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Erie Indemnity Company has reported a strong financial performance for the second quarter of 2025, with net income rising to $174.7 million, up from $163.9 million in the same quarter last year. This growth reflects a solid year-over-year increase, showcasing the company’s resilience in the insurance market. For the first half of 2025, Erie Indemnity’s … Read more

Fence contractors face a variety of risks that can lead to serious challenges for their businesses. From injuries caused by sharp materials to legal disputes over improperly installed fencing, having the right insurance coverage is essential. Thomas McMillan, a commercial lines staff underwriter at Central Insurance, recently discussed these risks and the insurance options available … Read more

At least four people have died in San Antonio following severe flooding caused by heavy rainfall. The storm has left many roads submerged, stranding motorists and prompting emergency water rescues throughout the city. Rescue operations began early Thursday morning, with local fire officials reporting that they are still searching for two individuals who are currently … Read more

Beazley and QBE Insurance have recently made significant appointments to strengthen their teams. Beazley has welcomed Stefan Wunderlich as the new head of parametric insurance. He will report to Richard Montminy, the group head of property risks, and will be based in Zurich, Switzerland. Wunderlich brings over 20 years of experience from Swiss Re, where … Read more

USAA, an insurer dedicated to serving military veterans and their families, is expanding its operations with a new office in Chesapeake, Virginia. This new space will be larger and is intended to support the company’s growing membership and workforce. The move is set for March 2026, and the new office will be just a five-minute … Read more

In the bustling world of small businesses, choosing the right shipping service is crucial. It can significantly impact customer satisfaction and overall profits. Whether you run a retail shop, an e-commerce site, or a packaging business, having a solid shipping strategy is essential. Factors like delivery times and insurance coverage should be at the forefront … Read more

Environmental regulations are tightening for hazmat trucking companies across the United States. New rules on emissions, spill coverage, and liability are being introduced at both state and federal levels, creating significant challenges for operators in this sector. Tony Kingsolver, a senior vice president at The Liberty Company Insurance Brokers, emphasizes the importance of compliance. He … Read more

A recent study has revealed interesting trends in how insurance companies in the United States are managing their reserves. The analysis, which looked at the top 20 insurers based on their reserve-to-paid-loss ratio, found that 45% of these companies are taking a cautious approach to setting aside money for future claims. In contrast, 30% are … Read more

A significant insurance dispute is unfolding in South Carolina, where Selective Insurance is seeking relief from liability in a tragic accident involving a company officer’s vehicle. The case centers on a fatal crash that occurred on October 19, 2024, in Lexington County, involving a truck driven by Christopher Bryan Edwards, the chief operating officer of … Read more

The U.S. Small Business Administration (SBA) has declared a major disaster for several counties in Missouri following severe weather that struck from March 30 to April 8, 2025. The affected areas include Bollinger, Butler, Cape Girardeau, Carter, and others. This declaration, made on May 21, 2025, opens the door for Private Non-Profit organizations that provide … Read more