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LA County Officials Approved Emergency Declaration Over Immigration Raids
Los Angeles County officials voted this week to declare a state of emergency that gives them power to provide assistance for residents they say have suffered financially from ongoing federal immigration raids. The move allows the L.A. County Board of …
POSTED OCTOBER 16, 2025 5:51 PM |
People Moves: Plymouth Rock Agency Marketing Adds Foxx; Fast Joins Alliant in Maine
Plymouth Rock Names Foxx Chief of Agency Marketing for Mass. and NH Plymouth Rock Assurance, headquartered in Boston, Massachusetts, appointed James Foxx as chief of agency marketing for Massachusetts and New Hampshire within the company’s independent agency group. Foxx oversees …
POSTED OCTOBER 16, 2025 4:56 PM |
TDI Drafts New Rule Requiring Appraisal Provision in Auto and Homeowners Policies
The Texas Department of Insurance recently published an informal draft of rules that would implement a new law requiring all personal auto and residential property insurance policies to include a binding appraisal provision. The draft outlines appraisal timelines, appraiser and …
POSTED OCTOBER 16, 2025 4:51 PM |
Marsh McLennan Reports 4% Organic Revenue Growth, Down From Q3 2024
Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, down from 5% during Q3 2024. John Doyle, president and CEO, described the Q3 …
POSTED OCTOBER 16, 2025 4:38 PM |
Storm System Threatens Central and Southern US With Hail and Damaging Winds
As many as 22 states face the risk for severe thunderstorms, hail and damaging wind gusts over the next several days, meteorologists say. A front over the Central/Southern Rockies is expected to move northeastward, producing showers and thunderstorms over parts …
POSTED OCTOBER 16, 2025 4:14 PM |
NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program
Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once again calling for a reauthorization. The National Association of Mutual Insurance Companies (NAMIC) on Oct. 16 issued a statement directed …
POSTED OCTOBER 16, 2025 4:05 PM |
Texas Legislature Forms Committees to Investigate July Deadly Floods
Top Republicans in the Texas Legislature have announced the creation of committees tasked with “getting to the bottom of” the July flooding that killed more than 130 people, including 25 young girls and two teenage counselors at Camp Mystic. Lt. …
POSTED OCTOBER 16, 2025 2:50 PM |
Arthur J. Gallagher & Co. Acquires Michigan’s Strategic Services Group
Arthur J. Gallagher & Co. announced the acquisition of Rochester Hills, Michigan-based Strategic Services Group, Inc. Terms of the transaction were not disclosed. Strategic Services Group provides employee benefits consulting services across a range of industries in Michigan and the …
POSTED OCTOBER 16, 2025 2:45 PM |
Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Abnormally Low’ Q3 Events
Global insured losses from natural catastrophes during the first nine months of 2025 are estimated to hit US$105 billion, bringing the sixth consecutive calendar year with losses topping US$100 billion and the eighth year since 2017, according to Gallagher Re. …
POSTED OCTOBER 16, 2025 2:28 PM |
Incubator, Former C&F Exec Launch Specialty Insurer for Insurers, Financial Managers
A former Crum & Forster executive and a London-based underwriter incubator have teamed up to launch a new specialty insurance company based in Charlotte, North Carolina. 1889 Specialty Insurance plans to offer professional lines coverage and management liability policies to …
POSTED OCTOBER 16, 2025 2:16 PM |
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