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Kansas Insurance Commissioner Vicki Schmidt has announced she will run for governor in the 2026 election. Schmidt, a lifelong Republican, brings a diverse background to the race, including more than 40 years as a pharmacist and 14 years in the Kansas Senate representing Shawnee and Wabaunsee counties. Schmidt was first elected as Kansas Insurance Commissioner … Read more

A new bill introduced in Congress aims to stop health insurance companies from owning clinics that serve Medicare patients. The “Patients Over Profits Act” targets the growing trend of insurance companies buying independent medical clinics. Lawmakers are worried that this practice puts making money ahead of patient care. The bill would require insurers and their … Read more

The MJ Charitable Foundation, the nonprofit branch of The MJ Companies, has announced four new nonprofit partners for its 2025-2027 Charities of Choice program. These organizations are Indy Reads in Indiana, Amanda Hope Rainbow Angels in Phoenix, We Don’t Waste in Denver, and UpRise Nashville. Each group focuses on pressing local issues, such as literacy, … Read more

A Florida congressman is raising concerns over how Citizens Property Insurance Corp., the state-backed insurer, handles disputes about claims. US Representative Maxwell Frost, who represents Florida’s 10th District, says the current process seems to favor Citizens over policyholders. Unlike private insurers, Citizens requires policyholders to settle claims disputes through the Florida Division of Administrative Hearings … Read more

Tokio Marine HCC has made a leadership change at its travel insurance subsidiary, WorldTrips. The company, which is based in Carmel, Indiana, announced that Mark Carney will step down as CEO and take on the role of chairman. In this new position, Carney will continue to guide the company’s long-term plans and strategy. Taking over … Read more

Reliance Global Group has sold its Ottawa, Ohio-based subsidiary, Fortman Insurance Services, for $5 million in cash. The move helps Reliance focus on its core business and boosts its financial strength. The buyer’s identity has not been made public. Fortman Insurance, which Reliance bought in 2019, improved its operations and financial health during its time … Read more

Hull & Company-Texas, based in Dallas, has made some notable moves in its underwriting team. Brandt Wilkins has been promoted to the role of underwriter/broker. Wilkins has been with Hull Texas for the past three years, focusing on managing accounts in the south-central U.S. Before joining Hull, he worked as a commercial lines account manager … Read more

Construction sites face a lot of challenges when it comes to keeping materials safe and intact before they get used. Weather, theft, and poor storage are the main reasons materials get damaged on jobsites, and this can lead to serious delays and extra costs for contractors and property owners. Damien Hayden, a loss control specialist … Read more

Insurance industry groups and regulators are asking Congress to extend the Terrorism Risk Insurance Act (TRIA) well beyond its current deadline in 2027. They warn that without a long-term renewal, the insurance market and the broader economy could face serious problems. TRIA was created after the 9/11 attacks when insurers struggled to provide terrorism coverage … Read more

Climate change is causing more disasters like floods and fires, which are hitting homes and businesses hard around the world. To better prepare for these risks, insurers are turning to new “future modeling” tools. These tools use data and artificial intelligence to predict what climate risks might look like decades from now. They help insurance … Read more