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Viasat Inc., a US communications company based in California, has become the latest victim of a major surveillance hack attributed to the Chinese government. This breach was uncovered earlier this year, and Viasat has been collaborating with government officials to address the situation. The attack is part of a broader surveillance campaign known as "Salt … Read more

A union representing plumbers in New York is suing Philadelphia Indemnity Insurance Company for nearly $175,000. The lawsuit, filed on August 12, 2025, claims that the insurance company has not paid contributions owed for work done on a courthouse project in Nassau County. The trustees for the benefit funds of Plumbers Local Union No. 200 … Read more

Ohio Security Insurance Company is in a legal battle after claiming that an employee from a Florida law firm misdirected a settlement payment. The insurer says it made two payments because the first was allegedly sent to the wrong account. The situation began when Ohio Security issued an insurance policy to Praters Insulators, LLC. This … Read more

Ascot Group has introduced a new product called Prime Propel, aimed at contractors in the construction industry. Launched on August 15, 2025, this product combines professional and environmental liability coverage. It is designed to help contractors manage risks related to both environmental issues and professional errors. Prime Propel targets various types of contractors, including general, … Read more

Remote work has become a permanent fixture in our lives, changing how we approach our jobs and daily routines. As more people set up offices at home, it’s important to consider how this shift impacts insurance coverage. Many homeowners and renters insurance policies provide basic protection for personal belongings, but they might not cover everything … Read more

The United States has faced a staggering financial burden from climate-related disasters in the past year. From May 2022 to May 2023, nearly $1 trillion was spent on recovery and other climate needs, according to a recent analysis by Bloomberg Intelligence. This amount represents about 3% of the country’s GDP, which means it’s money that … Read more

Louisiana Governor Jeff Landry recently vetoed a bill that aimed to limit bad faith lawsuits against insurance companies, a decision that has drawn criticism from the insurance sector. The bill, known as SB 111 and sponsored by Senator Alan Seabaugh, sought to clarify when claimants could file lawsuits for bad faith against insurers. It proposed … Read more

Homeland Security Secretary Kristi Noem has instructed the Federal Emergency Management Agency (FEMA) to prepare a memo outlining plans to abolish the agency and replace it with a smaller, rebranded disaster response organization. This directive comes as part of the Trump administration’s ongoing effort to reduce the size and scope of FEMA, which has faced … Read more

The life sciences industry is changing the way insurance companies operate. With new technologies and research, insurers are rethinking how they assess risks and set prices for coverage. These advancements could significantly alter the future of risk management. Dan Pardo, an associate casualty broker at Bridge Specialty, is observing these shifts closely. He notes that … Read more

As jury awards continue to rise in the United States, the insurance industry is feeling the pressure. Significant verdicts, often reaching into the hundreds of millions, are pushing liability costs higher. This trend is prompting insurers, corporations, and defense attorneys to rethink their strategies. Experts believe that the next phase in addressing these massive verdicts … Read more