Patricia Wells

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

Last weekend, South Carolina faced a devastating wave of wildfires that swept across the state. The fires ignited after a dry spell left the land parched, creating the perfect conditions for flames to spread rapidly. More than 100 separate fires were reported, a striking number even for the peak of fire season. Doug Wood, a … Read more

A timber company in Washington has been fined over $114,000 for breaking child labor laws. The case centers around a 17-year-old worker who suffered a foot injury while working in a logging operation for MVR Timber Cutting Company. The Washington State Department of Labor and Industries began looking into the situation in May 2024 after … Read more

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

The Virginia Supreme Court recently made a significant ruling regarding Amazon Flex drivers, classifying them as employees rather than independent contractors. This decision came after Amazon Logistics attempted to change its argument in court after losing earlier decisions on the same matter. The case began when a Flex driver, Donald Diggs, filed for unemployment benefits. … Read more

The National Fire Academy (NFA) has abruptly canceled all classes, effective immediately, due to funding freezes and staffing cuts from the Trump administration. This decision was announced by the Federal Emergency Management Agency (FEMA), which stated that they are currently reviewing agency programs to align with the administration’s priorities. Instructors were instructed to halt all … Read more

Analysts at AM Best have raised concerns about the impact of new U.S. tariffs on imports from Canada and Mexico, as well as increased tariffs on China. They warn that these changes could negatively affect the insurance industry, especially for homeowners and auto insurance. Sridhar Manyem, a senior director at AM Best, explained that the … Read more

EZLynx has introduced an exciting new tool designed to help independent insurance agents work more efficiently. This tool, called EZLynx Virtual Assistance (EVA), aims to streamline everyday tasks and improve customer interactions. With the insurance market changing quickly, agents need to find ways to save time and focus on growing their businesses. EVA comes packed … Read more

A construction company in California has been fined over $430,000 for failing to pay workers properly. The fines were imposed after an investigation revealed that 86 carpenters employed by Howood Company Inc. were not paid their wages and overtime for several weeks. The Labor Commissioner’s Office in California took action to recover the unpaid wages … Read more

Insurance professionals in the trucking industry gathered earlier this month for a webinar hosted by Insurance Journal to discuss the current challenges and opportunities in transportation insurance. The panel featured experts who shared insights on the tough market conditions and the benefits of alternative insurance options, such as member-owned captives. Kenny Planeta, a senior vice … Read more