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Insurance companies are facing scrutiny over how they report their financial health, particularly regarding the combined ratio. This metric, which combines loss and expense ratios, has become a focal point of discussion among industry leaders. Many executives, including CFOs, often cite a combined ratio over 100 as a sign of financial trouble. However, this raises … Read more

Light industrial operations are a common topic in commercial insurance discussions, but many people might not fully understand what they entail. Generally, light industrial businesses include machine shops, sheet metal work (limited to shop settings), and the manufacturing or assembly of smaller goods like metal products, electrical components, or food items. These businesses often operate … Read more

The Honolulu Police Department is facing scrutiny after a lawsuit from the American Civil Liberties Union of Hawaii. The lawsuit claims that police are arresting sober drivers in a push to increase DUI arrests. This has raised serious concerns about the department’s practices and the potential for wrongful arrests. According to the lawsuit, many drivers … Read more

Recent cyber incidents highlight the growing risks associated with third-party vendors, particularly in the technology sector. These risks have resulted in a surge of cyber insurance claims, primarily due to data breaches and increasingly, ransomware attacks. The impact of these incidents can be severe, affecting not just the vendors but also their clients, leading to … Read more

Carpet installation is more than just laying down a beautiful floor covering; it requires the right tools and techniques to ensure a safe and effective job. Thomas McMillan, a commercial lines staff underwriter at Central Insurance, recently shared insights on the crucial tools and risks involved in carpet installation during a discussion aimed at professional … Read more

Premium renewal rates for commercial insurance have shown mixed results in early 2025, according to the latest Ivans Index report. While most major lines of insurance saw year-over-year increases, workers’ compensation is the exception. The report, which tracks premium renewal rates, indicates a general decline in rates compared to the previous quarter, with the notable … Read more

The North Dakota Supreme Court recently made an important ruling regarding personal liability for unpaid workers’ compensation premiums. In a decision issued on July 11, the court clarified the extent to which corporate officers can be held responsible when their companies fail to pay these required premiums. The case, known as State of North Dakota … Read more

Personal insurance litigation in Florida has seen a significant drop, falling nearly 25% in the first half of 2025 compared to the same period last year. This decline is attributed to recent legal reforms, according to the Florida Office of Insurance Regulation (OIR). The trend of decreasing litigation rates is not new. From 2023 to … Read more

The California Department of Insurance (CDI) has taken action against a Florida-based company, Innovative Partners LP, for allegedly selling health insurance plans without proper authorization. The CDI issued a cease-and-desist order, claiming the company marketed and sold what it called “phony” single-employer health plans while operating without a license in California. Innovative Partners reportedly grew … Read more

After losing their biggest market for exports due to trade tensions, U.S. farmers are looking to President Trump for support in boosting biofuels. This comes as they face the possibility of having their crops go unsold and stored away. The administration plans to announce how much biofuel will be blended into fossil fuels for the … Read more