INSURANCE NEWS

Security First Offers Bundling Discount if Same Agent Used for Home and Auto

No, Florida-domiciled property insurance carrier Security First Insurance is not going into the auto coverage business. But it is offering a small bundling discount for homeowners who go through the same insurance agent for both lines. “We heard directly from …
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Florida Injury Lawyer Suspended After Murder-for-Hire Arrest in 2021 Case

A Florida injury attorney known for suing insurance companies in medical malpractice, wrongful death and auto claims, has been suspended from practice after he was linked to a murder-for-hire plan. Francisco Javier Gonzalez, 59, of the Orlando area, was suspended …
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People Moves: Alchemy Names Peck President, Personal Lines, West; Ring Joins Leavitt United Insurance Services as SVP

Alchemy Insurance Solutions Names Peck President, Personal Lines, West Alchemy Insurance Solutions LLC named Michael Peck president, personal lines, Western region. Peck will lead Alchemy’s underwriting strategy and growth across the Western U.S., with a focus on high net worth …
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Climate Science Under Political Attack Reaches US Supreme Court

In 2018, local officials in Colorado sued oil companies in state court, charging that pollution from fossil fuels contributed to global warming and harmed Coloradans through extreme summer temperatures, more frequent wildfires and higher risk of some insect-borne diseases. Their …
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Warren, Hawley Press Insurers Over Closed, Unpaid Claims

US Senators Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that are closed without payment to policyholders. Warren, a Massachusetts Democrat, …
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Some Insurers Incorrect on Fortified Roofs Endorsements, Kentucky Commissioner Says

The Kentucky insurance commissioner is reminding property insurers they have just three weeks to resubmit homeowner policy endorsements that comply with state law on coverage for Fortified roofs. “Upon review, several FORTIFIED endorsement filings have been found to contain language …
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Update: Cornell University Rape Allegations, Investigations and Civil Suit

An intense, public outcry over a woman’s account of being gang-raped at a Cornell University fraternity house prompted New York’s governor this week to angrily yank control of the investigation away from the local prosecutor who didn’t initially see what …
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Clear Group Acquires UK Specialist Broker Commercial Risks

Clear Group, the London-based independent insurance intermediary, has acquired specialist broker Commercial Risks (UK) Ltd. and its managing general agency, Troon Underwriting. Financial details of the deal were not disclosed. Founded in 2002 and led by James Osman, Commercial Risks …
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Large Commercial Property Rates Drop 14.5% in Q2 to Highlight Latest Willis Report

Commercial property rates continues to soften, according to a new report from Willis, a WTW business. Large and complex property rates with WTW’s portfolio dropped 14.5% in the second quarter 2026, according to the fall 2026 edition of its Insurance …
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Novatae Acquires Trucking MGA Specialized Program Solutions

Novatae Risk Group, the wholesale division of World Insurance Associates, announced it acquired Specialized Program Solutions (SPS), a managing general agency (MGA) in Chester, New Jersey. Founded in 2022, SPS specializes in underwriting, marketing and program administration for long-haul trucking …
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People Moves: Marsh Agency Names Neary CEO of New East Region

Marsh Names Neary CEO of Newly Combined East Region Marsh appointed Andrew Neary as chief executive officer (CEO) of Marsh Agency’s newly combined East region. Neary will be based in Conshohocken, Pennsylvania, and will continue to report to Matt Stadler, …
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UAE Probe Labels FlyDubai Cockpit Axe Attack a Terrorist Act

A United Arab Emirates investigation of the near-catastrophic FlyDubai flight said the co-pilot attempted “to carry out a terrorist act” as more details emerged about what happened in the cockpit. The co-pilot used a crash ax in the attack on …
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