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World Insurance Associates picks up Owens Insurance and Stokes-Farnham Insurance
Owens Insurance, founded in 1952, offers personal and commercial insurance, including coverage for home, auto, life, and business. Stokes-Farnham Insurance, established in 1954, provides similar services to individuals and organizations in the region. Source link
State Farm seeks second California rate hike a week after emergency premium approval
Martinez, who owns property in California and sits on a HOA board, noted a tangible shift in consumer awareness. “There’s way more engagement and attendance of landlords now as a byproduct of the surging insurance cost,” he said. “Whereas before, people didn’t even pay much attention to their insurance, now you have to, or else…
TMPAA 2025 wrap-up: Execs warn – MGA boom outpacing the talent to run it
The program market’s sustainability is about to be stress-tested Source link
Survival isn’t about fleeing risk – it’s about diversifying
At the same time, UFG has embraced technology to navigate this turbulent landscape. Advanced catastrophe modeling, in particular, has reshaped the company’s ability to assess risk. “We’ve improved data capture and integrated new CAT modeling tools, allowing us to better analyze exposure and decide where we want to grow,” Salazar said. The models blend internal…
New York bill aims to streamline provider authorizations in workers’ comp
A new bill introduced in the New York State Senate proposes to streamline oversight of podiatrists, chiropractors, and psychologists who treat injured workers under the state’s workers’ compensation system. Senate Bill 8240, sponsored by Senator Ramos at the request of the Workers’ Compensation Board, was introduced on May 27, 2025, during the 2025-2026 legislative session….
Francis Johnson on overcoming challenges in the E&S Market
Johnson also provided an in-depth look at the growth of the E&S market, with premiums reaching an impressive $39.5 billion in mid-2024. He pointed out the key drivers behind this growth, such as the increasing frequency of natural catastrophes. “Excess and surplus lines can be nimble and move fast,” he explained. “That allows us to…