Connecticut’s Weather Resilience Council advances its initiatives.

Connecticut is taking significant steps to bolster its defenses against severe weather. Andrew N. Mais, the Commissioner of the Connecticut Insurance Department, recently shared updates about the state’s Severe Weather Mitigation & Resiliency Advisory Council. This council, formed in October 2024, is dedicated to developing strategies to protect homes and businesses from the impacts of … Read more

How E&O Can Protect Against a Coming Revival in U.S. Manufacturing

The revival of manufacturing in the United States is gaining attention, thanks to government support and efforts to bring jobs back home. This renewed focus on domestic production is prompting companies to rethink how they manage risks, especially in light of new challenges. One area that is becoming increasingly important is errors and omissions (E&O) … Read more

Landry and Temple clash over the issues surrounding auto insurance in Louisiana.

Louisiana is facing a significant debate about high auto insurance premiums, with Governor Jeff Landry and Insurance Commissioner Tim Temple presenting differing views on how to tackle the issue. Both officials recently held press conferences where they expressed the need for reform but disagreed on the causes and solutions. Governor Landry proposed a plan that … Read more

Stop complaining, Californians – your home insurance rates are affordable.

California homeowners are finding themselves in a unique situation when it comes to insurance costs. Despite facing some of the worst climate-related disasters in the country, such as wildfires and mudslides, many residents are paying some of the lowest home insurance premiums in the nation. This surprising trend has sparked discussions about the state’s insurance … Read more

According to regulators, the majority of hurricane insurance denials in Florida are not a result of wrongdoing.

The Florida Office of Insurance Regulation (OIR) has recently launched a new website aimed at providing the public with updated information on hurricane insurance claims. This initiative comes in response to concerns about how insurance companies are handling claims following Hurricanes Helene and Milton. The OIR’s website reveals that many claims that were closed without … Read more

How changes in education policy are reshaping insurance priorities.

Self-funding is becoming a vital option for school districts as they face rising insurance costs and changing education policies. This shift is particularly important as local governments take on more responsibility for education, leaving districts to figure out how to manage their own risks. In recent years, health insurance premiums have skyrocketed. Reports show that … Read more

The greatest threat to hiring in the industry isn’t artificial intelligence; it’s becoming irrelevant.

Job seekers are speaking out more than ever about their experiences in the hiring process, especially in the insurance industry. Many are frustrated with outdated hiring practices and a lack of transparency. One anonymous job seeker shared their struggle, saying they are going on four months without a job and feel mentally drained from not … Read more

What is causing the significant slowdown in sustainability efforts?

Many companies today are struggling to balance immediate challenges with the long-term risks posed by climate change. A recent survey by Beazley reveals that a significant number of global executives—73%—believe that current economic conditions are making it harder to prioritize sustainability goals. This focus on short-term issues could lead to more severe problems down the … Read more

AI in insurance receives accolades, yet consumers remain skeptical – GlobalData

The insurance industry is facing a challenge as many consumers remain hesitant about using artificial intelligence (AI), despite reports of positive experiences with the technology. A recent survey from GlobalData highlighted this disconnect, revealing that while AI is viewed as a tool that can improve efficiency, trust issues still linger, especially concerning data privacy and … Read more