Author: completebodyneeds

My May 2026 column about the enforceability of an exclusionary endorsement that was not listed in a policy’s schedule of endorsements began with this quotation that referenced “endorsements hiding in plain sight”: “Insurance rarely fails loudly. It fails quietly, through definitions, territorial carve-outs, and endorsements hiding in plain sight.” — Yehuda Daniel Katz I begin this month’s column with the same quote because it references policy “definitions…hiding in plain sight.” This is a great quotation because it illustrates that many losses can be denied not by exclusions per se but by other policy provisions that may unexpectedly, under certain circumstances,…

For many property and casualty agents, the realm of employee benefits might seem like a strange and mysterious world outside of their normal business. But what if it could be a way of strategically meeting the clients’ needs and building client relationships in a less traditional way? Agencies that serve businesses already understand their risks. Consider all of the businesses you work with; whether you consider yourself a generalist or specialist, by the time you work with a client for a couple of years, you should have a good working knowledge of the risks that the business faces from a…

Most agency owners will tell you they have a training program. And they genuinely believe it. But when you dig into what that looks like, it’s usually some version of the same thing: a checklist of tasks to complete in the first week, a seasoned employee assigned to answer questions, and an unspoken expectation that the new hire will piece things together over time. That’s not a training program. That’s onboarding by default, and there’s a meaningful difference between the two. The ‘Sit Next to Someone and Learn’ Trap The most common training approach in independent agencies is still shadowing.…

A federal judge ordered the release of $5 million to New York writer E. Jean Carroll in her sexual-abuse lawsuit against Donald Trump, rejecting the president’s request to delay the payout while he asks the Supreme Court to reconsider his appeal. “It is time” for Trump to “pay the judgment,” US District Judge Lewis Kaplan said Wednesday. Kaplan ordered the court clerk to release $5 million plus interest that Trump deposited after the verdict in May 2023, to allow his appeal. Carroll’s lawyer has said the total amount is now $5.77 million. Less than an hour after Kaplan’s ruling, Trump…

The U.S. Department of Agriculture said it is expanding coverage options to add revenue protection for forage producers in 12 states, Implemented by USDA’s Risk Management Agency (RMA), the new coverage options guard against both yield losses and decline in price due to market changes. “We closely collaborated with forage producers and industry stakeholders to develop this expanded policy to provide these coverage options in the areas where it is needed the most,” said RMA Administrator Pat Swanson. This insurance policy will be structured similarly to other federal crop insurance revenue programs, replacing Actual Production History (APH) coverage for forage…

A Texas district court this week issued a temporary injunction against a wind turbine recycling company that has stockpiled thousands of wind turbine blades at two facilities in Sweetwater. The temporary injunction orders Global Fiberglass Solutions to immediately cease accepting shipments of wind turbine blades and to remove all the blades within the next two years. Within 30 days the company must deposit a bond of at least $3.5 million with the Texas Commission on Environmental Quality (TCEQ) as financial assurance. Texas Attorney General Ken Paxton sued Global in February for failing to dispose of the waste and instead creating…

The U.S. Department of Labor has proposed more than $3.5 million in fines against three companies after federal inspectors determined they failed to protect workers during post-emergency response cleanup after a chemical spill at the BWC Terminals industrial facility in Channelview, Texas. The department’s Occupational Safety and Health Administration initiated three inspections after a Dec. 27, 2025, sulfuric acid spill at the BWC Terminals LLC industrial facility led to multiple employee injuries. OSHA found that despite safety warnings, BWC Terminals mixed fresh and spent sulfuric acid, triggering a tank overpressure that ruptured a supply line releasing 1 million gallons of…

Anyone who has watched an episode of “9-1-1: Nashville” could be forgiven for thinking the city is constantly beset by tornadoes that turn outdoor concerts into scenes of carnage and blow scooter-riding tourists onto the tops of water towers. That may be a TV exaggeration, but tornadoes and other dangerous storms do hit the city regularly. When they do, many people here turn to Nashville Severe Weather. This group of dedicated volunteers can be found on social media, calmly explaining the storm movement, advising when to take cover and giving the “all clear.” The coverage by Will Minkoff, Andrew Leeper…

Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Overland Park, Kansas-based Med James, Inc. Terms of the transaction were not disclosed. Med James is a managing general agency (MGA) and wholesale insurance broker serving retail agents. Pam Donahue and the Med James team will remain in their current location under the direction of Jacey Norberg, VP-North Central Region for RPS. Topics Mergers & Acquisitions Kansas A.J. Gallagher Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Mergers? Get automatic…

MGA Fusion Specialty Acquired by Asset Manager Arrow Global Arrow Global Group (Arrow), a UK-based investment manager specializing in private credit and real estate, announced its subsidiary Arrow Global Insurance (AGI) has acquired Fusion Specialty Group, a specialist managing general agent. AGI acquired Fusion from POP Group Holdings, the Sydney, Australia-headquartered insurtech conglomerate, for an undisclosed amount. AGI is a specialty insurance platform that underwrites insurance through its own MGAs while also focusing on acquisitions of MGA businesses. AGI was launched in March by Arrow Global Group as a business vertical designed to capture institutional investment opportunities across the insurance…