Farmers Group Announces Job Cuts in California Amid Broader Insurance Sector Slump Farmers Group, a major player in the U.S. insurance landscape, is set to lay off 63 employees in California as part of ongoing restructuring efforts. This move highlights deepening challenges in the industry, where economic pressures and technological shifts are forcing widespread employment … Read more
Suspected Russian GPS Jamming Targets EU President’s Plane Amid Escalating Hybrid Threats In a stark escalation of hybrid warfare tactics, a plane carrying European Commission President Ursula von der Leyen encountered severe GPS jamming on August 31, 2025, while attempting to land at Plovdiv International Airport in southern Bulgaria. The incident, which forced pilots to … 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
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
‘The Art of Underwriting’: Why Accountability is Key in ICAT’s Culture Broomfield, CO – August 7, 2025 — At the International Catastrophe Insurance Managers (ICAT), a leading underwriter of catastrophe insurance since 1998, accountability is more than a buzzword—it’s the cornerstone of a culture that drives disciplined risk management and innovative underwriting. With a mission … Read more
July 7, 2025 The insurance industry, long perceived as a slow-moving giant tethered to legacy systems, is undergoing a seismic shift driven by artificial intelligence (AI). Far from being just another tool in the toolkit, AI is redefining how insurers operate, interact with customers, and manage risks, creating a more efficient, customer-centric, and innovative landscape. … Read more
A seismic shift is rocking the U.S. auto insurance industry, with customer loyalty plummeting to historic lows, according to the 2025 U.S. Auto Insurance Trends Report from LexisNexis Risk Solutions. The study, released on June 16, 2025, reveals that policy shopping and switching rates soared in 2024, driven by premium sensitivity, aggressive marketing, and digital … Read more
There are many kinds of liability policies to protect individuals as well as businesses and other organizations against the possibility of causing damage to other people’s property, bodily injury or death. And such plans essentially are divided among two general types – personal and commercial. Among common types of personal liability coverages are those for … Read more
If you’ve recently started a new business, it’s time to start looking for a commercial insurance quote. New businesses owners tend to be optimistic and therefore don’t consider the risks associated with running a business that could potentially lead to a lawsuit. What if someone gets hurt on your property? What if someone tries to … Read more
When we think of some of the most popular computers, electronics and automobiles, “Sold in the USA” is rapidly replacing “Made in the USA” as the new norm. While the expansion of many US corporations slowed as a result of the recent recession, business is booming for emerging markets around the globe. Multi-national corporations competing … Read more