July 2025
2025’s Hurricane Forecast: Most (& Least) Affected Counties
By Kimberly Magerl Which U.S. counties are most in harm’s way this hurricane season? With NOAA predicting an “above-normal” storm season, LawnStarter ranked 2025’s Most (& Least) Affected Counties by Hurricanes using 10 metrics across 4 categories. Some findings? A staggering $5.8 billion in expected annual hurricane damages is concentrated in just 10 counties, nearly […]
Breakneck Brokering
A new report just out tolls total fees and commissions earned from insurance broking activity in 2024 at USD 180 billion. The market appears to have consolidated further during 2024. Close to a half of the world’s top 500 broking groups are headquartered in the US and over 85% of them are privately-owned. Sound right? […]
Instnt Achieves Insurance Certification in New York
Instnt, the world’s first identity fraud loss insurance solution, announced its certification to operate in New York. This milestone marks a key step in the company’s expansion strategy following its launch this March. The certification, granted by the New York Insurance Department, is a regulatory approval that allows Instnt to legally market and conduct insurance-related […]
AIPSO Appoints Executive Vice President
AIPSO President and CEO Chuck Kwolek is pleased to announce that Les Willis has been appointed Executive Vice President and will serve in this capacity until August 2026, when Les will succeed Chuck as President and CEO. Prior to joining AIPSO, Les served as a member of AIPSO’s Board of Directors for ten years (serving […]
ERGO Successfully Finalizes the Full Acquisition of NEXT Insurance
ERGO Group AG (“ERGO”)has announced the successful completion of the full acquisition of NEXT Insurance by Munich Re Group. Consequently, NEXT Insurance is now embedded within the management structure of ERGO, the major primary insurance business of Munich Re. Together with NEXT Insurance, we will seize the considerable growth potential offered by this appealing market […]
The Big ‘I’ Secures Important Win as Senate Passes Tax Package
The ‘One Big Beautiful Bill Act’ makes permanent the 199A deduction for pass-through entities. The Big “I” applauded the U.S. Senate for passing the “One Big Beautiful Bill Act”.The package includes significant tax reform and would make much of the 2017 Tax Cuts and Jobs Act (TCJA) permanent, which would otherwise expire at the end […]
Big ‘I’ Releases Trusted Choice® Legal System Abuse Toolkit
New toolkit helps independent insurance agents educate clients, explain rising costs and advocate for reforms. This Big “I” has released the Trusted Choice® Legal System Abuse Toolkit to help independent insurance agents educate customers about how legal system abuse can drive up insurance costs. Frivolous lawsuits and inflated claims—fueled by third-party litigation funding, which allows […]
Earth Movement Exclusion Effective as Major Cause of Loss
Earth Movement Exclusion Effective as Major Cause of Loss Terri Lawrence sued alleging that State Farm breached an insurance contract and acted in bad faith by failing to pay benefits under the contract. The case was removed to the United States District Court based on diversity jurisdiction, and the trial was set to begin on […]
Alleged Fraudsters have Obvious Conflicts with Each Other
Lawyer Representing 35 Defendants in Fraud Case Has Insurmountable ConflictPost 5110 In Allstate Insurance Company, et. al v. Robert Matturro, D.C., et al.; New Jersey Department Of Banking And Insurance, Intervenor, No. A-0711-24, Superior Court of New Jersey, Appellate Division (June 16, 2025) Allstate and several related entities sued forty-two defendants, including medical practices, their […]
