Patricia Wells

Three Dallas residents took the city to court this week, challenging dozens of local rules they say break a state law passed in 2023. This law, nicknamed the "Death Star" by its critics, stops cities and counties in Texas from making rules that go beyond what state law allows. The lawsuit, filed Wednesday in Denton … Read more

Afore Insurance Services, LLC has acquired Salzberg Insurance Agency, a well-established firm based in Norfolk, Virginia. Salzberg has been serving the Hampton Roads business community for 87 years. Although the financial details of the deal were not shared, this move marks a major step for Afore as it expands its presence in the Mid-Atlantic region. … Read more

ReSource Pro, a company that supports operations in the insurance industry, has acquired Supportive Insurance Services (SIS), a firm based in Indiana that specializes in licensing and renewal services. The deal brings together SIS’s expertise in adjuster licensing and compliance with ReSource Pro’s existing services, such as surplus lines tax filings and corporate and franchise … Read more

Fifty years ago, the massive freighter Edmund Fitzgerald sank in Lake Superior during a fierce storm, taking all 29 men on board with it. The ship, nearly 730 feet long and once the largest on the Great Lakes, disappeared on November 10, 1975, after leaving Superior, Wisconsin, the day before, loaded with 26,000 tons of … Read more

Encova Insurance, based in Columbus, Ohio, has announced two new vice president appointments. Zach Webber will lead as vice president of corporate actuarial, while Boppana Rao takes on the role of vice president for enterprise digitization, AI, and data. Webber brings nearly 20 years of experience working with both commercial and personal insurance lines. He … Read more

Traditional insurance, especially for property, is losing its edge as a reliable and affordable way to manage risk. Experts point out that many homeowners are now skipping insurance altogether because rates have soared to levels that just don’t make sense. In fact, about a quarter of homeowners in some areas are going without coverage, highlighting … Read more

Insurance companies are changing the way they handle workplace injury claims by using smart technology and expert teams to keep costs down and help workers recover faster. These companies are turning to artificial intelligence to look at billing data as it happens. This allows them to find the cheapest good-quality care options within their networks. … Read more

The insurance industry is facing tough challenges right now. Severe natural disasters, rising inflation, and high interest rates have led many companies to pull back coverage or refuse renewals. This leaves both insurance agents and customers in a bind, struggling to find the right policies and support. Amid these difficulties, technology—especially artificial intelligence (AI)—is starting … Read more

The Trump administration has unveiled a major nuclear energy deal that could bring $80 billion worth of new Westinghouse reactors to the U.S. This agreement, made with Westinghouse’s owners—Canada-based Cameco and Brookfield Asset Management—includes government support for financing and securing permits needed to build the reactors. In return, the U.S. government stands to gain up … Read more

Cargo theft is on the rise and causing big headaches for truckers and logistics companies across the country. In fact, theft of goods being hauled by trucks jumped 27% in 2024, according to Verisk CargoNet data. Experts warn it’s likely to get even worse next year, with the National Insurance Crime Bureau forecasting another 22% … Read more