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Hub International Limited has acquired Dansig, Inc., which operates under the name Dansig Insurance Risk Advisors. The deal, announced recently, did not disclose financial terms. Dansig is based in Decatur, Illinois, and provides a range of services. They specialize in employee benefits and offer both commercial and personal insurance. Their goal is to help clients … Read more

State Farm General has decided to lower its proposed rate increase for homeowners insurance in California. Initially, they sought a 21.8% hike, but after discussions during a hearing with the California Department of Insurance (CDI), they have agreed to reduce it to 17%. This decision comes as part of a broader effort to address the … Read more

The Colorado Fair Plan has officially begun issuing insurance policies, marking a significant step for homeowners and businesses in the state. This initiative comes two years after Colorado passed legislation to create an insurer of last resort, as reported by AM Best. The Colorado Fair Plan aims to provide essential property coverage for those who … Read more

Hawaii is set to reopen its Hurricane Relief Fund (HHRF) this summer, marking a significant shift in the state’s approach to property insurance. The Department of Commerce and Consumer Affairs announced that the fund, which has been inactive since the early 2000s, will begin issuing policies soon. This move comes as the state grapples with … Read more

An Iowa man has been sentenced to ten years in prison for committing insurance fraud. Bryce Douglas Murphy, 33, from Peosta, pleaded guilty to charges of Insurance Fraud and Fraudulent Practice, both classified as Class D felonies. His case was investigated by the Iowa Insurance Division’s Fraud Bureau. Murphy made a false claim to an … Read more

Severe storms and heavy rains have caused significant damage across 14 states in the South and Midwest of the United States, leaving over 400,000 people without power. The storms brought record rainfall to areas like Memphis and eastern Missouri, with more rain expected through the weekend. The hardest-hit regions include the central Mississippi River Valley … Read more

Measles outbreaks are spreading across Texas, Oklahoma, and New Mexico, raising alarms among health officials. This week, Texas reported 22 new cases, bringing its total to 422 cases across 19 counties. The outbreak, which began two months ago, has now reached central Texas, with Erath and Brown counties recording their first cases. So far, 42 … Read more

Connecticut is taking significant steps to bolster its defenses against severe weather. Andrew N. Mais, the Commissioner of the Connecticut Insurance Department, recently shared updates about the state’s Severe Weather Mitigation & Resiliency Advisory Council. This council, formed in October 2024, is dedicated to developing strategies to protect homes and businesses from the impacts of … Read more

The revival of manufacturing in the United States is gaining attention, thanks to government support and efforts to bring jobs back home. This renewed focus on domestic production is prompting companies to rethink how they manage risks, especially in light of new challenges. One area that is becoming increasingly important is errors and omissions (E&O) … Read more

Louisiana is facing a significant debate about high auto insurance premiums, with Governor Jeff Landry and Insurance Commissioner Tim Temple presenting differing views on how to tackle the issue. Both officials recently held press conferences where they expressed the need for reform but disagreed on the causes and solutions. Governor Landry proposed a plan that … Read more