Insurance for Equipment Distributors: The 7 Essential Policies for Your Business

Running an equipment distribution business comes with its own set of risks. From theft and fire damage to accidents during deliveries, these challenges can disrupt operations and threaten financial stability. Deidra Hoschak, a senior small business underwriter at Central Insurance, shares important advice on the types of insurance that equipment distributors—especially those outside the food … Read more

As expectations rise, employers increasingly seek risk leadership from brokers: Zywave survey

Employers across the U.S. are asking more from their insurance brokers than ever before. According to Zywave’s 2025 Broker Services Survey, companies want brokers to step up and act as trusted advisers on risk, not just people who provide insurance quotes. The survey, which gathered responses from nearly 900 employers, shows that most are happy … Read more

Travelers loses $27 million dispute over Maxus Metropolitan fire insurance claim

A $27 million legal battle over a fire insurance claim between Maxus Metropolitan and Travelers Property Casualty Company has caught the attention of the commercial insurance world. The dispute centers on a 2018 fire that severely damaged a large apartment complex in Birmingham, Alabama. In September 2018, a fire swept through the Metropolitan apartment complex, … Read more

Survey Reveals Claims Delays Prompt Fleet Operators to Change Insurers

In 2025, commercial truck fleet operators across the United States are growing increasingly frustrated with how insurance claims are handled, according to a recent report. The 2025 Claims Experience Report reveals that 88% of those surveyed believe the claims process needs serious improvement. Even though many industries have embraced new technology, many fleet operators feel … Read more

Ryan Transactional Risk Introduces Environmental Practice Product

Ryan Transactional Risk has introduced a new insurance product aimed at helping companies manage the risk of unexpected costs during environmental clean-ups. The product, called Ryan Transactional Risk Enviro, is designed to cover cost overruns in projects involving environmental remediation, such as corporate deals, mergers and acquisitions, and real estate developments. This insurance is meant … Read more

NHTSA Contacts Tesla Regarding Robotaxi Problems Observed in Online Videos

The U.S. National Highway Traffic Safety Administration (NHTSA) is looking into Tesla’s new robotaxi service after spotting videos online that show one self-driving car using the wrong lane and another speeding. These incidents have raised safety questions as Tesla recently launched a limited paid robotaxi program in Austin, Texas, deploying around a dozen autonomous vehicles. … Read more

From Yelp backlash to class action lawsuits: Franchisees confront a ‘double-edged sword’

Employment practices liability insurance (EPLI) has come a long way from being a rarely considered option to a necessary protection for businesses of all sizes. Tokio Marine HCC – Cyber and Professional Lines Group (CPLG), based in Houston, Texas, is leading the charge to make EPLI a top priority for franchises and other companies alike. … Read more

California lawmakers call for prompt investigation into State Farm wildfire claims and rate increases

California lawmakers are calling on the state Department of Insurance (CDI) to speed up its review of State Farm General Insurance’s handling of wildfire claims. They want the CDI to finish its investigation within 60 days and to hold off on any homeowner rate increases until the review is complete. This demand comes after the … Read more

Generational differences influence risk perceptions and insurance priorities among high-net-worth clients.

High-net-worth homeowners see risk and insurance in very different ways depending on their generation, according to new research from the Private Risk Management Association (PRMA). The study highlights a growing gap in how younger and older affluent homeowners view their protection and what they expect from insurers and brokers. Diane Delaney, PRMA’s executive director, shared … Read more