"Empower individuals like me": Tangram CEO urges the insurance industry to broaden its perspective.

Rekha Skantharaja became the CEO of Tangram Insurance Services at just 31 years old, stepping into a role that many might not expect from someone without the usual background. She didn’t have a spouse or children, and she came from a mid-sized, male-dominated insurance company to lead a small team in Petaluma, California. Despite these … Read more

Court restricts liability for Boechler PC officer regarding workers’ compensation penalties.

The North Dakota Supreme Court recently made an important ruling regarding personal liability for unpaid workers’ compensation premiums. In a decision issued on July 11, the court clarified the extent to which corporate officers can be held responsible when their companies fail to pay these required premiums. The case, known as State of North Dakota … Read more

Report: Florida insurance litigation decreases by 25% in 2025.

Personal insurance litigation in Florida has seen a significant drop, falling nearly 25% in the first half of 2025 compared to the same period last year. This decline is attributed to recent legal reforms, according to the Florida Office of Insurance Regulation (OIR). The trend of decreasing litigation rates is not new. From 2023 to … Read more

California takes action against unlicensed insurance provider.

The California Department of Insurance (CDI) has taken action against a Florida-based company, Innovative Partners LP, for allegedly selling health insurance plans without proper authorization. The CDI issued a cease-and-desist order, claiming the company marketed and sold what it called “phony” single-employer health plans while operating without a license in California. Innovative Partners reportedly grew … Read more

Independent agencies maintain their market share despite challenging conditions – Big "I"

Independent insurance agencies in the U.S. have shown resilience in the face of challenging market conditions, maintaining a strong presence in key insurance sectors. According to the Big “I” 2025 Market Share Report, these agencies accounted for 61.5% of property and casualty (P&C) premiums in 2024, slightly down from 62.2% in 2023. Despite this small … Read more

Insurance updates: Alliant, Aspen, Mosaic

Several insurance companies and brokerages are shaking things up with new leadership appointments. These changes are aimed at enhancing their strategic, underwriting, and advisory strengths. Alliant Insurance Services has made two significant appointments. Andy Oldenburg and Betty Wehmann have both stepped into senior vice president roles within the Alliant Americas and Employee Benefits Group divisions. … Read more

Allstate reports decreased catastrophe losses in Q2 despite ongoing storm-related volatility.

Allstate Corp. reported its estimated pretax catastrophe losses for the second quarter of 2025 at $1.99 billion. This is a slight decline from $2.12 billion during the same period last year. The company shared this information in a recent statement, highlighting the impact of severe weather events on its financial performance. In June alone, Allstate … Read more

How Drones, Cybersecurity Threats, and Capacity Shortages are Transforming Aviation Insurance in 2025

Drone technology is changing the landscape of aviation insurance, creating new challenges and opportunities. This shift is particularly significant for managing general agents (MGAs), program administrators, and specialty brokers. While the ongoing pilot shortage is a concern, experts believe it is manageable. William Tabbert, co-head of Starfish Specialty Insurance Services, pointed out that drones are … Read more

Manufacturers confront a threefold challenge – what can insurance agents do to respond?

US manufacturers are facing significant changes as they adapt to new challenges. A recent study by Nationwide highlights three main issues: labor shortages, changes in supply chains due to tariffs, and rapid advancements in automation and artificial intelligence. These factors are reshaping how companies operate. Despite these challenges, many manufacturers remain hopeful. The study found … Read more