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

Insurtech 1Fort Raises $7.5M to Support AI Binding Tech for Brokers

1Fort, the AI platform for business insurance, announced it raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing …

Elevate Your Agency: Expand into Commercial Lines with EZLynx and Tarmika

This post is part of a series sponsored by EZLynx. As an independent agent, chances are you’re always on the lookout for new ways to diversify your business and boost revenue. If you’ve spent years building a solid personal lines …

People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany

Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East Specialty MGA Africa & Middle East, part of MNK Group and a sister company of Specialty MGA UK, announced the appointment of two new senior underwriters as it strengthens …

Black Residents Get Most of the Pollution But Few Jobs From Chemical Industry: Study

Residents of the mostly Black communities sandwiched between chemical plants along the lower Mississippi River have long said they get most of the pollution but few of the jobs produced by the region’s vast petrochemical industry. A new study led …

Former Texas Insurance Broker Charged in Alleged Scam

A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …

Man Arrested Outside UnitedHealthCare Threatened to Shoot Up Headquarters

A man who was arrested outside the headquarters of UnitedHealthcare had a history of mental health issues and threatened to shoot up corporate facilities, according to charges filed Tuesday. The 26-year-old was charged Tuesday in Hennepin County District Court with …

Marsh McLennan Reports Organic Q1 Growth of 4%, a Decrease From Q1 2024

Marsh McLennan reported consolidated revenue during the first quarter of $7.1 billion, an increase of 9% compared with Q1 2024, or 4% on an underlying (organic) basis. MMC had organic growth of 9% in Q1 2024. Q1 operating income was …

EPA Considers Weakening Regulations on Coal Ash Disposal

In 2022, federal officials rebuked a major coal plant next to the Ohio River for letting coal waste — in a pile so big it could fill the Dallas Cowboys’ football stadium twice over — threaten groundwater with heavy metal …

Coal Country Voices Say Closure of MSHA Offices Endangers Mine Safety

Retired coal miner Stanley “Goose” Stewart questions whether it’s safe for anyone to work in the industry right now. The Department of Government Efficiency, created by President Donald Trump and run by Elon Musk, has been targeting federal agencies for …

AM Best Revises Outlooks to Negative for Virginia’s Loudoun Mutual Insurance Co.

AM Best has revised the outlooks to negative from stable of Loudoun Mutual Insurance Co. of Waterford, Virginia based on the “deterioration in Loudoun’s underwriting and operating performance” in recent years and corresponding “decline in overall risk-adjusted capitalization.” At the …