Truck insurance brokers encounter a critical juncture amidst fluctuating market conditions.

The trucking insurance market is facing significant challenges, leaving many brokers and their clients in a tough spot. With insurance premiums skyrocketing, legal uncertainties rising, and some insurers exiting the market, brokers who fail to adapt could jeopardize their clients’ businesses. Kenny Planeta, a transportation broker at Heffernan Insurance Brokers, highlights a dramatic shift in … Read more

Lockton announces $4 billion in revenue for fiscal year 2025.

Lockton, Inc., a major independent insurance brokerage, has announced impressive global revenues of $4 billion for the fiscal year ending April 30, 2025. This marks the fifth year in a row that the company has achieved double-digit organic growth. The firm credits this success to its commitment to clients and its focus on organic growth. … Read more

In what ways are client expectations changing?

In a recent episode of Insurance Business TV’s Big Question series, industry experts gathered to discuss how client expectations are changing in the insurance sector. The conversation highlighted the growing demands of clients and the efforts being made to meet those needs. The episode features insights from various professionals who shared their perspectives on the … Read more

Citadel Advocates for Four-Year Non-Compete Agreements in Its Home State of Florida

Ken Griffin’s Citadel is pushing for a new law in Florida that would allow employers to enforce four-year non-compete agreements and garden leave for high-earning employees. This proposed legislation has moved swiftly through the state legislature and is now awaiting the governor’s approval. Supporters argue that it will help keep companies competitive by preventing key … Read more

FTX Lawsuit Against Tom Brady, Stephen Curry, and Others Is Streamlined

A federal judge has decided not to dismiss a lawsuit against several high-profile celebrities, including sports stars Tom Brady, Stephen Curry, and Shohei Ohtani. The lawsuit claims that these celebrities misled investors while promoting the now-collapsed cryptocurrency exchange, FTX. The investors allege that the celebrities ignored warning signs and concealed large payments they received for … Read more

California court overturns DPR compensation ruling due to evidence error.

A recent decision by a California appellate court has overturned a workers’ compensation ruling involving DPR Construction and its insurer, National Union Fire Insurance Company. This ruling, made public on June 11, 2025, serves as a crucial reminder for insurers about the importance of following procedural rules in claim disputes. The case revolves around Alonzo … Read more