Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets July 7, 2025 By L.S. Howard Insurtech wefox has secured funding of €151 million ($177.8 million), which will enable the company to build its core market...
A Look at Some of the Deadliest Floods in the US in the Last 25 Years July 7, 2025 By Adrian Sainz Flooding has caused an average of more than 125 deaths per year in the United States over the past few...
ICE Raids Derail Los Angeles Economy as Workers Go Into Hiding July 7, 2025 By John Gittelsohn Los Angeles was already struggling to revive its fragile economy after the most destructive wildfires in its history erupted six...
People Moves: MEMIC Hires Ennis and Promotes Lagasse July 7, 2025 The MEMIC Group, headquartered in Portland, Maine, promoted Karl Lagasse to vice president of business technology and hired Jason Ennis...
California Wildfire Grows to Nearly 80,000 Acres, Forcing Evacuations July 7, 2025 A wildfire on the central coast of California has grown to 84,080 acres, prompting evacuation orders and closing part of...
MarketScout: Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8% July 7, 2025 According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter to 4.6%....
Scientists Transplant Corals to Help Save Miami’s Reefs From Climate Change July 7, 2025 By Cody Jackson A team of scientists from the University of Miami, the Florida Aquarium and Tela Marine in Honduras is working together...
Chantal Rain Brings Flash Flood Worries in Carolinas, Virginia July 7, 2025 MIAMI (AP) — Tropical Storm Chantal was downgraded to a depression Sunday but raised concerns of possible flash flooding as...
Marsh Suit Against Alliant Alleges Poaching of Commercial Surety Team, Accounts July 7, 2025 By Andrew G. Simpson Insurance broker Marsh USA is suing rival Alliant Insurance Services, this time for allegedly poaching key commercial surety employees and...
Maryland Unveils Details of Telematics Programs, Practices and Popularity July 7, 2025 The number of Maryland auto insurance policies enrolled in a telematics program has been consistently growing, increasing by about 45%...