Arizona Experienced a 15% Drop in Vehicle Thefts in 2024.

Vehicle thefts in Arizona saw a significant drop in 2024, according to the Arizona Automobile Theft Authority (AATA). The state reported a 15% decrease in stolen vehicles, marking the second consecutive year of decline. In total, 17,010 vehicles were reported stolen in Arizona last year. This number is nearly 3,000 fewer than the 20,006 vehicles … Read more

Transforming Policy Management for MGAs and Wholesalers: The Impact of Expert Insured on Enhancing Efficiency Across the Board

Managing insurance policies can be challenging, especially for Managing General Agents (MGAs) and wholesalers. They often juggle multiple carriers and face unique demands that can slow down their operations. To help with these issues, Expert Insured has launched a new policy management system designed specifically for the insurance industry. This platform, developed by Selectsys Tech, … Read more

Hays County, Texas Sheriff’s Office Seizes $220,000 Worth of ‘Cloned’ GMC Denalis

The Hays County Sheriff’s Office in Texas has made a significant recovery, retrieving four stolen GMC Denali trucks that had their vehicle identification numbers (VIN) cloned. This operation took place between April 4 and April 9, with the Sheriff’s Auto Theft Unit collaborating with the Hays County Tax Assessor’s Office and other agencies. These VIN-cloned … Read more

Markets/Coverages: The Hanover and Hagerty Collaborate to Offer Protection for Collector Cars

The Hanover Insurance Group has teamed up with Hagerty to offer specialized insurance for classic cars. This new product, called Hanover Collector Car, combines Hanover’s reliable insurance coverage with Hagerty’s expertise in handling collector vehicle claims and valuations. Currently, this insurance is available through Hanover’s independent agents in Michigan and Illinois, targeting both new and … Read more

Wisconsin Roofing Contractor Hit with $262K Penalty for Not Safeguarding Workers

The U.S. Department of Labor has taken action against Bacilio Rios Almanza, a roofing contractor in Wisconsin, for serious safety violations. This comes after an investigation revealed that Almanza failed to protect his workers from dangerous fall hazards while they were working on a residential roof in Appleton in September 2024. The Occupational Safety and … Read more

Personnel Changes: Arch Insurance Appoints Seip from LSM as Head of Fine Art & Specie for Europe; Berkshire Hathaway Specialty Insurance Elevates Gormley and Reddin in Ireland.

Arch Insurance has announced that Paul Seip is now the head of Fine Art & Specie for European Markets, effective immediately. This new role is based in Rotterdam, where Seip will work on developing the company’s underwriting platform for fine art and specialty insurance across Europe. Seip joins Arch Insurance with over 12 years of … Read more