Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025
Insurance claims volumes in the United States declined across most lines in 2025 due at least in part to less severe weather, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. …
CRC Group Adds Murphy as Casualty Broker; Peachtree Group Names Morey VP
CRC Group, a wholesale specialty insurance distributor, has added a broker to its specialty team, based in Charlotte, North Carolina. Will Murphy has experience in commercial insurance advisory and casualty brokerage, with a focus on business development and client engagement, …
With Florida Businesses Facing Higher Costs, Is Premium Financing an Answer?
Florida’s population is growing rapidly, with over 23 million residents currently, and a projected growth of approximately 1.24% annually. Florida’s attractive business climate and tax policies, in contrast to states like New York and California, keep its competitive draw for …
Bodies of 2 Workers Found Days After Collapse at Hospital Parking Garage
The bodies of two workers trapped when a stairwell roof collapsed at a parking garage under construction in Philadelphia have been found, authorities announced Monday morning. The section of roof at the Children’s Hospital of Philadelphia’s garage fell Wednesday, triggering …
Personnel Staffing to Pay $155K in Sex Discrimination Charge
Alabama-based Personnel Staffing Inc., a staffing service for more than 15 southeastern states U.S., will pay $155,000 to a class of female employees, as the result of an investigation by the Equal Employment Opportunity Commission (EEOC). The EEOC said its …
Seven States in West Added to IBHS Expands Wildfire Prepared Program
Seven new states in the Western U.S. are now part of a new wildfire preparedness designation program designed to help homeowners and builders in high-risk areas better protect properties and neighborhoods. The states were among 10 added to the Insurance …
World Insurance Adds C&A Agency Serving New York’s Diverse Communities
Insurance broker World Insurance Associates LLC reports it acquired the business of C&A Insurance Agency of New York, New York on December 31, 2025. Established in 1985, C&A Insurance provides insurance to individuals, families, and businesses across New York and …
People Moves: Marsh Gives CFO McGivney Added COO Role, Names Griffith Global Logistics Lead, Marsh Risk; Costonis Is Resource Pro President of Insurance Solutions
Marsh appoints CFO McGivney as EVP and COO; Names Griffith Global Logistics Practice Leader, Marsh Risk Marsh named Chief Financial Officer Mark McGivney to the additional roles of executive vice president (EVP) and chief operating officer (COO) of the firm, …
Vehicle Complexity Complicates Auto Valuation, Says JD Power
The number of unique vehicle configurations sold in the U.S. surpassed 600,000 in the 2025 model year, creating a growing challenge for auto insurers as they work to capture the configuration and replacement value of modern vehicles. JD Power shared …
Public Interest Groups Backing California Homeowners Insurance Bills
A coalition of 40 groups ranging from wildfire survivors to environmental to small business to and community organizations called on lawmakers to pass four bills in California Legislature they say will help people buy and keep homeowners insurance coverage. The …
Tesla’s Gigafactory Water Use Surges in Austin as New Chip Plant Looms
Tesla’s Giga Texas increased its annual treated water use by more than 200 million gallons in just two years, raising concerns about whether Austin can fulfill its long-term water conservation plans as Elon Musk advances plans for a new semiconductor …

