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The U.S. push to expand drone operations, particularly through the Federal Aviation Administration’s (FAA) proposed rules for Beyond Visual Line of Sight (BVLOS) operations announced in August 2025, is significantly reshaping the aviation insurance landscape. This regulatory shift, aimed at enabling scalable commercial drone use in sectors like delivery, agriculture, and public safety, introduces new … Read more
On August 12, 2025, Brown & Brown, Inc. (NYSE: BRO), through its subsidiary Brown & Brown Dealer Services (BBDS), acquired the assets of Tire Shield, Inc., a company founded in 1997 that provides administrative services for tire and wheel road hazard products and GAP waiver products in the RV, automotive, and power sports industries. This … Read more
Cyber attacks that extend beyond networks can cause widespread disruption, impacting physical infrastructure, economies, societies, and even national security. When operational technology (OT) and information technology (IT) systems converge, the consequences can ripple into the physical world, affecting businesses, critical services, and individuals. Below is a detailed exploration of what happens when cyber attacks break … Read more
Chubb Challenges Unlicensed Adjuster’s Role in $1.77 Million Fire Claim Dispute White Plains, NY, August 12, 2025 – Chubb, a leading global insurance provider, is embroiled in a legal battle over a $1.77 million fire claim, challenging the involvement of an unlicensed adjuster in the claims process. The dispute, centered on a 2006 fire at … Read more
The phrase “$31K gone in seconds” highlights the speed and severity of cyber threats, particularly for high-net-worth individuals (HNWIs) and businesses. Cyber insurance has become a strategic necessity due to the rising frequency and sophistication of cyberattacks, such as phishing, ransomware, and fraudulent fund transfers. A real-world example involves a crypto investor losing over $30,000 … Read more
East Fork Pottery, LLC, a North Carolina-based ceramic dinnerware company, filed a lawsuit against The Phoenix Insurance Company (operating as Travelers) on August 5, 2025, in the U.S. District Court for the Western District of North Carolina. The lawsuit stems from Travelers’ denial of a business interruption claim following Hurricane Helene, which struck Asheville on … Read more
The dashboard – now live – provides a clear view of salary trends for key roles in insurance agencies and brokerages across the US, including average, median, and percentile wages by occupation, state, and year for both broad and detailed compensation analysis. Definitive Compensation Compass for US Insurance Agencies and Brokerages Overview The following provides … Read more
Cyber Insurance: The Biggest Opportunity for Growth in Specialty Insurance in 2025 August 11, 2025 – The specialty insurance market is on a robust growth trajectory, projected to expand from $142 billion in 2024 to $279 billion by 2031 at a CAGR of 10.6%. Among the various segments driving this surge, cyber insurance stands out … Read more
Confidence in managing reputational risk among non-governmental organizations (NGOs) and charities has declined in 2025, as highlighted by WTW’s “NGOs and Charities Reputational Risk Report 2024/2025.” This drop is driven by a combination of external pressures and internal challenges, with organizations facing a volatile environment that threatens their public trust and operational stability. Below is … Read more
Trisura Group Ltd., a Canadian-based specialty insurer, reported a robust second quarter in 2025, with significant profit growth driven by expansion in specialty lines and disciplined underwriting. Here’s a detailed breakdown based on available information: Key Financial Highlights for Q2 2025: Drivers of Growth: Strategic and Market Context: Challenges and Risks: Executive Commentary: CEO David … Read more