People Moves: The McGowan Companies Appoints Pitonyak as VP of National Programs
The McGowan Companies, headquartered in Fairview Park, Ohio, appointed Lauren Pitonyak as vice president of national programs. Pitonyak has over 14 years of experience in the insurance industry. From 2011 to 2019, she served at Aon Affinity in Hatboro, Pennsylvania, …
POSTED NOVEMBER 20, 2025 8:00 AM |
Texas Hemp Regulation Proceeds Despite Federal Restriction
The Texas Alcoholic Beverage Commission moved forward on Tuesday with its efforts to regulate the sale of consumable hemp products as questions swirled around the future of the industry due to federal restrictions on the products approved by Congress last …
POSTED NOVEMBER 20, 2025 7:00 AM |
Louisiana Commissioner Approves Rate Decreases for About 12K Allstate Auto Policies
Approximately 12,000 Louisiana Allstate customers will soon see a decrease in their auto insurance premiums. Louisiana Insurance Commissioner Tim Temple announced last week he has approved rate decreases for two Allstate subsidiaries. Temple approved Allstate North American Insurance Company’s (ANAIC) …
POSTED NOVEMBER 20, 2025 7:00 AM |
Indiana Attorney General Sues Apartments Owners Over Alleged Uninhabitable Conditions
Indiana Attorney General Todd Rokita filed a civil lawsuit against the owners and property managers of Lake Castleton Apartments in Indianapolis, alleging that they have systematically failed to repair critical systems such as air conditioning and plumbing. Further, the landlords …
POSTED NOVEMBER 20, 2025 7:00 AM |
The Art of Negotiation: Benchmark, Bundle, Trade
“Everything is a negotiation,” says leadership expert John Burrows. Whether you’re working on a multimillion-dollar M&A deal, arguing for a better salary during a job offer, or simply trying to choose where to order takeout for your family dinner, “we’re …
POSTED NOVEMBER 20, 2025 6:39 AM |
People Moves: Marinello Named ReSource Pro Senior Director, Partnerships; United Risk Makes Additions to Leadership Team
Marinello named ReSource Pro Senior Director, Partnerships and Advisory ReSource Pro, headquartered in New York City, appointed Rob Marinello as senior director of partnerships and advisory. Marinello will spearhead the expansion and formalization of the company’s partnership program. Marinello has …
POSTED NOVEMBER 20, 2025 6:31 AM |
Trump Urges Congress to Block State-Level AI Regulation
President Donald Trump called on Congress to pass a federal standard governing oversight of artificial intelligence and warned that varied regulation at the state level risked slowing the development of an emerging technology that’s critical to the US economy. In …
POSTED NOVEMBER 20, 2025 6:08 AM |
Florida Judge Orders Citizens’ Arbitration to Continue, Clashing With Other Order
The legal battle over Florida’s property insurer of last resort’s use of a state agency to hear claims disputes in arbitration took new turns this week, prompting one policyholder attorney to note that a move designed to reduce courtroom time …
POSTED NOVEMBER 20, 2025 6:01 AM |
Families Sue Air Ambulance Company Over 2 Deaths in Philadelphia Crash
The families of two of the eight people killed earlier this year when an air ambulance crashed in Philadelphia filed a lawsuit on Monday, claiming the medical air transport company and others negligently caused their deaths. The wrongful death case …
POSTED NOVEMBER 20, 2025 6:00 AM |
King Risk Partners Buys Acacia Insurance in Massachusetts
Florida-based national insurance agency King Risk Partners announced its continued expansion into the New England market through the acquisition of Acacia Insurance, an independent agency located in Waltham, Massachusetts. Acacia Insurance provides personal and commercial insurance solutions, including coverage for …
POSTED NOVEMBER 20, 2025 6:00 AM |
Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims
Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor Day fires in Oregon. The accord, disclosed Wednesday in a regulatory filing, will resolve claims by property owners that the …
POSTED NOVEMBER 20, 2025 6:00 AM |
CIG Says It Will Write More Policies in Fire-Impacted Paradise
Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents through the rebuilding process, offering resources, …
POSTED NOVEMBER 20, 2025 6:00 AM |
Tesla Gets Permit to Run as Transportation Network Company in Arizona
Tesla has received a permit to operate as a transportation network company in Arizona, a state regulator said on, in a step toward expanding the electric vehicle maker’s robotaxi service. The TNC permit will allow Tesla to run an Uber-like …
POSTED NOVEMBER 20, 2025 6:00 AM |
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstances.” Lloyd’s Chairman Charles Roxburgh …
POSTED NOVEMBER 19, 2025 9:02 PM |
AM Best Downgrades State Farm Mutual Auto
AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating performance. The affiliates included in the rating action …
POSTED NOVEMBER 19, 2025 4:10 PM |
Former Florida Broker and Texas Man Convicted in ACA Scheme That Paid $180M
A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory …
POSTED NOVEMBER 19, 2025 2:43 PM |
HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit
Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewlett Packard is seeking …
POSTED NOVEMBER 19, 2025 2:29 PM |
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter 2025 rose by 1.6%, as premium increases in all lines of business were either flat or lower …
POSTED NOVEMBER 19, 2025 2:19 PM |
King Risk Acquires Surles Agency in North Carolina
King Risk Partners, which said it is now the 51st largest insurance brokerage in the United States, has acquired Stuart Surles Insurance agency in Angier, North Carolina, near Raleigh. The Surles agency, founded some 30 years ago, specializes in farm …
POSTED NOVEMBER 19, 2025 2:12 PM |
Single Loose Wire Led to Blackout That Caused Dali Crash Into Baltimore Bridge
A plastic label on a single loose wire that blocked the wire from being fully connected caused an electrical blackout that led to the fatal collision of the 984-foot-long containership Dali into Baltimore’s Francis Scott Key Bridge in 2024. Investigators …
POSTED NOVEMBER 19, 2025 1:45 PM |
People Moves: Marsh UK Promotes Addington-Smith as CEO, Succeeding Lay
Marsh, the insurance brokerage business of Marsh McLennan, announced the appointment of James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will take up his new role early in 2026 and report to Flavio Piccolomini, CEO, Marsh …
POSTED NOVEMBER 19, 2025 1:44 PM |
US Faces Winter Blackout Risks From Data Centers’ Power Needs
Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter, according to the regulatory body overseeing grid stability. Power consumption has grown 20 gigawatts from the …
POSTED NOVEMBER 19, 2025 1:18 PM |
Russia Attacks on EU Are State-Sponsored Terrorism, Top Diplomat Says
The European Union’s top diplomat said that Moscow’s aggression against the bloc, including an explosion that occurred in Poland over the weekend, should be considered terrorism. “These sabotage acts they are organizing on our territories in different countries are extremely, …
POSTED NOVEMBER 19, 2025 1:14 PM |
Oil Tanker Seized by Iran Is Released With Cargo Missing
An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said. The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia Shipmanagement …
POSTED NOVEMBER 19, 2025 12:37 PM |
OAK Enterprise Gets Approval From Lloyd’s to Underwrite Retro via Syndicate 1440
OAK Global, the Lloyd’s reinsurance business, announced it has received permission from Lloyd’s to underwrite via Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise, providing property and specialty retrocession capacity to clients for business …
POSTED NOVEMBER 19, 2025 11:32 AM |