INSURANCE NEWS
Patriot Growth Adds Florida-based Legacy Insurance to the Team
Patriot Growth Insurance Services, a national insurance brokerage and partnership platform, has announced another team member: Florida-based Legacy Insurance Solutions. Legacy is a family-founded insurance agency with offices in Tallahassee and Palm Beach Gardens. It was founded in 2011. Brand …
Allstate Expects Another $2B Catastrophe Losses in Q2
Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe losses in the second quarter, and estimated the bill to be nearly $2 billion. In reporting monthly catastrophe losses, Allstate estimated $619 million from …
Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4%, compared with an increase of 6% in Q2 2024. …
A Look Inside the Tenn. Lab Making Advanced Fuel for US Nuclear Ambitions
OAK RIDGE, Tenn. (AP) — Near signs that warn of radioactive risk at Oak Ridge National Laboratory, a half-dozen workers from the nuclear power company X-energy are making what appear to be gray billiard balls. Inside, they’re packed with thousands …
FAA Updates Altitudes, Changeover Points for Safe Airspace Navigation in Alaska
The Federal Aviation Administration has issued a final rule amending the instrument flight rules (IFR) altitudes and changeover points for several Federal airways, jet routes, and direct routes in Alaska. These changes are part of routine updates to ensure safe …
Tropical Disturbance Expected to Bring Flash Flooding to Louisiana
A tropical disturbance is expected to make landfall near the northern Gulf Coast Thursday afternoon, creating flash flooding conditions for parts of south-central Louisiana. A moderate risk of excessive rainfall is in place along the south-central Gulf Coast of Louisiana, …
Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period. Travelers’ second quarter underwriting profit was about $1 billion compared to …
Oklahoma Farmer Killed in Water Buffalo Attack, Police Say
A farmer in a rural suburb outside of Oklahoma City was fatally attacked by a pair of water buffaloes he purchased at a livestock auction a day earlier, police said. Bradley McMichael, a farmer in the small town of Jones …
Air India Junior Pilot Asked Captain Why He Turned Off Fuel Switches
A cockpit voice recording of doomed Air India Flight 171 indicates the younger co-pilot asked his more experienced colleague why he turned off the plane’s fuel-supply switches, according to people familiar with the matter. The information, from people who asked …
People Moves: Hotchkiss Adds Three Partners
Hotchkiss Insurance, headquartered in Dallas, Texas, recently added three new partners: Riley Dearing, Jessica Goehring and Heather Etheredge. Dearing leads the West Texas region for the Hotchkiss Benefits Division. He gained experience across multiple industries before founding InCore Group, which …
Camp Mystic Leader May Not Have Seen Alert Before Flood, Family Spokesman Says
The leader of Camp Mystic had been tracking the weather before the deadly Texas floods, but it is now unclear whether he saw an urgent warning from the National Weather Service that had triggered an emergency alert to phones in …
How Hot Can It Get? Scientists Are Struggling to Find an Answer
How hot can a heat wave really get? Before June 2021, scientists thought they knew. That’s when one of the most extreme heat spikes ever observed hit western North America, leaving at least 1,400 people dead. Lytton, British Columbia, smashed …