The National Flood Insurance Program (NFIP) has officially lapsed as of October 1, after Congress failed to pass an extension […]
U.S. Property Insurance Premiums Hit Record High as Climate Disasters Escalate
Homeowners across the United States are facing unprecedented increases in property insurance premiums, as climate-related disasters continue to multiply in […]
Terralink Insurance Expands with Acquisition of Eight Agencies in Michigan, Texas, and Louisiana
ANN ARBOR, MI — Terralink Insurance Services, a tech-enabled national brokerage, has finalized the acquisition of eight independent insurance agencies […]
U.S. Vehicle Recalls Surge to Highest Level in Over a Year, Topping 7.3 Million in Q2
The second quarter of 2025 saw a dramatic spike in vehicle recalls across the United States, with more than 7.3 […]
Chubb Shifts Focus to Mid-Sized and Small Businesses as Large Accounts Face Pullback
Chubb is doubling down on the global middle-market and small business segments, according to CEO Evan G. Greenberg, who highlighted […]
Mayor Adams Signs Law Reducing Insurance Requirement for NYC For-Hire Drivers
New York City Mayor Eric Adams has officially enacted legislation that lowers the minimum auto insurance coverage for for-hire vehicle […]
Erie Insurance Hit with Dual Lawsuits Over Alleged Cybersecurity Breach
Erie Insurance is now facing two separate class action lawsuits tied to an alleged data breach, even as the company […]
Trump Administration’s Memo Proposes Overhaul and Potential Elimination of FEMA
A newly uncovered memo sheds light on the Trump administration’s plans to dismantle the Federal Emergency Management Agency (FEMA) and […]
Delaware Company Fined Maximum Penalty After Worker’s Death in Ohio Plant
A Delaware-based manufacturing company with operations in Grove City, Ohio, has been fined $500,000—the maximum penalty permitted by law—after pleading […]
NYC Council Approves Bill to Reduce Insurance Coverage Requirements for For-Hire Vehicles
In response to pressure from a coalition of rideshare drivers and companies like Uber, the New York City Council has […]
AI’s Soaring Power Demands Revive Polluting Gas Turbines
When Stargate’s first AI-focused data center goes live next year, the 900-acre complex will require enough electricity to continuously power […]
Homeowner’s Lack of Review Doesn’t Free Insurance Agency from Negligence Suit
A North Carolina homeowner’s failure to read an insurance application does not exempt a local agency from a negligence lawsuit, […]