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Uncertainty Looms for Michigan’s EV Industry Amid Federal Policy Changes
While President Donald Trump took aim at the electric vehicle industry last week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its number one destination for electric vehicle …
POSTED JANUARY 28, 2025 5:21 PM |
Trucordia Acquires Louisiana’s CADA
Trucordia has acquired the insurance business of CADA Insurance Services which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. “The CADA Insurance team is a welcome addition to Trucordia,” said Trucordia CEO Felix Morgan. “They share …
POSTED JANUARY 28, 2025 5:07 PM |
Corpus Christi Initiates Emergency Effort to Boost Water Supply
On the South Texas coast, the city of Corpus Christi has initiated an emergency effort to boost its water supply as local reservoirs experience a yearslong decline and water demand from big industrial projects continues to grow. The Corpus Christi …
POSTED JANUARY 28, 2025 5:05 PM |
‘World’s Largest Truck Stop’ Fined $390K by EPA
Two truck stops in Iowa and Missouri – Iowa 80, advertised as “the world’s largest truck stop,” and Joplin 44 – agreed to pay a combined $390,784 to resolve alleged violations of the federal Clean Water Act. According to the …
POSTED JANUARY 28, 2025 5:01 PM |
Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows
Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations in the state since the deadly collapse …
POSTED JANUARY 28, 2025 4:58 PM |
Trump Asserts Federal Government Power Over California Water
President Donald Trump is asserting more federal government control over water management decisions in California and ordering U.S. officials to override local authorities, casting the steps as necessary to boost the state’s firefighting capabilities. The actions — enshrined in an …
POSTED JANUARY 28, 2025 4:22 PM |
2025 Agency Salary Survey: Deadline Approaching
It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine. ALL retail agency owners, principals, producers, CSRs — the entire agency — should participate and be …
POSTED JANUARY 28, 2025 3:34 PM |
Not a Bear But a Fake Deer-Collision Claim Results in South Carolina Fraud Charges
First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company. …
POSTED JANUARY 28, 2025 3:09 PM |
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution
DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention and Response (DUAL CPR) – which …
POSTED JANUARY 28, 2025 2:38 PM |
APCIA: Insurance Markets Work Best Without Excessive Price Regulation
The American Property Casualty Insurance Association (APCIA) recently released a report that concludes over-regulation impedes insurance markets “Insurance markets function best when allowed to operate competitively, free from excessive price regulation,” said Robert Gordon, APCIA’s senior vice president, policy, research …
POSTED JANUARY 28, 2025 2:32 PM |
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