Tips & Guide

Oregon DOJ Clears Way for New Ag Worker Housing Safety Rules in Oregon

The Oregon Occupational Safety and Health Division acted within its legal authority when adopting enhanced safety and health regulations for…

Alabama Senate Advances New Regs on Pharmacy Benefit Managers

MONTGOMERY, Ala. (AP) — Two blocks from the Alabama Statehouse, a black wreath hung on the door of Adams Drugs…

Auto Insurer Root to Pay New York $975K Over Data Breach

New York Attorney General Letitia James has secured $975,000 in penalties from auto insurance company Root over a data breach…

23% of Home in New Mexico Uninsured, Report Shows

Ne Mexico has the highest rate of uninsured homes in a report that also shows nearly one-in-seven U.S. homes are…

Medicare Open Enrollment Season: Best Practices for Carriers, Agencies, and MGAs/MGUs

This post is part of a series sponsored by AgentSync. For carriers and agencies that sell Medicare Advantage, Supplement, or…

Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming

Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season—despite concerns about adverse reserve development—however,…

Heathrow Shutdown Raises Concerns Over Contingency Planning

The closure of Britain’s Heathrow Airport is set to affect the global aviation system for days at a cost of…

Tesla Cited by U.S. Regulators Over Texas Worker’s Death

Federal regulators have cited Tesla for violating workplace safety rules in connection with the electrocution of a worker last summer…

Technician Says Florida Thrill Ride Operator Ignored Safety Concerns Before Fatal Fall

ORLANDO, Fla. (AP) — A maintenance technician alleged on Wednesday that he raised safety issues with the operators of a…

US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA

The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income…

Social Inflation’s Impact on Insurance in 2025

This post is part of a series sponsored by IAT Insurance Group. Social inflation is not a new phenomenon, but…

CSB Releases Update Into Fatal Texas Hydrogen Sulfide Release

The U.S. Chemical Safety and Hazard Investigation Board (CSB) released a second update on its ongoing investigation into the fatal…

Wall Street Brokers Start Trading Insurer Claims From LA Fires

Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from…

ERGO Enters US Small Business Insurance Market With Full Buy of NEXT Insurance

Munich Re said it has acquired NEXT Insurance, which will become part of the reinsurer’s major primary business, ERGO. The…

Contractors Insurance Alert: Construction Defect Lawsuits Rising

A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could…

Third Time’s No Charm as Insurance Agent Is Charged Again

A grand jury for Baltimore County has handed down an indictment charging Michael C. Okolo, of Parkville, Maryland, with theft…

Hyundai, Kia’s Anti-Theft Measures Fuel Steep Dip in US Vehicle Thefts

Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai and Kia,…

Allianz, Jio Financial Said to Reach Initial Deal for India Joint Venture

Billionaire Mukesh Ambani’s Jio Financial Services Ltd., has reached a preliminary agreement with Allianz SE to form an insurance business…

The Doctors Co. to Take Med-Mal Insurer ProAssurance Private in $1.3B Acquisition

The Doctors Company, the Napa, California-based physician-owned medical malpractice insurer, announced it has entered an agreement to acquire ProAssurance Corp.…

Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment

Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving…

JD Power: Customers Not Happy With Carrier Property Claims Service

Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s…

Homeowners Have Post-Loss Responsibilities Too, Florida Appeals Court Says in HCI Win

Florida insurers, often on the receiving end of insureds’ complaints – in the courts and in the news media –…

People Moves: Alabama DOI Names Boswell Accounting Director

The Alabama Department of Insurance has named Nicole Boswell accounting director. Boswell, with the department since 2008, previously was accounting…

$25M for California Worker Safety, Including Support for LA Fire Recovery Workers

The California Department of Industrial Relations made available $25 million in funding for the California Workplace Outreach Project to support…

Survivor Advocates Criticize New York Top Court’s Dismissal of Sexual Abuse Lawsuit

A lawsuit against New York alleging sexual abuse decades ago was tossed out by the state’s top court Tuesday because…

Another Raw Pet Food Recall Is Tied to Illness And Death in Cats

A California pet food maker has recalled its raw chicken products after they were linked to bird flu infections in…

Spain Braces for More Downpours After Floods Kill Three People

Spain is bracing for another round of torrential rains after flooding prompted home evacuations, washed away cars and killed at…

Your Guide to Getting an Appointment with the Best Insurance Companies

This post is part of a series sponsored by Darkhorse Insurance. Getting appointed means that you can sell their insurance…

Finland Ranks World’s Happiest Again With US At Worst-Ever Level

Finland’s unbroken streak as the world’s happiest country continued for an eighth year while the US fell to 24th place,…

People Moves: Marsh Promotes Barnes as Global Head of Energy & Power, Herring as Team’s Chair

People Moves: Marsh Promotes Barnes as Global Head of Energy & Power, Herring as Team’s Chair Marsh, the insurance brokerage…

Detroit Area CBP Director Charged in FEMA Fraud Scheme

A federal criminal complaint was unsealed today charging the Director of United States Customs and Border Protection’s (CBP) Center for…

Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million

Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million)…

Pipeline Company’s Lawsuit Against Greenpeace Goes to a North Dakota Jury

Greenpeace used malicious and deceptive tactics to disrupt the controversial Dakota Access Pipeline and keep it from going forward, an…

CRC Group Acquires Texas’ Risk Transfer Partners

CRC Group, an independent wholesale specialty insurance distributor in North America, announced the acquisition of Risk Transfer Partners (RTP), a…

Texas Bills Seek to Improve State’s Response to Wildfires

A Texas lawmaker is laying the groundwork to create a statewide system that connects all first responders and government agencies…

Odey Banned From UK Finance Services Industry for ‘Lack of Integrity’

Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard”…

Fake WeWork Takeover Bid by Strip Mall Investor Gets Him Five Years in Prison

A former strip mall mogul was sentenced to five years in prison for orchestrating a fake WeWork Inc. takeover bid…

Risk & Insurance Education Alliance Launches New RiskPRO Certification Series

Austin TX., March 18, 2025 — The Risk & Insurance Education Alliance is proud to announce the launch of the…

Extreme Weather in 2024 Forced Biggest Displacement of People in 16 Years

Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated…

Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels

After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of…

After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits

Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia,…

People Moves: Coalition’s First CTO Virudhagiri Joins From Tesla

Coalition, the world’s first active insurance provider designed to prevent digital risk before it strikes, hired Maha Virudhagiri as the…

Navigation Parts Failure Blamed for United’s Boeing 787 Jolt That Injured 15 Passengers

Investigators found that two key navigation parts failed on a United Airlines flight from Lagos to Washington on January 24,…

Comulate Marks Fifty Top 100 Broker Partnerships with Launch of BALANCE Conference

SAN FRANCISCO, March 19, 2025 – Comulate’s leading accounting automation platform has reached an industry milestone in record time, now…

FDA Announces Plan to Strengthen Infant Formula Supply, Quality

U.S. health agencies announced on Tuesday a set of actions and initiatives to ensure the quality, safety, nutritional adequacy and…

New York Financial Services Regulator Launches New Platform, Boosts Staffing

The New York State Department of Financial Services (DFS) has launched the DFS Connect platform, a portal that will centralize…

Markets/Coverages: Marsh Expands Cyber Insurance Facility With $45M of Extra Capacity

Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Cyber Echo Encore, an enhancement to its existing…

Wikimedia Challenges India Content Takedown, Warns of Chilling Effect on Free Speech

The Wikimedia Foundation, which runs Wikipedia, has asked India’s Supreme Court to quash an order directing the online encyclopedia operator…

Sinistar Named to Guidewire Insurtech Vanguards Program

Montreal, QC & New York, NY, March 18, 2025 – Sinistar, a full-service insurance technology platform that connects insurers to…

‘Bleak’ Data: Insurance Carriers’ Entry Level Hiring Expectations Hit Low Point

Insurance carriers expecting to add staff in 2025 are largely looking for experienced professionals rather than filling entry level roles,…

Google to Pay $28M to Settle Claims it Favored White and Asian Employees

Google agreed to pay $28 million to settle a class action lawsuit claiming that it favored white and Asian employees…

California Insurance Wholesalers Launch Women and Insurtech Initiatives

The California Insurance Wholesalers Association launched two new initiatives: CIWA Women and an Insurtech Committee. CIWA Women is designed to…

People Moves: EPIC Names Allen Private Client Team Principal

EPIC Insurance Brokers & Consultants named Matt Allen principal of its private client team. Allen has more than 18 years…

Employee Whiffs on Workers Compensation Claim for TopGolf Injury

An employee who claims he injured his knee while swinging a club during an employer-sponsored TopGolf event has failed to…

Trump Administration Dismisses Democratic FTC Commissioners

The Trump administration dismissed two Democrats on the US Federal Trade Commission on Tuesday, in the latest example of the…

Tesla a Step Closer to Ride-Hailing With California Permit

Tesla Inc. was granted approval in California to begin carrying passengers in its vehicles as Elon Musk’s company takes steps…

Swiss Insurers Baloise, Helvetia Said to Explore Combination

Baloise Holding AG and Helvetia Holding AG have been exploring a possible combination that could create one of Switzerland’s largest…

Devastating Wildfires Destroy Hundreds of Homes Across Oklahoma and Texas

As Oklahomans assessed the devastation from wildfires that whipped across the state, damaging or destroying hundreds of homes, officials in…

US Releases $57M in Financing to Help Reopen Michigan Reactor

The U.S. Department of Energy said on Monday it has disbursed $57 million of an up to $1.52 billion loan…

People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia

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

Fourth Gang Member Sentenced for Thefts of Warhol, Pollock Art and Yogi Berra Rings

A Pennsylvania man who was part of a group that stole paintings by Andy Warhol and Jackson Pollock among other…

Teen’s Suicide Turns Mother Against Google, AI Chatbot Startup

Megan Garcia says her son would still be alive today if it weren’t for a chatbot urging the 14-year-old to…

Former Corrections Officer Going to Jail for Insurance Theft

A former state correctional officer from Baltimore has been sentenced in the Circuit Court for Baltimore County for felony theft…

People Moves: Great Bay Insurance Names New Presidents

The Great Bay Insurance Group, headquartered in West Atlantic City, New Jersey, named Timothy J. Byrne, Jr., president of the…

EEOC Targets 20 Big Law Firms With Demand for DEI Data

The head of the U.S. agency that enforces laws banning workplace discrimination on Monday warned 20 major law firms that…

Kentucky Bill to Trim State OSHA Agency Powers Now on the Governor’s Desk

The National Council for Occupational Safety and Health, a non-profit advocacy group, is sounding the alarm about a Kentucky bill…

Vortex Hurricane Insurance Now Available in Hawaii

Parametric hurricane coverage provider Vortex Weather has expanded its supplemental hurricane insurance solutions to Hawaii. Vortex’s parametric hurricane coverage provides…

Markets/Coverages: Rokstone Secures Property D&F Binder With Somers Syndicates

Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced it is expanding its property direct…

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM…

Death Toll Rises From Tornadoes, Wildfires and Storms in Multiple States

Unusually vicious and damaging weather across multiple U.S. states spawned violent tornadoes, blinding dust storms and fast-moving wildfires over the…

Australian Pension Fund Fined A$10.5 Million for Greenwashing

Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its…

Small Plastic Pellets Wash Up on UK Shores After Ship Explosions

Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the…

Allianz to Sell India JV Stake to Local Partner for €2.6 Billion

Allianz SE has agreed to sell its 26% stake in Indian joint ventures for about €2.6 billion ($2.8 billion) to…

Critics Warn Staff Cuts at Agencies Overseeing Dams Could Risk Public Safety

Trump administration workforce cuts at federal agencies overseeing U.S. dams are threatening their ability to provide reliable electricity, supply farmers…

Companies Tell Investors DOGE Cuts Will Ultimately Pay Off

US executives are trying to soothe concerns that the Department of Government Efficiency’s contract-slashing spree might hurt profits, saying a…

Trump Has Companies in Europe and Asia Walking a DEI Tightrope

Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and…

Bill Would Move Storm Modeling, Research From FIU to FSU Insurance Supercenter

Florida International University has long been known as a hurricane research center. Think: the famous Wall of Wind, the giant…

Close Calls at National Airport Raised Questions. Why Were No Changes Made?

When Congress pushed ahead last year with adding 10 new daily flights to Washington D.C.’s Reagan National Airport, the Federal…

Not Only the Fires Are Wild: California and the P&C Market Outlook

This post is part of a series sponsored by AgentSync. After years of watching insurance carriers exit the California property…

Trump’s Science Cuts Have Thrown the Research World Into Chaos

Harvard University is imposing a temporary freeze on hiring faculty. Columbia University is grappling with cuts to $400 million in…

Aircraft Caught Fire After Landing in Denver, Sending Passengers onto Wing

A fire on an American Airlines plane after it diverted mid-flight and landed at Denver International Airport sent passengers fleeing…

Abbott, Reckitt Face New Trial Over Premature Infant Formula

A Missouri judge has ordered Abbott Laboratories and Reckitt Benckiser unit Mead Johnson to face a new trial over allegations…

Chairman of Gallagher Re International Vickers Announces Retirement

James Vickers, the chairman of Gallagher Re International, announced he is retiring on May 31, 2025, after 47 years in…

Public Transit Agency Held Liable for Assault by Bus Driver With Anger History

The Boston area’s public transportation agency is not immune from liability for injuries caused by an assault on a customer…

Man Charged With Intoxication Manslaughter in Texas Crash That Killed 5 People

A man was charged Friday with intoxication manslaughter after five people were killed and several injured in a late-night wreck…

California Man Wins $50M in Lawsuit Over Burns From Starbucks Tea

A delivery driver has won $50 million in a lawsuit after being seriously burned when a Starbucks drink spilled in…

Texas Regulator Reports Recovering $58M in 2024 Restitutions

The Texas Department of Insurance’s Fraud Unit contributed to investigations landing nearly $58 million in court-ordered restitution last year. According…

Aon’s President Andersen Steps Down; CEO Case Assumes Additional Role of President

Insurance broker Aon plc announced that Eric Andersen has transitioned from his role as president to serve as a senior…

Florida Report on MGAs Fell Through the Cracks, Commissioners Say

A draft report examining Florida insurers’ relationships with their managing general agents fell through the cracks and was never finished,…

Newsmax Paid $40M to Settle Defamation Suit Over 2020 Election Claims

Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the…

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…

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…