Patricia Wells

The Louisiana legislative session kicked off this week in Baton Rouge, focusing on the state’s pressing insurance affordability crisis. Governor Jeff Landry and Insurance Commissioner Tim Temple have made insurance reform a top priority, as lawmakers gather to discuss potential solutions. The session began on April 14 and will continue until June 12. In his … Read more

The U.S. excess and surplus (E&S) lines insurance market is proving to be a bright spot for insurers and reinsurers, particularly those in the London market. A recent report from AM Best highlights that this segment is expected to keep growing profitably in the near future, despite some challenges on the horizon. According to AM … Read more

A consumer advocacy group has taken legal action against the California Department of Insurance and its commissioner, Ricardo Lara. They want to stop new surcharges that could add hundreds of millions of dollars to homeowners’ insurance bills across the state. Consumer Watchdog announced the lawsuit, claiming that these surcharges stem from a decision made by … Read more

A critical error has recently occurred on a website, causing significant disruption for its users. This issue has left many visitors unable to access the site, raising concerns about the reliability of the platform. The problem seems to stem from a technical glitch, which can happen for various reasons. Websites often face these types of … Read more

Texas has reported 20 new confirmed cases of measles, marking a 4% rise since the last update. The total number of cases in the state now stands at 561. This outbreak has led to 58 hospitalizations, with two additional patients admitted since April 11. Tragically, two unvaccinated children have died from the disease since the … Read more

A critical error has been reported on a popular website, causing disruptions for users. The issue has raised concerns among website visitors and administrators alike. The error message simply states, "There has been a critical error on this website." This vague notification leaves many users puzzled and frustrated, as they are unable to access the … Read more

The global cyber insurance market is on track for significant growth, according to a recent report from Munich Re. The company predicts that by 2025, the market will reach around $16.3 billion in gross premiums. This growth is expected to continue, with projections indicating that the market could exceed $32 billion by 2030. In their … Read more

United Risk, part of Applied Underwriters, has announced the launch of a new multi-line reinsurance managing general agent (MGA). This new entity aims to provide specialized underwriting services in property/casualty, cyber, and credit risk. Jay Cahill, who previously served as the chief financial officer of United Risk, has been appointed as the CEO of the … Read more

Hertz has informed its customers about a data breach that has put personal information at risk, including drivers’ license numbers. The breach occurred due to a hack involving a vendor in Hertz’s supply chain, specifically an enterprise software firm called Cleo Communications US. In a notice on its website, Hertz explained that it completed an … Read more

A 62-year-old man from Houston has pleaded guilty to laundering money from a significant bank fraud operation. William Mills admitted to being part of a scheme that spanned nearly a decade, from 2014 to 2023, involving at least $35 million in fraudulent loans. Mills worked with others to create fake loan applications. These applications included … Read more