Selectsys Acquires Expert Insured, with AI for Carriers, MGAs
Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. Terms were not disclosed. With headquarters in Boston, Expert Insured also has …
Connecticut Lawmakers Ban Use of Foreign-Made Drones by State, Local Agencies
HARTFORD, Conn. (AP) — Connecticut lawmakers passed emergency legislation this week prohibiting state agencies and municipalities from purchasing or using Chinese and Russian drones while also imposing restrictions on where drones can be operated in the state. The bill comes …
Florida’s Bad-Faith Claims Reform Law Not Retroactive, Appeals Court Says
A Florida appeals court has re-affirmed a major state Supreme Court decision, helping to answer lingering questions about whether the 2022 bad-faith litigation reform law can be applied retroactively. The answer is “no,” Florida’s 1st District Court of Appeals said …
Washington Man Pleads Guilty to Insurance Fraud for Carpet-Cleaning Claim
A carpet-cleaning claim and a fake theft of a Hyundai has led to guilty pleas for two people for insurance fraud in Washington. Seattle resident Jason Weisfeld of Federal Way, Washington, and Fedaa Shakir, both pleaded guilty to submitting false …
Tesla Sets Sights on Waymo, Uber in California Ridesharing Bid
Tesla Inc. is seeking approval to offer ride-hailing services in California, a key step by Elon Musk’s company to begin carrying paying customers while its traditional car-selling business falters. The electric vehicle manufacturer applied late last year for what’s known …
Newsom Leans on Veteran Republican to Push $40 Billion California Fire Aid
California Gov. Gavin Newsom is enlisting veteran Republican lawmaker Ken Calvert to help push his $40 billion wildfire aid request through Congress and secure President Donald Trump’s backing for rebuilding efforts. Calvert, 71, a longtime member of the powerful House …
Norfolk Southern Wins Dismissal of Bondholder Lawsuit Over Ohio Train Drailment
A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern NSC.N of causing hundreds of millions of dollars of losses for bondholders by concealing safety risks prior to the February 2023 derailment in East Palestine, Ohio of a train …
AXA CEO Says Prevention Needed to Keep Home Insurance Affordable
A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention needs to become “a mandatory part” of insurance …
Templar Specialty Expanding Executive and Professional Liability Insurance Offerings
Templar Specialty announced that it is now expanding its executive and professional liability insurance offerings to include excess and A-side Directors & Officers coverage to public companies. This follows the success of Templar Specialty’s Executive and Professional Shield, a suite …
Texas Panhandle Town Grapples with Recovery One Year After Devastating Wildfire
Past the terracotta canyons and sloping hills in the Texas Panhandle is a colorful, small town center. A vibrant mural of the town’s name greets visitors, the yellow and blue paint from a historic motel can be seen in the …
US Soldier Linked to AT&T Hack Accused of Contacting Spy Agency
A 21-year-old US soldier accused of trying to sell AT&T call records of Donald Trump’s family members also attempted to pawn off sensitive data to a foreign intelligence organization, according to court documents. Cameron Wagenius pleaded guilty earlier this year …
Why People Rebuild in Appalachia’s Flood-Ravaged Areas Despite Risks
On Valentine’s Day 2025, heavy rains started to fall in parts of rural Appalachia. Over the course of a few days, residents in eastern Kentucky watched as river levels rose and surpassed flood levels. Emergency teams conducted over 1,000 water …
Philadelphia Tests Bullet-Resistant Glass to Protect City Bus Drivers
Philadelphia’s public transit system is moving forward with plans to test-run bullet-resistant glass enclosures for drivers on city buses, joining other cities hoping to provide more protection for drivers who often face violence and harassment from passengers. Law enforcement officers …
Inszone Acquires South Dakota’s Kouri & Associates
Inszone Insurance Services announced the acquisition of Kouri & Associates Inc., a Sioux Falls-based agency with a legacy dating back to 1970. This latest acquisition strengthens Inszone’s footprint in the Midwest and ensures Kouri & Associates’ clients gain access to …
Higginbotham Acquires EZ CERT from Program Insurance Group
Higginbotham announced an association with Program Insurance Group of Georgetown, Texas — also known as the home of EZ CERT, a nationally-deployed insurance certificate tracking service for franchisors and franchisees. Through the association, Higginbotham will acquire EZ CERT. EZ CERT …
Europe’s Warming Ocean Current ‘Unlikely’ to Collapse This Century
A new study disputes a long-held fear that climate change will lead to a quick, total collapse of the Atlantic Meridional Overturning Circulation (AMOC), the ocean current that brings warmth to northwestern Europe. Scientists from the UK’s Met Office and …
Lemonade CEO Declares ‘Best Quarter Ever,’ Posts Narrowed Q4 Loss of $30M
Insurtech Lemonade reported a fourth quarter 2024 net loss of about $30 million and a loss for the year of about $202.2 million. Results were in comparison to a net loss of $42.4 million for the fourth quarter 2023 and …
Fire Danger in LA Is All Around, But Signals to Residents Are Mixed
In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the danger that wildfire poses to homes in the Los Angeles area. But that didn’t necessarily help thousands of homeowners correctly …
Mississippi City Drops Lawsuit Over Editorial That Judge Had Ordered Removed
A Mississippi city dropped its lawsuit Monday against a newspaper that had its editorial criticizing local leaders removed by a judge in a case that sparked widespread outrage from First Amendment advocates. The city of Clarksdale’s board of commissioners sought …
Title Insurance Could Finally Come to New York Under Governor’s Budget Amendment
New York this year could become the 50th U.S. state to accept title insurance, after Gov. Kathy Hochul quietly submitted a single paragraph in her 2026 budget amendments last week. The proposed change “adds a provision stating the attorney general …

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