Patricia Wells

The insurance industry is voicing strong opposition to the Federal Insurance Office (FIO), which has been a topic of concern since its establishment in 2010. Industry leaders, including the National Association of Mutual Insurance Companies (NAMIC) and the Independent Insurance Agents & Brokers of America, have expressed their worries in a letter to Congressman Troy … Read more

Minnesota lawmakers are taking steps to help low-income residents get affordable car insurance. A new bill, known as HF 2215, aims to create the Minnesota Lifeline Insurance Program. This program would offer a state-backed auto insurance option for those whose household income is at or below 300 percent of the federal poverty level, which is … Read more

Marsh McLennan Agency (MMA) has recently acquired Arthur Hall Insurance, a well-established insurance agency based in West Chester, Pennsylvania. Although the financial details of the deal were not disclosed, this acquisition marks a significant move for MMA as it expands its reach in the insurance industry. Founded in 1966, Arthur Hall Insurance specializes in providing … Read more

Hawaii is set to increase the tax on travelers staying in hotels and vacation rentals to help fund environmental protection efforts. This new tax will be part of a bill that is expected to pass easily in the state legislature, where Democrats hold a strong majority. Governor Josh Green has expressed his support and plans … Read more

Residents of Los Angeles County are facing significant challenges, with the high cost of living topping their list of concerns. This issue has intensified, particularly in the wake of the January wildfires that affected many communities in the area. A recent survey conducted by the UCLA Luskin School of Public Affairs highlights these worries among … Read more

With President Donald Trump now in his second term, significant changes are expected for the Occupational Safety and Health Administration (OSHA). This follows the approach taken during his first term and aligns with his broader agenda to reduce regulations. One major issue is that full OSHA enforcement is currently on hold. The Occupational Safety and … Read more

Uber Technologies has announced a new partnership with May Mobility, a startup focused on self-driving technology. This collaboration aims to introduce thousands of self-driving vehicles to Uber’s ride-hailing service across various U.S. cities, starting in Arlington, Texas, by late 2025. This move is part of Uber’s strategy to strengthen its position in the competitive robotaxi … Read more

A new report from Zurich Insurance Group paints a concerning picture of the future as climate change continues to cause more extreme weather events and natural disasters. The paper, released this week, emphasizes the urgent need for action but also highlights that there are steps we can take now to better prepare for these challenges. … Read more

Attendees at the RIMS’ Riskworld annual conference in Chicago will have a chance to meet a group of eager students focused on risk management. These students are participating in the Spencer-RIMS Student Risk Management Challenge, a global competition that encourages college teams to create risk management reports based on a specific case study. The Spencer … Read more

Norfolk Southern has faced growing criticism from residents of East Palestine, Ohio, following a train derailment in February 2023 that caused a major environmental disaster. The incident involved five tank cars filled with vinyl chloride, which were intentionally burned, releasing a large plume of toxic smoke that affected homes, schools, and farmland in the area. … Read more