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Nearly four months after devastating wildfires swept through the Los Angeles area, some residents are beginning the challenging process of rebuilding their homes. In neighborhoods like Pacific Palisades and Malibu, construction crews have started framing new houses on lots where only remnants of the past remain, such as charred fireplaces and debris. The January 7 … Read more

Kansas Insurance Commissioner Vicki Schmidt recently shared important data about storm damage claims in the state for 2024. This year, Kansas saw a total of 56,778 storm claims, with insurance companies paying out a substantial $612 million for these claims. Among the counties, Johnson County experienced the highest payouts, while Greeley County reported the lowest. … Read more

TeleMessage, a messaging app used for archiving communications, is currently under investigation for a potential security breach. The app was reportedly used by former National Security Adviser Michael Waltz, who was photographed sending messages to other officials in the Trump administration. A spokesperson for TeleMessage confirmed the investigation and announced that the app’s services have … Read more

Insurance Business America is reaching out to professionals in the field to gather insights on the current state of professional liability coverage. They are particularly interested in hearing from brokers about their experiences with today’s policies and the quality of service provided by insurers. With numerous options available in the market, the organization is asking … Read more

A recent survey by Gallagher has revealed that U.S. business owners are increasingly worried about various risks that could impact their operations in the coming year. Conducted with 1,000 business owners, the survey highlights significant concerns over cyberattacks, supply chain disruptions, and severe weather events. According to the findings, 72% of respondents expressed fears about … Read more

As the workforce in America ages, employers are facing new challenges related to workplace injuries and their costs. Older workers, who often bring valuable experience and reliability, also come with increased risks of serious injuries and longer recovery times. This shift is prompting businesses and insurers to rethink how they handle workers’ compensation claims. Experts … Read more

Minnesota lawmakers are taking steps to help low-income residents get affordable car insurance. A new bill, known as HF 2215, aims to create the Minnesota Lifeline Insurance Program. This program would offer a state-backed auto insurance option for those whose household income is at or below 300 percent of the federal poverty level, which is … Read more

The insurance industry is voicing strong opposition to the Federal Insurance Office (FIO), which has been a topic of concern since its establishment in 2010. Industry leaders, including the National Association of Mutual Insurance Companies (NAMIC) and the Independent Insurance Agents & Brokers of America, have expressed their worries in a letter to Congressman Troy … Read more

Marsh McLennan Agency (MMA) has recently acquired Arthur Hall Insurance, a well-established insurance agency based in West Chester, Pennsylvania. Although the financial details of the deal were not disclosed, this acquisition marks a significant move for MMA as it expands its reach in the insurance industry. Founded in 1966, Arthur Hall Insurance specializes in providing … Read more

The program distribution landscape is changing, with traditional retail and wholesale channels increasingly merging into program distribution. This shift is driven by new fronting carriers seeking efficient ways to deploy their resources. Chris Pesce, president of One80 Programs at One80 Intermediaries, noted that the growth in this sector is expected to continue. In a recent … Read more