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On July 4, a deadly flood swept through Kerr County, Texas, tragically killing 27 people—most of them children—at Camp Mystic, an all-girls Christian summer camp. The flood struck while many campers were asleep in cabins located in a high-risk floodway along the Guadalupe River. This disaster has brought attention to the dangers facing summer camps … Read more

Permit delays can throw a wrench in any construction project. Whether it’s due to slow responses from local authorities, missing paperwork, or changes in design, these delays can disrupt schedules and increase costs. Shawn Gentry, a senior loss control construction manager at Central Insurance, says how contractors respond to these delays is what really matters. … Read more

This spring, water levels in the main reservoir supplying Rapid City dropped so low that city officials had to start water-use restrictions much earlier than usual. The low water and ongoing drought conditions forced the state to delay putting in public boat docks at the reservoir in Pennington County. While rains in July and August … Read more

The property insurance market is starting to show signs of easing after several tough years. While the market still holds onto some strict rules set during the hard times, there are clear signs that things are beginning to soften. Travis Hodges, managing director at VIU by HUB, shared his thoughts on the changes with Insurance … Read more

The insurance merger and acquisition scene is shifting in a big way. Carriers, brokers, and investors are having to rethink their plans as the market changes. David Hitsky, a partner at L.E.K. Consulting and head of its insurance practice, says these shifts come from economic pressures and bigger industry changes that will carry on into … Read more

Insurance companies around the world are changing how they connect with customers. Instead of treating customers as just policy numbers, insurers are now using artificial intelligence (AI) and smart digital systems to offer more personal, tailored experiences. This shift is happening fast as companies work to meet higher customer expectations and stay competitive. Big names … Read more

A financial advisor from Michigan is facing serious charges in court over claims of insurance fraud. Todd Bernstein, 67, who lives in Birmingham, is accused of providing false information on annuity applications for his clients, all of whom are over 65 years old. The allegations say he tried to hide the fact that these new … Read more

Lloyd’s of London is launching an independent investigation after AIG decided to pull its support for John Neal as the next chair. This decision came following allegations about a workplace relationship during Neal’s time at Lloyd’s. The news broke after AIG dropped Neal’s candidacy upon discovering the issue. In response, Lloyd’s has hired an outside … Read more

Cyber insurance is becoming more important as businesses face growing cyber threats. With more companies relying on digital tools, the risk of cyberattacks like data breaches and ransomware is rising. To help businesses protect themselves, several top insurers in the US offer specialized cyber insurance policies. Leading the pack is Chubb, a global insurance giant … Read more

In Florida’s crowded car insurance market, Progressive Group stands out as the clear leader, holding over 32% of the market share. The company offers a wide range of coverage options from the state-required minimum to full coverage packages, including bodily injury liability, collision, and comprehensive insurance. Progressive’s average annual rate for full coverage sits around … Read more