INSURASALES
Walmart Parking Lot Incident Highlights Complexities of Liability and Claims

Walmart Parking Lot Incident Highlights Complexities of Liability and Claims

Explore liability and claims challenges in retail parking lot vehicle damage cases as highlighted by a Walmart incident involving a $2,000 repair claim. Insights into insurer and third-party claims administrator roles.

Broome and Tioga Counties Face $25M-$30M Storm Damage, Insurance Claims Surge

Severe July storms in Broome and Tioga Counties, NY cause $25M-$30M in property damage, prompting a rise in home and auto insurance claims and highlighting flood insurance importance.

IMA Financial Group Names Adam-Ross Branch Oregon Market President

IMA Financial Group appoints Adam-Ross Branch as Oregon market president, succeeding retiring Ken Price. Branch brings expertise in commercial property and casualty insurance.

W.R. Berkley Appoints Shadi Albert as President of Vela Insurance Services

W.R. Berkley Corporation appoints Shadi Albert as president of Vela Insurance Services, signaling strategic leadership transition in excess and surplus lines insurance.

AJ Gallagher Acquires Equinox Agency, Expanding Market Presence

AJ Gallagher acquires Equinox Agency in an undisclosed deal, marking notable activity in insurance agency M&A and market consolidation.

Applied Home National Underwriters CEO Bob Courtemanche Departs After Two Years

Applied Home National Underwriters announces CEO Bob Courtemanche's departure after two years, signaling leadership transition in the P&C insurance sector.

Pennsylvania Seeks Legislative and Insurance Reforms Amid Rising Inland Flood Risks

Pennsylvania faces increasing inland flood risks prompting legislative efforts to improve flood risk disclosures, insurance affordability, and flood mitigation amid rising flood insurance claims and recovery challenges.

Orion180 Launches Flexible Homeowners Insurance in Massachusetts

Orion180 debuts FLEX Home Insurance in nine Massachusetts counties, offering customizable coverage without coastal restrictions amid rising premiums and non-renewals.

Utah Bill Mandates Wildfire Risk Fees with Updated Mapping for Insurance

House Bill 48 in Utah mandates new wildfire risk fees and updated mapping to guide insurance premiums and promote risk mitigation in high-risk wildland urban interface zones, impacting Wasatch and Summit counties starting 2026.

ACA Health Insurance Premiums Proposed to Rise 15% in 2025 Amid Cost and Subsidy Uncertainty

Health insurance premiums in the Affordable Care Act marketplace are projected to increase by 15% in 2025, driven by rising medical costs, new drug expenses, tariffs, and uncertain subsidy extensions.