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Contractors often focus on obvious construction hazards like heavy machinery or working at heights. But one hidden danger can be just as risky: oily rags. Each year, more than 4,000 fires happen at construction sites across the U.S., mainly because flammable materials aren’t stored properly. Ryan Franco, a loss control consultant with Central Insurance, points … Read more

Insurers are losing more court cases not because claims are too complicated, but because they aren’t ready to back up their decisions, says Larry Seal, a veteran insurance professional and principal at West Florida Insurance Managers. Seal explains that if a company wants to deny a claim, it must have solid reasons to do so. … Read more

After nearly 40 years in Congress, Representative Nancy Pelosi has announced she will not run for re-election in 2026. The 85-year-old made the decision public in a video message to her California constituents, stating she will complete her current term but step away from future races. This marks the end of one of the most … Read more

A jury in Virginia has awarded $10 million to Abby Zwerner, a former first-grade teacher who was shot by her 6-year-old student at Richneck Elementary School in Newport News in 2023. The jury found that Ebony Parker, the school’s former assistant principal, was grossly negligent for not acting on several warnings that the boy might … Read more

The Senate has approved Andrea Lucas for another term as commissioner of the Equal Employment Opportunity Commission (EEOC), the federal agency that enforces workplace civil rights laws. The vote took place on Thursday night and split largely along party lines, with Republicans supporting her 52-45. Lucas has been a controversial figure, known for aligning the … Read more

Berkshire Hathaway Specialty Insurance (BHSI) is expanding its presence in Canada by launching a new program business, led by David Tran. With over 20 years of experience in underwriting and strategic relationships, Tran will head this effort, focusing on creating insurance solutions through partnerships with program administrators, MGAs, and brokers. Based in Toronto, he steps … Read more

Two Florida property insurers, Kin Interinsurance Network and Slide Insurance Co., have each been fined $250,000 by state regulators. The fines came after investigations found the companies did not follow proper claims-handling procedures after Hurricanes Ian and Idalia. This marks the latest move by Florida’s Office of Insurance Regulation (OIR) to hold insurers accountable in … Read more

Written premiums for workers’ compensation insurance in California dipped by 4% in the first three months of 2025 compared to the same period last year, continuing a trend of stability seen since 2022. This comes after several years of dramatic swings during the pandemic, a recent report from the Workers’ Compensation Insurance Rating Bureau of … Read more

James Thom, the chief product officer at Vertafore, recently shared insights on how his company is using artificial intelligence to change the way insurance works. Vertafore, a top global provider of insurance technology and software, is focusing on meeting new customer expectations by adopting AI in its services. In a recent interview with Insurance Business … Read more

Insurance carriers are tightening their grip on agency relationships as the market grows tougher. No longer are carriers easily wooed by interest alone. Instead, they now set firm rules and expect agencies to prove their worth before partnering up. Joseph Totah, president of Strategic Agencies—the parent company of AgencyEquity—explains that carriers want agencies that meet … Read more