Prominent Florida Grower to Launch New Residential Development Following Cessation of Citrus Farming

One of Florida’s largest citrus growers, Alico, Inc., is making a significant shift by planning to develop a new community in southwest Florida. This announcement comes just months after the company revealed it would end its citrus operations at the close of this season. Alico has submitted a development application for the first of two … Read more

Ex-Texas Insurance Broker Accused in Alleged Fraud Scheme

A former insurance agent from Friendswood, Texas, is facing serious legal trouble after turning himself in to the police last week. Edgar Peralta, who operated Peralta Insurance Brokerage LLC, is charged with theft, a state jail felony, according to the Friendswood Police Department. The investigation began when police received a report on March 3, 2025, … Read more

Uber Invests Six Figures in Advertising for Recent New York Insurance Reform Initiative

Uber Technologies Inc. is stepping up its efforts to get lawmakers’ attention in New York. The company recently launched a significant advertising campaign aimed at addressing problems linked to the insolvency of the city’s largest taxi insurer. This campaign began on Tuesday, coinciding with the return of state lawmakers to Albany for budget discussions. While … Read more

Study Finds Black Residents Bear the Brunt of Pollution While Receiving Few Jobs from the Chemical Industry

Residents of predominantly Black communities near the lower Mississippi River have long felt the weight of pollution from nearby chemical plants without reaping the benefits of the jobs these industries create. A new study from Tulane University confirms their concerns, highlighting significant racial inequalities within the petrochemical workforce in the United States, particularly in Louisiana. … Read more

Personnel Changes: Specialty MGA Hires Two Senior Underwriters for Africa and the Middle East; DUAL Europe Grows Marine Division with New Team in Hamburg, Germany.

Specialty MGA Africa & Middle East has announced the addition of two senior underwriters to its team in Casablanca. This move aims to enhance the company’s presence in the African and Middle Eastern insurance markets. Laila El Bahtouri will serve as the treaty senior underwriter. With 19 years of experience, including 14 in reinsurance, she … Read more

Enhance Your Agency: Grow into Commercial Lines with EZLynx and Tarmika

Independent insurance agents are finding new ways to grow their businesses, particularly by exploring the commercial insurance market. With a strong demand for commercial property and casualty insurance, agents are looking for opportunities to diversify their portfolios and increase revenue. A recent report from McKinsey highlights that premiums in the global commercial insurance sector have … Read more

Kentucky Tobacco Warehouse Manager Charged in Crop Insurance Fraud Scheme

Prosecutors in Kentucky have announced the indictment of a tobacco warehouse manager for his role in a significant crop insurance fraud scheme. Thomas H. Kirkpatrick, who manages the Farmers Tobacco Warehouse in Danville, is accused of conspiring with several farmers to create false documentation. This paperwork allowed the farmers to misrepresent their crop expenses and … Read more

California’s Newsom Files Lawsuit Against Trump Over ‘Disruption’ Caused by Tariff Policies

California Governor Gavin Newsom has taken a bold step by filing a lawsuit against President Donald Trump over his recent tariffs. This legal action aims to challenge Trump’s use of emergency powers to impose tariffs on imports from Mexico, China, and Canada. Newsom argues that these tariffs are harming consumers and businesses in California, which … Read more

Insurtech company 1Fort secures $7.5 million in funding to enhance its AI binding technology for brokers.

1Fort, a new player in the business insurance sector, has successfully raised $7.5 million in a funding round that attracted significant interest. Bonfire Ventures led this oversubscribed round, with other notable participants including Draper Associates, Ramp’s founder Karim Atiyeh, and existing investors like Village Global and Operator Partners. With this latest investment, 1Fort’s total funding … Read more