One of the largest auto insurers in Louisiana is implementing a double-digit rate decrease. Louisiana Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an 11.8% rate decrease, which takes effect Jan. 1, 2026. The …

Insurance agencies and brokerages are drowning in data. It flows in from clients and prospects, through client servicing teams, and out to carriers, who also send back data for agents and brokers to process. Like many industries, ingesting data efficiently …

Brokerage Brown & Brown announced updates to its retail segment leadership team as part of its ongoing integration efforts following the acquisition of Risk Strategies. The leaders from Risk Strategies listed below will join the existing retail segment leadership team …

If Florida’s insurance market needed more indication that 2022 legislative reforms have made a big difference in the cost of doing business in the state, one of the biggest names in reinsurance has provided it. “Clearly, it is time for …

Georgia’s highest court on Tuesday sided with Black landowners in a fight over zoning changes that weakened long-standing protections for one of the South’s last Gullah-Geechee communities founded by freed slaves. The state Supreme Court unanimously reversed a lower court …

California Insurance Commissioner Ricardo Lara appointed Veronica Saldaña as the newest member of the California Organized Investment Network advisory board and Jason Meyerson to the curriculum board of the California Department of Insurance. COIN was established in 1996 within the …

Protecdiv Promotes DelaCruz to EVP. Head of Analytics Insurance and reinsurance brokerage Protecdiv, headquartered in Philadelphia, Pennsylvania, promoted Cate DelaCruz to executive vice president and head of analytics at Protecdiv. DelaCruz joined Protecdiv as senior director of analytics in May …

For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more than $75,000 in his insurance …

AM Best revised the outlook for Golden Bear Insurance Company from stable to negative, while the ratings agency affirmed the carrier’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent). The ratings reflect Stockton, …

A former New Jersey insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, of Clementon, has been charged with insurance fraud and …

Texas will no longer issue or renew commercial driver’s licenses to DACA recipients, refugees or people with asylum, the Texas Department of Public Safety announced Monday. Commercial driver’s licenses, or CDLs, are for driving vehicles for business purposes, such as …

B.P. Marsh & Partners Plc, the specialist private equity investor, announced it has taken a minority stake in Oneglobal, the London-based retail and wholesale insurance broker, which is majority owned by PE firm J.C. Flowers & Co. The investment will …

September turned out to be a slumber for hurricane watchers. For the first time in a decade, the month of September produced no hurricane landfalls in the United States. Seven of the previous eight years this occurred, no hurricane made …

This edition of International People Moves details appointments at AXA XL Reinsurance and Aon. A summary of these new hires follows here. AXA XL Reinsurance Appoints Kopf From Swiss Re as Senior Underwriter Aviation AXA XL Reinsurance announced that Jennifer …

Missouri Attorney General Catherine Hanaway announced today that her Office has filed felony charges against a St. Peters insurance agent following an investigation into deceptive practices. Pamela Walsh faces nine counts of Deceptive Business Practices, a Class E felony under …

World Insurance Associates LLC announced that it acquired the business of ACB Insurance Inc. (“ACB”) of Indianapolis, Indiana on June 1, 2025. Terms of the transaction were not disclosed. ACB provides insurance to individuals, families and businesses. The agency is …

The U.S. Occupational Safety and Health Administration has fined a Florida commercial painting contractor $877,000 – one of the largest OSHA fines in recent years – six months after a worker fell from a bridge near Savannah, Georgia. Seminole Equipment …

Geopolitical volatility has surged into a top 10 business risk with cyber risk remaining the number one concern globally, followed by business interruption at number two, according to Aon’s 2025 Global Risk Management Survey, which has tracked the most pressing …

AM Best has affirmed its Performance Assessment of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. of Boston. AM Best said the outlook of the assessment is stable. The ratings firm said its PA-3 assessment of the Massachusetts-based managing general …

The closure of the federal government will curtail or halt some US climate disaster preparedness and environmental programs — and even potentially delay real estate transactions within the nation’s flood zones. That’s because the major source of flood insurance for …