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Climate Change Made LA 35% More Primed to Burn, Scientists Say

3 meses 2 semanas ago
Climate change made Southern California’s dangerous wildfire conditions in early January 35% more likely than they would have been before the industrial era, according to a new analysis by the scientific group World Weather Attribution. Greenhouse gas pollution raised temperatures, …
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Trucordia Acquires Louisiana’s CADA

3 meses 2 semanas ago
Trucordia has acquired the insurance business of CADA Insurance Services which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. “The CADA Insurance team is a welcome addition to Trucordia,” said Trucordia CEO Felix Morgan. “They share …

Trump Asserts Federal Government Power Over California Water

3 meses 2 semanas ago
President Donald Trump is asserting more federal government control over water management decisions in California and ordering U.S. officials to override local authorities, casting the steps as necessary to boost the state’s firefighting capabilities. The actions — enshrined in an …
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2025 Agency Salary Survey: Deadline Approaching

3 meses 2 semanas ago
It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine. ALL retail agency owners, principals, producers, CSRs — the entire agency — should participate and be …

APCIA: Insurance Markets Work Best Without Excessive Price Regulation

3 meses 2 semanas ago
The American Property Casualty Insurance Association (APCIA) recently released a report that concludes over-regulation impedes insurance markets “Insurance markets function best when allowed to operate competitively, free from excessive price regulation,” said Robert Gordon, APCIA’s senior vice president, policy, research …

Everest Group Boosts Casualty Loss Reserves $1.7 Billion

3 meses 2 semanas ago
Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The company, which writes more than twice as much reinsurance premium as insurance premium, …
Susanne Sclafane