Tips & Guide

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

Engineers Assessing Risk After Condo in Charleston, SC, Ordered Evacuated

Multiple condominium buildings in Florida have been evacuated since the deadly 2021 collapse in Surfside. Now, residents of a Charleston,…

Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund

RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A…

Georgia Lawmakers Push to Ban Automated Speeding-Ticket Cameras

(AP) — Outside Beacon Hill Middle School in the Atlanta suburb of Decatur, like along hundreds of roadsides across Georgia,…

Liberty Mutual Q4 Income Up Nearly 90%, Year Earnings Climb

Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion – a nearly 90% increase over the…

Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd.

NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm.…

EU Court Fines Five Countries for Lacking Whistleblower Protection

The EU Court of Justice on Thursday fined five countries for failing to adopt rules to boost protection for whistleblowers…

Australia’s Prudential Watchdog Targets Longest-Serving Board Directors

Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years.…

Tokio Marine HCC President Schell to Retire After 50 Years in Insurance

Tokio Marine HCC announced a leadership change with the retirement of Mike Schell, president, at the end of this month.…

Proxy Adviser Glass Lewis Sticks With Diversity Guidance, Will Flag Risks

Proxy adviser Glass Lewis will continue to consider boardroom diversity when advising how to vote at U.S. company annual meetings,…

Rebranding, Renaming, Reorganizing: The Hartford, CRC Group, Bridge Specialty

The Hartford Stag Gets a New Look The iconic stag logo of The Hartford is getting a new look—one that…

AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years

After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for…