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Porch Group expands insurance agency distribution
Eric Lemieur, head of insurance sales and distribution at Porch Group, said the number of agencies appointed at the Reciprocal is growing rapidly. He said the new partnerships reflect a shared approach to insurance and customer reach, which aligns with Porch’s broader aim to simplify the homeownership process. Source link

Fifth Circuit rules against Allied World in $10 million sprinkler system insurance dispute
The Fifth Circuit found that under Louisiana law’s one-year prescription period for products liability claims, Allied’s lawsuit was time-barred. The court ruled that RISE Residential, acting as an agent for the developer Provident Group-Flagship Properties, LLC, had constructive knowledge of the root cause well before the July 23, 2020 deadline. That knowledge, the court said,…

Nevada bill seeks to create FAIR Plan for high-risk properties
There is also the Nevada Public Employees’ Benefits Program (PEBP), which manages and administers health and life insurance programs for qualified Nevada government employees. Established in 1963, it offers comprehensive medical, prescription drug, dental, vision, life, and long-term disability insurance. Source link

P&C market faces shifts amid high catastrophe losses in 2025 – USI
Replacement cost valuations from January 2024 to January 2025 rose by 5.5% nationwide, according to USI, with states like Maine, Tennessee, Florida, Kansas, Minnesota, Montana, Idaho, Nevada, and Washington reporting increases between 7.4% and 10.1%. Source link

Mental health is the next frontier for workers’ compensation
“Originally, workers’ compensation was fundamentally about traumatic injuries in the workplace,” says Mark Walls, Chief Marketing Officer at Safety National, and Founder at Work Comp Analysis Group. Walls, who has over two decades of experience in the workers’ compensation field, adding that “over time, you saw that start to change as occupational diseases came into…