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As political debates over climate policies heat up in the US and UK, some of the largest insurance companies are sticking to their climate strategies. This commitment comes even as environmental groups take legal action against the Trump administration, claiming it is trying to undermine climate science. Dame Amanda Blanc, the CEO of Aviva, emphasized … Read more

A federal jury has ruled that a New Orleans police officer violated the constitutional rights of a couple when he shot and killed their puppy, Apollo. However, the officer, Derrick Burmaster, will not face punishment due to qualified immunity, which protects government officials from liability in certain situations. The couple was awarded $10,400 in damages, … Read more

Purdue Pharma has received backing from the attorneys general of 55 states and territories for a $7.4 billion settlement aimed at resolving numerous opioid lawsuits against the company and the Sackler family, its owners. This support is crucial for Purdue as it seeks court approval for its bankruptcy reorganization plan. The settlement framework was initially … Read more

Artemis Insurance has made a significant move by acquiring Tyner Jeter Insurance, based in Baton Rouge, Louisiana. This acquisition adds another layer to Artemis’s growing presence in the insurance market, as they are already the parent company of Texan Insurance and Ozark Insurance. Tyner Jeter Insurance, which was part of the McInnis Tyner Agency since … Read more

A recent surge in summer thunderstorms is raising concerns for small business owners, who may face significant disruptions from these seemingly less dramatic weather events. On June 14, 2025, a series of severe storms swept across the Northeast, causing widespread damage by uprooting trees and bringing down power lines. Thousands were left without electricity, highlighting … Read more

A new lawsuit in Delaware is shaking up the insurance industry, focusing on collateral protection insurance linked to intellectual property. The Vesttoo Creditors Liquidating Trust has filed a complaint against Aon and China Construction Bank (CCB), claiming their actions contributed to Vesttoo’s downfall, leaving insurers with significant claims. The lawsuit, brought on behalf of creditors … Read more

Small and midsize businesses (SMEs) are facing a growing threat from cybercriminals, yet many of these companies are not prepared to defend themselves. According to experts, limited budgets, stretched IT resources, and misunderstandings about cyber threats and insurance are keeping these businesses trapped in what is known as the “cybersecurity poverty loop.” Mea Clift, a … Read more

A North Carolina insurance agency is facing a lawsuit from a homeowner after his claim was denied due to missing details on his insurance application. The case, which has been ongoing for nearly ten years, has recently gained attention following a decision by the state Supreme Court. In May, the court ruled that the lawsuit … Read more

Independent agents and brokers need to pay close attention to the current state of the umbrella insurance market. Recent trends show significant changes that could affect how they operate and advise their clients. An umbrella policy acts as an extra layer of protection beyond standard liability insurance. It kicks in when the limits of underlying … Read more

A recent study by the Workers Compensation Research Institute (WCRI) sheds light on how rising inflation has affected workers’ compensation medical costs. The 2025 edition of the WCRI Medical Price Index, written by Dr. Rebecca Yang and Dr. Olesya Fomenko, looks at various medical services such as evaluations, physical therapy, surgery, and emergency care, typically … Read more