Patricia Wells

The financial industry is facing a significant talent shortage, particularly in the surety sector. A recent episode of the podcast "What’s Brewing," featuring IAT Insurance Group’s Associate Underwriters Brianna Arevalo and Ryan Pappas, sheds light on this growing issue and the opportunities it presents for new professionals. According to a report from Insurance Journal, nearly … Read more

Kin, a digital home insurance provider, has officially launched its services in California. This expansion allows California homeowners to access Kin’s insurance products directly online. The policies are distributed through Kin Insurance Services, a surplus lines broker based in the state, and are underwritten by a non-admitted carrier that partners with Kin. Founded in 2016 … Read more

Construction companies often face significant challenges when it comes to financial reporting, especially when they need certain documents to secure bonding for projects. A recent blog post by Old Republic Surety highlights the importance of having a Certified Public Accountant (CPA) prepare financial statements that comply with Generally Accepted Accounting Principles (GAAP). This preparation is … Read more

A tragic crash involving a Tesla Cybertruck near San Francisco last November resulted in the deaths of three college students. The California Highway Patrol reported that drug use and excessive speed were the main factors behind the incident, which occurred shortly after 3 a.m. on November 27 in Piedmont. Four young adults were in the … Read more

Argenta Syndicate Management and Specialty MGA UK have both made significant leadership changes recently, signaling new directions for their operations. Paul Wilson has been appointed as the new deputy chair of Argenta Syndicate Management Ltd. (ASML), a London-based subsidiary of Hannover Re. His appointment is pending regulatory approval. Wilson will take over as chair of … Read more

Since late 2019, the Wheeler family has been running a beekeeping business near San Antonio, Texas. Their goal is to produce about 3,000 bee colonies each year, which are essential for pollinating crops like watermelons and pumpkins. Unfortunately, the past few years have been tough for beekeepers, and the Wheelers are no exception. They typically … Read more

Iowa Attorney General Brenna Bird has filed lawsuits against Bitcoin Depot and CoinFlip, the two largest cryptocurrency ATM operators in the state. This action comes after an investigation revealed that many Iowans were scammed out of millions of dollars using these kiosks. The investigation began in October 2023, marking a significant step as it was … Read more

Global cyber insurance provider Coalition has secured a significant $30 million investment from Insurance Co., Ltd. (MSI), part of the MS&AD Insurance Group. This partnership aims to expand Coalition’s innovative “Active Insurance” model to a broader range of businesses around the world. Based in San Francisco, Coalition offers a unique approach to cyber insurance. Their … Read more

The Ohio Bureau of Workers’ Compensation (BWC) has announced a 6% cut in workers’ compensation rates for private employers, starting on July 1, 2025. This follows a 7% reduction that took effect last year. The latest cuts will save Ohio’s private employers nearly $60 million in premiums for the upcoming fiscal year. Governor Mike DeWine … Read more

A fertilizer company has been fined over $394,000 after a tragic incident led to the death of a worker at their facility. The Washington State Department of Labor & Industries issued the fine to Two Rivers Terminal LLC following the death of 56-year-old Viktor Voloshin at their Pasco site. The incident occurred on June 7, … Read more