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Feds Couldn’t Punish Insurance Companies For Covering Marijuana Businesses Under New Bipartisan Senate Bill

A bipartisan pair of U.S. senators have filed a bill to provide a safe harbor to insurance companies that work with state-legal marijuana businesses. The Clarifying Law Around Insurance of Marijuana (CLAIM) Act was introduced on Tuesday by Sens. Kevin Cramer (R-ND) and Ruben...

Independent agencies push into commercial lines | Insurance Business

Automation is making personal lines rating faster and more commoditized; pressuring agencies to diversify, while small business insurance remains ... Source link

Surging cumulative trauma claims driving frequency, costs

A surge in cumulative trauma claims is pushing up California workers compensation claim frequency and administrative costs while putting pressure on insurers, according to the Workers Compensation Insurance Rating Bureau of California. Examining a barrage of data, cumulative trauma claims have become the primary...

Business Insurance Interviews Scott Seaman on America’s Evolution of Insurance Coverage Litigation

Scott Seaman, co-author of Hinshaw’s recently published America 250 book and co-chair of Hinshaw’s Global Insurance Services Practice Group, was interviewed in the third of five episodes of the Business Insurance “Insuring America” video series, which highlights the impact and development of insurance...

ARU Celebrates 10 Years of Specialty Property Insurance Excellence Driven by Innovation, Expertise, and Growth

ARU celebrates a decade of disciplined growth, expanding from poultry coverage to a national specialty property platform serving complex and high-hazard risks. WINSTON-SALEM, NC, UNITED STATES, March 11, 2026 /EINPresswire.com/ — ARU, a specialty Property insurance platform focused on product development, underwriting, loss control,...

Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves

Second quarter 2026 net income at Travelers increased 46% to about $2.2 billion on lower catastrophe losses and favorable prior year reserve development. Catastrophe losses for the quarter, mostly from severe storms, were $518 million compared...