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A legal dispute is heating up between Michael’s Fabrics, LLC and Donegal Mutual Insurance Company over a water damage insurance claim. The case, officially known as Michael’s Fabrics, LLC v. Donegal Mutual Insurance Company, is currently in the hands of Judge Julie R. Rubin at the United States District Court for the District of Maryland. … Read more

Beazley has made a significant move by appointing Lindsay Shipper as the new head of commercial property for North America. This change will take effect on April 1, 2025. Shipper will be working out of Atlanta, Georgia, and will report directly to Richard Montminy, who oversees property risks for the group. Lindsay Shipper brings nearly … Read more

Natural resources companies are set to significantly increase their investments in clean energy technologies in the coming financial year. According to a recent global Clean Energy Survey by Willis, spending in this sector is expected to rise by over 34%, reaching an average of $249 million in 2025, up from $185 million in 2024. This … Read more

New research has revealed that global carbon emissions are intensifying a significant wind pattern in the North Atlantic, which plays a crucial role in driving winter storms across northern Europe. Scientists from the UK’s Met Office and the University of Exeter conducted projections indicating that if greenhouse gas levels remain very high, the North Atlantic … Read more

Delaware is facing an increased risk of wildfires due to ongoing drought conditions and current weather patterns. Officials from the Delaware Forest Service are urging residents to avoid outdoor burning as the situation worsens across all three counties. Last weekend, the National Weather Service, along with state wildfire supervisors, issued a warning about the heightened … Read more

Insurance premiums for technology companies have seen a surprising trend in 2024, according to a recent report from Embroker, a business insurance platform. The report indicates that a softer market has kept premiums steady or even reduced in some areas, making it a more favorable year for tech businesses. Specifically, average premiums for errors & … Read more

Chinese state oil companies are pulling back from buying Russian oil this month. Two major importers have stopped purchases entirely, while others are buying less. This change comes as they look into compliance issues following recent U.S. sanctions against Russian oil producers. The sanctions, imposed on January 10 by the Biden administration, target companies like … Read more

Hippo Insurance has reported significant losses from the recent wildfires in Los Angeles, totaling an estimated $42 million. These losses highlight the ongoing challenges insurers face in areas prone to natural disasters, particularly in California. Rick McCathron, President and CEO of Hippo, emphasized the need for insurers to manage their risks better. He pointed out … Read more

Venbrook Group has taken an exciting step by partnering with Crum & Forster to launch a new international travel insurance practice. This collaboration, announced on March 14, 2025, marks Venbrook’s first venture into direct-to-consumer travel insurance products. Under this new agreement, Venbrook has introduced two travel medical plans specifically designed for non-U.S. citizens visiting the … Read more

Financial stress is becoming a major issue for employees in the workplace, affecting their engagement and productivity. As costs rise due to inflation and economic uncertainty, many workers are looking to their employers for help with their financial health. Ted Kane, a leader in financial security at Brown & Brown, emphasizes that employers have a … Read more