Patricia Wells

Pennsylvania Insurance Department Rejects $180.3 Million in Premium Increases for 2024 The Pennsylvania Insurance Department (PID) has made headlines by rejecting a staggering $180.3 million in proposed annual increases for property and casualty (P/C) insurance premiums in 2024. This decision directly impacts various insurance sectors, including personal auto, homeowners, renters, and flood insurance policies. Significant … Read more

Tragic Loss of Journalist Dylan Lyons Sparks Legal Action Against Spectrum News 13 The tragic shooting of Dylan Lyons, a reporter for Spectrum News 13, has led to a significant legal battle following his untimely death while covering a violent incident in central Florida. In a negligence lawsuit filed by his parents, the claims highlight … Read more

Newfront Elevates Paige Maisonet to Chief People Officer: A Strategic Move for Talent Management Newfront, a leading player in the insurance brokerage industry, has made a significant leadership change by promoting Paige Maisonet to the position of Chief People Officer. This strategic appointment underscores the company’s commitment to enhancing its talent acquisition, people operations, and … Read more

Dramatic Development in Surfside: Luxury Condos Rise from Tragedy In a significant move for South Florida’s real estate market, DAMAC International, a Dubai-based developer, has announced plans for a 12-story luxury condominium project named The Delmore. This ambitious development is set to rise on the site of the Champlain Towers South, which tragically collapsed in … Read more

New FCC and Court Rulings: What They Mean for the Insurance Industry The recent decisions by the U.S. 11th Circuit Court of Appeals and the Federal Communications Commission (FCC) are reshaping the landscape of telemarketing and consumer outreach for the insurance industry. These rulings have sparked a mix of optimism and concern among industry stakeholders, … Read more

Ethan Tarby Takes the Helm at Plymouth Rock Assurance Plymouth Rock Assurance, a prominent player in the insurance industry headquartered in Boston, has officially appointed Ethan Tarby as its new president and CEO of Plymouth Rock Assurance Corporation. Tarby has been serving as the interim president and CEO since June 2024 and is now set … Read more

EIOPA Calls for Urgent Recalibration of Insurance Capital Requirements Amid Climate Crisis The European Insurance and Occupational Pensions Authority (EIOPA) has issued a critical call for the recalibration of capital requirements within the insurance sector, highlighting the urgent need to address the increasing risks posed by climate-driven disasters across Europe. This recommendation emerges from a … Read more

Porto Seguro’s Potential Health Insurance Division Sale: Insights and Implications Porto Seguro, a key player in the Brazilian insurance market, is currently contemplating a strategic move that could reshape its health insurance division. While no final decision has been made, the company is exploring the possibility of selling a minority stake in this division, an … Read more

Severe Storms and Tropical Cyclones Looming Over Australia As Australia braces for a significant weather event, six storms are expected to intensify in the coming days. Among these, one system poses a serious threat of life-threatening flooding in the northern regions, while three others have a moderate chance of developing into tropical cyclones by the … Read more

Aon’s Impressive Q4 2024 Financial Performance: A Comprehensive Overview Aon plc, a leading global professional services firm, has reported remarkable financial results for the fourth quarter of 2024, showcasing significant growth across various metrics. As the company navigates a dynamic market landscape, its performance reflects strategic execution and robust operational management. Significant Increase in Net … Read more