D&O Insurance – The Basics for Nonprofit Boards

Recently, during a presentation in front of a group of nonprofit board members, I learned that some in the audience were not aware of the risks they face as board members. This article explains why purchasing director and officer insurance is an essential element of every nonprofit organization’s risk management strategy. Background – What are … Read more

Best Telehealth Platforms for Mental Health Support in 2025: Revolutionizing Care for Beginners

As mental health awareness grows in 2025, telehealth platforms for mental health support are transforming how Americans access care, offering convenient, affordable, and effective solutions for beginners seeking therapy or psychiatric services. With nearly half of U.S. adults reporting mental health challenges, per a 2025 Harvard Medical School study, these platforms are breaking down barriers … Read more

Cover Whale Insurance secures $40 million in equity financing

Cover Whale Secures $40 Million in Equity Financing to Drive Insurtech Innovation New York, NY – July 28, 2025 – Cover Whale Insurance Solutions, Inc., a leading insurtech specializing in connected insurance for commercial auto, has announced a significant milestone with a $40 million equity financing round led by Morgan Stanley Expansion Capital. This investment … Read more

Allianz Life data breach exposes 1.4 million customers

Allianz Life Insurance Company of North America confirmed a data breach on July 16, 2025, impacting the majority of its 1.4 million U.S. customers, as well as financial professionals and select employees. The breach occurred through a social engineering attack on a third-party, cloud-based CRM system, allowing a malicious threat actor to access personally identifiable … Read more

CompSource Mutual pursues holding company plan

CompSource Mutual Pursues Holding Company Plan to Bolster Strategic Growth Oklahoma City, OK – August 22, 2025 – CompSource Mutual Insurance Company, Oklahoma’s leading workers’ compensation insurer, is advancing a plan to reorganize as a stock insurance company under a mutual holding company structure, as announced in a filing with the Oklahoma Insurance Department on … Read more

Auto insurance with full coverage at affordable rates:

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Some insurance companies may title themselves as providers of very cheap car insurance no deposit or cheap auto insurance for full coverage. But, what they do here, is that they provide insurance policies that cover only the minimum requirements that can help define someone as a legal driver, that is, their plans only cover basic … Read more

‘Promotion recession’ driving high performers to leave

Promotion Recession: Why Top U.S. Talent Is Jumping Ship in 2025 High-achieving professionals across America are ditching their jobs at record rates, not due to layoffs, but because promotions have dried up. This “promotion recession” is reshaping the workforce, leaving companies scrambling to retain their best. Understanding the Promotion Recession The promotion recession describes a … Read more

Heffernan Network announces redesign | Insurance Business America

On August 20, 2025, Heffernan Network Insurance Brokers, a subsidiary of Heffernan Insurance Brokers, announced the launch of a redesigned website aimed at enhancing support for independent insurance agencies across the United States. The redesign reflects the company’s commitment to being a long-term partner for agencies, focusing on acquisitions, perpetuation planning, and operational support. Below … Read more

HDI Global appoints Nikita Tikhonov as head of marine global risk

HDI Global Promotes Nikita Tikhonov to Head of Marine Global Risk Amid Leadership Transition HANOVER, Germany — HDI Global SE, a leading industrial insurer and part of the Talanx Group, announced on August 26, 2025, the promotion of Nikita Tikhonov to the role of Head of Marine Global Risk, effective September 1, 2025. The appointment … Read more