Oregon homeowners living in certain areas at high risk of wildfire will face stricter building codes and mandates to reduce vegetation on their properties under new “wildfire hazard maps” unveiled Tuesday. The release of the maps follows a record-breaking wildfire season last year and firestorms in 2020 that killed nine people and destroyed thousands of … Read more
The former U.S. Marine acquitted last month of criminal charges in the death of a man on a New York City subway train is seeking to dismiss a lawsuit brought by the victim’s father. Daniel Penny’ s lawyer, in a court filing Monday, said his client denies the lawsuit’s claims that the 26-year-old is culpable … Read more
Hub International Ltd. has acquired the assets of Woods Insurance Services Inc. in Farmington, New Mexico. Lyle Love, owner and president, and the Woods Insurance Services team, will join Hub Southwest. Woods Insurance Services will be referred to as Woods Insurance Services, a Hub International company. Woods Insurance Services is an independent insurance agency providing … Read more
The last time a president was inaugurated, there was a global pandemic and a violent siege at the very spot at the U.S. Capitol where the ceremony takes place. This time, the event was part of an unprecedented string of high-stakes security events in the nation’s capital. The Jan. 20 swearing-in caps a two-week stretch … Read more
California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings at work. The state’s Chamber of Commerce and California Restaurant Association filed the suit in federal court on New Year’s Eve, a day before the new law was to go into effect, seeking to block … Read more
A residual property insurer and regulators in two Southeastern states are emphasizing roof integrity, more signs that mitigation and prevention are increasingly recognized as ways to reduce insured losses as storms escalate in frequency and severity. “The goal is to make the risk a better risk, so the private market may desire to write that … Read more
This post is part of a series sponsored by Darkhorse Insurance. How can you, as an insurance agent, stay motivated in the dynamic industry? In the fast-paced world of insurance, your motivation is not merely a personal preference – it’s a crucial professional requirement As insurance agents, you’re well aware of the constant change, regulatory … Read more
This post is part of a series sponsored by EZLynx. Management systems can make or break a new agency. In the best cases, an agency management system (AMS) can be the behind-the-scenes mastermind keeping everything running smoothly – like that most productive employee who always has your back. For those who have experienced the worst-case-scenario … Read more
Juan C. Andrade is USAA’s new president and chief executive officer, said the insurance provider to millions of active military, veterans, and their families. Juan C. Andrade Andrade will assume the role on April 2 and take over for Wayne Peacock, who announced his retirement in August 2024. Andrade was president and CEO of Everest … Read more
The Meteoric Rise in U.S. Auto Insurance Rates is Being Subsidized by Collector Car Owners According to Classic & Collector Insurer OpenRoad Standard auto insurers continue their efforts to recover from the unprecedented losses they experienced during COVID-19 due to spikes in catastrophic insurance claims and increased vehicle repair costs. As a result, US drivers … Read more