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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

In a recent episode of Insurance Business TV, Ken Reigler from At-Bay Insurance shared insights on cyber risk prevention. The company has recently been recognized as a five-star provider of cyber insurance, which highlights its commitment to addressing the growing challenges in this area. During the discussion, Reigler emphasized the evolution of At-Bay Insurance and … Read more

As performing arts organizations begin to recover from the disruptions of recent years, they are facing a new challenge: a surge in insurance claims. While there is growing hope for recovery, many organizations are still struggling with gaps in their insurance coverage that could threaten their financial health. Stefan Petrella, a senior vice president at … Read more

Hawaii is set to increase the tax on travelers staying in hotels and vacation rentals to help fund environmental protection efforts. This new tax will be part of a bill that is expected to pass easily in the state legislature, where Democrats hold a strong majority. Governor Josh Green has expressed his support and plans … Read more

Residents of Los Angeles County are facing significant challenges, with the high cost of living topping their list of concerns. This issue has intensified, particularly in the wake of the January wildfires that affected many communities in the area. A recent survey conducted by the UCLA Luskin School of Public Affairs highlights these worries among … Read more

With President Donald Trump now in his second term, significant changes are expected for the Occupational Safety and Health Administration (OSHA). This follows the approach taken during his first term and aligns with his broader agenda to reduce regulations. One major issue is that full OSHA enforcement is currently on hold. The Occupational Safety and … Read more

The clothing boutique industry in the United States is booming, with around 198,000 businesses operating across the country. This growth brings excitement, but it also comes with risks that boutique owners must manage. Running a clothing store involves more than just a love for fashion; it requires a solid understanding of business operations and the … Read more