Patricia Wells

Southern California Faces Stormy Weather Amid Wildfire Recovery Southern California is currently experiencing a challenging weather situation as heavy rains continue to drench the already burn-scarred areas surrounding Los Angeles. While these showers are beneficial in combating the wildfires that have claimed at least 28 lives and destroyed over 16,000 structures, they also pose significant … Read more

New Florida Insurer Mangrove Property Insurance Aims to Transform the Market Former RenaissanceRe executive Stephen Weinstein has made a significant move in the Florida insurance landscape by launching Mangrove Property Insurance. This new insurance carrier is set to assume thousands of policies from Citizens Property Insurance Corp, marking a pivotal moment for homeowners seeking reliable … Read more

Safeway Faces Major Penalties for Safety Violations at Tracy Warehouse The California Division of Occupational Safety and Health (Cal/OSHA) has levied significant penalties against Safeway, totaling $182,000, due to serious safety violations at their Tracy Distribution Center. This facility, which is the largest of its kind for Safeway in the United States, reportedly exposed around … Read more

Nebraska Attorney General Takes Legal Action Against Change Healthcare for Data Breach In a significant move to protect consumer rights, Nebraska Attorney General Mike Hilgers has initiated a lawsuit against Change Healthcare, citing serious violations of the state’s Consumer Protection and Data Security Laws. This legal action follows a major data breach that occurred in … Read more

2024: A Year of Extreme Weather Events and Their Impact on Insurance The year 2024 stands as a pivotal chapter in the ongoing saga of climate change, marked by a series of extreme weather events that wreaked havoc across the globe. From scorching heatwaves in Australia to catastrophic flooding in Europe and devastating hurricanes in … Read more

Ameren Missouri’s $61 Million Commitment to Clean Air: A Significant Step Towards Environmental Compliance The recent ruling by the U.S. District Court for the Eastern District of Missouri marks a pivotal moment for environmental justice and air quality improvement in the region. Ameren Missouri, a major player in the state’s energy landscape, has been ordered … Read more

Iowa Roofing Company Ceases Public Adjuster Practices In a significant regulatory move, Darren Reeves Roofing, an Iowa-based roofing contractor, has agreed to a consent order that prohibits the company from presenting itself as a public adjuster or providing any related services. This decision follows scrutiny over the company’s marketing practices and its involvement in insurance … Read more

The Economic and Insurance Impact of the Recent Los Angeles Wildfires The recent wildfires in the Los Angeles area have sparked significant concern regarding their economic implications and the future of property insurance in California. As the situation evolves, experts are closely monitoring the escalating losses and the potential long-term effects on homeowners and the … Read more

Specialist Risk Group (SRG), a prominent London-based insurance intermediary, is set to enhance its European footprint through the strategic acquisition of Ecclesia Group’s assets in the Netherlands and Belgium. This significant move will integrate seven businesses and approximately 700 professionals into SRG, marking a pivotal moment in the company’s growth trajectory. A Strategic Acquisition While … Read more

Ki, the innovative digital follow platform under Lloyd’s, has officially transitioned into a standalone subsidiary, separating from its parent company, Fairfax Group, effective January 1, 2025. This strategic move marks a significant milestone in Ki’s journey since its inception in 2020 and its operational launch through Syndicate 1618 in 2021. Since its establishment, Ki has … Read more