Features

Commercial Property Market Stabilizing, With Ample Capacity: USI

The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025 Commercial Property & Casualty Market Outlook. Accounts with unfavorable loss …

Ameren Missouri to Pay $61M Over Emission Violations

The U.S. District Court for the Eastern District of Missouri entered an order requiring Ameren Missouri to spend $61 million on projects intended to mitigate violations of the federal Clean Air Act (CAA), including 14 years of unpermitted excess emissions …

Iowa Roofer Ordered to Cease Unlicensed Public Adjuster Services

An Iowa roofing company has agreed to a consent order to stop promoting itself as a public adjuster or providing any public adjuster services on its websites, social media pages and advertisements. Darren Reeves Roofing has also agreed to instruct …

Nebraska Sues Change Healthcare Over Data Breach

Nebraska Attorney General Mike Hilgers filed a lawsuit in Lancaster County District Court against Change Healthcare alleging violations of the state’s Consumer Protection and Data Security Laws. The complaint stems from a 2024 data breach and subsequent operational shutdown that …

Lessons From 2024’s Extreme Weather Events

The year 2024 will be remembered as a defining moment in the history of weather-related catastrophes. From unprecedented heatwaves to catastrophic floods, the devastating effects of extreme weather patterns left no corner of the globe untouched. The year began with …

Did Florida Appeals Court Put the Final Nail in the AOB Coffin? Maybe…

Almost five years after Florida lawmakers clamped restrictions on assignment-of-benefits agreements and two years after they effectively outlawed AOBs altogether, state appeals courts may have finally put an end to at least one creative approach that had been used in …

Cal/OSHA Says Safeway Exposed Workers to Serious Hazards at Largest Warehouse

The California Division of Occupational Safety and Health cited Safeway $182,000 in proposed penalties for safety violations that reportedly put roughly 1,700 workers at risk of serious injuries at the company’s warehouse in Tracy, their largest facility in the nation. …

Lawsuit Filed Against City of New Orleans Over Fatal Truck Attack

Six people who were injured and the father of a man who was killed in the New Year’s truck attack have filed a lawsuit against the City of New Orleans and two contractors, claiming they failed to protect revelers from …

Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’

Insurers saw the third most expensive year for natural catastrophe losses in 2024 — reaching a total of $140 billion — as climate change “is showing its claws,” according to Munich Re. Overall economic losses from natural disasters worldwide reached …

Strategies for Brokers as M&A Slows and Insurance Rates Soften

The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital have slowed M&A activity, with deal flow declining …

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