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Nearly half of the United States is facing hot and humid conditions this week, with temperatures and humidity rising from Chicago all the way to New York City and New Orleans. This heat wave is pushing power use higher and creating health risks for many people. Heat warnings and advisories cover a wide area, stretching … Read more

The Hartford saw its net income jump 35% to $990 million in the second quarter of 2025, thanks to a strong comeback in its personal lines business. This marks a big turnaround from the loss the company experienced in the same quarter last year. Property and casualty written premiums grew by 8% compared to the … Read more

Insurers are responding to rising regulatory attention not by changing their policies outright but by being more careful in how they assess each client. Instead of blanket adjustments to coverage, underwriters are focusing more on the details of individual firms, including their leadership, investment approaches, and customer bases. Jessica Thayer, senior vice president and financial … Read more

Changes in insurance rules from Fannie Mae and Freddie Mac are causing big headaches for owners of multifamily properties, especially smaller landlords. Danielle Lombardo, vice chair at Howden US, says new requirements for liability insurance don’t match what insurers are actually willing to provide. This mismatch is pushing some property deals toward foreclosure and giving … Read more

The cyber insurance market is seeing one of its softest phases in years, with premiums dropping and policies becoming easier to get. But industry experts warn this doesn’t mean cyber risks are getting any safer. In fact, the opposite is true. While there’s plenty of capacity and competition among insurers, threats driven by artificial intelligence … Read more

Johnson & Johnson Inc. is set to acquire the assets of Erickson-Larsen, Inc., a wholesale insurance firm with offices in Maple Grove, Minnesota, and Fargo, North Dakota. The deal is expected to close on August 1, 2025, expanding Johnson & Johnson’s reach into the Upper Midwest. Erickson-Larsen works closely with independent retail insurance agents across … Read more

Texas businesses involved in trade with Mexico and other countries are bracing for a sharp increase in tariffs that could start as soon as Monday. The potential 30% tariff hike threatens to hit industries that rely heavily on imports and exports, especially the produce sector, which depends on close ties with Mexico. Since early this … Read more

Construction work is known to be risky, with injuries and deaths still happening despite safety training. Shawn Gentry, a senior loss control construction manager at Central Insurance, points out that the main causes often come down to human error and poor safety habits, rather than lack of skill or knowledge. One of the biggest dangers … Read more

A tobacco warehouse manager from Danville, Kentucky, has admitted to playing a key role in a years-long crop insurance fraud scheme. Thomas Kirkpatrick pleaded guilty last week to conspiracy to commit money laundering. Between 2014 and 2020, Kirkpatrick provided fake paperwork to farmers claiming they bought tobacco from his warehouse. In truth, he reimbursed them … Read more

California is taking a big step to change how it handles the costs of climate disasters like wildfires and floods. Last month, Governor Gavin Newsom signed an executive order that aims to bring different parts of the state government together to figure out fair ways to share the financial risks caused by extreme weather. This … Read more