INSURANCE NEWS

Mississippi House Bill Puts New Rules on PBMs, But May Do Little for Workers’ Comp

A pharmacy benefits manager bill passed by the Mississippi House of Representatives last week may have little impact on drug costs in the state’s workers’ compensation system, even if that is part of the bill’s intent. “The problem is, drug …
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Avian Flu Could Shutter Long Island’s Last Duck Farm

New York’s Long Island was once synonymous with “duck” in the culinary world. Now it may lose its last commercial farm. The avian flu outbreak that has led to the slaughter of millions of birds at U.S. poultry farms and …
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People Moves: Brooks Insurance Adds Garabedian as Underwriting SVP

Brooks Insurance hired Tiffani Ann Garabedian as senior vice president of underwriting. Garabedian is based in Los Angeles. Garabedian has nearly 20 years of insurance industry experience, most recently serving as a territory manager with Nationwide for the Northeast region. …
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Earthquake in Maine Rattles Houses, Nerves Across Northeast

A 3.8-magnitude earthquake centered near the southern Maine coast rattled houses in northern New England on Monday and was felt by surprised residents of states hundreds of miles away. The earthquake took place at about 10:22 a.m. on Monday and …
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Uncertainty Looms for Michigan’s EV Industry Amid Federal Policy Changes

While President Donald Trump took aim at the electric vehicle industry last week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its number one destination for electric vehicle …
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Trucordia Acquires Louisiana’s CADA

Trucordia has acquired the insurance business of CADA Insurance Services which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. “The CADA Insurance team is a welcome addition to Trucordia,” said Trucordia CEO Felix Morgan. “They share …
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Corpus Christi Initiates Emergency Effort to Boost Water Supply

On the South Texas coast, the city of Corpus Christi has initiated an emergency effort to boost its water supply as local reservoirs experience a yearslong decline and water demand from big industrial projects continues to grow. The Corpus Christi …
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‘World’s Largest Truck Stop’ Fined $390K by EPA

Two truck stops in Iowa and Missouri – Iowa 80, advertised as “the world’s largest truck stop,” and Joplin 44 – agreed to pay a combined $390,784 to resolve alleged violations of the federal Clean Water Act. According to the …
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Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows

Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations in the state since the deadly collapse …
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Trump Asserts Federal Government Power Over California Water

President Donald Trump is asserting more federal government control over water management decisions in California and ordering U.S. officials to override local authorities, casting the steps as necessary to boost the state’s firefighting capabilities. The actions — enshrined in an …
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2025 Agency Salary Survey: Deadline Approaching

It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine. ALL retail agency owners, principals, producers, CSRs — the entire agency — should participate and be …
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Not a Bear But a Fake Deer-Collision Claim Results in South Carolina Fraud Charges

First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company. …
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