Insurance Journal
A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tue...
Posted: Oct 15, 2025
The managing general agent (MGA) market is in the spotlight as one of the most agile and innovative arrows of growth for the insurance sector. But as with any arrow, direction and precision matter. Fired without the right discipline, it …
Posted: Oct 15, 2025
A new property/casualty insurance industry survey report reveals some of the key challenges that independent agents are facing, including providing quotes within customers’ expected time frames—or finding insurance capacity at all in some areas...
Posted: Oct 15, 2025
The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. Simultaneously, pending congressional legislation stands to transform the Federal Emergency Mana...
Posted: Oct 15, 2025
The Mississippi Supreme Court this month declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The cour...
Posted: Oct 15, 2025
The Mississippi Supreme Court this month declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The cour...
Posted: Oct 15, 2025
In what is being seen as a significant win for property insurers, a Florida appeals court last week found that Universal Property and Casualty Insurance Co. did not breach the insurance contract when it paid just $8,125 on a homeowner’s …
Posted: Oct 15, 2025
A new economic impact report from the California Department of Insurance shows that insurance companies contracting with small and diverse-owned businesses contributed a total economic output of $6.7 billion to the state’s economy, supporting m...
Posted: Oct 15, 2025
A new economic impact report from the California Department of Insurance shows that insurance companies contracting with small and diverse-owned businesses contributed a total economic output of $6.7 billion to the state’s economy, supporting m...
Posted: Oct 15, 2025
Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down. Cruz, now a 61-year-old living in Arizona, had spent five years working in the environmental department when Powerine Oi...
Posted: Oct 15, 2025
When snow covers the frozen ground, and most South Dakota farmers have sold or stored their products for the season, the operators of Cedar Creek Gardens are still able to grow vegetables and harvest a lucrative crop. Located in a …
Posted: Oct 14, 2025
Wisconsin Insurance Commissioner Nathan Houdek issued a final decision to impose civil forfeitures of $6,000 after finding that a contractor was acting as a public adjuster under Wisconsin law, which subjected him to the standards of Wis. Stat. ch. 6...
Posted: Oct 14, 2025
Texas camp owners on Friday urged the state health agency to give them more time and flexibility on costly new safety requirements, saying they could be forced to close by next summer. “We support the goal of making camps safer,” …
Posted: Oct 14, 2025
Water shortages in South Texas are posing major risks to a fast-growing industrial hub that’s crucial to President Donald Trump’s twin goals of dominating global energy markets and slashing trade deficits. Corpus Christi, a Gulf Coast cit...
Posted: Oct 14, 2025
There’s something fundamentally American about the freedom to get in your car and drive. Driving is self-determination. The liberty to set your own course. The power to move under your own willpower, whether for duty or sheer pleasure. Despite...
Posted: Oct 14, 2025
Florida-based insurance broker King Risk Partners announced it has acquired Jenkins Insurance, an independent insurance agency based in Harrisonburg, Virginia. Jenkins Insurance has been serving Harrisonburg, Rockingham, and the surrounding regions o...
Posted: Oct 14, 2025
A construction firm owner in Miami greatly underreported his company’s payroll, defrauding a workers’ compensation insurer of more than $380,000 in premiums, Florida authorities said Monday. Jose Arias-Reyes, president of AR Carpentry Ser...
Posted: Oct 14, 2025
A mass shooting early Sunday at a crowded bar on an idyllic island considered to be the largest Gullah community on the South Carolina coast has left four people dead and at least 20 injured, officials said. A large crowd …
Posted: Oct 14, 2025
A Rhode Island husband and wife were killed and another person injured Monday morning when a small plane crashed onto a highway in southeastern Massachusetts. The deceased were identified as Thomas and Agatha Perkins, of Middletown, according to Thom...
Posted: Oct 14, 2025
A blast in rural Tennessee that leveled an explosives plant and was felt for miles around killed 16 people and left no survivors, authorities said. The explosion left a smoldering wreck of twisted and charred metal and burned-out vehicles at …
Posted: Oct 14, 2025
This edition of International People Moves details appointments at Markel Insurance and the insurance broker Miller. A summary of these new hires follows here. Markel International Restructures and Promotes Hillier as CUO Markel Insurance, the insura...
Posted: Oct 14, 2025
An early-season nor’easter swept across the US East Coast, killing at least one person as it triggered power outages and travel delays, while across the continent a massive storm wreaked havoc on Alaska. The eastern storm will reach its peak &#...
Posted: Oct 14, 2025
Marsh McLennan announced it will change its brand to “Marsh,” effective January 2026, and it has created a new unit, Business and Client Services (BCS), which aims to accelerate innovation and centralize investments in operational excelle...
Posted: Oct 14, 2025
Tokio Marine Kiln (TMK), the specialist insurer, announced the launch of “Enterprise Ctrl,” a comprehensive enterprise errors and omissions (E&O) insurance solution that enhances the recently launched TMK Cyber Ctrl+ suite. This first...
Posted: Oct 14, 2025
European Union lawmakers agreed to move ahead with major cuts to a set of sustainability directives, after intense pressure from the bloc’s biggest member states. The EU Parliament’s Committee on Legal Affairs voted on Monday to have the...
Posted: Oct 14, 2025