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The California Labor Commissioner’s Office has hit several developers and construction project operators in Los Angeles with citations totaling over $2.3 million. These fines came after an investigation uncovered serious wage theft and labor law violations affecting 124 construction workers. The workers were often denied overtime pay, even though they regularly worked more than eight … Read more

This month marks two years since the leader of the Independent Insurance Agents & Brokers of America, known as the Big “I,” took charge as president and CEO. Over this time, independent insurance agents have faced one of the toughest markets seen in years. They have dealt with rising premiums, scarce coverage options, major natural … Read more

The U.S. government has decided to stop defending a rule created under President Joe Biden that banned certain non-compete agreements for workers. These agreements often prevent employees from joining a competitor or starting a similar business after leaving their jobs. The Justice Department recently asked federal appeals courts in New Orleans and Atlanta to drop … Read more

Fulcrum, a platform designed to automate workflows for insurance brokerages, has raised $25 million in a combined Seed and Series A funding round. This funding reflects growing investor interest in insurance technology companies that use artificial intelligence. The round was led by CRV, with participation from South Park Commons, Foundation Capital, and some insurance-focused angel … Read more

US consumer confidence has dropped to its lowest point in over ten years, revealing rising worries about inflation, jobs, and global events. The Conference Board’s Consumer Confidence Index fell by nearly 10 points in January, landing at 84.5—the weakest reading since 2014. This is even lower than levels seen during last year’s tariff tensions and … Read more

The health insurance market took a sharp hit this week after the Trump administration proposed a very small increase to Medicare Advantage payments for 2027. The Centers for Medicare and Medicaid Services (CMS) suggested raising the average payment rates by just 0.09%, a number far below the 4% to 6% increase that many investors and … Read more

A major personal injury law firm, Morgan & Morgan, has taken Disney to court in central Florida over the use of the iconic 1928 animated short film "Steamboat Willie." The firm, famous for its catchphrase "For the people," filed the lawsuit on Wednesday, seeking permission to use images from the film in its advertisements. "Steamboat … Read more

In March 2024, Baltimore’s Key Bridge partially collapsed after being struck by a cargo ship called the Dali. The crash caused six deaths, injuries, and major disruptions to the Port of Baltimore. Now, Maryland is pushing back in court against Synergy Marine, the company that manages the ship, over legal protections it wants to claim. … Read more

Small business insurance companies are facing a challenge: fewer customers say they’ll stick with their current insurer. A new study from J.D. Power shows that only 55% of small business clients—those with 50 or fewer employees—are certain they’ll renew their policies next year. This is a drop of six points from last year. Rising premiums … Read more

Curtis Barton has spent over 20 years in the insurance world, watching the same problem repeat itself: growth that looks good on paper but falls apart in reality. He knows many agencies merge without truly understanding how they work together after the deal. Often, they keep separate systems and data, making it hard to see … Read more