Patricia Wells

A powerful storm system swept through Texas and Oklahoma over the weekend, bringing heavy rain, large hail, and tornadoes. The severe weather claimed three lives and caused significant damage as communities began to assess the aftermath on Easter Sunday. On Saturday, the National Weather Service reported 17 tornadoes across the region, with five confirmed in … Read more

The Board of Directors at Capital Farm Credit has recently approved the acquisition of two crop insurance agencies in the Texas Plains Region. This move aims to strengthen their role as a dependable provider of essential crop insurance policies. The agencies involved in this deal are Bennett Crop Insurance and Taylor Crop Insurance, both of … Read more

Inszone Insurance Services has announced its acquisition of Davidson Insurance Agency Group, LLC, a well-established insurance provider based in Missouri. This acquisition marks a significant step for Inszone as it expands its reach and services in the insurance market. Davidson Insurance Agency has been a trusted name in the community since it was founded in … Read more

Admiral Group, a major player in the UK insurance market, has decided to sell its U.S. insurance division, Elephant Insurance Co. and Elephant Insurance Services, to the private equity firm J.C. Flowers & Co. The details of the sale, including the price, have not been disclosed. Elephant Insurance, based in Richmond, Virginia, specializes in property … Read more

ALKEME has made a significant move by acquiring Crawford Insurance Group (CIG), a well-respected insurance agency based in Rochester Hills, Michigan. This acquisition was announced recently and adds to ALKEME’s growing portfolio in the insurance sector. Crawford Insurance Group has been serving clients since 2001, offering a variety of personal and commercial insurance options, including … Read more

AM Best has downgraded the financial ratings of PrimeOne Insurance Company, based in Dallas, Texas. The company, a subsidiary of PrimeOne Insurance Group, saw its Financial Strength Rating drop from B+ (Good) to B- (Fair). Its Long-Term Issuer Credit Rating was also lowered from “bbb-” (Good) to “bb-” (Fair). The outlook for these ratings has … Read more

Natural disasters caused over $53 billion in insured losses worldwide in the first quarter of 2025, with California’s wildfires accounting for a staggering $38 billion of that total. This figure represents 71% of global insured losses, according to a report by Aon. The losses during this period were significantly higher than the average for the … Read more

A fan of quarterback Shedeur Sanders has filed a lawsuit against the NFL for $100 million. This comes after Sanders, who played at the University of Colorado, unexpectedly slid to the fifth round during the 2025 NFL Draft. The fan claims that the circumstances surrounding his draft position caused emotional distress and financial loss. Sanders … Read more

More than half of small business leaders are optimistic about the role of artificial intelligence (AI) in improving worker safety in the next five years, according to a recent report from Pie Insurance. The survey, which included over a thousand small business decision-makers, revealed that 64% believe AI will be crucial for workplace safety soon. … Read more

The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has taken a significant step regarding workers’ compensation insurance rates. On Wednesday, the governing committee approved a plan to submit a new filing for pure premium rates. This filing is set for September 1, 2025, and it proposes rates that are, on average, 11.2% higher than … Read more