Private insurers step in as NFIP expiration leaves homeowners uncertain

The U.S. flood insurance market is facing fresh uncertainty as the National Flood Insurance Program (NFIP) authorization has lapsed amidst the ongoing government shutdown. This pause adds to a familiar pattern of disruptions for the program, which has long depended on Congress for frequent renewals. Brad Turner, vice president and national product manager for flood … Read more

Auto-Owners sued by landlord over $2 million storm underpayment

A Missouri shopping center owner is suing Auto-Owners Insurance in federal court, claiming the insurer severely undervalued a storm damage claim worth more than $2 million. Paddock Equity Investors, which owns the Paddock Hills Shopping Center in Florissant, Missouri, filed the lawsuit on September 29, 2025, in the U.S. District Court for the Eastern District … Read more

Inside Private Equity’s D&O Risk: Why Standard Coverage Falls Short

Private equity ownership brings unique challenges to directors and officers (D&O) insurance that standard policies often fail to address. Experts at Amwins, a leading U.S. insurance wholesaler, explained how the fast-paced, transaction-heavy nature of private equity deals creates risks that require specialized coverage. Corey Turner, vice president at Amwins Brokerage in Atlanta, highlighted that private … Read more

Hotel owners accuse leading insurers of refusing multimillion-dollar business interruption claims.

A dispute worth millions has broken out between hotel owners and a group of major insurers over denied business interruption claims following water damage at a Delaware hotel. The hotel owners, including Amalgamated Hospitality Management II and NR Hospitality, LLC, filed a lawsuit on September 30, 2025, accusing several insurers of failing to pay out … Read more

Liberty Mutual Confronts Class Action Over Alleged Illegal Robocalls

Liberty Mutual is facing a class action lawsuit in a Wisconsin federal court over claims that the insurance company made illegal robocalls to promote its products. The complaint, filed on September 30, 2025, accuses Liberty Mutual of violating the Telephone Consumer Protection Act (TCPA) by sending prerecorded marketing calls without getting proper written consent from … Read more

Brace for sticker shock: How retailers can assist clients in navigating unbundled business auto coverage

For a long time, business auto insurance was just a part of bigger commercial insurance packages, bundled with things like general liability and workers’ compensation. But now, the way insurers handle business auto coverage is changing, and it’s causing a stir in the industry. The shift comes as insurers face rising loss ratios, especially from … Read more

Cyberattack on beer supply causes empty shelves

Japan’s biggest beer company, Asahi Group Holdings, is facing a major disruption after a cyberattack shut down much of its logistics network. This has stopped deliveries of its popular Asahi Super Dry beer for nearly a week, leaving stores and bars across Japan without their usual stock. The attack hit the company’s order-processing systems, call … Read more

Senate reaches deadlock once more – government shutdown to continue for days

The federal government shutdown has now stretched into its second week, with no end in sight. After another failed Senate vote on Friday, lawmakers remain deadlocked, unable to secure the 60 votes needed to pass a temporary funding bill. Both Democratic and Republican plans have faltered, leaving many government services partially closed through the weekend. … Read more

Reports indicate Salesforce suffered a hack compromising 1 billion records.

A major cybercrime operation has hit companies worldwide that use Salesforce’s cloud services, with hackers claiming to have stolen nearly a billion customer records. The breach, linked to a recently fixed weakness in Salesforce’s AI tools, is causing worry about how insurers and their clients should handle cyber risks. On Friday, a hacking group named … Read more