Patricia Wells

The Oklahoma Insurance Department is set to launch the second pilot of the Strengthen Oklahoma Homes Program, which offers residents up to $10,000 to improve their homes to meet the IBHS Fortified standard. This initiative aims to help homeowners make their properties more resilient against severe weather. Eligible residents in nine specific zip codes can … Read more

Firefighters in New Jersey are making significant strides in battling the Jones River wildfire, which is now 75% contained as of noon on April 28. The fire has scorched approximately 15,300 acres in the Forked River Mountains Wilderness Area, part of the Ocean County Natural Lands Trust. Fire crews will remain on the scene for … Read more

A tragic boat crash in Clearwater, Florida, has left one person dead and ten others injured. The incident occurred on Sunday evening, just as the Sugar Sand Festival was wrapping up. A recreational boat collided with a Clearwater Ferry that was carrying 45 passengers after a sand-sculpting contest. Witnesses reported that the crash happened around … Read more

A California Assembly committee has taken a significant step to tackle the state’s ongoing wildfire and insurance challenges. The Assembly Insurance Committee unanimously approved the California Safe Homes Act, known as Assembly Bill 888. This legislation aims to enhance home safety against wildfires while making insurance more accessible for residents. The act focuses on funding … Read more

Nick Tye, the co-founder and CEO of Carbon Underwriting, has announced his retirement due to health issues. After being diagnosed with progressive multiple sclerosis, Tye has decided to step back to focus on his health and family. His departure marks a significant change for the London-based managing general underwriter, which he helped establish in 2018. … Read more

Marks & Spencer Group Plc is facing significant challenges following a ransomware attack that has disrupted its operations. Hackers used a powerful type of malware known as DragonForce to lock down some of the retailer’s systems, making them inaccessible. This cyber incident, which began over a week ago, has forced M&S to pause online orders … Read more

Aspen Insurance is planning to go public again in the United States, aiming for a valuation of up to $2.85 billion. This comes after more than six years since its last public offering. The company, based in Bermuda, is looking to capitalize on a calmer stock market, which has seen easing tensions in the U.S.-China … Read more

Aon and WTW have shared their financial results for the first quarter of 2025, revealing contrasting fortunes for the two brokers. Aon reported a significant revenue increase, while WTW faced a decline. Aon’s total revenue for the first quarter reached $4.7 billion, marking a 16% rise from $4.1 billion in the same period last year. … Read more

CIBA, a company specializing in commercial real estate insurance, has announced that it is expanding its NexEdge individual limits property product into the Upper Midwest and Southeast regions of the United States. This move follows the successful launch of NexEdge in the Western States, and it shows CIBA’s dedication to providing customized insurance options for … Read more

Mail Hauler Trucking, LLC., a company that delivers mail for the United States Postal Service in North Dakota and South Dakota, has agreed to pay $45,000 to settle a lawsuit over disability discrimination. The U.S. Equal Employment Opportunity Commission (EEOC) announced this settlement after suing the company for firing an employee due to his disability. … Read more