The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program …
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown Read More »
TWFG Insurance announced a series of leadership appointments, which it said are designed to accelerate the company’s growth and strengthen its position for continued industry innovations. Katherine Nolan, who has served as Chief Operating Officer for more than 16 years, …
People Moves: TWFG Announces Leadership Appointments Read More »
Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential violations of California’s …
LA County Launches Investigation into State Farm Over Wildfire Claims Read More »
It did not taking long for one of the industry’s trade associations to spring to action following Congress’s return to work after a lengthy government shutdown. The National Association of Mutual Insurance Companies (NAMIC) on Thursday called on U.S House …
NAMIC Voices Support for FEMA Reform Bill Read More »
California is set to be drenched in coming days as heavy rain and snowstorms uncoil off the Pacific Ocean, potentially bringing Los Angeles a month’s worth of rain and prompting evacuation warnings in areas burned by last January’s fires. The …
Los Angeles Braces for Drenching Storms, Potential Flooding Read More »
Trucordia on Thursday said it acquired five insurance businesses across the United States, marking a significant milestone in the agency’s strategy to build a values-driven, client-first national network. The newly acquired businesses include: Assured Insurance Consultants (Tennessee) Charles River Insurance …
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States Read More »
San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen’s total reported capital raised to $26 million. With this funding, …
Anzen in California Raises $16M to Scale AI Platform for Insurance Distribution Read More »
Large companies have been stuffing artificial intelligence software into every possible product for years. Now, Founders Fund is backing a startup that wants to help small businesses use the technology, too. Netic, which just raised $23 million in a Series …
Founders Fund Backs Startup Bringing AI to Plumbers and Roofers Read More »
The body of a coal miner was found inside a mine in southern West Virginia, four days after the stretch of mine was flooded when crews hit an unexpected pocket of water, officials said. It’s the third death this year …
West Virginia Coal Miner Found Dead in Flooded Mine Read More »
Selective Insurance, headquartered in Branchville, New Jersey, named Nathan Rugge as executive vice president, chief actuary. Rugge, who currently serves as senior vice president, chief corporate actuary, reserving, will assume the role following the retirement of Executive Vice President Vincent …
People Moves: Rugge Named Chief Actuary at Selective as Senia Plans Retirement Read More »
