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Farmers Insurance is set to make history with a bold move: over the next year, the company plans to welcome nearly 1,700 new agency owners—marking one of the biggest single-year growth surges in Farmers’ history.
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For nearly a decade, people in Sweetwater have faced an unsettling scene every time they come and go: thousands of discarded wind turbine blades looming on the edge of this small West Texas town—impossible to ignore and hard to forget.
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A New Bedford, Massachusetts couple admitted in federal court in Boston yesterday that they carried out a scheme to cheat their own insurance clients—using their company, BL Insurance Brokerage, LLC, as the vehicle for the fraud.
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Catastrophes, resilience, automation, digital transformation, personalized claims experiences, evolving talent strategies, and operational flexibility—these are just some of the powerful forces already shaping this still-young year. Together, they’re redefining how the claims industry works and setting the stage for changes that demand attention.
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A new report from S&P Global Market Intelligence reveals striking contrasts in the insurance industry’s 2025 performance.
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The U.S. auto industry is wrestling with a stubborn affordability crisis—one that could push more Americans toward the used-car lot while leaving automakers exposed to a growing wave of lower-priced competitors.
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The share of insurers planning to keep their workforce unchanged over the next 12 months has climbed to a 15-year high, signaling a clear shift toward stability in the industry. At the same time, only 7% of companies say they expect to cut jobs in 2026—suggesting that large-scale layoffs remain unlikely for now.
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Two years ago, Rainier Miguel Salas and two licensed Florida insurance agents were charged in a scheme to sell insurance agent licenses—allegedly operating through an illegal 'licensing school' in Miami that helped unqualified applicants bypass the system and obtain credentials they never earned.
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Just one year after being acquired by its CEO’s newly formed holding company, Universal North America is already making bold moves. The firm has expanded its footprint with new offices in Florida—and unveiled a new name to mark the next chapter of its growth.
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As the U.S.–Iran war intensified on Thursday, more oil tankers came under attack in Gulf waters, while Iranian drones crossed into Azerbaijan—raising fears that the conflict could spill over and pull more of the region’s major oil producers into the crisis.