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California Lawmakers Pass Bill to Boost Oil Production

by lpiccitto | Sep 16, 2025 | Uncategorized

California lawmakers passed a bill over the weekend that would allow the construction of thousands of new oil wells annually in the Golden State in a bid to make oil supply more affordable for refineries and keep fuel prices in …

Citizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil

by lpiccitto | Sep 16, 2025 | Uncategorized

Pressure may be mounting on Florida’s Citizens Property Insurance Corp. to reduce its use of state-agency arbitration for claims disputes, following new class-action lawsuits, court rulings and national news reports suggesting the alternative dispute resolution avenue...

Australia Pledges $6 Billion by 2030 to Tackle Climate Hazards as Disaster Risk Rises

by lpiccitto | Sep 16, 2025 | Uncategorized

Australia will spend A$9 billion ($6 billion) on climate adaptation through 2030 as it braces for more frequent, severe and overlapping hazards caused by global warming, the government said in two climate-related reports on Monday. The money is earmarked for …

AmTrust Expands E&S Division, Spins Off Some MGAs With Blackstone

by lpiccitto | Sep 16, 2025 | Uncategorized

AmTrust Financial Services has a busy day on Sept. 15 as it expanded its excess & surplus division to include new lines, appointed leadership, and announced an agreement with Blackstone Credit & Insurance to spin off certain managing general agencies …

VW Brown Owner Ripley Takes Over as Chair of Big ‘I’

by lpiccitto | Sep 16, 2025 | Uncategorized

Angela Ripley, owner and president of Maryland-based VW Brown Insurance Service, is the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”). Ripley became the second woman to serve as chair at the organization’s Fall …
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