INSURANCE NEWS
Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022
Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quarter 2025 data …
California FAIR Plan Extends ZestyAI Partnership
ZestyAI has announced a four-year extension of its partnership with the California FAIR Plan. The Golden State’s insurer of last resort has tapped ZestyAI’s Z-FIRE wildfire risk model for risk assessment since 2021. That model leverages AI-driven analysis of more …
NWS Issues Alaska’s First Ever Heat Advisory
For the first time ever, parts of Alaska are under a heat advisory — but you can put an asterisk at the end of that term. It’s not the first instance of unusually high temperatures in what many consider the …
Trump Can’t End FEMA But It Needs Reform, Says Obama’s FEMA Head
President Donald Trump has repeatedly said he intends to whittle down or phase out the Federal Emergency Management Agency, and last week he gave a rough timeline for that: “after hurricane season.” “We want to wean off of FEMA, and …
Flash Flooding Kills 5 in West Virginia as Rescue Teams Search for Missing
Flash flooding caused by torrential rains killed five people in northern West Virginia and rescue crews were searching for three other people who were missing Sunday as authorities assessed damage to roads, bridges, natural gas lines and other infrastructure. Officials …
US Supreme Court to Hear Chevron, Exxon Appeal Over Louisiana Coastal Damage
The U.S. Supreme Court agreed on Monday to hear a bid by Chevron, Exxon Mobil and other oil and gas companies to have lawsuits brought by two Louisiana localities accusing them of harming the state’s coast over a period of …
Purdue Pharma $7.4B Opioid Settlement Wins Broad Support From States
Purdue Pharma has won support from the attorneys general of 55 U.S. states and territories for its $7.4 billion settlement to resolve thousands of opioid lawsuits against the drugmaker and its owners, members of the Sackler family. A framework for …
Artemis Acquires Louisiana’s Tyner Jeter Insurance
Artemis Insurance, the parent brand of Texan Insurance, Ozark Insurance, and Marek Insurance, announced the acquisition of Baton Rouge-based Tyner Jeter Insurance. Formerly part of McInnis Tyner Agency since 1972, the team launched Tyner Jeter Insurance in August 2012. Earlier …
New Orleans Officer Cleared of Wrongdoing in Puppy Shooting, City to Pay $10K in Damages
A jury in federal court ruled that a New Orleans police officer who shot and killed a puppy had violated its owners’ constitutional rights but was shielded from punishment under qualified immunity because of his government role, according to the …
Wisconsin Dairy Farmer Sues USDA Claiming Discrimination Against White Farmers
A Wisconsin dairy farmer alleged in a federal lawsuit filed Monday that the Trump administration is illegally denying financial assistance to white farmers by continuing programs that favor minorities. The conservative Wisconsin Institute for Law and Liberty filed the lawsuit …
Everest Launches Unified International Specialties Business, Led by Trueman
Everest announced its international insurance division has launched a unified specialties business, bringing together its offerings across marine, aviation, energy & construction, cyber, and industry practices. Paul Trueman has been appointed to lead the new unit, as head of Specialty …
Washington Post Probes Hack of Journalist Email Accounts
The Washington Post is investigating a cyberattack on the email accounts of some journalists, prompting the newspaper to beef up its online security. The intrusion was discovered late Thursday and the company carried out a forced reset of login credentials …