Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los…

    Southern California Edison Gear Ignited More Fires in 2024 Than Previous Year

    Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that…

    Oklahoma Selected as Host for 2029 NAIC Spring National Meeting

    The National Association of Insurance Commissioners has selected Oklahoma City as the host location for their 2029 Spring National Meeting,…

    Fire Erupts Near El Paso Airport, Injuring Five

    A fire broke out at a transportation center next to the international airport in El Paso, Texas, on Tuesday, injuring…

    Statewide Computer Outage Disrupts Nebraska Government Operations

    A systemwide outage of Nebraska goverment computers shut down everything from the work of the Legislature to driver’s licensing offices…

    People Moves: BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C; MGA DUAL UK Makes 3 Senior Appointments in Underwriting and Distribution

    This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A…

    Over 800 File Complaints of Sexual Abuse in Illinois Youth Facilities

    Marcus Walker said the sexual abuse he experienced two decades ago as a teenager at an Illinois youth detention facility…

    Judge Rules Boston Waited Too Long to Sue Drug Intermediaries Over Opioid Crisis

    A federal judge has dismissed the city of Boston’s lawsuit seeking to hold pharmacy benefit managers liable for the opioid…

    Financial Firms Hated US Consumer Watchdog, but Rapid Unraveling Creates Limbo

    At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration’s decision to abruptly stop…

    Mercury Expects to Lose $1.6B to $2B From LA Wildfires

    Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation…

    AIG’s Zaffino Talks More on Insurer-Reinsurer Split as $200B Cat Year May Loom

    American International Group CEO Peter Zaffino used the insurer’s fourth quarter earnings call to again talk about reinsurance attachments points,…

    NC Industrial Commission Grants Benefits to Widow of Officer Killed in Mass Shooting

    The family of a Raleigh police officer will receive workers’ compensation survivor benefits, even though the man was not officially…

    Insurance Services of New England Adds 8 Connecticut Agencies

    Regional independent agency network Insurance Services of New England (ISNE) reported it has expanded into Connecticut with eight additional agencies.…

    Ford’s CEO to Warn Lawmakers of ‘Devastating’ Tariff Impact

    Ford Motor Co. Chief Executive Officer Jim Farley will travel to Washington on Wednesday to warn members of Congress that…

    EU to Propose New 2040 Climate Target for Emissions by End-March

    The European Commission will propose a new climate target this quarter, to slash Europe’s emissions by 2040, it said on…

    Australia’s Iron Ore Hub Faces Strongest Cyclone Since 2007

    Australia’s iron ore hub is bracing for the strongest cyclone to hit the region since at least 2007, threatening port…

    New Rules Eyed for Battery Rechargers on Planes After Korean Jet Fire

    Air travelers in South Korea may be asked to seal up the ports on their handheld battery rechargers or put…

    DeepSeek May Face Further Regulatory Actions, EU Privacy Watchdog Says

    DeepSeek may face more actions from national regulators in the future, Europe’s privacy watchdog said on Tuesday [Feb. 11], underscoring…

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

    The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from…

    India Is Building a Sanctions-Proof Supply Chain for Russian Oil

    Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and…

    These Roads Aren’t Built for Wilder Weather Driven by Climate Change

    California’s Highway One, stretching more than 650 miles along the Pacific Coast, is one of America’s most popular roadways because…

    Viewpoint: New Year, Old Challenges for European Insurers

    The European insurance sector saw high levels of claims inflation in 2024. In motor-related material damage in particular, claims inflation…

    Bayer Broadens Effort to Shield Itself From Claims Weedkiller Caused Cancer

    A renewed and expanded effort from chemical giant Bayer to shield itself from lawsuits that claim its popular weedkiller Roundup…

    Stretch of NC Interstate that Collapsed in Helene to Reopen by March 1

    WAYNESVILLE, N.C. (AP) — A section of Interstate 40 in western North Carolina that collapsed during Hurricane Helene’s historic flooding…

    Mississippi Senate’s University DEI Ban Goes to Negotiations With House

    The Mississippi Senate passed a bill Thursday that would eliminate diversity, equity and inclusion programs from the state’s universities, a…

    Trenton Diocese Sues Four Insurers Over Coverage for Child Victim Claims

    The Catholic Diocese of Trenton, New Jersey has sued its liability insurers over their alleged “failure and refusal” to agree…

    Making the Shift in 2025: How to Become an Independent Insurance Agent

    This post is part of a series sponsored by Darkhorse Insurance. The insurance industry is evolving rapidly in 2025, making…

    Management Liability Insights for 2025: The changing landscape of employment claims

    This post is part of a series sponsored by IAT Insurance Group. The post-pandemic workplace has brought significant changes to…

    AI-Driven BPO: The Future of Insurance Operations

    This post is part of a series sponsored by Selectsys. The insurance industry is undergoing a profound shift, and AI-assisted…

    Measles Outbreak Reported in Small West Texas County

    Fifteen measles cases — mostly in school-aged children — have been confirmed in a small county in West Texas with…

    People Moves: AIG’s Furth Heads to Hiscox to Head US Claims; Hamlin to Lead TMHCC US Hospital Pro Liability; Amwins Names Healthcare Practice Leader

    Hiscox, headquartered in Atlanta, appointed Alexandra Furth as head of claims in the U.S., effective March 10. Furth has over…

    NYSE Plans Texas Exchange as Financial Firms Flock to State

    The New York Stock Exchange plans to start an equities exchange in Texas, the latest firm seeking a slice of…

    Starbucks Sued by Missouri Over DEI, Race and Gender Bias

    Starbucks SBUX.O was sued on Tuesday by the U.S. state of Missouri, which accused the coffee chain of using a…

    Judge Tosses Opera Singer’s Lawsuit Against the University of Michigan Over Firing

    A judge dismissed a lawsuit Monday by an acclaimed opera singer who sued the University of Michigan over his firing…

    Deloitte Pays Rhode Island $5 Million to Aid Recovery From Ransomware Attack

    The consulting firm Deloitte that built and manages Rhode Island’s popular RIBridges portal has paid the state $5 million to…

    Philadelphia Man Pleads Guilty to Stealing Dead Person’s ID, Insurance Fraud

    A Philadelphia County man has pleaded guilty to felony charges for stealing a deceased classmate’s identity and fraudulently using it…

    Viewpoint: Illegal vs Legal DEI

    Navigating DEI Legally: Emphasizing Equity Without Legal Pitfalls The debate over what constitutes “illegal DEI” has intensified following recent US…

    Thomson Reuters Wins AI Copyright ‘Fair Use’ Ruling

    A federal judge in Delaware on Tuesday said that a former competitor of Thomson Reuters was not permitted by U.S.…

    Insured Losses From Calgary Hailstorm Reach C$3.25B as 2nd Costliest Canada Disaster

    The tally for Calgary’s record-breaking hailstorm last August continues to rise, with total insured losses now estimated to be C$3.25…

    Edison Utility Faces Shareholder Lawsuit Over LA Wildfires

    The parent company of Southern California Edison has been sued for allegedly defrauding shareholders before the recent Los Angeles-area wildfires…

    EU Weighs Easing Corporate Liability Under Toughest ESG Law

    The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches…

    Drought Leaves Canadian Farmers Unpaid, Reveals Holes in Safety Net

    Canadian farmer Bill Prybylski planned to buy a new tractor with proceeds from crops sold to two grain companies in…

    Cyclone Zelia Strengthens Off Australia’s Major Iron Ore Hub

    Tropical Cyclone Zelia has strengthened off Western Australia and is expected to cross the coast on Friday near the nation’s…

    Taiwan Environment Minister Eyes Insurance Funds to Help With Green Transition

    Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy…

    UniCredit Raises Generali Stake as CEO Orcel Seeks Deals Influence

    UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel more influence in…

    US SEC Will Not Defend Climate Rule in Court

    The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial…

    Cash-Flush Florida Seeks to Retire $1.7 Billion of Debt and Prepare for Storms

    Municipal bonds sold by the state of Florida are poised to become much scarcer. That’s because Governor Ron DeSantis plans…

    Case to Clarify Economic Loss Rule Settles Days Before Fla. Supreme Court Arguments

    A potentially landmark ruling from the Florida Supreme Court, which liability insurers had hoped would greatly expand how much they…

    North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy

    A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out…

    Whitewater Rafting Businesses Face Uncertain Future After Hurricane Helene

    ERWIN, Tenn. (AP) — After 24 years of guiding whitewater trips on the Nolichucky River Gorge for other companies, Patrick…

    Hawaiian Electric Welcomes Top Court’s Ruling on $4B Wildfire Settlement

    Utility company Hawaiian Electric on Tuesday welcomed the Hawaii Supreme Court’s decision towards finalizing the more than $4 billion settlement…

    WDIS Launches Wildfire Only Coverage for E&S Commercial Property in California

    Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available…

    People Moves: PADIC Elects Basi President; ICW Names Moitoso President; CAC Specialty Appoints Leaders for Private Equity Practice

    PADIC Elects Basi President The Pacific Association of Domestic Insurance Companies, headquartered in Auburn, California, elected Anisha Basi, general counsel…

    AIG Q4 General Insurance Underwriting Income Down 29% on Catastrophes

    American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but…

    Insurance Commissioner OKs FAIR Plan Request for $1B Assessment for LA Wildfires

    California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers…

    Alera Group Acquires Kaplansky Insurance Agency in Massachusetts

    Needham, Massachusetts-based Kaplansky Insurance Agency has been acquired by the national financial services firm Alera Group. This new partnership brings…

    Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part I

    This post is part of a series sponsored by Old Republic Surety. Many commercial contractors have experienced the stress caused…

    Michigan DIFS Advocates for Careers in the Insurance Industry as Part of Careers Month

    The Michigan Department of Insurance and Financial Services (DIFS) is highlighting in-demand jobs available to Michiganders in the insurance field…

    Delay in Federal Permits Hinders Texas Oil Companies’ Carbon Capture Projects

    Texas oil companies and regulators have waited years for federal permits that would allow those companies to suck carbon dioxide…

    People Moves: CoVerica Names Holland as President & CEO, Expands with BenefitHelp Acquisition

    CoVerica, headquartered in Dallas, appointed Mark Holland as president and CEO. Holland has over three decades of experience in the…

    First MainStreet Adds 4 Partner Agencies

    First MainStreet Insurance L.C. has announced addition of four new partner agencies. Borchardt Agency joined the platform on January 1st.…

    People Moves: Marsh Names Former AXA XL Exec as UK Chair; Rokstone Taps Howden’s Winsley as Capacity Mgr. and Broker Relationship Dir.

    This edition of International People Moves details appointments at the broker Marsh and the managing general agency Rokstone. A summary…

    New Dates, Same City: The New Importance of INTRConnect 2025 in March

    This post is part of a series sponsored by CoreLogic. The Los Angeles wildfires are now fully contained after weeks…

    Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires

    Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers…

    Pen Underwriting Simplifies Divisional Structure in UK & Ireland, With Breslin at Helm

    Pen Underwriting, the London-based managing general agent, announced a simplified divisional structure to bring together core commercial underwriting capabilities and…

    Trump’s Cost-Cutters Look to Curb Deloitte, Other FEMA Contracts

    Federal cost-cutting initiatives pushed by President Donald Trump have turned their focus to the Federal Emergency Management Agency, where spending…

    Insurers Pay Record Claims for Weather-Related Damage in UK: ABI

    Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in…

    Second Sinkhole Closes Lanes on New Jersey Highway

    A section of a major New Jersey highway has been closed due to a sinkhole for the second time in…

    Fed’s Powell: Strong Economy Means No Hurry to Cut Rates

    The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is…

    Israel Financial System Resilient Despite Wars, Central Bank Says

    Israel’s financial system shows “high resilience” despite the country’s military conflicts and ongoing geopolitical uncertainty that have persisted for more…

    Bill Aims to Drive Down New York City Taxi Drivers’ Insurance Costs. But Will It?

    The New York City Council’s transportation committee heard testimony Monday on a proposal to lower the Personal Injury Protection (PIP)…

    Russia Emergency Services Work to Prevent Pacific Oil Spill

    An emergency response team in Russia’s Pacific port of Nevelsk is preparing to pump out fuel from a Chinese bulk…

    It’s ‘Virtually Certain’ the World Has Already Breached 1.5C Warming Limit

    The world may have already missed its chance to limit global warming to 1.5C, according to two new studies in…

    Ex-AIG Chief Duperreault Secures $700M for Mereo Reinsurance Startup

    Mereo Advisors, a Bermuda-based firm chaired by former American International Group Inc. Chief Executive Officer Brian Duperreault, has secured more…

    Booz Allen Scraps DEI Programs in Reaction to Trump Orders

    Booz Allen Hamilton Holding Corp., a US government defense contractor, is ending its diversity, equity and inclusion programs, citing President…

    UBS Whistleblower Verdict Thrown Out Despite Supreme Court Win

    A former UBS bond strategist who persuaded the U.S. Supreme Court to make it easier for corporate whistleblowers to win…

    Florida CFO Appoints Former Lawmaker, Car Dealer Attorney to Citizens’ Board

    Florida’s chief financial officer has named a Pensacola lawyer and businessman to the Citizens Property Insurance Corp. Board of Governors.…

    Battery Firm Pulls Plug on $2.6 Billion Plant in Georgia

    ATLANTA (AP) — A clean energy company is abandoning a plan to build a giant electric battery factory in Atlanta’s…

    Smart Choice Agency Network Reports Record Growth in 2024

    Smart Choice, a North Carolina-based firm that works with independent agencies, reported record growth, with more than 1,450 agencies joining…

    What’s Tying Up $4B Settlement for Hawaii Wildfire Victims

    Hawaii’s Supreme Court heard arguments last week over insurance issues that are tying up a potential $4 billion settlement over…

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