Patricia Wells

ZestyAI has received approval from the Michigan Department of Insurance and Financial Services for its new severe convective storm suite. This comes at a crucial time as Michigan faces increasing weather-related insurance claims. Since 2019, the state has seen over $5 billion in insured storm damage, primarily from hail and straight-line winds. Just last summer, … Read more

AM Best has changed the outlook for the Oklahoma Farm Bureau Group from stable to negative. This decision affects the Long-Term Issuer Credit Rating (ICR) for the group, which includes Oklahoma Farm Bureau Mutual Insurance Company and its subsidiary, AgSecurity Insurance Company. Both companies are based in Oklahoma City, Oklahoma. While their Financial Strength Rating … Read more

Victoria’s Secret has temporarily shut down its U.S. website and some in-store services due to an unspecified security incident. This decision was made as a precautionary measure to protect customer information. On Thursday, visitors to the website were greeted with a message explaining the situation. The company stated that it is working hard to restore … Read more

NI Holdings, Inc., based in Fargo, North Dakota, has announced several important changes in its leadership team. These promotions and a new hire reflect the company’s commitment to strengthening its operations in the property and casualty insurance sector. Kevin Elfstrand has been promoted to senior vice president and chief accounting officer. With over 20 years … Read more

A heat wave is sweeping across California and the western United States, bringing soaring temperatures that could lead to health risks and increased power demand. This weather event is expected to last through the weekend, with many areas likely to break or tie daily temperature records. The National Weather Service forecasts that Sacramento will see … Read more

A federal appeals court has temporarily reinstated President Donald Trump’s tariffs, just a day after a trade court ruled that he had overstepped his authority. This ruling from the U.S. Court of Appeals for the Federal Circuit in Washington puts a hold on the lower court’s decision while the government appeals it. The court has … Read more

Jeff Miller is back at Lockton, taking on the role of national practice leader for the stop loss and pharmacy practices. Lockton is based in Kansas City, Missouri, and Miller brings over 30 years of experience in the industry to his new position. Before rejoining Lockton, Miller was president of Point6 Healthcare and served as … Read more

Taylor Sheridan, the writer behind the 2016 film "Hell or High Water," describes his work as a love letter to Texas. Interestingly, he filmed it in New Mexico. The movie follows two brothers who turn to bank robbery to save their family ranch in West Texas. However, due to financial incentives, all the filming took … Read more

Severe thunderstorms swept through the Houston area early Tuesday morning, leaving thousands without power. The storms brought strong winds reaching up to 70 miles per hour, along with hail and lightning, causing significant damage across the region. More than 160,000 people lost electricity as power lines were knocked down. The National Weather Service has warned … Read more

As the peak hailstorm season approaches in the U.S., homeowners with solar panels are facing the risk of damage from hail. Lauren Martin, who leads marketing at Freedom Solar Power in Texas, points out that while damage from hail is uncommon, the increasing severity of weather due to climate change makes it hard to predict … Read more