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Shifting your employee benefits to put wellness in the center.
Across the world, interest in wellness is increasing. Searches for wellness-related topics like “seasonal depression,” “meditation,” “yoga” and “oral health” have increased significantly year over year. What does this mean for employers? By shifting your employee benefits to put wellness in the center, you can increase employees’ tenure, reduce turnover and save on human capital…

Palomar agrees to acquire Texas-based crop insurance MGA AAP
Crop insurance growth in the US Palomar’s expansion into the crop segment follows growth trends and projections within the market. In 2024, farmers and ranchers invested over $6 billion to purchase approximately 2.4 million crop insurance policies, providing $159 billion in protection against weather and market losses. This coverage spanned over 543 million acres, representing…

Donegal Mutual Insurance Company accuses policyholder of forged invoices
Michael’s Fabrics, LLC, a Baltimore-based retailer specializing in high-end fabrics, purchased a business owners’ insurance policy from Donegal Mutual Insurance Company for the period covering December 16, 2022, to December 16, 2023. The policy, for which the company paid an annual premium of $4,765, included $3,364 for property coverage. Source link

Energy insurance market softens as capacity reaches record highs: Willis
The upstream market, which has seen a 5% growth in capacity, is benefiting from a quiet year for losses. This growth continues to fuel soft market conditions. Insurers are under pressure to expand their market share, which has led to reductions in rates and an increasing willingness among underwriters to take on leadership roles, further…

Leak of top US officials’ group chat a lesson on unsupervised tech security
Jeffrey Goldberg, editor-in-chief of The Atlantic, revealed on Monday that he got added to a group chat on the application Signal where top US officials, including National Security Advisor Michael Waltz and Vice President JD Vance, discussed plans to bomb Houthi targets across Yemen earlier this month. Source link