Article

Minnesota is still reeling from a church shooting in Minneapolis that killed two children and injured 21 others. After the tragic event at Annunciation Catholic School on August 27, Governor Tim Walz promised to call a special session of the Legislature to tackle gun violence and improve school safety. But a month later, talks remain … Read more

California Governor Gavin Newsom has signed a new executive order aimed at easing the state’s growing challenges with natural disasters, home insurance affordability, and utility stability. The order pushes various state agencies to work together on finding better ways to handle the costs and recovery efforts from wildfires and other catastrophes. It also seeks to … Read more

In early 2025, a large steel warehouse in the Southwest was completely destroyed by a fire that started outside the building. Despite being well maintained and equipped with an automatic sprinkler system, the 30,000-square-foot warehouse and everything inside it were lost. The blaze began in dry brush near the building and was quickly fueled by … Read more

A Florida Senate committee has given the green light to a new bill aimed at changing how commercial property insurance is handled in the state. The bill, known as Senate Bill 1028, would set up a system for surplus lines insurers to take over certain commercial policies from Citizens Property Insurance Corp., Florida’s insurer of … Read more

In a recent discussion on Insurance Business TV, Aspen’s Rebecca Gitig highlighted a big shift in how the insurance industry faces catastrophic events. What used to happen once every ten years now seems to occur almost every year. This change is pushing the insurance sector to rethink how it prepares and responds—not only for property … Read more

Brokerage stocks took a sharp hit this week after OpenAI unveiled a major announcement about artificial intelligence. But experts say the market reaction is less about immediate risks to revenue and more about long-term questions of who will control how insurance reaches customers. Trevor Jones, a partner at West Monroe specializing in insurance, thinks investors … Read more

NASA has shared its first radar images from a new Earth-mapping satellite, giving a clear look at the Maine coast and farmland in North Dakota. These detailed pictures come from a spacecraft that launched into orbit from India just two months ago. The satellite, called NISAR, is a joint project between NASA and India’s space … Read more

In the world of insurance, there’s a rule that can make it tough for people with certain felony convictions to work in the industry. Known as the 1033 rule, it comes from a federal law that says anyone convicted of a felony involving dishonesty or a breach of trust must get special permission—a “1033 waiver”—to … Read more

Two Democratic senators are raising concerns about how the Trump administration is handling the National Flood Insurance Program (NFIP). Senators Elizabeth Warren from Massachusetts and Andy Kim from New Jersey sent a letter to David Richardson, FEMA’s Acting Administrator, pointing out staff cuts and shifting priorities that they say could put the program at risk. … Read more

A Colorado appeals court has ordered Esurance to pay $35,600 in penalties for failing to provide an auto insurance policy within the state’s required 30-day deadline. The case centers on a policy that, while ultimately not covering the accident, was still considered potentially relevant under Colorado’s insurance disclosure law. The incident began on the morning … Read more