Patricia Wells

Insurance premiums for technology companies have seen a surprising trend in 2024, according to a recent report from Embroker, a business insurance platform. The report indicates that a softer market has kept premiums steady or even reduced in some areas, making it a more favorable year for tech businesses. Specifically, average premiums for errors & … Read more

Tens of billions in aid for Hurricane Helene victims is expected to start flowing soon, according to U.S. Agriculture Secretary Brooke Rollins. This announcement comes as farmers in Georgia and surrounding states face challenges in planting their crops this year due to the storm’s devastation. Congress approved a $100 billion disaster relief package on December … Read more

Beazley, a specialty insurer, has appointed Lindsay Shipper as the new head of commercial property for North America, effective April 1. Based in Atlanta, Shipper will report to Richard Montminy, who oversees property risks for the group. Shipper brings nearly 20 years of experience in the property market. Before joining Beazley, she spent 16 years … Read more

The Tampa Bay Rays have decided to withdraw from plans to build a new $1.37 billion stadium in St. Petersburg, Florida. The announcement came on Thursday from the team’s owner, Stu Sternberg. The Rays were supposed to partner with the city and Pinellas County, with the team planning to contribute $700 million and local governments … Read more

Reinsurance rates have been on a downward trend this year, particularly during the January renewals. However, experts from Moody’s Ratings predict that prices for US property-catastrophe reinsurance may stabilize during the midyear renewals. This forecast comes after significant loss events in the US, including Hurricanes Helene and Milton, as well as wildfires in Los Angeles, … Read more

Missouri Attorney General Andrew Bailey is making headlines with his recent legal actions against China and Starbucks. His office announced plans to seize assets from China to enforce a $24.5 billion judgment related to COVID-19. This lawsuit, originally filed by his predecessor, Eric Schmitt, claims that China’s actions during the pandemic harmed Missouri by hoarding … Read more

A significant legal battle has unfolded involving Texas Tech University Health Science Center and a former applicant, George Stewart. Stewart, who had an impressive academic record with a 3.96 GPA from the University of Texas at Austin and a 511 score on the MCAT, alleged that he was denied admission in favor of less qualified … Read more

Twenty years before the Titanic made headlines, another ship was making waves on the Great Lakes. The Western Reserve, an all-steel cargo ship, set sail in August 1892, aiming to break speed records. This 300-foot freighter was hailed as one of the safest vessels of its time. Owner Peter Minch was so proud of the … Read more

Keystone Agency Partners has made a significant move by acquiring Ascent Insurance Group, a well-known insurance agency based in Oklahoma. This deal also includes the Cole, Paine & Carlin Insurance Agency, which will now operate under Ascent Insurance Group. Aaron Bogie, the new CEO of Ascent Insurance Group, expressed excitement about the partnership. He noted … Read more

Two more people have been arrested in connection with the tragic death of Caleb Wilson, a 20-year-old student at Southern University. Wilson died after being punched during a fraternity hazing event that took place off-campus. The Baton Rouge police announced the arrests of Kyle Thurman, 25, and Isaiah Smith, 28, who now face felony criminal … Read more