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US annuity sales set new records in the second quarter of 2025, reaching $119.5 billion—an 8% increase from last year, according to a recent survey by LIMRA. This growth marks the highest quarterly sales yet, surpassing the previous record from early 2024. Overall, the first half of 2025 saw total annuity sales hit $226.1 billion, … Read more

Cyber insurer Cowbell has teamed up with Zurich North America to bring a new insurance offering to small- and medium-sized businesses across the United States. This partnership expands Cowbell’s lineup beyond cyber and technology errors and omissions coverage to include a package called Zurich Select Plus. The product combines four types of insurance: Directors & … Read more

In November 2023, about 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico off the coast of Louisiana. The spill happened because the company running the pipeline, Third Coast, didn’t shut it down for nearly 13 hours after their equipment first showed something was wrong, according to a report … Read more

Early Sunday morning, an explosion struck Philadelphia’s north side, causing serious damage to several homes. The blast killed one person and injured two others, who were taken to the hospital. One of the injured is stable, while the other remains in critical condition. Firefighters arrived shortly before 5 a.m. after receiving reports of the explosion. … Read more

Insurance policies often come with fine print that can make a big difference when you need coverage. That’s where endorsements, or riders, step in. These are written changes to an insurance policy that modify its terms, conditions, or coverage. They let you tailor insurance to fit your specific needs, whether that’s adding coverage for a … Read more

Tammy Schultz never imagined her career would lead her into the insurance industry. With a background in journalism and advertising from South Dakota State University, she initially dreamed of working in media, driven by a love of storytelling and curiosity. But life took a different turn, and an entry-level insurance job eventually turned into a … Read more

Kin Insurance, a Chicago-based company founded in 2016 by three fintech entrepreneurs, is making waves in the home insurance market, especially in states prone to natural disasters. The company uses technology and a direct-to-consumer model to offer home, condo, landlord, mobile home, and private flood insurance in 11 states, including Florida, California, Texas, and Louisiana. … Read more

Frontline Insurance is gaining attention as a notable player in the coastal homeowners insurance market. With about $1.5 billion in active premiums and operations in five southeastern states, the company stands out among regional insurers offering specialized coverage for storm-prone areas. Based in Lake Mary, Florida, and founded in 1998, Frontline focuses on property insurance … Read more

Louisiana has become the latest state to officially call natural gas a form of green energy, even though it is a fossil fuel that contributes to climate change. Governor Jeff Landry, a strong supporter of the state’s petrochemical industry, signed a new law this week that requires state agencies and utility regulators to prioritize natural … Read more

A new report from a Paris-based watchdog shows that while some countries have made progress in regulating cryptocurrencies since last year, many still aren’t doing enough to curb the risks involved. As of April 2025, only 40 out of 138 countries evaluated meet most of the standards set by the Financial Action Task Force (FATF) … Read more