The first quarter of 2025 has been a whirlwind. New presidential administration. Historic wildfires. Financial market volatility. Trade war and tariff talks. A looming recession. Higher costs at the grocery store. Higher car repair bills. Higher cost of wood products …
Stress and Opportunity Read More »
This market has opened the door for new business opportunities for specialists in hospitality. As restaurant owners search for ways to save money they are more willing to “shop” their insurance. “It helps to get your foot in the door,” …
Exclusions: Active Assailant Coverage – Oh My! Read More »
Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season—despite concerns about adverse reserve development—however, an availability crisis could be looming, AM Best cautions. In a new report, AM Best points to rising litigation costs, …
Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming Read More »
More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported that 58% of claims began with such …
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition Read More »
This post is part of a series sponsored by EZLynx. It’s no secret that the insurance industry has been grappling with a talent shortage, and it’s creating some big challenges—especially for independent agents. With the Bureau of Labor Statistics forecasting …
A North Dakota jury this week found Greenpeace liable for defamation, conspiracy and other claims over its participation in the Dakota Access pipeline protests that lasted from 2016 to 2017, awarding developer Energy Transfer LP $660 million in damages. Legal …
What the $660 Million Greenpeace Verdict Means for Activism Read More »
The National Transportation Safety Board (NTSB) is harshly criticizing Maryland officials for failing to conduct a risk assessment of the Francis Scott Key Bridge before it collapsed a year ago and is recommending that 30 owners of 68 bridges across …
Maryland Could Have Reduced Risk of Key Bridge Collapse: NTSB Read More »
A series of chain-reaction crashes and a fire in a Wyoming highway tunnel that killed three people started when a pickup truck lost control and partially blocked traffic on the slick roadway, federal investigators said. It had snowed before the …
NTSB: Deadly Crashes, Fire in Wyoming Tunnel Started With Pickup Losing Control Read More »
The closure of Britain’s Heathrow Airport is set to affect the global aviation system for days at a cost of tens of millions of dollars, experts say, posing questions about why better contingency planning was not in place at the …
Heathrow Shutdown Raises Concerns Over Contingency Planning Read More »
Federal regulators have cited Tesla for violating workplace safety rules in connection with the electrocution of a worker last summer at its Austin, Texas, auto-manufacturing plant. The U.S. Department of Labor confirmed the findings in a statement to Reuters. “The …
Tesla Cited by U.S. Regulators Over Texas Worker’s Death Read More »
