INSURANCE NEWS
75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey
Nearly 75% of recent and prospective buyers believe that homeowners’ insurance could become unaffordable, according to a new Realtor.com survey. Eighty-eight percent of those surveyed believe they will pay more for homeowners’ insurance in the future, and 42% have already …
Uber Sued by DOJ Over Passenger Disability Discrimination
Uber Technologies Inc. was sued by the US Justice Department over claims that the ride-sharing giant discriminates against people with physical disabilities in violation of federal law. The department’s civil rights division alleged in a complaint filed Thursday in federal …
Immigration Raid Disruptions Spread, Casting Pall on Korea Investment
Fallout from last week’s unprecedented immigration raid at a Georgia battery plant run by two South Korean firms is reverberating across the industry, highlighting risks to the billions of dollars the Asian nation has invested in America’s clean energy push. …
People Moves: Blumhagen Joins Willis as Producer for Upstate New York
Insurance broker Willis has appointed Steve Blumhagen as a producer in the Upstate New York market. Based in the Buffalo office, Blumhagen will report directly to David Lofstrom, Northeast Deputy Leader – New England, and work with Vin Looney and …
New Jersey’s Ban on Guns in Sensitive Places Upheld; Insurance Mandate Nixed Again
A federal appeals court on Wednesday upheld a New Jersey law that barred carrying firearms in so-called sensitive places like schools and public gatherings. The 3rd Circuit Court of Appeals, in a 139-page opinion, recounted a longstanding history in the …
7 Years of Double-Digit Growth; New Players on Top 25 E&S Insurers List
[no_auto_dropcap]2024 marked the 7th straight year of double-digit growth for the U.S. excess and surplus lines market, but the top 25 players no longer command 70 percent of the pie, according to a new report. AM Best’s latest report on …
America’s New EU Ambassador Vows to Fight Red Tape for US Companies
The US will defend American companies from digital and environmental regulations taking effect in the European Union that may unfairly target them, according to the new US ambassador to the EU. Concerns include the digital services and the digital markets …
How Europe Lost an Area the Size of Cyprus to Wildfires This Year
Patricia Lamela was driving back to the Galician town of Larouco in northwest Spain when she got the call. It was Aug. 13, just before 7 p.m., and a neighbor told her there was a fire in the forest. Lamela, …
New York State Drought Watch Now in Effect in 50 Counties
The New York State Department of Environmental Conservation announced a drought watch is being expanded by 30 counties, bringing the total to 50 counties under a watch across the state. Governor Kathy Hochul said the action was taken after consulting …
Oklahoma Insurance Department to Host 3rd Annual Insurance Day
The Oklahoma Insurance Department announced it will host the third annual Oklahoma Insurance Day on Wednesday, Nov. 19, 2025, at the Sheraton Oklahoma City Downtown Hotel. This event aims to bring together key players in the insurance sector to discuss …
Brotherhood Works Unveils Solutions Suite for Ministry Staff and Volunteers
Brotherhood Mutual Insurance Company, a provider of property and casualty insurance for Christian ministries, has launched a new brand – Brotherhood Works – to unify and expand the company’s suite of existing products and services designed to support ministry staff …
Indiana Construction Company Fined for Alleged Lead Paint Renovation Violations
The U.S. Environmental Protection Agency (EPA) and the Department of Justice reached a $10,000 settlement with Homeworks Construction Inc. to resolve alleged lead paint renovation violations in South Bend, Indiana. EPA alleged that beginning in 2018, Homeworks Construction performed renovations …