California School District Reaches Settlement in Age Discrimination Lawsuit

The Washington Unified School District in Fresno, California, has reached a settlement following accusations of age discrimination against a former teacher. The case began when the U.S. Equal Employment Opportunity Commission (EEOC) filed a charge in April 2022, claiming that the district fired a 65-year-old math teacher because of her age and disability. According to … Read more

Builders Claim Exclusions Hinder Contractor Coverage, But Appeals Court Disagrees.

A recent federal court ruling has brought attention to a troubling issue in the construction insurance industry. The 11th U.S. Circuit Court of Appeals ruled in favor of Liberty Mutual’s surplus carrier, emphasizing concerns over contractor-controlled insurance programs, or CCIPs. This decision underscores a common problem: insurers may mislead contractors about the coverage they provide. … Read more

FTC: Consumers Lost $12.5 Billion to Investment and Other Scams in 2024

Consumers faced significant financial losses due to fraud in 2024, with reports indicating a staggering $12.5 billion lost, marking a 25% rise from the previous year. The Federal Trade Commission (FTC) released this alarming data, highlighting a troubling trend in scams affecting everyday people. While the overall number of fraud reports remained steady at around … Read more

World Insurance has acquired Archambault Associates of Connecticut.

World Insurance Associates LLC has announced its acquisition of Archambault Insurance Associates, a well-established insurance agency based in Putnam, Connecticut. This transaction took place in December, although the financial details have not been made public. Archambault Insurance Associates has a rich history, having been founded in 1928 by Joseph A. Archambault. Now in its third … Read more

AM Best Awards MEM an Excellent Rating

AM Best has given a solid rating to Previsor Insurance Company and its affiliates. The company, based in Centennial, Colorado, has received an A- (Excellent) Financial Strength Rating and an “a-” (Excellent) Long-Term Issuer Credit Rating. This news was announced on March 10, 2025, and reflects a stable outlook for the company. The ratings apply … Read more

While some states embrace an increase in captive insurance, Alabama’s Department of Insurance has announced a moratorium on them.

Alabama has put a temporary hold on new captive insurance companies and risk retention groups. This decision was announced by Insurance Commissioner Mark Fowler on March 3. The Alabama Department of Insurance will not accept new applications or process registrations during this moratorium, which could last six months or more. The department has asked captive … Read more