By Ezra Amacher 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. Texas lawmakers this year …
TDI Drafts New Rule Requiring Appraisal Provision Read More »
At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters altogether. And the National Association of Public Insurance Adjusters …
Florida, National Groups File Suit Over ‘Anti-Public Adjuster’ Endorsements Read More »
The Mississippi Supreme Court in October declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The court …
Mississippi Supreme Court Won’t Budge on $15 Million Bad-Faith Decision Against USAA Read More »
Follow these five steps to secure a smoother deal and a stronger valuation. Selling your insurance agency is one of the most significant decisions of your career. While your eye may be set on the final prize, the real work …
How to Prepare Your Insurance Agency for Sale — Before You Announce Your Intent Read More »
Anyone in the insurance brokerage world generally knows the three magic words that require an insurance producer license: the “sale,” “solicitation,” or “negotiation” of insurance. For too many, this is the end of the equation. Most state insurance codes do …
Perfluoroalkyl or polyfluoroalkyl substances (PFAS), the synthetic “forever chemicals” found in everything from firefighting foam to food packaging, are shaping up to be one of the most urgent emerging risks facing the insurance industry. Like asbestos, PFAS exposures are widespread, …
The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to property intelligence company Cotality. The insured losses are a fraction of the total property damage, which Cotality estimates at $2 …
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion Read More »
Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the 63-year history of Philadelphia Insurance Companies. The deal includes …
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion Read More »
New attributes—electrical panel location, roof life stage, and plumbing materials—enhance underwriting precision and deepen visibility into structural risk. Tampa, FL – October 14, 2025 — PGM Solutions today announced the expansion of its Home Factors property intelligence platform. The latest …
The city of Detroit has agreed to pay $5.85 million to settle a lawsuit over the death of a pedestrian who was struck by a city bus, the second fatality involving the same driver since 2015. Wayne County Judge Kathleen …
Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes Read More »
