The USDA’s Risk Management Agency (RMA) recently released the official harvest prices for federal crop insurance, revealing lower-than-anticipated numbers across major crops like corn, soybeans, and grain sorghum.
Author: Maria Valdez Haubrich
What Insurers Need to Know About Rising Health Care Costs for 2025
As employers brace for a projected 9% increase in health care benefit costs in 2025, insurers need to be aware of key trends influencing these changes.
USG Announces Hire of Kamisha Kerr in Westlake, FL
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Kamisha Kerr to their esteemed Brokerage Division.
Sinclair Files Lawsuit Against Cyber Insurers Over Unpaid Ransomware Claims
In a high-profile legal battle that underscores the complexities of modern cyber insurance, media giant Sinclair Broadcast Group has filed suit against two of its cyber insurers, Continental Casualty (CNA) and Starr Indemnity & Liability, over unpaid claims stemming from a ransomware attack in 2021.
Tornadoes and Severe Storms Batter Oklahoma: A Look at the Damage and Response
Severe thunderstorms, accompanied by intense tornadoes and flash flooding, have swept through the central and southern United States, particularly hitting states like Oklahoma, Texas, and Missouri.
Navigating California’s SB553: Essential Insights for Businesses on Compliance and Risk Management
California’s SB553, a significant workplace safety regulation, has ushered in new compliance requirements that all businesses in the state must now adhere to.
Top-Ranked Insurers for Property Claims Revealed by J.D. Power
J.D. Power’s latest report, which ranks the best and worst insurers for property claims, sheds light on how insurers fare when it comes to meeting policyholder expectations. Based on comprehensive analysis, the report offers valuable insights for homeowners and renters alike.
With More Tourists Comes More Risk for Wildfires
The surge in tourism to wildfire-prone areas like Mariposa, California, is igniting new challenges for communities and reshaping the landscape for the insurance industry.
Homeowners Insurance and Cryptocurrency: The 4th Circuit Ruling and Its Impact on Policyholders
A recent ruling by the 4th Circuit Court of Appeals has affirmed what many policyholders may find surprising: homeowners insurance policies do not cover the theft of cryptocurrency.
Florida’s Insurance Market Crisis: A Growing Concern for Homeowners and Insurers Alike
Florida’s home insurance market is facing significant turbulence, creating an uncertain environment for residents and insurance providers alike.