News
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward's list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight ...
Several San Francisco City Buildings Remain at Risk of Earthquake-Caused Collapse
There are at least two dozen buildings at risk of collapse, according to a new report highlighting the earthquake risk to San Francisco's city buildings. Seismic Hazard Ratings (SHRs) were first ...
Florida Teen Drivers Required to Take New Education Course Beginning August 1
A new law taking effect July 1, 2025, will require Florida teens to complete a driver's education course to qualify for a learner's permit, the Florida DMV announced on its website. Senate Bill 994 ...
World Court to Issue Climate Change Opinion on July 23
The top United Nations court will issue a nonbinding opinion on July 23 regarding countries' legal obligations to combat climate change, a decision expected to be cited in climate change-driven ...
Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals
Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed the state's risk landscape, according to brokers Aon and Gallagher ...
MGAs by the Numbers: Fronting Biz, Non-Affiliated MGAs Drive Growth
Direct premiums written by U.S. managing general agents jumped to over $114 billion in 2024, according to the latest installment of an annual research series on the MGA market. The report titled ...
Congress Urged Not to Axe Satellite Collision Prevention System
Hundreds of U.S. companies on Tuesday urged Congress to back off a plan to kill a small federal office tasked with managing satellite traffic in space, a badly needed civilian effort initiated by ...
Former California Agent Gets 4 Years in Prison for $3.7M Fine Art Insurance Scam
A woman who formerly operated an insurance agency in Northridge, Calif., was sentenced by the U.S. District Court to pay $1,880,237 in restitution and serve 50 months in federal prison for defrauding ...