The Florida House of Representatives is set to conduct hearings examining the financial practices of property insurance companies in the state. The move follows recent reports suggesting that some insurers may have shifted funds to affiliated companies while reporting financial losses.
Author: Maria Valdez Haubrich
NEXT Insurance Launches Multi-Location, Single State Coverage for Workers’ Compensation
NEXT Insurance has introduced a new multi-location workers’ compensation (WC) policy to support small businesses operating multiple locations within a single state.
Tropical Cyclone Alfred: Expected Impact and Safety Considerations
Tropical Cyclone Alfred is set to be a significant weather event for Australia, bringing severe weather conditions over several days. Currently categorized as a Category 2 tropical cyclone, Alfred is expected to impact southern Queensland and northern New South Wales.
Gallagher Expands West Coast Presence with $1.2 Billion Acquisition of Woodruff Sawyer
Arthur J. Gallagher & Co. has announced a $1.2 billion acquisition of rival insurance brokerage firm Woodruff Sawyer, further strengthening its position in key markets and expanding its service offerings.
Global Trade Tensions Rise as U.S. Imposes New Tariffs
The international trade landscape shifted dramatically on Tuesday as the U.S. implemented significant tariffs on imports from Mexico, Canada, and China.
The Future of Home Insurance: Projected Premium Increases and Regional Challenges
Home insurance premiums are expected to see significant increases across various regions of the United States over the next three decades, with some areas facing staggering growth rates.
Client Services Expert Ashley Powers Joins Alliant Insurance Services
Client services expert Ashley Powers has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. Based in Irvine, California, Powers will focus on enhancing business process efficiencies.
Widespread Wildfires in the Carolinas Prompt Emergency Response and Evacuations
March 4, 2025: Firefighters in North and South Carolina are battling over 170 wildfires, leading to evacuations and emergency declarations as dry and windy conditions continue to fuel the blazes.
Payroll Companies Expanding into Insurance
Insurance agents across the country have faced an unexpected challenge: payroll and staffing firms moving into the insurance market. This trend has sparked concerns among agents who see these companies as direct competitors.
Kimball Hughes Public Relations Scales Team with Strategic Additions to Fuel Continued Growth
In response to continued growth and an expanding client portfolio, Kimball Hughes Public Relations has added Senior Advisor John Forberger, Public Relations Manager Alex Bacon and Public Relations Assistant Bianca Pell to the team as the agency responds to its expanding client roster.