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T-Mobile US has announced it will end its diversity, equity, and inclusion (DEI) programs, following pressure from the Trump administration as the company seeks approval for two major deals. The wireless carrier confirmed in a letter to Federal Communications Commission (FCC) Chair Brendan Carr that it is not only cutting DEI initiatives in name but … Read more

A countertop manufacturing company in Georgia has been hit with a $33,000 fine for putting its workers at risk of inhaling dangerous silica dust. Brazilian Stone Design, based in Powder Springs, was penalized by the federal Occupational Safety and Health Administration (OSHA) after investigations showed the company failed to protect employees from the harmful dust … Read more

Oscar Rafael Ruiz, a 44-year-old man from Charlotte, North Carolina, found himself in serious trouble after filing nearly $300,000 in travel insurance claims—most of which turned out to be fake. Over the past two years, Ruiz made multiple claims about lost luggage and canceled flights, backed by forged documents like fake hotel bills, credit card … Read more

Commercial auto insurance is seeing a big change thanks to data, with telematics technology leading the way. Once something only large fleets used, telematics systems have become a crucial tool for many kinds of businesses. They help lower costs, reduce insurance claims, and support smarter decision-making. Telematics combines vehicle sensors, GPS tracking, and cameras to … Read more

The world of cyber insurance in 2025 is seeing some interesting changes. Big companies have gotten better at protecting themselves from cyber attacks, which has made some cyber losses less severe. According to Allianz Commercial’s recent report, stronger security and faster responses are helping reduce the damage caused by cyber incidents. Still, businesses can’t let … Read more

The US pension risk transfer (PRT) market took a significant hit in the second quarter of 2025, with new premiums plunging 64% to just $4.1 billion, according to LIMRA’s latest Group Annuity Risk Transfer Sales Survey. This sharp decline is part of a broader slowdown that has seen a 56% drop in total PRT sales … Read more

California Governor Gavin Newsom is reviewing a new bill that could make the state the first in the country to have a publicly accessible wildfire catastrophe model. Known as Senate Bill 429, the proposal aims to improve how wildfire risks are assessed and how insurance is regulated in California. Currently, insurance companies with significant business … Read more

Insurance is facing a lot of change these days, and professionals in the field are being asked to do more than just sell policies. They need to help businesses plan for the future, handle risks, and find ways to grow. One expert leading the way in this shift is Ben Wright, the principal US economist … Read more

Driverless trucks are now a reality, running on long-haul routes and changing how insurers think about risk in commercial transportation. Patrick Thomas, managing partner for the Southwest Region at Acrisure, says this shift brings new challenges and questions for the insurance industry. One big concern is the quality and upkeep of the trucks themselves. While … Read more

The Trump administration has launched a federal investigation into a Minnesota state agency’s updated affirmative action policy. The inquiry centers on whether the Minnesota Department of Human Services’ new rules break civil rights laws by requiring supervisors to explain why they hire candidates who do not come from groups considered underrepresented, such as women and … Read more