Monthly Archives: <span>January 2025</span>

Uncertainty Looms for Michigan’s EV Industry Amid Federal Policy Changes

While President Donald Trump took aim at the electric vehicle industry last week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its number one destination for electric vehicle …

Trucordia Acquires Louisiana’s CADA

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 …

Corpus Christi Initiates Emergency Effort to Boost Water Supply

On the South Texas coast, the city of Corpus Christi has initiated an emergency effort to boost its water supply as local reservoirs experience a yearslong decline and water demand from big industrial projects continues to grow. The Corpus Christi …

‘World’s Largest Truck Stop’ Fined $390K by EPA

Two truck stops in Iowa and Missouri – Iowa 80, advertised as “the world’s largest truck stop,” and Joplin 44 – agreed to pay a combined $390,784 to resolve alleged violations of the federal Clean Water Act. According to the …

Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows

Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations in the state since the deadly collapse …

Trump Asserts Federal Government Power Over California Water

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 …

2025 Agency Salary Survey: Deadline Approaching

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 …

Not a Bear But a Fake Deer-Collision Claim Results in South Carolina Fraud Charges

First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company. …

Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution

DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention and Response (DUAL CPR) – which …

APCIA: Insurance Markets Work Best Without Excessive Price Regulation

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 …