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

US Labor Board Drops Defense of Law Barring Trump From Firing Democratic Member

The U.S. agency that enforces the labor rights of private-sector workers is abandoning its defense of a law barring the president from removing appointees at will, as President Donald Trump seeks to oust a Democratic member. The National Labor Relations …

Exclusions Make Contractor Coverage Elusive, Builders Say. Appeals Court Disagrees

A federal appeals court decision handed down last week is a victory for a Liberty Mutual surplus carrier, but it highlights what one attorney said is a widespread problem in the construction industry: an alleged “bait and switch” by insurers …

California School District Settles Age Discrimination Case

The Washington Unified School District in Fresno, Calif. settled a federal charge of firing a 65-year-old teacher. The age discrimination charge was filed in April 2022 by the U.S. Equal Employment Opportunity Commission alleging that the employee was denied reasonable …

US Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS

U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.6% …

Lawsuit Aims to End LGBTQ Antidiscrimination Protections in Pennsylvania

Two public school districts and several parents have sued Pennsylvania in a bid to undo antidiscrimination protections for gay and transgender people, saying the state’s two-year-old regulation is illegal because it goes beyond what lawmakers intended or allowed. The lawsuit …

People Moves: Powers Joins Alliant Insurance Services as SVP, Employee Benefits Group

Ashley Powers joined Alliant Insurance Services as senior vice president within its employee benefits group. She is based in Alliant’s headquarters in Irvine, California. Powers has more than 13 years of experience in the benefits industry. Before joining Alliant, Powers …

Trump Organization Sues ‘Woke’ Capital One for Canceling Accounts

President Donald Trump’s company sued Capital One Financial Corp., accusing it of illegally “de-banking” him for political reasons by abruptly canceling hundreds of accounts for his sprawling real estate business after his first term ended in 2021. The Trump Organization …

What Is Distribution Channel Management (DCM)? The Evolution of Compliance.

This post is part of a series sponsored by AgentSync. In the insurance industry, balancing the complexities of compliance, producer onboarding, and distribution strategy has historically been a monumental challenge for agencies, carriers and everyone else in the distribution hierarchy. …

World Insurance Acquires Archambault Associates of Connecticut

World Insurance Associates LLC reports it acquired the business of Archambault Insurance Associates of Putnam, Connecticut in December. Terms of the transaction were not disclosed. Archambault was founded in 1928 by Joseph A. Archambault. Today the third-generation, family-owned, full-service agency …

AM Best Assigns Excellent Rating to MEM

AM Best has assigned Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Ratings of “a-” (Excellent) to Previsor Insurance Company (Centennial, Colo., MEM Protect Insurance Company, MEM Shield Insurance Company and MEM Secure Insurance Company. The outlooks assigned …