New York households paid an estimated $1,935 on average for personal auto insurance in 2024, according to a report by the industry’s Insurance Information Institute (Triple I). This was an increase from $1,753 in 2023. Triple I further estimates that …
Do New Yorkers Pay Too Much for Auto Insurance? Read More »
By Andrew G. Simpson The owner of the Massachusetts assisted living facility Gabriel House where 10 people were killed and 30 injured in a fire last July has been denied access to insurance proceeds that he told a court are …
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Read More »
The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years …
E&S Premium Growth Moderates Through First Nine Months of 2025 Read More »
Teacher burnout is one of the most pressing challenges facing education today. With overwhelming workloads exacerbated by staffing shortages, many educators are struggling to maintain their mental health and job satisfaction. According to RAND’s 2025 State of the American Teacher …
Teacher Burnout: Supporting and Retaining Employees in the Education Sector Read More »
By Andrea Wells Insurance producers on average made more money in 2025, but agency owners and support staff reported declining total income and salary adjustments last year. Despite the slower pace in pay, satisfaction with compensation overall held steady, according …
If the firm’s business planning is not complete, this is a good time to plan by reflecting on how the agency operated over the past year. The holidays are over, and end-of-year financial results are completed. Operations may need to …
Business Planning in a Snap: Part One Read More »
New York, New Jersey, Connecticut and Massachusetts governors issued state of emergency orders and a halt to non-essential travel as a major storm was expected to bring up to 24 inches of snow and strong winds to the region. Around …
Northeast State Under Emergency as Snow Falls Amid Blizzard Warning Read More »
Transportation Secretary Sean Duffy said he will brief lawmakers on Capitol Hill next week about the temporary closure of airspace around El Paso, Texas, earlier this month. Duffy told reporters Friday that he stood behind the Federal Aviation Administration’s decision, …
Duffy Will Brief Congress Next Week on El Paso Shutdown Read More »
Qumis, a lawyer-built AI-driven platform for commercial insurance coverage intelligence, announced a $4.3 million oversubscribed seed round led by MTech Capital, with new strategic investor American Family Ventures and participation from all prior investors. Total funding reaches $6.75 million. The …
Insurtech Qumis Secures $4.3M Seed Round Read More »
AM Best said the U.S. Supreme Court’s ruling against President Donald Trump’s authority to impose sweeping tariffs will help to “ease uncertainty across the insurance industry.” “Managing through unknowns is a challenge to any industry and most observations and segment …
High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best Read More »
