South Korea Penalizes ‘Negligent’ SK Telecom Over Major Data Leak July 7, 2025 South Korean authorities ordered on Friday SK Telecom to strengthen data security and imposed a fine after the country’s biggest...
Big I Celebrates Continued Tax Deduction for Many Independent Agents July 7, 2025 The Independent Insurance Agents & Brokers of America (Big “I”) last Thursday celebrated the passage of the “One Big Beautiful...
Study Examined Liability Insurance for Adult Family Homes in Washington July 7, 2025 A report submitted to the Washington State Legislature examines the state of the liability insurance market for adult family homes...
People Moves: WCIRB Names Sanders Chief Customer Operations Officer July 7, 2025 The Workers’ Compensation Insurance Rating Bureau of California named Eric Sanders senior vice president and chief customer operations officer. Sanders...
Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers July 7, 2025 A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury...
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks July 7, 2025 In the long conflict between insurance carriers and public claims adjusters, Florida’s Citizens Property Insurance Corp. has altered the rules...
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm July 7, 2025 Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for...
Oklahoma Expands Second Pilot Launch of Fortified Grants Program July 7, 2025 The Oklahoma Insurance Department said that it has expanded its second pilot launch of OKReady, a program that allocates up...
AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1 July 7, 2025 Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in...
US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS July 7, 2025 U.S. commercial insurance rates went up again in first-quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance...