24 07, 2026

Texas Panhandle Shaken by Strongest Earthquake to Hit the Region

By | July 24th, 2026|Uncategorized|Comments Off on Texas Panhandle Shaken by Strongest Earthquake to Hit the Region

A 5.0 magnitude earthquake rocked the Texas Panhandle early Thursday morning, one of the strongest recorded in Texas. Effects from the earthquake were felt throughout the rural region and as far as southern Oklahoma and New Mexico. According to the …

24 07, 2026

People Moves: Shepherd Insurance Names Kleymeyer as President of Employee Benefits

By | July 24th, 2026|Uncategorized|Comments Off on People Moves: Shepherd Insurance Names Kleymeyer as President of Employee Benefits

Shepherd Insurance announced that Matt Kleymeyer has joined the firm as the President of Employee Benefits, further strengthening the organization’s commitment to delivering innovative employee benefits solutions and exceptional client service. Based out of Shepherd’s headquarters in Carmel, Indiana, Kleymeyer …

24 07, 2026

Texas Division of Workers’ Compensation Announces Staff Changes

By | July 24th, 2026|Uncategorized|Comments Off on Texas Division of Workers’ Compensation Announces Staff Changes

The Texas Department of Insurance, Division of Workers’ Compensation announced leadership staff changes. DWC is launching a new program area, AI Innovation and Integration, focused on the responsible, mission-driven use of artificial intelligence to modernize processes and reduce administrative burdens, …

23 07, 2026

Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan

By | July 23rd, 2026|Uncategorized|Comments Off on Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan

A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw in Italy’s push to expand mandatory insurance against natural disasters. Businesses were insured, but not for the risks they faced …

23 07, 2026

NYC Says Source of Legionnaires’ Disease Has Been Eliminated

By | July 23rd, 2026|Uncategorized|Comments Off on NYC Says Source of Legionnaires’ Disease Has Been Eliminated

The New York City Health Department has reported that five people have died and seven people are currently hospitalized due to the outbreak of Legionnaires’ disease on the Upper East Side. No new cases have been reported for more than …

22 07, 2026

Luxury Homes Are Raising Risks for California FAIR Plan

By | July 22nd, 2026|Uncategorized|Comments Off on Luxury Homes Are Raising Risks for California FAIR Plan

As California’s wildfire insurance crisis drives homeowners to the state’s insurer of last resort, wealthy areas such as Beverly Hills, Malibu and Bel Air make up an increasingly large portion of the liability exposure — a dynamic that experts fear …

22 07, 2026

Insurance M&A Pace Down 15% in First Half 2026: OPTIS

By | July 22nd, 2026|Uncategorized|Comments Off on Insurance M&A Pace Down 15% in First Half 2026: OPTIS

Insurance agency mergers & acquisitions in the first six months of 2026 were down 15% compared with the same period last year. As it did in its first-quarter report, investment banking and financial consulting firm OPTIS Partners said a downward …

22 07, 2026

UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services

By | July 22nd, 2026|Uncategorized|Comments Off on UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services

New Prime Minister Andy Burnham appointed Lucy Rigby as Britain’s City Minister on Tuesday, putting her in charge of overseeing the country’s financial services sector. Rigby was in that role under Keir Starmer’s government between September last year and May …

22 07, 2026

Google Expands in Miami After Its Billionaire Founders Buy Homes

By | July 22nd, 2026|Uncategorized|Comments Off on Google Expands in Miami After Its Billionaire Founders Buy Homes

Alphabet Inc. has more than quadrupled its office space in Miami this year shortly after co-founders Larry Page and Sergey Brin bought homes in the area. Google’s parent company signed a lease this spring to expand to about 45,000 square …

22 07, 2026

Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show

By | July 22nd, 2026|Uncategorized|Comments Off on Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show

At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement for reforming the state’s insurance claims litigation statutes: Floridians had produced about 9% of all homeowners’ claims in the U.S. …