Insurance
High Temperatures, Wildfire Smoke May Trigger Protections for Washington Workers
Worker safety regulators in Washington are warning businesses that temperatures and wildfire smoke are making for hazardous conditions for outdoor workers. The Washington State Department of Labor & Industries issued a notice to employers and workers about which weather conditions …
Read More Louisiana Insurers Must Disclose Prior Policy Premiums Under Controversial New Law
Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder. Louisiana Insurance Commissioner Tim Temple sent an advisory letter to insurers this week notifying …
Read More California Surplus Lines Take-up Soars as Brokers Work to Find Coverage for Clients
The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the surplus lines …
Read More State Farm Implements 27% Rate Increase for Illinois Homeowners
State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike has drawn the ire of …
Read More Diageo Calls Tequila Purity Allegation ‘Baseless’ as Lawsuit Proceeds
Diageo on Monday filed an initial response to a lawsuit accusing the spirits giant of misleading U.S. consumers about the purity of some of its popular tequila brands, calling the claim “baseless.” The company, which also owns whisky brands such …
Read More London Market Brokers, Associations Welcome Move to Create UK Captive Domicile
The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the London market. The government aims to deliver …
Read More Antitrust Enforcers ‘Get Out of the Way’ of Multibillion-Dollar Deals
President Donald Trump’s antitrust enforcers recently cleared a string of multibillion-dollar deals in a week, demonstrating a willingness to settle with companies that marks a shift from the Biden administration. The U.S. Department of Justice’s Antitrust Division and the U.S. …
Read More TWIA Actuarial Committee Recommends No Rate Change for 2026 Policies
The Texas Windstorm Insurance Association actuarial and underwriting committee on Monday voted to recommend no rate change for 2026 residential and commercial policies. The TWIA board of directors will consider the recommendation when they meet on August 5. TWIA must …
Read More Commerce Department Launches Investigation of Drones, Setting Stage for Tariffs
The US Commerce Department launched investigations into imports of drones, parts for unmanned aerial vehicles and for polysilicon, a key material for solar power, setting the stage for possible tariffs on those goods. The probes were launched on July 1 …
Read More Michigan Construction Company Sued for Allegedly Scamming Customers
Michigan Attorney General Dana Nessel announced a lawsuit against Hummingbird Construction Co., LLC and its owner, Matthew Ashline, for allegedly scamming multiple customers by accepting deposits for construction projects never started and then failing to return the funds. The lawsuit, …
Read More